Grid Dynamics Holdings, Inc. Class A (GDYN)

The share price was $9.55 as of January 9, 2026, representing a significant decline from $20.48 on January 13, 2025. In Q3 2025, despite solid financial results, the stock declined by 6.42% on October 30, 2025. GDYN shares experienced a substantial drop of 70% from their February 2025 peak to a low in September 2025. In Q3 2025, the company's board authorized a $50 million share buyback program. Grid Dynamics reported Q2 2025 record revenues of $101.1 million on July 31, 2025. A multi-year collaboration agreement with Amazon Web Services (AWS) for generative AI solutions has contributed to a 25% 90-day share price return as of January 10, 2026. Insider trading activity in the past three months indicates more selling than buying by executives.

Specific seasonal demand patterns for Grid Dynamics' products and services are not explicitly detailed. In July 2024, the company noted "uneven market conditions" and "softness in client demand in major customer segments like TMT and Manufacturing". In February 2023, the company observed a "current reset across the demand environment". Grid Dynamics has seen increased demand for its services, particularly in AI-driven initiatives, with its pipeline of AI opportunities growing over 30% from Q2 to Q3 2025.

Grid Dynamics Holdings, Inc. is a global provider of digital transformation services and solutions, specializing in technology consulting, platform and product engineering, and advanced analytics. The company's core business revolves around delivering specialized and intricate technical consulting, software creation, development, quality assurance, and internet service operations. Its major products and services include digital transformation services, software development and engineering, customer experience and personalization, and emerging technologies. The company serves a diverse range of industries, including technology, media, telecom, retail, finance, consumer packaged goods (CPG)/manufacturing, healthcare, and pharma.

Grid Dynamics has a significant global presence, operating with a "follow-the-sun" delivery model across 19 countries. Its geographical segments include the United States, United Kingdom, Netherlands, and other regions. The company has offices and delivery centers across North America, Europe, and Asia. Europe accounts for 65% of the headcount distribution, the Americas for 17%, and other regions for 18%. North America is a significant revenue generator, accounting for 80% of 2024 sales.

Grid Dynamics has maintained a positive brand reputation, particularly in the rapidly evolving AI space. The company has been recognized by industry analysts and organizations, including Forrester, which has named it a "Leading AI Service Provider" for multiple consecutive years. In January 2026, Grid Dynamics entered a multi-year collaboration agreement with Amazon Web Services (AWS) to advance generative AI solutions for enterprise clients. The company has earned the AI and Machine Learning on Microsoft Azure Advanced Specialization. Grid Dynamics introduced a Composable Commerce Starter Kit on Microsoft Azure in November 2024 and released an IoT Control Tower platform for industrial data analytics, employing AI/ML technologies. In June 2025, Grid Dynamics was set to unveil a Robotic Inspection Solution at Automatica 2025, developed in partnership with Wandelbots. The company's focus on AI is a key driver, with AI being the fastest-growing practice and contributing over 25% of its Q3 2025 organic revenue.

Grid Dynamics Holdings, Inc. has a mixed ownership structure comprising institutional, insider, and retail investors. Institutional investors hold a significant portion of the company's stock, ranging from approximately 71.18% to 81.01%. Beijing Teamsun Technology Co Ltd is the largest individual shareholder, owning 48.18 million shares, representing 56.84% of the company. Other significant insiders include Chaserg Technology Sponsor LLC and Leonard Livschitz.