Grid Dynamics Holdings, Inc.

Grid Dynamics Reports Record Third Quarter 2026 Financial Results

Grid Dynamics reported record Q3 2026 revenue of $114.3 million, up 9.7% year-over-year and above the high end of its $112.0-$114.0 million guidance range. Margins expanded sharply, with GAAP gross margin at 40.3% versus 33.3% a year ago and non-GAAP EBITDA margin hitting 20.0%; AI revenue grew over 45% YoY for a third straight quarter and now represents 31% of total revenue. GAAP EPS was $0.08 versus $0.01 a year prior, with non-GAAP EPS of $0.18 versus $0.09. The company guided Q4 revenue to $113.5-$115.5 million with non-GAAP EBITDA of $20.0-$22.0 million, and spent $35.5 million repurchasing 5.3 million shares in the first nine months of 2026.

•6d ago

Grid Dynamics Launches Business Process Consulting Practice to Bridge the Gap Between AI Investment and Business Results

Grid Dynamics launched a Business Process Consulting practice extending its AI transformation services beyond engineering into discovery, process reengineering, and enterprise change management for Fortune 1000 clients. The practice is built on the company's ARC methodology and draws on partnerships with process-intelligence provider QPR and change-management firm Prosci. Chief Revenue Officer Vasily Sizov framed the move as targeting measurable business results rather than technology deployment alone; no financial terms or revenue expectations were disclosed.

•8d ago

Sysco Awards Partner of the Year Award to Grid Dynamics

Sysco named Grid Dynamics its Partner of the Year, recognizing GDYN's work embedding AI into Sysco's technology and business operations. The partnership began in 2024 and spans product search and discovery, digital commerce, and AI-first software development, with both parties planning to extend AI collaboration further. No new contract value was disclosed, but the award reinforces a marquee Fortune 1000 client relationship for GDYN's AI transformation practice, including its GAIN platforms.

•20d ago

Grid Dynamics Co-Hosts Physical AI Summit Alongside NVIDIA, EAIGG, and BGV to Accelerate Manufacturing Automation

Grid Dynamics is co-hosting the invite-only Physical AI Summit on September 24, 2026, at the Wells Fargo Innovation Center in Menlo Park alongside NVIDIA, EAIGG, and BGV. The summit, themed 'From World Models to Real-World Control,' focuses on moving Physical AI from pilots into production across manufacturing, CPG, logistics, and retail, and builds on GDYN's partnerships with NVIDIA and Doosan Robotics. CTO Ilya Katsov will lead a session on operationalizing Physical AI, and the company highlighted its GAIN Platform for Physical AI and programs spanning humanoid logistics robots, autonomous driving simulation, and robotic manipulation for EV battery manufacturing.

•1mo ago

Grid Dynamics Appoints Industry Veteran Nikita Ivanov as Head of AI

Grid Dynamics appointed Nikita Ivanov as Vice President, Head of AI, to lead the strategic direction of its AI portfolio and GAIN platforms. Ivanov brings over two decades of experience, including founding GridGain and serving as Field CTO for GenAI at DataStax, to help clients transition to AI-native software delivery. The company revealed that AI initiatives currently drive more than 30% of its total revenue, highlighting the critical nature of this new leadership position.

•2mo ago

Grid Dynamics Earns MACH Alliance's 2026 Agent Ready Award for Production-Scale Agentic AI

Grid Dynamics was named to the MACH Alliance's inaugural 2026 Agent Ready cohort, earning recognition for its production-scale agentic AI capabilities. The certification was awarded based on multi-agent commerce and transformation programs delivered for enterprise clients in the food and beverage and payments sectors, utilizing the company's GAIN platforms. MACH Alliance noted that Grid Dynamics met a high bar for systems integrators regarding market presence and production delivery at enterprise scale.

•2mo ago

Grid Dynamics Reports Second Quarter 2026 Financial Results

Grid Dynamics reported Q2 revenue of $108.2 million, exceeding the high end of its guidance range and increasing 7% year-over-year. AI revenue reached a record 30.7% of total revenue with over 50% annual growth, while Non-GAAP EPS rose to $0.11 per share. Management issued Q3 revenue guidance of $112.0 to $114.0 million and set full-year 2026 revenue expectations between $435.0 and $465.0 million.

•3mo ago

Grid Dynamics Accelerates Enterprise AI-Native Transformation With Workforce Certification and GAIN Platforms Rollout

Grid Dynamics announced expanded deployment of its GAIN AI-native platforms and set a goal to certify 90% of its engineers on Anthropic and OpenAI tools by October 2026. The company scaled its agentic harness technology to support over 500 additional engineers at a major home improvement retailer, reflecting a shift from experimentation to production-scale AI deployments. Management highlighted that clients are moving toward AI-native operating models to automate complex workflows and improve enterprise productivity.

•3mo ago

Grid Dynamics Enters Strategic Partnership with Doosan Robotics to Accelerate Physical AI Adoption Across Manufacturing and Logistics

Grid Dynamics announced a strategic partnership with Doosan Robotics to integrate its GAIN Platform for Physical AI with Doosan's collaborative robots. The joint solution aims to solve advanced automation use cases in manufacturing and logistics, such as inspecting complex-geometry objects and packaging unseen items, utilizing GDYN's software and Doosan's hardware. The companies will pursue a joint go-to-market strategy to deliver these turnkey physical AI solutions to industrial users across Doosan's global network.

•3mo ago