GDYN Q2 2024 Earnings — Grid Dynamics Holdings, Inc. Revenue & Financial Results | Market Cap Arena

GDYNGrid Dynamics Holdings, Inc.

$523M

Q2 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$83M+7.4% YoY

Gross Profit

$30M35.6% margin

Operating Income

$40,0000.0% margin

Net Income

-$817,000-1.0% margin

EPS (Diluted)

$-0.01

QoQ Revenue Growth

+4.0%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$8M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$444M

Total Liabilities

$55M

Stockholders' Equity

$388M

Cash & Equivalents

$256M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$83M	$77M	+7.4%
Gross Profit	$30M	$28M	+4.4%
Operating Income	$40,000	$1M	-97.0%
Net Income	-$817,000	$3M	-131.1%

Revenue Segments

Retail

$27M32%

Technology, Media, And Telecom

$23M28%

Financial Service

$13M15%

Manufactured Product, Other

$10M12%

Product and Service, Other

$7M9%

Health Care

$3M4%

Geographic Segments

UNITED STATES

$69M87%

Other Countries Not Separately Disclosed

$7M9%

NETHERLANDS

$2M3%