secwatch.observer — SEC 8-K summary
======================================

Issuer:     GRID DYNAMICS HOLDINGS, INC. (GDYN)
CIK:        0001743725
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0001628280-25-006735
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743725/000162828025006735/0001628280-25-006735-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743725/000162828025006735/gdyn-20250220.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-006735

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer