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Grid Dynamics Holdings, Inc. provides enterprise AI transformation, technology consulting, platform and product engineering, advanced analytics, cloud, data engineering, application modernization, and digital engagement services for large enterprises.
Company news centers on quarterly results, AI revenue and partner-influenced revenue, work with hyperscale cloud providers, and client deployments across technology, media and telecom, retail, finance, consumer packaged goods and manufacturing, healthcare and pharma, and other verticals. Updates also cover solutions such as the Merchandising Experience Platform and NVIDIA-based AI applications, as well as strategic collaborations with cloud and AI technology partners.
Grid Dynamics (Nasdaq: GDYN) has appointed industry veteran Nikita Ivanov as Vice President, Head of AI, to lead the strategic direction of its AI portfolio and GAIN platforms. He is tasked with helping Fortune 1000 clients shift to AI-native software delivery and convert AI pilots into production value.
Ivanov previously founded and led distributed computing company GridGain, created Apache NLPCraft and Humatron AI, and served as Field CTO for GenAI at DataStax. According to Grid Dynamics, its open-source AI-SDLC tools Allium, Rosetta, and SpecFlow support this strategy, and AI now contributes more than 30% of total revenue.
Grid Dynamics (Nasdaq: GDYN) announced it has received the MACH Alliance's 2026 Agent Ready Award, joining an inaugural cohort of 35 companies. The advanced certification recognizes members that have moved agentic AI from pilots and demos to production at scale with enterprise-grade guardrails.
According to Grid Dynamics, its qualification was based on production agentic AI programs for a global food and beverage company and a global payments company, built on its Grid Dynamics AI Native (GAIN) platforms and delivered via its Forward Deployed Engineer model.
Grid Dynamics (Nasdaq: GDYN) reported second quarter 2026 revenues of $108.2 million, up 7.0% year-over-year and slightly above its prior guidance range. AI revenues reached a record 30.7% of total revenue, with AI revenue growing over 50% year-over-year for the second consecutive quarter, according to the company.
GAAP gross profit was $39.6 million (36.6% margin) and non-GAAP gross profit was $40.0 million (36.9% margin), both higher than a year earlier. GAAP net income was $2.9 million or $0.03 per diluted share, down from $5.3 million, while non-GAAP net income was $9.0 million or $0.11 per diluted share, up from $8.3 million. Non-GAAP EBITDA increased to $14.7 million from $12.7 million. The TMT vertical grew 36.4% year-over-year and represented 31.8% of revenue.
For Q3 2026, the company expects revenue of $112.0–$114.0 million and non-GAAP EBITDA of $16.5–$17.5 million. Full-year 2026 revenue is projected between $435.0 million and $465.0 million.
Grid Dynamics (Nasdaq: GDYN) announced accelerated adoption of its enterprise agentic AI solutions and GAIN (Grid Dynamics AI Native) platforms across retail, financial services, manufacturing, CPG, and logistics customers. According to Grid Dynamics, it plans to have 90% of its engineers trained and certified on Anthropic and OpenAI platforms by the end of October 2026.
The company has expanded its agentic harness technology to support 500+ additional engineers at one of North America's largest home improvement retailers, reflecting broader production-scale rollouts as clients standardize on AI-powered software development and delivery frameworks.
Grid Dynamics (Nasdaq: GDYN) announced a strategic partnership with Doosan Robotics, a global provider of collaborative robots operating in 45 countries. The collaboration focuses on delivering a turnkey physical AI software stack and integration services for industrial cobot users in manufacturing and logistics.
According to Grid Dynamics, Doosan cobot users will gain access to the GAIN Platform for Physical AI, which supports rapid creation of advanced robotic manipulation workflows, deployment of state-of-the-art physical AI models, and use of digital twins to optimize and monitor robotic lines. The combined offering targets complex automation use cases such as processing and inspection of complex-geometry objects, assembly with variability, and packaging of unseen and deformable items, which are described as difficult for traditional robotics software. The partnership also aims to accelerate joint go-to-market efforts for an integrated hardware and software stack and expand R&D around robotics policy control.
Grid Dynamics (Nasdaq: GDYN) will host a video conference call at 4:30 p.m. ET on Thursday, July 30, 2026 to discuss its second quarter 2026 financial results.
A financial results press release and a live webcast with replay will be available on the company’s investor relations website.
S&P Dow Jones Indices announced multiple index changes effective June 29–July 1, 2026. Honeywell Aerospace (HONA) will join both the S&P 500 and S&P 100 as a spin-off from Honeywell International, while Conagra Brands (CAG), National Health Investors (NHI), Toast (TOST), and IES Holdings (IESC) move into new S&P indices. Apollo Commercial Real Estate Finance (ARI), Grid Dynamics (GDYN), TopBuild (BLD), and Janus Henderson (JHG) will be removed from their current indices.
Grid Dynamics (Nasdaq: GDYN) hosted XT26, an invite-only forum in London focused on the volatility of AI in financial services. The 10th XT conference gathered over 250 senior technology leaders from major global banks, hedge funds, and capital markets firms to discuss real-world AI adoption.
Grid Dynamics (Nasdaq: GDYN) launched an AI-native modernization service on Microsoft Azure, built on its GAIN Platform for SDLC and aimed at large enterprises running mission-critical, high-transaction legacy systems.
The GAIN platform is internally benchmarked to deliver 30%+ productivity gains and supports outcome-based pricing. As a Microsoft Azure specialized partner, Grid Dynamics’ clients can access free deployment support, Azure credits, and funded migration assessments via Azure Accelerate. According to Grid Dynamics, AI represented 29% of revenue in Q1 2026, up from 25% in 2025.
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