GRID DYNAMICS HOLDINGS, INC. (GDYN) Form 8-K — Jul 30, 2026
Grid Dynamics reported second quarter 2026 revenues of $108.2 million, exceeding the high end of its guidance range and increasing 7.0% year-over-year. The company achieved a record AI revenue share of 30.7%, with AI revenue growing over 50% year-over-year for the second consecutive quarter, driven by strong demand in the Technology, Media and Telecom vertical. On a non-GAAP basis, net income increased to $9.0 million, or $0.11 per diluted share, compared to $8.3 million, or $0.10 per diluted share, in the prior year period. Non-GAAP EBITDA rose to $14.7 million from $12.7 million in the second quarter of 2025, reflecting continued margin expansion through productivity gains.
Key figures
- Eps
- $0.03
- Revenue
- $108.2 million
- Guidance
- Q3 2026 revenue $112.0 - $114.0 million; FY 2026 revenue $435.0 - $465.0 million
- Net Income
- $2.9 million
- Revenue Yoy
- 7.0%
- Cash Position
- $298.4 million
- Non Gaap Eps
- $0.11
- Non Gaap Ebitda
- $14.7 million
- Ai Revenue Percent
- 30.7%
- Non Gaap Net Income
- $9.0 million
Price after filing
Close on the filing date to close N calendar days later (from $6.14). Historical, not a forecast.
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