Grid Dynamics Q1 revenue $104.1M (above guidance); AI revenue hits record 29.3%; GAAP net loss $1.5M

GRID DYNAMICS HOLDINGS, INC.

2026-Q1 EPS reported -$0.02 revenue$104,100,000

Revenue $104.1M, above guidance range $103-104M; up 3.7% YoY.
AI revenues reached record 29.3% of total; partnership-influenced revenues at 19.1%.
GAAP net loss $1.5M ($0.02 loss per share) vs net income $2.9M year ago.
Non-GAAP net income $7.5M ($0.09 EPS) vs $10.0M ($0.11) year ago.
TMT vertical grew 30.3% YoY; top five accounts now outside retail, reflecting diversification.

item 2.02 item 9.01

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

GRID DYNAMICS HOLDINGS, INC. reported the quarter ended March 31, 2026 results: revenue $104.1 million, net income $1.5 million, EPS $0.02 per share.

Period: the quarter ended March 31, 2026
Revenue: $104.1 million
Net income: $1.5 million
EPS: $0.02 per share
Result: reported results

Exact text from the filing

Grid Dynamics Reports First Quarter 2026 Financial Results Revenues of $104.1 million

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Source: SEC EDGAR

accession 0001743725-26-000012

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