Grid Dynamics Q1 2025 record revenue $100.4M, GAAP net income $2.9M, EPS $0.03

GRID DYNAMICS HOLDINGS, INC.

2025-Q1 EPS reported $0.03 revenue$100,415,000

Revenue $100.4M (record), up 25.8% YoY; slightly above guidance range of $98M-$100M.
GAAP net income $2.9M ($0.03 diluted EPS) vs net loss of $3.9M ($0.05 loss) in Q1 2024.
Non-GAAP net income $10.0M ($0.11 diluted EPS); Non-GAAP EBITDA $14.6M vs $10.3M YoY.
Finance vertical revenue up 144% YoY, becoming second largest vertical at 24.9% of revenue.
Company maintains full-year 2025 revenue outlook; highest-ever billable engineering headcount.

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