Flash FinanceUS
Market open S&P 5007,376.86+0.31% Nasdaq24,579.42+1.09% Dow 3051,285.73-0.46% Russell 20002,754.11+0.89% Nasdaq-10026,989.99+1.35% MidCap 4003,602.50+0.56% SmallCap 6001,673.98+0.05% VIX25.64-9.01% 10Y Yield4.86+0.45% Close of Nov 06, 2026
AI brief of an SEC Form 8-K · GRID DYNAMICS HOLDINGS, INC. (GDYN)

Grid Dynamics Q2 revenue rises 7.0% to $108.2 million, above guidance range

Mixed Impact 3 of 5 earnings Written later

Grid Dynamics reported second quarter 2026 revenue of $108.2 million, up 7.0% year over year and slightly above its April guidance range of $106.0 million to $108.0 million. GAAP net income fell to $2.9 million, or $0.03 per diluted share, from $5.3 million, or $0.06, a year earlier, while non-GAAP net income rose to $9.0 million, or $0.11 per share from $0.10. The company guided third quarter revenue to $112.0 million to $114.0 million and full-year 2026 revenue to $435.0 million to $465.0 million.

Key points

  • Q2 2026 revenue was $108.2 million, up 7.0% year over year and 3.9% sequentially.
  • GAAP net income was $2.9 million ($0.03 per diluted share), down from $5.3 million ($0.06) in Q2 2025; restructuring costs were $2.6 million versus $0.5 million.
  • Non-GAAP net income was $9.0 million ($0.11 per diluted share), up from $8.3 million ($0.10).
  • Q3 2026 revenue guidance is $112.0 million to $114.0 million; full-year 2026 revenue guidance is $435.0 million to $465.0 million.

The filing

CompanyGRID DYNAMICS HOLDINGS, INC. (GDYN)
Form8-K, current report
Filed with the SECJul 30, 2026, 4:08 PM ET
Accession number0001743725-26-000019

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:53 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 30, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.