Grid Dynamics Holdings, Inc. (GDYN) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 432.24M | 439.53M | 440.67M | 433.02M | 421.68M | 423.3M | 323M | 330.41M | 322.5M | 323.98M | 326.05M | 321.47M | 330.08M | 323.13M | 319.36M | 207.75M | 206.57M | 192.76M | 240.95M | 107.47M |
| Cash & Short-Term Investments | 327.47M | 342.06M | 338.55M | 336.88M | 325.55M | 334.65M | 231.26M | 256.04M | 249.44M | 257.23M | 253.71M | 246.18M | 258.37M | 256.73M | 255.19M | 150.02M | 153.31M | 144.36M | 199.3M | 67.97M |
| Cash Only | 327.47M | 342.06M | 338.55M | 336.88M | 325.55M | 334.65M | 231.26M | 256.04M | 249.44M | 257.23M | 253.71M | 246.18M | 258.37M | 256.73M | 255.19M | 150.02M | 153.31M | 144.36M | 199.3M | 67.97M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 87.42M | 79.48M | 82.9M | 77.73M | 81.68M | 69.37M | 70.06M | 55.74M | 58.69M | 53.56M | 56.1M | 58.9M | 59.14M | 53.95M | 54.47M | 48.76M | 46.71M | 43.31M | 35.66M | 33.05M |
| Days Sales Outstanding | 72.15 | 70.37 | 70.94 | 71.75 | 67.69 | 63.96 | 66.18 | 62.7 | 63.99 | 64.61 | 68.33 | 69.44 | 63.55 | 61.89 | 58.51 | 56.17 | 56.73 | 54.59 | 54.55 | 52.7 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8.61M | 0 | 4.58M | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 16.33 | - | 9.25 | - | - | - |
| Other Current Assets | 17.35M | 17.99M | 19.22M | 18.41M | 14.45M | 19.28M | 11.38M | 10.37M | 8.77M | 9.2M | 3.71M | 2.32M | 2.82M | 8.15M | 7.57M | 7.8M | 5.77M | 4.5M | 5.3M | 5.39M |
| Total Non-Current Assets | 172.78M | 173.36M | 172.5M | 175.89M | 169.22M | 168.89M | 154.26M | 113.21M | 112.76M | 111.19M | 109.7M | 109.77M | 89.51M | 88.02M | 70.78M | 70.42M | 69.23M | 63.95M | 63.74M | 65.67M |
| Property, Plant & Equipment | 34.5M | 34.05M | 30.26M | 31M | 25.91M | 26.13M | 26.29M | 23.71M | 22.77M | 21.8M | 20.91M | 21.23M | 17.07M | 15.91M | 13.09M | 12.27M | 12.13M | 6.17M | 5.39M | 5.16M |
| Fixed Asset Turnover | 3.04x | 3.30x | 3.40x | 3.55x | 3.86x | 3.83x | 3.50x | 3.57x | 3.58x | 3.66x | 3.67x | 4.04x | 4.86x | 5.56x | 6.40x | 6.34x | 7.80x | 11.51x | 10.98x | 9.99x |
| Goodwill | 83.97M | 84.36M | 84.68M | 85.19M | 84.05M | 83.41M | 73.88M | 53.87M | 53.87M | 53.87M | 54.63M | 54.63M | 45.51M | 45.51M | 35.96M | 35.96M | 35.96M | 0 | 35.36M | 35.3M |
| Intangible Assets | 39.58M | 41.61M | 43.4M | 45.6M | 46.54M | 47.92M | 42.45M | 24.52M | 25.53M | 26.55M | 27.59M | 28.64M | 19.69M | 20.38M | 17.24M | 17.86M | 18.48M | 55.05M | 19.73M | 20.34M |
| Long-Term Investments | 0 | 1.25M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.3M | 1M | 1M | 1M | 1M | 1M | 1M | -2.67M | 0 | 0 | 0 |
| Other Non-Current Assets | 5.32M | 3.22M | 5.03M | 4.69M | 3.63M | 2.66M | 4.12M | 3.63M | 3.37M | 1.25M | 684K | 531K | 408K | 224K | 165K | 181K | 2.67M | 0 | 0 | 0 |
