<a href="https://laohu8.com/S/GDYN">Grid Dynamics</a> Reports Q3 Revenue of $104.2 Million
Grid Dynamics Holdings Inc. reported third quarter 2025 revenues of $104.2 million, reflecting a 3.0% sequential increase and a 19.1% year-over-year increase. For the fourth quarter of 2025, the company expects revenues between $105.0 million and $107.0 million. Full-year 2025 revenues are projected in the range of $410.7 million to $412.7 million, representing a year-over-year growth of 17.1% to 17.7%. Non-GAAP EBITDA for the fourth quarter of 2025 is expected to be between $13.0 million and $14.0 million. Cash provided by operating activities was $30.7 million for the nine months ended September 30, 2025, compared to $23.1 million for the same period in 2024. Cash and cash equivalents totaled $338.6 million as of September 30, 2025, up from $334.7 million at the end of 2024. Total headcount reached 4,971 as of September 30, 2025, compared to 4,298 a year earlier. The company's board authorized a $50.0 million share repurchase program.
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