---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-004898"
form_type: "8-K"
ticker: "GDYN"
cik: "0001743725"
company_name: "GRID DYNAMICS HOLDINGS, INC."
filed_at: "2022-03-03T23:59:59+00:00"
generated_at: "2026-06-27T02:04:31.516589+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Grid Dynamics Q4 revenue $66.5M (+120.9% YoY); FY revenue $211.3M; Ukraine war cited as risk

## Summary
- Q4 revenue $66.5M (+120.9% YoY); GAAP net loss $3.6M (-$0.05/sh); non-GAAP net income $7.1M ($0.10 diluted).
- FY2021 revenue $211.3M (+89.9% YoY); GAAP net loss $7.7M (-$0.13/sh); non-GAAP net income $24.2M ($0.36 diluted).
- Organic Q4 revenue $51.3M (+76% YoY) excluding $15.2M from Daxx/Tacit acquisitions.
- CEO notes Russia-Ukraine war; business continuity activated, expedited hiring in Europe/LatAm, formed Grid Dynamics India.
- Added 23 new customers in 2021 (vs 16 in 2020); total 221 customers at Q4 end.

## SEC filing metadata
- accession: 0001628280-22-004898
- form_type: 8-K
- ticker: GDYN
- cik: 0001743725
- company_name: GRID DYNAMICS HOLDINGS, INC.
- filed_at: 2022-03-03T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743725/000162828022004898/0001628280-22-004898-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743725/000162828022004898/gdyn-20220303.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-004898
- JSON: https://secwatch.observer/filing/0001628280-22-004898.json
- Plain text: https://secwatch.observer/filing/0001628280-22-004898.txt

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