Grid Dynamics Q2 FY26 GAAP net income falls to $2.85 million; revenue rises 7% year-over-year to $108.2 million

Reuters2026/07/30 20:23

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Grid Dynamics posted Q2 2026 revenue of USD 108.2 million, up 7% year over year and 3.9% sequentially.
GAAP net income fell to USD 2.9 million, or USD 0.03 per share.
GAAP gross margin widened to 36.6% from 34.1% a year earlier.
Non-GAAP EBITDA rose to USD 14.7 million from USD 12.7 million a year earlier.
AI revenue topped 30% of total revenue; Q3 2026 revenue forecast USD 112 million-USD 114 million.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Grid Dynamics Holdings Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260730673583) on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Grid Dynamics Q2 FY26 GAAP net income falls to $2.85 million; revenue rises 7% year-over-year to $108.2 million

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