Grid Dynamics Holdings, Inc. announced its financial results for the second quarter ended June 30, 2025, reporting record revenues of $101.1 million. This figure was slightly above the midpoint of the company's guidance and represents a 21.7% increase year-over-year.
The company's AI and Data practice accounted for 23% of total organic revenue in the first half of 2025, growing almost three times faster than the overall organic business. The Finance vertical maintained strong growth, doubling revenues year-over-year for the fourth consecutive quarter and becoming the second-largest vertical, contributing 25.1% of total revenues.
Grid Dynamics reported a GAAP net income of $5.3 million, or $0.06 per diluted share, for Q2 2025. The company maintained its full-year 2025 revenue guidance of $415 million to $435 million and provided Q3 2025 revenue guidance of $103 million to $105 million, anticipating a seasonally stronger second half.
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