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Grid Dynamics Holdings (GDYN) gross margin by quarter

Grid Dynamics Holdings' gross margin was 40.3% in Q3 2026 (third quarter 2026), +3.7 pts from Q2 2026. Over the last 3 quarters it ranged from 34.0% (Q4 2025) to 40.3% (Q3 2026).

Grid Dynamics Holdings gross margin by quarterGrid Dynamics Holdings gross margin by quarter34.0%Q4 202536.6%Q2 202640.3%Q3 2026
QuarterGross marginQ/QY/Y
Q3 202640.3%+3.7 pts—
Q2 202636.6%+2.6 pts—
Q4 202534.0%——

Q3 2026 at a glance

Grid Dynamics Holdings, Q3 2026: revenue $114M (+10% year over year), operating margin 8.0%, net earnings $6.2M, operating cash flow $16.0M. The chart follows the revenue to costs, profit and cash.

Questions

What is Grid Dynamics Holdings' gross margin?

Grid Dynamics Holdings' gross margin was 40.3% in Q3 2026 (third quarter 2026), +3.7 pts from Q2 2026.

How has Grid Dynamics Holdings' gross margin changed?

Over the last 3 quarters it ranged from 34.0% (Q4 2025) to 40.3% (Q3 2026).

Q3 2026 results → · How Grid Dynamics Holdings makes money →