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Grid Dynamics Q1 FY26 turns to net loss of USD 1.47 million; revenue rises 3.7% to USD 104.1 million

PUBT·04/30/2026 21:12:56
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Grid Dynamics Q1 FY26 turns to net loss of USD 1.47 million; revenue rises 3.7% to USD 104.1 million
  • Grid Dynamics posted a Q1 2026 net loss of USD 1.5 million, turning from profit a year earlier.
  • Revenue rose 3.7% to USD 104.1 million.
  • Non-GAAP EBITDA slipped to USD 12.5 million from USD 14.6 million a year earlier.
  • AI revenue reached a record 29.3% of total revenue, while partnership-influenced revenue climbed to 19.1%.
  • Grid Dynamics forecast Q2 revenue of USD 106 million-108 million, projecting full-year revenue of USD 435 million-465 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 on May 01, 2026, and is solely responsible for the information contained therein.