Superworth

Grid Dynamics profit margin GDYN

Gross, operating and net profit as a share of revenue over the last twelve months, from 2019.

Net margin, 12 months
0.7%
Operating margin, 12 months
−0.5%
Net margin on a year earlier
−3.7 pts
Peer median
5.0%

Over the twelve months to Jun 30, 2026, Grid Dynamics kept 0.7% of its revenue as net profit, with an operating margin of −0.5% and a gross margin of 34.7%.

Five years earlier its net margin was −6.5%.

The median for 10 infrastructure software stocks of a similar size is 5.0%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY20252.3%−0.5%34.6%
FY20241.2%−0.6%36.2%
FY2023−0.6%−1.8%36.2%
FY2022−9.4%−6.8%38.8%
FY2021−3.6%0.0%41.5%
FY2020−11.3%−13.9%37.4%
FY20199.1%12.0%40.8%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY260.7%−3.7 pts−0.5%
Q1 FY261.3%−1.7 pts−0.9%
Q4 FY252.3%+1.2 pts−0.5%
Q3 FY253.4%+2.7 pts−0.3%
Q2 FY254.4%+4.7 pts0.3%
Q1 FY252.9%+2.2 pts0.4%
Q4 FY241.2%+1.7 pts−0.6%
Q3 FY240.7%+4.3 pts−1.3%
Q2 FY24−0.4%+5.5 pts−2.0%
Q1 FY240.7%+11.5 pts−1.6%
Q4 FY23−0.6%+8.8 pts−1.8%
Q3 FY23−3.6%+5.2 pts−3.2%

Against its peers

Companies in Software - Infrastructure nearest Grid Dynamics' size, closest first, today.

CompanyProfit margin
GDYNGrid Dynamics0.7%
CCSIConsensus Cloud Solutions26.7%
OSPNOneSpan27.8%
RPDRapid72.4%
IIIVi3 Verticals3.9%
RDVTRed Violet16.5%
XZOExzeo39.1%
CXMSprinklr2.7%
EVCMEverCommerce5.7%
MKTWMarketwise0.7%
PDFSPDF Solutions4.3%
Peer median5.0%

Where Grid Dynamics ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Grid Dynamics

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.