---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-037000"
form_type: "8-K"
ticker: "GDYN"
cik: "0001743725"
company_name: "GRID DYNAMICS HOLDINGS, INC."
filed_at: "2025-07-31T23:59:59+00:00"
generated_at: "2026-05-17T22:23:41.638928+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 record $101.1M (+21.7% YoY); GAAP net income $5.3M, EPS $0.06

## Summary
- Revenue $101.1M (record), flat sequentially, up 21.7% YoY; above midpoint of $100-102M guidance.
- GAAP gross profit $34.5M (34.1% margin); non-GAAP gross profit $35.1M (34.7% margin).
- GAAP EPS $0.06 diluted vs loss $0.01 in Q2 '24; non-GAAP EPS $0.10 vs $0.11.
- Finance vertical doubled YoY for 4th consecutive quarter; now 25.1% of revenue, 2nd largest.
- AI & Data practice 23% of H1 2025 organic revenue; growing ~3x faster than organic business.

## SEC filing metadata
- accession: 0001628280-25-037000
- form_type: 8-K
- ticker: GDYN
- cik: 0001743725
- company_name: GRID DYNAMICS HOLDINGS, INC.
- filed_at: 2025-07-31T23:59:59+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/1743725/000162828025037000/0001628280-25-037000-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743725/000162828025037000/gdyn-20250731.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-037000
- JSON: https://secwatch.observer/filing/0001628280-25-037000.json
- Plain text: https://secwatch.observer/filing/0001628280-25-037000.txt

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