secwatch.observer — SEC 8-K summary
======================================

Issuer:     GRID DYNAMICS HOLDINGS, INC. (GDYN)
CIK:        0001743725
Form:       8-K
Filed at:   2026-04-30T23:59:59+00:00
Accession:  0001743725-26-000012
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1743725/000174372526000012/0001743725-26-000012-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1743725/000174372526000012/gdyn-20260430.htm
  HTML page:      https://secwatch.observer/filing/0001743725-26-000012

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