---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-015551"
form_type: "8-K"
ticker: "GDYN"
cik: "0001743725"
company_name: "GRID DYNAMICS HOLDINGS, INC."
filed_at: "2022-03-28T23:59:59+00:00"
generated_at: "2026-06-26T16:17:16.437217+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Grid Dynamics nearly doubled annual revenue in 2021; reaffirms Q1 2022 outlook

## Summary
- Annual revenue nearly doubled in 2021; Q4 revenue three times prior-year quarter.
- North America accounted for >80% of 2021 revenue; no revenue from Eastern Europe/CIS.
- 75% of enterprise customers (80% of revenues) accelerated growth in March 2022.
- Headcount increased >10% globally since start of 2022; expanded in India and Mexico.
- Management reaffirms Q1 2022 outlook.

## SEC filing metadata
- accession: 0001213900-22-015551
- form_type: 8-K
- ticker: GDYN
- cik: 0001743725
- company_name: GRID DYNAMICS HOLDINGS, INC.
- filed_at: 2022-03-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743725/000121390022015551/0001213900-22-015551-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743725/000121390022015551/ea157503-8k_griddynamics.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-015551
- JSON: https://secwatch.observer/filing/0001213900-22-015551.json
- Plain text: https://secwatch.observer/filing/0001213900-22-015551.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.