secwatch.observer — SEC 8-K summary
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Issuer:     GRID DYNAMICS HOLDINGS, INC. (GDYN)
CIK:        0001743725
Form:       8-K
Filed at:   2025-07-31T23:59:59+00:00
Accession:  0001628280-25-037000
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grid Dynamics Q2 revenue record $101.1M (+21.7% YoY); GAAP net income $5.3M, EPS $0.06
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743725/000162828025037000/0001628280-25-037000-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743725/000162828025037000/gdyn-20250731.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-037000

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