Grid Dynamics Holdings, Inc. (GDYN)

Grid Dynamics Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	336.75	334.66	257.23	256.73	144.36	112.75
Cash & Short-Term Investments	336.75	334.66	257.23	256.73	144.36	112.75
Cash Growth	31.52%	30.10%	0.19%	77.83%	28.04%	167.24%
Accounts Receivable	77.73	69.37	53.56	53.95	43.31	18.69
Other Receivables	-	-	-	-	0.93	0.33
Receivables	77.73	69.37	53.56	53.95	44.24	19.01
Prepaid Expenses	18.41	18.78	13.19	8.15	3.45	1.65
Restricted Cash	0.13	0.5	-	-	-	-
Other Current Assets	-	-	-	4.29	0.7	1.21
Total Current Assets	433.02	423.3	323.98	323.13	192.76	134.62
Property, Plant & Equipment	21.16	18.23	16.72	14.42	4.96	2.81
Long-Term Investments	-	-	-	1	-	-
Goodwill	85.19	83.41	53.87	45.51	35.96	14.69
Other Intangible Assets	55.44	55.82	31.63	21.86	20.3	9.41
Long-Term Deferred Tax Assets	9.41	8.77	6.42	5	2.73	5.61
Other Long-Term Assets	4.69	2.66	2.55	0.22	-	-
Total Assets	608.91	592.19	435.17	411.15	256.72	167.14
Accounts Payable	6.3	4.07	3.62	3.9	2.05	0.76
Accrued Expenses	36.3	28.07	23.2	15.71	12.58	8.62
Current Portion of Leases	5.8	5.42	4.24	2.51	-	-
Current Income Taxes Payable	3.98	6.82	8.83	10.72	1.98	1.25
Current Unearned Revenue	0.75	2.69	0.58	1.12	0.41	-
Other Current Liabilities	5.59	8.48	1.76	4.75	8.33	2.69
Total Current Liabilities	58.72	55.54	42.22	38.71	25.34	13.32
Long-Term Leases	9.48	7.21	6.76	5.64	-	-
Long-Term Deferred Tax Liabilities	8.49	8.91	3.27	3.76	4.32	2.09
Other Long-Term Liabilities	-	2.7	-	-	-	-
Total Liabilities	76.69	74.36	52.26	48.1	29.67	15.41
Common Stock	0.01	0.01	0.01	0.01	0.01	0.01
Additional Paid-In Capital	533.39	532.58	397.51	378.01	212.08	128.93
Retained Earnings	-3.66	-11.85	-15.89	-14.12	15.09	22.79
Comprehensive Income & Other	2.48	-2.91	1.27	-0.85	-0.13	-0
Total Common Equity	532.21	517.83	382.91	363.04	227.05	151.72
Shareholders' Equity	532.21	517.83	382.91	363.04	227.05	151.72
Total Liabilities & Equity	608.91	592.19	435.17	411.15	256.72	167.14
Total Debt	15.28	12.63	11	8.14	-	-
Net Cash (Debt)	321.47	322.03	246.23	248.59	144.36	112.75
Net Cash Growth	30.29%	30.78%	-0.95%	72.19%	28.04%	167.24%
Net Cash Per Share	3.77	4.03	3.27	3.59	2.46	2.52
Filing Date Shares Outstanding	84.67	83.84	75.97	74.83	66.95	53.8
Total Common Shares Outstanding	83.61	83.61	75.89	74.16	66.85	50.88
Working Capital	374.3	367.76	281.76	284.42	167.42	121.3
Book Value Per Share	6.37	6.19	5.05	4.90	3.40	2.98
Tangible Book Value	391.59	378.6	297.41	295.67	170.79	127.62
Tangible Book Value Per Share	4.68	4.53	3.92	3.99	2.55	2.51
Machinery	21.52	19.01	16.14	13.64	12.2	7.64
Leasehold Improvements	1.51	1.33	1.34	0.65	0.49	0.24

Updated Jul 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q