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Grid Dynamics (GDYN) Revenue & Revenue Breakdown

OverviewForecastOwnershipFinancialsChartTranscripts

Grid Dynamics Revenue Highlights

Latest Revenue (Y)

$312.91M

Latest Revenue (Q)

$87.44M

Main Segment (Y)

Retail

Main Geography (Y)

UNITED STATES

Grid Dynamics Revenue by Period

Grid Dynamics Revenue by Year

DateRevenueChange
2023-12-31-0.78%
2022-12-31-46.95%
2021-12-31-89.86%
2020-12-31--5.95%
2019-12-31-28.80%
2018-12-31-29.97%
2017-12-31--

Grid Dynamics generated $312.91M in revenue during NA 2023, up 0.78% compared to the previous quarter, and up 340.62% compared to the same period a year ago.

Grid Dynamics Revenue by Quarter

DateRevenueChange
2024-09-30-5.30%
2024-06-30-4.03%
2024-03-31-2.24%
2023-12-31-0.84%
2023-09-30-0.10%
2023-06-30--3.42%
2023-03-31--0.62%
2022-12-31--0.72%
2022-09-30-4.95%
2022-06-30-8.30%
2022-03-31-7.32%
2021-12-31-14.85%
2021-09-30-21.51%
2021-06-30-21.83%
2021-03-31-29.90%
2020-12-31-14.41%
2020-09-30-17.72%
2020-06-30--31.08%
2020-03-31-1.42%
2019-12-31-1.84%
2019-09-30-9.77%
2019-06-30-8.94%
2019-03-31-3.09%
2018-12-31-100.00%
2018-09-30--

Grid Dynamics generated $87.44M in revenue during Q3 2024, up 5.30% compared to the previous quarter, and up 113.05% compared to the same period a year ago.

Grid Dynamics Revenue Breakdown

Grid Dynamics Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Retail---
Financial Service---
Manufactured Product, Other---
Technology, Media, And Telecom---
Product and Service, Other---

Grid Dynamics's latest annual revenue breakdown by segment (product or service), as of Dec 23: Retail (32.77%), Technology, Media, And Telecom (31.58%), Manufactured Product, Other (13.70%), Product and Service, Other (12.73%), and Financial Service (9.22%).

Quarterly Revenue by Product

Product/ServiceSep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
Manufactured Product, Other-----------
Technology, Media, And Telecom-----------
Retail-----------
Product and Service, Other-----------
Financial Service-----------
Health Care-----------

Grid Dynamics's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Retail (34.11%), Technology, Media, And Telecom (27.66%), Financial Service (16.19%), Manufactured Product, Other (11.22%), Product and Service, Other (7.95%), and Health Care (2.87%).

Grid Dynamics Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21
Other Countries Not Separately Disclosed---
NETHERLANDS---
UNITED STATES---
North America---
Europe---

Grid Dynamics's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (84.74%), Other Countries Not Separately Disclosed (10.90%), and NETHERLANDS (4.36%).

Quarterly Revenue by Country

CountrySep 24Jun 24Mar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22
Other Countries Not Separately Disclosed----------
NETHERLANDS----------
UNITED STATES----------
North America----------
Europe----------

Grid Dynamics's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (87.49%), Other Countries Not Separately Disclosed (9.61%), and NETHERLANDS (2.90%).

Grid Dynamics Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
CACICACI--
ITGartner--
PSNParsons--
GGenpact--
ASGNASGN--
EXLSExlService--
WNSWNS--
PRFTPerficient--
NABLN-able--
GDYNGrid Dynamics--
HCKTHackett Group--

GDYN Revenue FAQ

What is Grid Dynamics’s yearly revenue?

Grid Dynamics's yearly revenue for 2023 was $312.91M, representing an increase of 0.78% compared to 2022. The company's yearly revenue for 2022 was $310.48M, representing an increase of 46.95% compared to 2021. GDYN's yearly revenue for 2021 was $211.28M, representing an increase of 89.86% compared to 2020.

What is Grid Dynamics’s quarterly revenue?

Grid Dynamics's quarterly revenue for Q3 2024 was $87.44M, a 5.30% increase from the previous quarter (Q2 2024), and a 12.94% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $83.04M, a 4.03% increase from the previous quarter (Q1 2024), and a 7.36% increase year-over-year (Q2 2023). GDYN's quarterly revenue for Q1 2024 was $79.82M, a 2.24% increase from the previous quarter (Q4 2023), and a -0.33% decrease year-over-year (Q1 2023).

What is Grid Dynamics’s revenue growth rate?

Grid Dynamics's revenue growth rate for the last 3 years (2021-2023) was 48.10%, and for the last 5 years (2019-2023) was 164.45%.

What are Grid Dynamics’s revenue streams?

Grid Dynamics's revenue streams in c 23 are Retail, Financial Service, Manufactured Product, Other, Technology, Media, And Telecom, and Product and Service, Other. Retail generated $102.55M in revenue, accounting 32.77% of the company's total revenue, up 2.88% year-over-year. Financial Service generated $28.84M in revenue, accounting 9.22% of the company's total revenue, up 31.74% year-over-year. Manufactured Product, Other generated $42.86M in revenue, accounting 13.70% of the company's total revenue, down -29.98% year-over-year. Technology, Media, And Telecom generated $98.83M in revenue, accounting 31.58% of the company's total revenue, up 0.50% year-over-year. Product and Service, Other generated $39.83M in revenue, accounting 12.73% of the company's total revenue, up 35.66% year-over-year.

What is Grid Dynamics’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Grid Dynamics was Retail. This segment made a revenue of $102.55M, representing 32.77% of the company's total revenue.