GDYN Q2 2023 Earnings — Grid Dynamics Holdings, Inc. Revenue & Financial Results | Market Cap Arena

GDYNGrid Dynamics Holdings, Inc.

$523M

Q2 2023 Earnings

Technology Information Technology Services

Income Statement

Revenue

$77M+0.0% YoY

Gross Profit

$28M36.6% margin

Operating Income

$1M1.7% margin

Net Income

$3M3.4% margin

EPS (Diluted)

$0.03

QoQ Revenue Growth

-3.4%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$9M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$431M

Total Liabilities

$65M

Stockholders' Equity

$367M

Cash & Equivalents

$246M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$77M	$77M	+0.0%
Gross Profit	$28M	$29M	-1.9%
Operating Income	$1M	-$11M	+112.3%
Net Income	$3M	-$13M	+119.9%

Revenue Segments

Retail

$26M34%

Technology, Media, And Telecom

$24M31%

Manufactured Product, Other

$11M14%

Product and Service, Other

$10M12%

Financial Service

$7M9%

Geographic Segments

North America

$62M80%

Europe

$15M20%