Grid Dynamics Holdings, Inc.

GDYN Technology Information Technology Services

Grid Dynamics Holdings, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $411.8 million, up 17.5% from fiscal 2024. In the quarter to June 2026, revenue grew 6.99%, EPS fell 50.0% and free cash flow fell 75.3%, each against the same quarter a year earlier. Revenue growth for five consecutive years.

7.78 0.23 −2.87%
Market cap
$649.8M
P/E
284×
Fwd P/E
62.4×
Dividend yield
—
F-score
7/9
Altman Z
7.88
Beneish M
−2.53
Dividend safety
n/a

Grid Dynamics Holdings, Inc. (GDYN) EV/Sales

Alert me on EV/Sales

As of 16 October 2026, Grid Dynamics Holdings, Inc. (GDYN) trades at a EV/Sales of 0.8×. Over the past ten years it has ranged from 0.0× (December 2019) to 13.9× (December 2021); the current reading is higher than 23% of that period. That is below the Information Technology Services industry median of 1.2× and below the Technology sector median of 2.7×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 1.0× (73.96%)
FY2024 4.0× 69.54%
FY2023 2.3× 38.57%
FY2022 1.7× (83.51%)
FY2022 10.3× 4.06%
FY2021 9.9× 150.00%
FY2021 3.9× (2.68%)
FY2020 4.1× 156.78%
FY2020 1.6× (0.11%)
FY2019 1.6× —

Quarterly newest first

Period EV/Sales Change
Jun 2026 0.4× 6.78%
Mar 2026 0.4× (62.78%)
Dec 2025 1.0× 31.57%
Sep 2025 0.8× (52.54%)
26 more quarters

Against its own ten years

Low 0.0× High 13.9×
Ten-year median 1.9×
Current reading's percentile 10

EV/Sales against peers

Company EV/Sales
TDTH Trident Digital Tech Holdings Ltd compare n/m
VYX NCR Voyix Corporation compare 0.7×
GDYN Grid Dynamics Holdings, Inc. 0.8×
TASK TaskUs, Inc. compare 0.9×
IBEX IBEX Limited compare 0.9×
VRRM VERRA MOBILITY CORP compare 1.4×
NABL N-able, Inc. compare 2.1×
CLVT Clarivate PLC compare 2.1×
WYFI WhiteFiber, Inc. compare 7.4×
Information Technology Services industry median 1.2×
Technology sector median 2.7×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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