Grid Dynamics Q3 revenue rises 9.7% to $114.3 million, above guidance range
Grid Dynamics reported third quarter 2026 revenue of $114.3 million, up 9.7% from a year earlier and above its July guidance range of $112.0 million to $114.0 million. GAAP net income was $6.2 million, or $0.08 per diluted share, compared with $1.2 million, or $0.01, a year earlier. The company guided fourth quarter 2026 revenue to $113.5 million to $115.5 million.
Key points
- Q3 2026 revenue was $114.3 million, up 5.7% sequentially and 9.7% year-over-year.
- Non-GAAP diluted EPS was $0.18, compared with $0.09 in Q3 2025; GAAP diluted EPS was $0.08.
- Non-GAAP EBITDA was $22.9 million, or 20.0% of revenues, versus $12.7 million, or 12.2%, a year earlier.
- Fourth quarter 2026 guidance: revenue of $113.5 million to $115.5 million and non-GAAP EBITDA of $20.0 million to $22.0 million.
The filing
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 October 29, 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.