| Total Assets | 605.02M | 612.89M | 613.17M | 608.91M | 590.9M | 592.19M | 477.25M | 443.62M | 435.26M | 435.17M | 435.75M | 431.24M | 419.59M | 411.15M | 390.14M | 278.17M | 275.8M | 256.72M | 304.69M | 173.13M |
| Asset Turnover | 0.17x | 0.17x | 0.17x | 0.17x | 0.17x | 0.19x | 0.19x | 0.19x | 0.18x | 0.18x | 0.18x | 0.18x | 0.19x | 0.20x | 0.24x | 0.28x | 0.27x | 0.24x | 0.24x | 0.29x |
| Asset Growth % | 2.39% | 3.5% | 28.48% | 37.26% | 35.76% | 36.08% | 9.52% | 2.87% | 3.74% | 5.84% | 11.69% | 55.03% | 52.13% | 60.15% | 28.05% | 60.67% | 72.06% | 53.6% | 93.08% | 12.76% |
| Total Current Liabilities | 54.87M | 52.11M | 57.78M | 58.72M | 58.2M | 55.54M | 54.23M | 46.27M | 43.12M | 42.22M | 52.47M | 53.47M | 50.36M | 38.71M | 31.64M | 38.57M | 32.69M | 25.34M | 24.22M | 25.16M |
| Accounts Payable | 4.33M | 3.7M | 5.57M | 6.3M | 4.67M | 4.07M | 3.72M | 2.79M | 2.94M | 3.62M | 3.72M | 5.3M | 3.21M | 3.9M | 4.48M | 3.39M | 2.21M | 2.05M | 1.77M | 2.49M |
| Days Payables Outstanding | 5.32 | 6.09 | 7.86 | 7.49 | 6.2 | 5.66 | 5.47 | 4.87 | 5.72 | 6.76 | 8.42 | 7.89 | 6.21 | 7.98 | 7.47 | 5.26 | 4.3 | 4.49 | 6 | 7.87 |
| Short-Term Debt | 5.37M | 6.25M | 5.29M | 0 | 0 | 0 | 0 | 0 | 0 | 4.24M | 4.21M | 4.15M | 3.18M | 2.5M | 1.76M | 2.05M | 2.05M | 0 | 0 | 0 |
| Deferred Revenue (Current) | 0 | 0 | 0 | 753K | 1.33M | 0 | 1.13M | 1.34M | 1.33M | 577K | 0 | 0 | 726K | 1.12M | 712K | 752K | 783K | 0 | 781K | 767K |
| Other Current Liabilities | 45.16M | 40M | 46.93M | 13.9M | 9.67M | 39.23M | 23.42M | 21.66M | 20.46M | 5.7M | 7.25M | 8.97M | 10.11M | 7.4M | 14.06M | 24.08M | 21.49M | 10.75M | 13.29M | 13.24M |
| Current Ratio | 7.88x | 8.43x | 7.63x | 7.37x | 7.25x | 7.62x | 5.96x | 7.14x | 7.48x | 7.67x | 6.21x | 6.01x | 6.55x | 8.35x | 10.09x | 5.39x | 6.32x | 7.61x | 9.95x | 4.27x |
| Quick Ratio | 7.88x | 8.43x | 7.63x | 7.37x | 7.25x | 7.62x | 5.96x | 7.14x | 7.48x | 7.67x | 6.21x | 6.01x | 6.55x | 8.35x | 9.82x | 5.39x | 6.18x | 7.61x | 9.95x | 4.27x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 67.37 | - | 61.67 | - | - | - |
| Total Non-Current Liabilities | 20.03M | 18.7M | 17.66M | 17.97M | 15.34M | 18.82M | 22.77M | 8.91M | 9.33M | 10.04M | 10.36M | 11.21M | 9.34M | 9.39M | 7.67M | 6.68M | 11.86M | 4.32M | 4.9M | 4.96M |
| Long-Term Debt | 12.04M | 10.78M | 8.36M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 3.77M | 2.67M | 7.69M | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 9.48M | 6.27M | 7.21M | 7.65M | 5.74M | 6.17M | 6.76M | 6.93M | 7.68M | 5.69M | 5.64M | 3.77M | 2.67M | 2.88M | 0 | 0 | 0 |
| Deferred Tax Liabilities | 7.69M | 7.92M | 9.3M | 8.49M | 9.06M | 8.91M | 7.62M | 3.17M | 3.16M | 3.27M | 3.42M | 3.52M | 3.65M | 3.76M | 3.9M | 4.01M | 4.17M | 4.32M | 4.9M | 4.96M |
