{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-23-036387","form_type":"8-K","ticker":"GDYN","cik":"0001743725","company_name":"GRID DYNAMICS HOLDINGS, INC.","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:30.285966+00:00","generated_at":"2026-06-09T00:41:24.655907+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Grid Dynamics Q3 revenue flat at $77.4M; GAAP net income $0.7M, EPS $0.01","bullets":["Revenue $77.4M, flat YoY; GAAP net income $0.7M (EPS $0.01) vs loss of $6.7M in Q3 2022.","Non-GAAP net income $5.9M ($0.08 diluted EPS) vs $11.0M ($0.15) prior year; EBITDA $10.7M vs $17.1M.","Gross margin declined to 36.4% GAAP from 40.3% YoY; non-GAAP gross margin 37.0% vs 40.7%.","Finance vertical revenue grew 20.2% YoY to 9.4% of total; CPG & Manufacturing dropped 39.8% YoY.","Signed 10 new enterprise customers in Q3; total 28 YTD; CEO cites improving demand trends for Q4."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-23-036387","json":"https://secwatch.observer/filing/0001628280-23-036387.json","markdown":"https://secwatch.observer/filing/0001628280-23-036387.md","text":"https://secwatch.observer/filing/0001628280-23-036387.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1743725/000162828023036387/0001628280-23-036387-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1743725/000162828023036387/gdyn-20231102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-09T00:41:24.655907+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0e1c3ce9e303dfe018225f00b54e8659fce2758f","claim":"GRID DYNAMICS HOLDINGS, INC. reported the third quarter ended September 30, 2023 results: revenue $77.4 million, net income $0.7 million, EPS $0.01 per share.","evidence_excerpt":"Total revenue was $77.4 million, flat on a year-over-year basis. • GAAP gross profit was $28.2 million or 36.4% of revenue in the third quarter of 2023, compared to GAAP gross profit of $32.7 million or 40.3% of revenue in the third quarter of 2022. Non-GAAP gross profit was $28.7 million or 37.0% of revenue in the third quarter of 2023, compared to Non-GAAP gross profit of $33.0 million or 40.7% of revenue in the third quarter of 2022. • GAAP Net Income attributable to common stockholders was $0.7 million, or $0.01 per share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1743725/000162828023036387/0001628280-23-036387-index.htm","confidence":1.0,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended September 30, 2023"},{"label":"Revenue","value":"$77.4 million"},{"label":"Net income","value":"$0.7 million"},{"label":"EPS","value":"$0.01 per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}