Grid Dynamics Holdings, Inc. ( (GDYN) ) has released its Q2 earnings. Here is a breakdown of the information Grid Dynamics Holdings, Inc. presented to its investors.
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Grid Dynamics Holdings, Inc., a leader in enterprise-level AI and digital transformation, offers technology consulting and engineering services across various industries, with a strong focus on AI-first strategies.
In its second quarter of 2025, Grid Dynamics reported record revenues of $101.1 million and a GAAP net income of $5.3 million, showcasing a solid financial performance. The company’s revenue was slightly above the midpoint of its projected outlook, driven by strong demand across its major verticals.
Key highlights from the earnings report include a 21.7% year-over-year increase in total revenues, with the Finance vertical doubling its revenue for the fourth consecutive quarter. The company’s AI and Data practice accounted for 23% of total organic revenue, growing significantly faster than the overall business. Additionally, the company reported a non-GAAP EBITDA of $12.7 million, reflecting a steady financial position.
Looking ahead, Grid Dynamics anticipates continued growth with projected third-quarter revenues between $103 and $105 million and full-year revenues expected to range from $415 to $435 million. The company remains focused on leveraging its AI capabilities to drive innovation and differentiation in the market.