secwatch.observer — SEC 8-K summary
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Issuer:     GRID DYNAMICS HOLDINGS, INC. (GDYN)
CIK:        0001743725
Form:       8-K
Filed at:   2026-03-05T23:59:59+00:00
Accession:  0001743725-26-000005
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grid Dynamics reports record FY rev $411.8M; Q4 GAAP EPS $0.00, non-GAAP $0.10
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- Q4 2025 revenue $106.2M (+5.9% YoY); full year revenue $411.8M (+17.5% YoY).
- GAAP net income Q4 $0.3M ($0.00 EPS) vs $4.5M ($0.05 EPS) in Q4 2024.
- Non-GAAP net income Q4 $8.7M ($0.10 EPS) vs $10.3M ($0.12 EPS) prior year.
- AI revenue >$90M in 2025, 30% YoY growth; represented 25% of Q4 revenue.
- TMT vertical grew 27.5% YoY; top two technology customers drove growth.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743725/000174372526000005/0001743725-26-000005-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743725/000174372526000005/gdyn-20260305.htm
  HTML page:      https://secwatch.observer/filing/0001743725-26-000005

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