---
schema_version: "secwatch.filing_event.v1"
accession: "0001743725-26-000019"
form_type: "8-K"
ticker: "GDYN"
cik: "0001743725"
company_name: "GRID DYNAMICS HOLDINGS, INC."
filed_at: "2026-07-30T20:08:16+00:00"
generated_at: "2026-07-30T20:09:06.520639+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Grid Dynamics Q2 revenue $108.2M, above guidance; AI revenue hits record 30.7% of total

## Summary
- Revenue $108.2M, above guidance $106-108M; up 7% YoY and 3.9% sequentially.
- GAAP net income $2.9M ($0.03 diluted EPS) vs $5.3M ($0.06) YoY; non-GAAP net income $9.0M ($0.11) vs $8.3M ($0.10).
- AI revenue exceeded 30% of total for first time, growing >50% YoY for second consecutive quarter.
- TMT vertical revenue up 36.4% YoY, representing 31.8% of total; Retail 26.5%, Finance 22.9%.
- Non-GAAP EBITDA $14.7M vs $12.7M YoY; gross margin improved to 36.6% GAAP (36.9% non-GAAP) from 34.1% (34.7%).

## SEC filing metadata
- accession: 0001743725-26-000019
- form_type: 8-K
- ticker: GDYN
- cik: 0001743725
- company_name: GRID DYNAMICS HOLDINGS, INC.
- filed_at: 2026-07-30T20:08:16+00:00
- event_type: earnings
- sentiment: positive
- 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/1743725/000174372526000019/0001743725-26-000019-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1743725/000174372526000019/gdyn-20260730.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001743725-26-000019
- JSON: https://secwatch.observer/filing/0001743725-26-000019.json
- Plain text: https://secwatch.observer/filing/0001743725-26-000019.txt

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