10-Q quarterly report · filed Jul 30, 2026

GRID DYNAMICS HOLDINGS, INC. (GDYN) Q2 2026 10-Q Quarterly Report

Short answer

GRID DYNAMICS HOLDINGS, INC. (GDYN) filed its Q2 2026 10-Q quarterly report on Jul 30, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $108M (up 7.0% year over year) with net income of $3M.

Q2 2026 key financials · XBRL

Revenue
$108M
+7.0% YoY · +3.9% QoQ
Net income
$3M
−45.9% YoY · +293.6% QoQ
Operating margin
1.2%
Gross margin
36.6%
EPS (diluted)
$0.04
−33.3% YoY · +300.0% QoQ

Source: XBRL data from the GRID DYNAMICS HOLDINGS, INC. (GDYN) Q2 2026 10-Q on SEC EDGAR. USD.

GRID DYNAMICS HOLDINGS, INC. Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $108.2M, up 7.0% YoY from $101.1M, driven by Technology, Media and Telecom demand
  • Gross margin 36.6% vs 34.1% YoY; operating margin 1.2% vs negative 0.1%
  • Best vertical TMT revenue $34.4M, up 36.4%; Other worst, down 16.4% to $6.5M
  • Net income $2.9M vs $5.3M YoY; Non-GAAP EBITDA $14.7M vs $12.7M
  • Cash balance not provided; lower average cash balances reduced money-market income; Ukraine conflict remains a material headwind

Risk Factors

  • No material risk-factor changes disclosed; filing states risks extend beyond the 10-K
  • Share-repurchase authorization up to $50.0 million, subject to market conditions and applicable law
  • Remaining repurchase capacity declined to $19.246 million by June 30, 2026
  • Unregistered equity sales, senior-security defaults, and mine-safety disclosures: none reported

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.