Grid Dynamics Holdings Cost of Revenue 2011-2026 | GDYN

Cost of Revenue is a financial metric that reflects all direct costs associated with the production of goods or the provision of services that directly led to revenue during the reporting period. It is the total amount of expenses incurred by the company to deliver its products or services, including both production costs and related expenses necessary for delivery or customer support.

What is included in the cost of revenue

Cost Category	Examples
Production Costs	Materials, wages of production staff, depreciation of equipment
Service and Support	Customer service, user support, technical assistance
Delivery and Logistics	Packaging, delivery of goods to customers
Hosting and Infrastructure	Servers, cloud platforms (especially for IT and SaaS companies)
Content and Licenses	License purchases, production royalties (e.g., in streaming services)

Importance of the Metric

Helps to understand how costly the revenue-generating process is.
A high cost of revenue may indicate:
Poor cost control
Low operational efficiency
A low cost of revenue combined with high revenue indicates high profitability and business competitiveness.

Annual Cost of Revenue Grid Dynamics Holdings

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
269 M	224 M	200 M	190 M	124 M	69.7 M	70.1 M	52.6 M	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
269 M	52.6 M	150 M

Quarterly Cost of Revenue Grid Dynamics Holdings

2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
66.6 M	63.4 M	-	54.7 M	53.5 M	52.2 M	-	49.3 M	49 M	51.5 M	-	48.5 M	48.5 M	44.6 M	-	32.7 M	27.9 M	23.8 M	-	15.2 M	14 M	22.6 M	-	17.6 M	17.2 M	15.9 M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
66.6 M	14 M	38.4 M

Cost of Revenue of other stocks in the Software industry

Issuer	Cost of Revenue	Price	% 24h	Market Cap	Country
Powerbridge Technologies Co., Ltd. PBTS	6.99 M	-	2.4 %	$ 115 M	China
ANSYS ANSS	280 M	-	-	$ 32.7 B	USA
Digital Turbine APPS	235 M	$ 3.86	-3.26 %	$ 400 M	USA
Sapiens International Corporation N.V. SPNS	304 M	-	-	$ 2.43 B	Curacao
Avaya Holdings Corp. AVYA	1.32 B	-	-	$ 3.47 M	USA
Aware AWRE	1.32 M	$ 1.51	-0.66 %	$ 32 M	USA
Aspen Technology AZPN	383 M	-	-	$ 16.8 B	USA
Altair Engineering ALTR	125 M	-	-	$ 9.4 B	USA
9F JFU	59.1 M	$ 4.8	-	$ 1.13 B	China
Aurora Mobile Limited JG	92.4 M	$ 7.26	-0.43 %	$ 44.1 M	China
Bill.com Holdings BILL	272 M	$ 42.27	-4.95 %	$ 4.38 B	USA
Bumble BMBL	2.5 M	$ 2.81	-5.07 %	$ 340 M	USA
Benefitfocus BNFT	123 M	-	-	$ 362 M	USA
Appian Corporation APPN	200 M	$ 25.74	-3.12 %	$ 1.91 B	USA
Borqs Technologies BRQS	21.9 M	-	-23.51 %	$ 9.87 M	China
Cheetah Mobile CMCM	258 M	$ 7.5	-1.96 %	$ 10.7 B	-
American Software AMSWA	36.1 M	-	-2.14 %	$ 369 M	USA
CyberArk Software Ltd. CYBR	208 M	-	-	$ 18.1 B	Israel
MIND C.T.I. Ltd MNDO	10.7 M	$ 1.2	-3.23 %	$ 24.4 M	Israel
Asure Software ASUR	37.7 M	$ 9.35	0.11 %	$ 244 M	USA
CleanSpark CLSK	343 M	$ 9.63	0.21 %	$ 2.72 B	USA
Avalara AVLR	206 M	-	-	$ 8.28 B	USA
NICE Ltd. NICE	989 M	$ 122.59	-2.42 %	$ 7.64 B	Israel
A10 Networks ATEN	60 M	$ 20.61	0.78 %	$ 1.49 B	USA
Absolute Software Corporation ABST	36.8 M	-	-	$ 811 M	Canada
China Index Holdings Limited CIH	110 M	-	-	$ 85.7 M	China
Creative Realities CREX	23 M	$ 3.6	1.69 %	$ 30.5 M	USA
Alteryx AYX	131 M	-	-	$ 3.42 B	USA
Micro Focus International plc MFGP	776 M	-	-	$ 1.81 B	Britain