Grid Dynamics Holdings, Inc. reported earnings results for the first quarter ended March 31, 2026. For the first quarter, the company reported sales was USD 104.1 million compared to USD 100.42 million a year ago. Net loss was USD 1.47 million compared to net income of USD 2.91 million a year ago.
Basic loss per share from continuing operations was USD 0.02 compared to basic earnings per share from continuing operations of USD 0.03 a year ago. Diluted loss per share from continuing operations was USD 0.02 compared to diluted earnings per share from continuing operations of USD 0.03 a year ago.
Grid Dynamics Holdings, Inc. is a provider of technology consulting, platform and product engineering, and digital engagement services. The Company's core business includes cloud platform and product engineering, supply chain and advanced manufacturing, and data and machine learning platform engineering. It also helps organizations become more agile and create digital products and experiences through its expertise in emerging technology, such as artificial intelligence (AI), data science, cloud computing, big data and DevOps, lean software development practices and a high-performance product culture. The Company delivers tailored solutions in several key industry verticals: Retail; Technology, Media and Telecom; Finance; Consumer Packaged Goods and Manufacturing, and Healthcare and Pharma. It also provides software engineering services specializing in data-intensive information systems for banking and other financial institutions.
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Investor
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Global
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Quality
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ESG MSCI
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