---
schema_version: "secwatch.filing_event.v1"
accession: "0001743725-25-000008"
form_type: "8-K"
ticker: "GDYN"
cik: "0001743725"
company_name: "GRID DYNAMICS HOLDINGS, INC."
filed_at: "2025-10-30T23:59:59+00:00"
generated_at: "2026-05-17T01:23:17.296096+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Grid Dynamics posts record Q3 revenue of $104.2M; authorizes $50M buyback

## Summary
- Revenue $104.2M, record, up 19.1% YoY, within Q3 outlook of $103-105M.
- GAAP net income $1.2M ($0.01 EPS); non-GAAP net income $8.2M ($0.09 EPS).
- Non-GAAP EBITDA $12.7M, down from $14.8M in Q3 2024.
- Board authorized $50M share repurchase program (~15% of cash).
- CEO targets 300 bps margin improvement over next 12 months.

## SEC filing metadata
- accession: 0001743725-25-000008
- form_type: 8-K
- ticker: GDYN
- cik: 0001743725
- company_name: GRID DYNAMICS HOLDINGS, INC.
- filed_at: 2025-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1743725/000174372525000008/0001743725-25-000008-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743725/000174372525000008/gdyn-20251030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001743725-25-000008
- JSON: https://secwatch.observer/filing/0001743725-25-000008.json
- Plain text: https://secwatch.observer/filing/0001743725-25-000008.txt

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