Grid Dynamics Holdings Inc. 2026年季度报告

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).YesNo As of April24, 2026, there were 83,626,054 shares of registrant’s common stock outstanding. TABLE OF CONTENTS PART I. FINANCIAL INFORMATION PART II. OTHER INFORMATION Item 1.Legal Proceedings32Item 1A.Risk Factors32 CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Quarterly Report on Form 10-Q contains forward-looking statements within the meaning of the federal securities laws, whichstatements involve substantial risks and uncertainties. Forward-looking statements generally relate to future events or our futurefinancial or operating performance. Forward-looking statements include all statements that are not historical facts and can be identifiedby terms such as “anticipates,” “believes,” “could,” “seeks,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” •the rapid evolution of the digital engineering and information technology services landscape facing our customers andprospects, including as a result of artificial intelligence (“AI”) and related technologies; •our ability to educate the market regarding the advantages of our digital transformation products; •our ability to maintain an adequate rate of revenue growth;•our future financial and operating results;•our business plan and our ability to effectively manage our growth and associated investments;•beliefs and objectives for future operations;•our ability to maintain and expand a leadership position in enterprise-level digital transformation;•our ability to attract and retain customers;•our ability to further penetrate our existing customer base;•our ability to maintain our competitive technological advantages against new entrants and existing companies in our industry;•our ability to timely and effectively scale and adapt our existing technology;•our ability to innovate new products and services and bring them to market in a timely manner;•our ability to maintain, protect, and enhance our brand and intellectual property;•our increasing use of artificial intelligence;•our cyber security systems and protocols;•our ability to capitalize on changing market conditions;•our ability to develop strategic partnerships;•benefits associated with the use of our services;•our ability to expand internationally and to integrate companies that we acquire; •our ability to raise financing in the future; •operating expenses, including changes in research and development, sales and marketing, and general administrativeexpenses; •the effects of seasonal trends on our results of operations;•our ability to grow and manage growth profitably and retain our key employees;•our ability to realize the expected benefits and effects of strategic acquisitions of business, products or technologies; •changes in applicable laws or regulations; •the military action launched by Russian forces in Ukraine, the actions that have been and could be taken by other countries,including new and stricter sanctions and actions taken in response to such sanctions, and the effect of recent worsening •the possibility that we have been and may continue to be adversely affected by macroeconomic conditions, inflationarypressures, the geopolitical climate, including as a result of the conflict with Iran, the risk of recession, the impact of tariffs and •other risks and uncertainties indicated in this Quarterly Report on Form 10-Q and our Annual Report on Form 10-K,including those set forth in Item 1A, “Risk Factors.” Table of Contents We caution you that the foregoing list may not contain all of the forward-looking statements made in this Quarterly Report on Form You should not rely upon forward-looking statements as predictions of future events. We have based the forward-looking statementscontained in this Quarterly Report on Form 10-Q primarily on our current expectations and projections about future events and trendsthat we believe may affect our business, financial condition, results of operations, and prospects. The outcome of the events describedin these forward-looking statements is subject to risks, uncertainties, and other factors, including those described in Item 1A, “RiskFactors” and elsewhere in this Quarterly Report on Form 10-Q and in Item 1A, “Risk Factors” in our Annual Report on Form 10-K.Moreover, new risks and uncertainties emerge from time to time and it is not possible for us to predict all risks and uncertainties that Neither we nor any other person assumes responsibility for the accuracy and completeness of any of these forward-looking statements.Moreover, the forward-looking statements made in this Quarterly Report on Form 10-Q relate only to events as of the date on whichthe statements are made. We undertake no obligation to update any forward-looking statements made in this Quarterly Report on Form10-Q to reflect events or circumstances after the date of this Quarterly Report on Form 10-Q or to reflect