---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-028178"
form_type: "8-K"
ticker: "GDYN"
cik: "0001743725"
company_name: "GRID DYNAMICS HOLDINGS, INC."
filed_at: "2022-11-03T23:59:59+00:00"
generated_at: "2026-06-22T09:33:24.158241+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Grid Dynamics Q3 revenue $81.2M (+40% YoY); Non-GAAP EPS $0.15, EBITDA $17.1M

## Summary
- Revenue $81.2M, record 9th consecutive quarter; up 4.9% seq and 40.1% YoY.
- GAAP net loss $(6.7)M ($(0.10)/share); Non-GAAP net income $11.0M ($0.15/diluted share).
- Non-GAAP EBITDA $17.1M vs $12.5M in Q3 2021; gross margin 40.3% GAAP, 40.7% non-GAAP.
- TMT vertical grew 49.7% YoY to 32.4% of revenue; Retail up 38.3% YoY; Finance +16.3%.
- CEO cites new Fortune 30 clients, strengthened cloud partnerships, robust 2023 pipeline.

## SEC filing metadata
- accession: 0001628280-22-028178
- form_type: 8-K
- ticker: GDYN
- cik: 0001743725
- company_name: GRID DYNAMICS HOLDINGS, INC.
- filed_at: 2022-11-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1743725/000162828022028178/0001628280-22-028178-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743725/000162828022028178/gdyn-20221103.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-028178
- JSON: https://secwatch.observer/filing/0001628280-22-028178.json
- Plain text: https://secwatch.observer/filing/0001628280-22-028178.txt

## Key facts
- Earnings Releases
  GRID DYNAMICS HOLDINGS, INC. reported quarter ended September 30, 2022 results: revenue $81.2 million, net income $(6.7) million, EPS $(0.10) per share.
  - Period: quarter ended September 30, 2022
  - Revenue: $81.2 million
  - Net income: $(6.7) million
  - EPS: $(0.10) per share
  - Result: reported results
  source text: Grid Dynamics Reports Third Quarter 2022 Financial Results Record Revenue of $81.2 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1743725/000162828022028178/0001628280-22-028178-index.htm

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