---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-034134"
form_type: "8-K"
ticker: "GDYN"
cik: "0001743725"
company_name: "GRID DYNAMICS HOLDINGS, INC."
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T13:53:57.618295+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Grid Dynamics Q2 revenue $83.0M, above guidance; GAAP net loss $0.8M

## Summary
- Record revenue of $83.0M, above guidance range of $80-82M; up 7.4% YoY and 4% sequential.
- GAAP net loss $0.8M ($(0.01)/share) vs Q2 2023 net income $2.6M ($0.03). Non-GAAP net income $6.0M ($0.08 diluted).
- Finance vertical revenue up 86.2% YoY and 22.7% sequential; Retail and TMT top verticals.
- Non-GAAP EBITDA $11.7M vs $12.0M YoY; gross margin 35.6% GAAP, 36.2% non-GAAP.

## SEC filing metadata
- accession: 0001628280-24-034134
- form_type: 8-K
- ticker: GDYN
- cik: 0001743725
- company_name: GRID DYNAMICS HOLDINGS, INC.
- filed_at: 2024-08-01T23:59:59+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/1743725/000162828024034134/0001628280-24-034134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743725/000162828024034134/gdyn-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-034134
- JSON: https://secwatch.observer/filing/0001628280-24-034134.json
- Plain text: https://secwatch.observer/filing/0001628280-24-034134.txt

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