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GRID DYNAMICS HOLDINGS, INC. (GDYN) filed an 8-K current report with the SEC on July 30, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q2 fiscal 2026 results released for quarter ended June 30, 2026.
GRID DYNAMICS HOLDINGS, INC. 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q2 fiscal 2026 results released for quarter ended June 30, 2026
- Press release furnished as Exhibit 99.1, containing the substantive financial results
- Disclosure furnished under Regulation FD, limiting Section 18 Exchange Act liability absent explicit incorporation
Item EX-99.1 · Exhibit EX-99.1
- Q2 revenue $108.2M, up 7.0% YoY and above the $106.0M–$108.0M guidance range
- AI revenue reached record 30.7% of total revenue, signaling growing enterprise adoption beyond pilot programs
- GAAP gross margin expanded to 36.6% from 34.1%, while GAAP net income fell to $2.9M from $5.3M
- TMT revenue grew 36.4% YoY and represented 31.8% of revenue, increasing customer and vertical concentration
- Q3 revenue guidance $112.0M–$114.0M with non-GAAP EBITDA guidance of $16.5M–$17.5M
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