Grid Dynamics
GDYN
#4954
Rank
HK$10.74 B
Marketcap
HK$139.94
Share price
1.87%
Change (1 day)
62.18%
Change (1 year)

Operating Margin for Grid Dynamics (GDYN)

Operating Margin as of November 2024 (TTM): -1.34%

According to Grid Dynamics's latest financial reports and stock price the company's current Operating Margin is -1.34%. At the end of 2023 the company had an Operating Margin of 1.55%.

Operating Margin history for Grid Dynamics from 2019 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20231.55%-123.47%
2022-6.59%467.62%
2021-1.16%-91.51%
2020-13.67%-204.7%
201913.06%-8.32%
201814.24%-23.2%
201718.54%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-11.98% 793.89%๐Ÿ‡บ๐Ÿ‡ธ USA
0.00%N/A๐Ÿ‡บ๐Ÿ‡ธ 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.