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Grid Dynamics Holdings, Inc. ( Grid Dynamics, the Company, we, us, or our ) is an Enterprise Artificial Intelligence ( AI ) transformation partner for the Fortune 1000. We combine deep AI expertise with proven enterprise-scale delivery to help clients identify where to invest in AI, deliver systems that work at scale, and capture real business value from AI deployments.
$7.04
$0.46 (-6.13%)
Price from 2 days ago
The business is unprofitable at the operating level (-0.46% margin). The thesis depends entirely on whether and when it reaches sustainable profitability.
Revenue grew 17.5%, still solid.
At 117x earnings, the current multiple leaves limited room for execution misses or growth deceleration.
117.3x earnings, 25.2x FCF. The market is pricing in years of above-average growth. If that thesis breaks, downside from multiple compression alone could be 30%+. This is a stock where you're paying for the future, not the present.
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
$416M
▲ +17.5% YoY
Net Income (TTM)
$5M
▲ +139.2% YoY
Op. Margin
-0.85%
▲ +0.1pp YoY
ROIC
-0.51%
Cash Flow & Balance Sheet
FCF (TTM)
$24M
▲ +37.1% YoY
Op. Cash Flow (TTM)
$40M
▲ +34.4% YoY
Net Debt
-$310M
Net Cash Position
Cash & Equiv.
$327M
5Y CAGR: +29.9%
5Y CAGR: +47.0%
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