| Other Non-Current Liabilities | 301K | 0 | 0 | 0 | 0 | 2.7M | 7.5M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -3.77M | -2.67M | -2.88M | 0 | 0 | 0 |
| Total Liabilities | 74.9M | 70.82M | 75.45M | 76.69M | 73.54M | 74.36M | 77M | 55.17M | 52.45M | 52.26M | 62.83M | 64.68M | 59.7M | 48.1M | 39.31M | 45.25M | 44.55M | 29.67M | 29.12M | 30.12M |
| Total Debt | 17.42M | 17.04M | 13.65M | 15.28M | 11.58M | 12.63M | 12.83M | 10.18M | 10.66M | 11M | 11.14M | 11.84M | 8.87M | 8.14M | 5.54M | 4.72M | 9.73M | 0 | 0 | 0 |
| Net Debt | -310.05M | -325.02M | -324.9M | -321.6M | -313.97M | -322.03M | -218.43M | -245.86M | -238.78M | -246.23M | -242.57M | -234.34M | -249.5M | -248.59M | -249.65M | -145.3M | -143.57M | -144.36M | -199.3M | -67.97M |
| Debt / Equity | 0.03x | 0.03x | 0.03x | 0.03x | 0.02x | 0.02x | 0.03x | 0.03x | 0.03x | 0.03x | 0.03x | 0.03x | 0.02x | 0.02x | 0.02x | 0.02x | 0.04x | - | - | - |
| Debt / EBITDA | - | 2.08x | 105.80x | 2.54x | 2.96x | 1.11x | 1.90x | 3.10x | - | 6.85x | 3.19x | 2.79x | - | - | - | - | 5.43x | - | - | - |
| Net Debt / EBITDA | - | -39.62x | -2518.64x | -53.48x | -80.13x | -28.43x | -32.37x | -74.93x | - | -153.32x | -69.37x | -55.33x | - | - | - | - | -80.12x | -48121.33x | -58.79x | -26.78x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | -0.63x | - | - | - | - | - | - | 0.29x | - | - | - |
| Total Equity | 530.12M | 542.07M | 537.72M | 532.21M | 517.36M | 517.83M | 400.25M | 388.45M | 382.81M | 382.91M | 372.92M | 366.56M | 359.88M | 363.04M | 350.84M | 232.93M | 231.25M | 227.05M | 275.57M | 143.01M |
| Equity Growth % | 2.47% | 4.68% | 34.35% | 37.01% | 35.15% | 35.24% | 7.33% | 5.97% | 6.37% | 5.47% | 6.3% | 57.37% | 55.62% | 59.9% | 27.32% | 62.87% | 64.89% | 49.65% | 83.7% | -2.03% |
| Book Value per Share | 6.26 | 6.27 | 6.26 | 6.16 | 5.89 | 6.18 | 5.08 | 5.07 | 5.03 | 4.91 | 4.82 | 4.77 | 4.83 | 4.90 | 5.11 | 3.47 | 3.46 | 3.46 | 4.40 | 2.63 |
| Total Shareholders' Equity | 530.12M | 542.07M | 537.72M | 532.21M | 517.36M | 517.83M | 400.25M | 388.45M | 382.81M | 382.91M | 372.92M | 366.56M | 359.88M | 363.04M | 350.84M | 232.93M | 231.25M | 227.05M | 275.57M | 143.01M |
| Common Stock | 9K | 8K | 8K | 8K | 8K | 8K | 8K | 8K | 8K | 8K | 7K | 7K | 7K | 7K | 7K | 7K | 7K | 7K | 7K | 5K |
| Retained Earnings | -3.65M | -2.18M | -2.48M | -3.66M | -8.93M | -11.85M | -16.37M | -20.65M | -19.83M | -15.89M | -18.79M | -19.46M | -22.09M | -14.12M | -7.42M | -760K | 12.43M | 15.09M | 18.7M | 19.25M |
| Treasury Stock | 0 | -2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -2.43M | 1.05M | 1.08M | 2.48M | -1.16M | -2.91M | 1.18M | 969K | 1.1M | 1.27M | 489K | 1.05M | -353K | -848K | -2.06M | -1.19M | -409K | -126K | -76K | 10K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |