---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-021077"
form_type: "8-K"
ticker: "GDYN"
cik: "0001743725"
company_name: "GRID DYNAMICS HOLDINGS, INC."
filed_at: "2022-08-04T23:59:59+00:00"
generated_at: "2026-06-24T04:19:50.776597+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Grid Dynamics Q2 revenue $77.3M record, up 62.2% YoY; GAAP net loss widens to $(13.2)M

## Summary
- Revenue of $77.3M, up 62.2% YoY and 8.3% sequentially; eighth consecutive record quarter.
- GAAP net loss $(13.2)M ($0.20 loss per share) vs $(1.5)M loss in Q2 2021.
- Non-GAAP net income $8.2M ($0.12 diluted EPS) vs $6.1M ($0.10) in prior year.
- GAAP gross margin 37.3% vs 41.5% YoY; non-GAAP gross margin 37.7% vs 41.8%.
- Non-GAAP EBITDA $13.3M vs $9.7M in Q2 2021.

## SEC filing metadata
- accession: 0001628280-22-021077
- form_type: 8-K
- ticker: GDYN
- cik: 0001743725
- company_name: GRID DYNAMICS HOLDINGS, INC.
- filed_at: 2022-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743725/000162828022021077/0001628280-22-021077-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743725/000162828022021077/gdyn-20220804.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-021077
- JSON: https://secwatch.observer/filing/0001628280-22-021077.json
- Plain text: https://secwatch.observer/filing/0001628280-22-021077.txt

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