GDYN Q3 2024 Earnings — Grid Dynamics Holdings, Inc. Revenue & Financial Results | Market Cap Arena

GDYNGrid Dynamics Holdings, Inc.

$523M

Q3 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$87M+12.9% YoY

Gross Profit

$33M37.4% margin

Operating Income

$2M2.4% margin

Net Income

$4M4.9% margin

EPS (Diluted)

$0.05

QoQ Revenue Growth

+5.3%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$6M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$477M

Total Liabilities

$77M

Stockholders' Equity

$400M

Cash & Equivalents

$231M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$87M	$77M	+12.9%
Gross Profit	$33M	$28M	+16.3%
Operating Income	$2M	$143,000	+1393.7%
Net Income	$4M	$676,000	+533.4%

Revenue Segments

Retail

$30M34%

Technology, Media, And Telecom

$24M28%

Financial Service

$14M16%

Manufactured Product, Other

$10M11%

Product and Service, Other

$7M8%

Health Care

$3M3%

Geographic Segments

UNITED STATES

$73M87%

Other Countries Not Separately Disclosed

$8M10%

NETHERLANDS

$2M3%