Grid Dynamics
GDYN
$10.36
Share price
1.27%
Change (1 day)
-12.65%
Change (1 year)
Operating Margin for Grid Dynamics (GDYN)
Operating Margin as of April 2024 (TTM): -8.52%
According to Grid Dynamics's latest financial reports and stock price the company's current Operating Margin is -8.52%. At the end of 2021 the company had an Operating Margin of -1.16%.
Operating Margin history for Grid Dynamics from 2019 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -1.16% | -91.51% |
| 2020 | -13.67% | -204.7% |
| 2019 | 13.06% | -8.32% |
| 2018 | 14.24% | -23.2% |
| 2017 | 18.54% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Proofpoint PFPT | -11.98% | 40.59% | 🇺🇸 USA |
 PFSweb PFSW | 0.00% | N/A | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.