Quick Answer
GRID DYNAMICS HOLDINGS, INC. reported R&D Expense of $23.66 million for fiscal year 2025.
GRID DYNAMICS HOLDINGS, INC. R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $23.66M | +29.0% |
| 2024 | $18.35M | +24.5% |
| 2023 | $14.74M | -6.5% |
| 2022 | $15.77M | +86.5% |
| 2021 | $8.46M | -9.2% |
| 2020 | $9.31M | +114.2% |
| 2019 | $4.35M | +64.4% |
| 2018 | $2.64M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $5.76M | +29.5% | -14.6% |
| June 30, 2025 | $6.74M | +63.4% | +4.0% |
| March 31, 2025 | $6.49M | +48.4% | +45.9% |
| September 30, 2024 | $4.45M | +30.7% | +7.7% |
| June 30, 2024 | $4.13M | +26.1% | -5.6% |
| March 31, 2024 | $4.37M | +4.0% | +28.5% |
| September 30, 2023 | $3.40M | -17.8% | +3.9% |
| June 30, 2023 | $3.27M | -14.8% | -22.1% |
- GRID DYNAMICS HOLDINGS, INC. showed an increase of +29.0% in R&D Expense compared to the prior fiscal year.
- Over the 2018–2025 period, GRID DYNAMICS HOLDINGS, INC.’s r&d expense has grown by 795.4% (from $2.64 million to $23.66 million).
- The most recent figure is from GRID DYNAMICS HOLDINGS, INC.’s fiscal year 2025 report (Form 10-K), filed with the SEC on March 5, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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