Dynamic mode decomposition (DMD) is a post-processing approach to decompose a complex time series into a set of modes via spectral analysis. DMD provides a new and powerful method to recover gyrokinetic drift-wave eigenfrequencies and eigenfunctions based only on the solution of the gyrokinetic-Maxwell initial value problem with almost no added cost to the initial value solver. In the present paper, DMD is applied to the CGYRO gyrokinetic code using a newly-developed CGYRO-DMD post-processor. CGYRO-DMD is numerically efficient, even on a single CPU. It does not set any restrictions on the plasma shape, beta (ratio of the plasma pressure to the magnetic field pressure), collisionality or number of species, and allows one to resolve numerous eigenmodes, even of comparable growth rates. In addition, DMD is not limited to unstable modes, but rather can capture stable and unstable branches simultaneously. In this work, we illustrate the accuracy of DMD through gyrokinetic analysis of mode transition for electromagnetic drift wave instabilities.