Grid Dynamics (GDYN) revenue breakdown

· Market cap $665M

By product, Retail is the largest at 29% of fiscal 2025 revenue; Other grew fastest, 69% a year over 6 years.

By region, United States is the largest at 70% of fiscal 2025 revenue; United Kingdom grew fastest, 44% a year over 4 years.

Revenue by product

Fiscal years, as Grid Dynamics reports them in its 10-K filings; fiscal 2025 total $412M.

Products2019202020212022202320242025Share
Retail$67M$34M$62M$100M$103M$114M$121M 29%
Technology, Media and Telecom$32M$45M$68M$98M$99M$95M$107M 26%
Finance$12M$14M$18M$22M$29M$60M$100M 24%
CPG/Manufacturing$5M$14M$43M$61M$43M$40M$43M 10%
Other$1M$4M$21M$22M$26M$30M$30M 7%
Healthcare and Pharma———$8M$14M$11M$10M 2%

Revenue by region

Fiscal years, as Grid Dynamics reports them in its 10-K filings; fiscal 2025 total $412M.

Regions202020212022202320242025Share
United States—$167M$243M$238M$278M$289M 70%
Other—$19M$30M$41M$42M$63M 15%
United Kingdom—$11M$22M$32M$25M$45M 11%
Poland———$2M$6M$14M 3%
North America$110M————— —
Netherlands—$15M$16M——— —
Europe$995,000————— —
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Questions

Where does Grid Dynamics make its money?

In fiscal 2025, by product: Retail $121M, Technology, Media and Telecom $107M, Finance $100M, CPG/Manufacturing $43M, Other $30M.

From Grid Dynamics's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.