Short answer
GRID DYNAMICS HOLDINGS, INC. (GDYN) filed its Q1 2026 10-Q quarterly report on Apr 30, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $104M (up 3.7% year over year) with net income of −$1M.
Q1 2026 key financials · XBRL
- Revenue
- $104M
- +3.7% YoY
- Net income
- −$1M
- −150.6% YoY
- Operating margin
- -3.5%
- Gross margin
- 34.8%
- EPS (diluted)
- −$0.02
- −166.7% YoY
Source: XBRL data from the GRID DYNAMICS HOLDINGS, INC. (GDYN) Q1 2026 10-Q on SEC EDGAR. USD.
GRID DYNAMICS HOLDINGS, INC. Q1 2026 10-Q analysis
AI summary of MD&A and risk factor updates
Management Discussion & Analysis
- Revenue $104.1M, up 3.7% YoY from $100.4M, driven by higher technology customer demand
- Gross margin 34.8% vs 36.8% YoY; operating loss $3.7M vs $2.0M
- TMT best-performing vertical at $30.8M, up 30.3% YoY; CPG/Manufacturing weakest, down 9.4% YoY to $9.8M
- Operating cash flow $8.4M vs $9.4M YoY; Non-GAAP EBITDA $12.5M vs $14.6M
- Ukraine conflict, sanctions, and regional geopolitical uncertainty cited as potential headwinds to operations and outlook
Risk Factors
- No material risk-factor changes identified; filing only references risks disclosed in the prior Form 10-K
- General undisclosed-risk exposure; presently unknown or deemed immaterial risks could adversely affect business and stock price
- Capital-allocation risk; $50.0 million repurchase authorization leaves $36.536 million available
- Market risk; repurchases remain subject to stock price, market conditions, and applicable law
Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K
Other GRID DYNAMICS HOLDINGS, INC. quarterly reports
Ask about this quarter
Compare quarters, check guidance or see what insiders and funds did around the report.