To the full analysis
Buyback calculator for Grid Dynamics Holdings
Grid Dynamics Holdings stock: key metrics
GDYNGrid Dynamics Holdings had an operating margin of −0.4% and a return on invested capital (ROIC) of −0.5% in fiscal 2025.
Margins show how much of revenue is left over, returns on capital how hard the invested money works.
Daily figure as of 13 Nov 2026
Margins
- Gross margin
- Operating margin
- Net margin
Figures as a table
| Year | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| 2017 | 42.5% | 18.5% | 18.7% |
| 2018 | 42.8% | 15.1% | 10.0% |
| 2019 | 40.8% | 13.2% | 9.1% |
| 2020 | 37.4% | −13.9% | −11.3% |
| 2021 | 41.5% | 0.0% | −3.6% |
| 2022 | 38.8% | −6.8% | −9.4% |
| 2023 | 36.2% | −1.8% | −0.6% |
| 2024 | 36.2% | −0.6% | 1.2% |
| 2025 | 34.6% | −0.4% | 2.3% |
Returns on capital
- ROE
- ROIC
- ROA
Figures as a table
| Year | ROE | ROIC | ROA |
|---|---|---|---|
| 2017 | 54.0% | 93.4% | 42.3% |
| 2018 | 27.6% | 66.0% | 22.1% |
| 2019 | 20.0% | 79.9% | 15.1% |
| 2020 | −8.3% | −48.0% | −7.5% |
| 2021 | −3.4% | 0.1% | −3.0% |
| 2022 | −8.0% | −16.8% | −7.1% |
| 2023 | −0.5% | −2.2% | −0.4% |
| 2024 | 0.8% | −0.6% | 0.7% |
| 2025 | 1.8% | −0.5% | 1.6% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 14 Aug 2026)
- Valuation signal Fairly valued since 12 Nov 2026, previously Overvalued
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.
