---
schema_version: "secwatch.filing_event.v1"
accession: "0001743725-26-000012"
form_type: "8-K"
ticker: "GDYN"
cik: "0001743725"
company_name: "GRID DYNAMICS HOLDINGS, INC."
filed_at: "2026-04-30T23:59:59+00:00"
generated_at: "2026-05-15T01:00:53.299274+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001743725-26-000012
- form_type: 8-K
- ticker: GDYN
- cik: 0001743725
- company_name: GRID DYNAMICS HOLDINGS, INC.
- filed_at: 2026-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- 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/1743725/000174372526000012/0001743725-26-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743725/000174372526000012/gdyn-20260430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001743725-26-000012
- JSON: https://secwatch.observer/filing/0001743725-26-000012.json
- Plain text: https://secwatch.observer/filing/0001743725-26-000012.txt

## Key facts
- Earnings Releases
  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
  source text: Grid Dynamics Reports First Quarter 2026 Financial Results Revenues of $104.1 million
  evidence_url: https://www.sec.gov/Archives/edgar/data/1743725/000174372526000012/0001743725-26-000012-index.htm

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