Highest-materiality recent filing
Grid Dynamics Q2 revenue $108.2M, above guidance; AI revenue hits record 30.7% of total
Revenue $108.2M, above guidance $106-108M; up 7% YoY and 3.9% sequentially.
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.
Grid Dynamics reports record FY rev $411.8M; Q4 GAAP EPS $0.00, non-GAAP $0.10
Q4 2025 revenue $106.2M (+5.9% YoY); full year revenue $411.8M (+17.5% YoY).
Grid Dynamics posts record Q3 revenue of $104.2M; authorizes $50M buyback
Revenue $104.2M, record, up 19.1% YoY, within Q3 outlook of $103-105M.
Grid Dynamics Q2 revenue record $101.1M (+21.7% YoY); GAAP net income $5.3M, EPS $0.06
Revenue $101.1M (record), flat sequentially, up 21.7% YoY; above midpoint of $100-102M guidance.
Grid Dynamics Q1 2025 record revenue $100.4M, GAAP net income $2.9M, EPS $0.03
Revenue $100.4M (record), up 25.8% YoY; slightly above guidance range of $98M-$100M.
Grid Dynamics extends revolver maturity to April 29, 2025 via second amendment
Second Amendment to Credit Agreement entered April 15, 2025 pushes Revolving Credit Maturity Date to April 29, 2025.
Grid Dynamics Q4 revenue $100.3M beats guidance; full year revenue up 12% YoY
Q4 revenue $100.3M, above guidance of $95-97M; YoY growth 28.5%. FY2024 revenue $350.6M, +12% from $312.9M.
Grid Dynamics reports record Q3 revenue of $87.4M, beats guidance, GAAP net income $4.3M
Record Q3 revenue of $87.4M, up 5.3% sequentially and 12.9% YoY, above guidance of $84-$86M.
Grid Dynamics Q2 revenue $83.0M, above guidance; GAAP net loss $0.8M
Record revenue of $83.0M, above guidance range of $80-82M; up 7.4% YoY and 4% sequential.
Grid Dynamics Q1 revenue $79.8M, beats guidance; net loss narrows to $3.9M
Revenue of $79.8M (flat YoY, +2.2% QoQ) above guidance of $77-79M.
Grid Dynamics Q4 revenue $78.1M beats guidance; GAAP net income turns positive
Q4 revenue $78.1M, flat sequentially and down 3.1% YoY; full year $312.9M, up 0.8% YoY.
Grid Dynamics Q3 revenue flat at $77.4M; GAAP net income $0.7M, EPS $0.01
Revenue $77.4M, flat YoY; GAAP net income $0.7M (EPS $0.01) vs loss of $6.7M in Q3 2022.
Grid Dynamics Q2 2023: record GAAP net income $2.6M, revenue $77.3M flat YoY
GAAP net income $2.6M ($0.03/share) vs loss $13.2M a year ago; non-GAAP net income $7.0M ($0.09 diluted).
Grid Dynamics Q1 revenue up 12.1% to $80.1M; GAAP net loss widens to $8.0M
GAAP net loss $(8.0)M ($(0.11)/share) vs $(2.7)M ($(0.04)/share) YoY; non-GAAP net income $6.5M ($0.08/diluted).
Grid Dynamics Q4 revenue $80.6M beats guidance; full-year revenue up 47% to $310.5M
Q4 revenue $80.6M, above outlook of $77-78M; up 21.1% YoY; full-year revenue $310.5M, up 47% YoY.
Grid Dynamics Q3 revenue $81.2M (+40% YoY); Non-GAAP EPS $0.15, EBITDA $17.1M
Revenue $81.2M, record 9th consecutive quarter; up 4.9% seq and 40.1% YoY.
Grid Dynamics prices $100M public offering of 5.7M shares at $17.50, net proceeds ~$109.5M
Offering of 5,714,286 shares at $17.50 per share, closing expected Sept 12, 2022.
Grid Dynamics Q2 revenue $77.3M record, up 62.2% YoY; GAAP net loss widens to $(13.2)M
Revenue of $77.3M, up 62.2% YoY and 8.3% sequentially; eighth consecutive record quarter.
Grid Dynamics Q1 revenue record $71.4M, up 82.5% YoY; non-GAAP EPS $0.10
Revenue $71.4M, record, up 7.3% seq and 82.5% YoY.
Grid Dynamics raises Q1 revenue guidance to at least $65M; shifts headcount away from Eastern Europe
Q1 2022 revenue now expected no less than $65M, up from prior $55-60M range.
Grid Dynamics nearly doubled annual revenue in 2021; reaffirms Q1 2022 outlook
Annual revenue nearly doubled in 2021; Q4 revenue three times prior-year quarter.
Grid Dynamics enters $30M secured revolving credit facility with JPMorgan
Three-year multicurrency revolver; initial capacity $30M, expandable to $50M.
Grid Dynamics Q4 revenue $66.5M (+120.9% YoY); FY revenue $211.3M; Ukraine war cited as risk
Q4 revenue $66.5M (+120.9% YoY); GAAP net loss $3.6M (-$0.05/sh); non-GAAP net income $7.1M ($0.10 diluted).
Grid Dynamics posts record Q3 revenue of $57.9M, up 120% YoY; non-GAAP net income $7.9M
Revenue $57.9M, up 21.5% sequentially and 120% YoY; organic revenue $44.1M (+14.8% seq).
Grid Dynamics Q2 revenue $47.7M record, up 113% YoY; non-GAAP net income $6.1M
Revenue $47.7M, up 21.8% sequentially and 113.1% YoY; organic revenue $38.4M, up 17.7% sequentially.
Grid Dynamics redeems all 2.77M public warrants; holders must exercise by Aug 30 at $11.50/share
Company calls all 2,773,141 public warrants at $0.01 each; exercise price is $11.50 per share.
On May 15, 2023, Stan Klimoff, Grid Dynamics Holdings, Inc.’s Chief Strategy Officer, who has been with Grid Dynamics since 2007, informed Grid Dynamics of his intention to resign effective May 19, 2023, to explore opportunities outside the IT services industry.
On February 23, 2022, Patrick Nicolet was appointed to the Board of Directors (the “Board”) of Grid Dynamics Holdings, Inc. (the “Company”).
Max materiality 0.85 · Median 0.62 · Most common event earnings