---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-012631"
form_type: "8-K"
ticker: "GDYN"
cik: "0001743725"
company_name: "GRID DYNAMICS HOLDINGS, INC."
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-25T23:52:32.292763+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "medium"
source: SEC EDGAR
---

# Grid Dynamics Q1 revenue record $71.4M, up 82.5% YoY; non-GAAP EPS $0.10

## Summary
- Revenue $71.4M, record, up 7.3% seq and 82.5% YoY.
- GAAP net loss $2.7M ($0.04 loss/share); Non-GAAP net income $6.9M ($0.10 diluted EPS).
- TMT vertical 30% of rev, grew 48.8% YoY; Retail vertical 32.6%, grew 163.4% YoY.
- Total customers 213, up from 184 a year ago; added 6 new enterprise customers.
- CEO notes confidence in Q2 based on demand trends; guidance implies continued growth.

## SEC filing metadata
- accession: 0001628280-22-012631
- form_type: 8-K
- ticker: GDYN
- cik: 0001743725
- company_name: GRID DYNAMICS HOLDINGS, INC.
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: medium
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743725/000162828022012631/0001628280-22-012631-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743725/000162828022012631/gdyn-20220505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-012631
- JSON: https://secwatch.observer/filing/0001628280-22-012631.json
- Plain text: https://secwatch.observer/filing/0001628280-22-012631.txt

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