---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-22-018421"
form_type: "8-K"
ticker: "GDYN"
cik: "0001743725"
company_name: "GRID DYNAMICS HOLDINGS, INC."
filed_at: "2022-04-06T23:59:59+00:00"
generated_at: "2026-06-26T09:09:10.617122+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Grid Dynamics raises Q1 revenue guidance to at least $65M; shifts headcount away from Eastern Europe

## Summary
- Q1 2022 revenue now expected no less than $65M, up from prior $55-60M range.
- Eastern Europe now ~50% of total headcount, down from >66% on Feb 24, 2022.
- Outside western Ukraine, Eastern Europe engineering workforce <20% of total, down from 33% five weeks ago.
- Accelerating workforce expansion in Central Europe, US, Mexico, and India.

## SEC filing metadata
- accession: 0001213900-22-018421
- form_type: 8-K
- ticker: GDYN
- cik: 0001743725
- company_name: GRID DYNAMICS HOLDINGS, INC.
- filed_at: 2022-04-06T23:59:59+00:00
- event_type: other_material
- 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/1743725/000121390022018421/0001213900-22-018421-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743725/000121390022018421/ea158120-8k_griddynamics.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-22-018421
- JSON: https://secwatch.observer/filing/0001213900-22-018421.json
- Plain text: https://secwatch.observer/filing/0001213900-22-018421.txt

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