---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-006735"
form_type: "8-K"
ticker: "GDYN"
cik: "0001743725"
company_name: "GRID DYNAMICS HOLDINGS, INC."
filed_at: "2025-02-20T23:59:59+00:00"
generated_at: "2026-05-26T09:10:29.608932+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Grid Dynamics Q4 revenue $100.3M beats guidance; full year revenue up 12% YoY

## Summary
- Q4 revenue $100.3M, above guidance of $95-97M; YoY growth 28.5%. FY2024 revenue $350.6M, +12% from $312.9M.
- GAAP net income Q4 $4.5M ($0.05 diluted EPS); Non-GAAP net income Q4 $10.3M ($0.12 diluted EPS).
- Finance vertical revenue grew 63.8% sequential and 180.1% YoY; Retail 32.6% of Q4 revenue.
- AI opportunity pipeline exceeded 130, up 30% from prior quarter.
- FY2025 revenue guidance: ~20% growth over 2024. Record billable engineering headcount.

## SEC filing metadata
- accession: 0001628280-25-006735
- form_type: 8-K
- ticker: GDYN
- cik: 0001743725
- company_name: GRID DYNAMICS HOLDINGS, INC.
- filed_at: 2025-02-20T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743725/000162828025006735/0001628280-25-006735-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743725/000162828025006735/gdyn-20250220.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-006735
- JSON: https://secwatch.observer/filing/0001628280-25-006735.json
- Plain text: https://secwatch.observer/filing/0001628280-25-006735.txt

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