Grid Dynamics Holdings Inc
NASDAQ:GDYN
Income Statement
Earnings Waterfall
Grid Dynamics Holdings Inc
Revenue
|
312.9m
USD
|
Cost of Revenue
|
-199.8m
USD
|
Gross Profit
|
113.1m
USD
|
Operating Expenses
|
-118.7m
USD
|
Operating Income
|
-5.6m
USD
|
Other Expenses
|
3.8m
USD
|
Net Income
|
-1.8m
USD
|
Income Statement
Grid Dynamics Holdings Inc
Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||
Revenue |
26
N/A
|
26
N/A
|
0
N/A
|
32
N/A
|
55
+69%
|
81
+48%
|
111
+37%
|
118
+6%
|
143
+21%
|
175
+22%
|
211
+21%
|
244
+15%
|
273
+12%
|
296
+9%
|
311
+5%
|
319
+3%
|
319
N/A
|
315
-1%
|
313
-1%
|
|
Gross Profit | ||||||||||||||||||||
Cost of Revenue |
0
|
0
|
0
|
(23)
|
(37)
|
(52)
|
(70)
|
(71)
|
(85)
|
(102)
|
(124)
|
(144)
|
(165)
|
(181)
|
(190)
|
(197)
|
(197)
|
(198)
|
(200)
|
|
Gross Profit |
0
N/A
|
0
N/A
|
0
N/A
|
10
N/A
|
18
+85%
|
29
+61%
|
42
+42%
|
47
+13%
|
59
+24%
|
73
+24%
|
88
+21%
|
99
+13%
|
108
+9%
|
116
+7%
|
121
+4%
|
122
+1%
|
122
0%
|
117
-4%
|
113
-4%
|
|
Operating Income | ||||||||||||||||||||
Operating Expenses |
(26)
|
(27)
|
(7)
|
(24)
|
(35)
|
(47)
|
(57)
|
(57)
|
(64)
|
(75)
|
(88)
|
(97)
|
(118)
|
(133)
|
(142)
|
(150)
|
(137)
|
(127)
|
(119)
|
|
Selling, General & Administrative |
(8)
|
(9)
|
(7)
|
(21)
|
(30)
|
(40)
|
(48)
|
(49)
|
(56)
|
(67)
|
(79)
|
(87)
|
(107)
|
(119)
|
(126)
|
(133)
|
(121)
|
(112)
|
(104)
|
|
Research & Development |
0
|
0
|
0
|
(3)
|
(5)
|
(7)
|
(9)
|
(9)
|
(8)
|
(8)
|
(9)
|
(10)
|
(12)
|
(14)
|
(16)
|
(17)
|
(16)
|
(16)
|
(15)
|
|
Other Operating Expenses |
(17)
|
(17)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Operating Income |
0
N/A
|
(0)
N/A
|
(7)
-2 858%
|
(14)
-95%
|
(17)
-21%
|
(18)
-6%
|
(15)
+13%
|
(10)
+34%
|
(6)
+45%
|
(2)
+65%
|
0
N/A
|
2
+1 920%
|
(10)
N/A
|
(17)
-66%
|
(21)
-24%
|
(27)
-30%
|
(15)
+45%
|
(10)
+33%
|
(6)
+45%
|
|
Pre-Tax Income | ||||||||||||||||||||
Interest Income Expense |
2
|
4
|
5
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
0
|
0
|
0
|
3
|
2
|
0
|
0
|
(1)
|
(1)
|
(1)
|
(3)
|
(2)
|
(3)
|
(1)
|
1
|
3
|
7
|
8
|
10
|
|
Pre-Tax Income |
3
N/A
|
3
+15%
|
(3)
N/A
|
(11)
-330%
|
(15)
-37%
|
(16)
-11%
|
(15)
+7%
|
(11)
+29%
|
(6)
+40%
|
(3)
+51%
|
(3)
+21%
|
(0)
+95%
|
(13)
-10 658%
|
(18)
-42%
|
(21)
-12%
|
(24)
-18%
|
(8)
+65%
|
(2)
+78%
|
5
N/A
|
|
Net Income | ||||||||||||||||||||
Tax Provision |
(1)
|
(1)
|
(1)
|
2
|
3
|
3
|
3
|
1
|
(3)
|
(6)
|
(5)
|
(8)
|
(7)
|
(8)
|
(9)
|
(10)
|
(10)
|
(10)
|
(7)
|
|
Income from Continuing Operations |
2
|
2
|
(3)
|
(9)
|
(12)
|
(13)
|
(13)
|
(10)
|
(9)
|
(9)
|
(8)
|
(8)
|
(20)
|
(26)
|
(29)
|
(35)
|
(19)
|
(11)
|
(2)
|
|
Net Income (Common) |
2
N/A
|
2
+13%
|
(3)
N/A
|
(9)
-162%
|
(12)
-34%
|
(13)
-12%
|
(13)
+3%
|
(10)
+20%
|
(9)
+7%
|
(9)
+6%
|
(8)
+13%
|
(8)
-8%
|
(20)
-141%
|
(26)
-31%
|
(29)
-12%
|
(35)
-18%
|
(19)
+46%
|
(11)
+39%
|
(2)
+84%
|