Vasily Sizov
Chief Revenue Officer
Replay available
Grid Dynamics Holdings, Inc. (GDYN) Q2 2026 Earnings Call
Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) Q2 2026 earnings conference call, held 2026-07-30. Replay captured from the company's public earnings webcast.
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Yury Gryzlov
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Mayank Tandon
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Brian Berger
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Pruneet Jain
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Matt Desort
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Surinder Tin
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Investor webinar replay
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Replay transcript excerpt
WEBVTT 00:00:00.151 -- 00:00:03.933 Good afternoon, everyone, and thank you for joining us today. 00:00:03.933 -- 00:00:09.396 We delivered a solid second quarter, consolidated revenue of 00:00:09.396 -- 00:00:14.539 $108.2 million, above the high end of our guidance range and 00:00:14.539 -- 00:00:19.863 ahead of Wall Street expectations, with non-GAAP earnings of $14.7 00:00:19.863 -- 00:00:23.745 million, which also is beating consensus. 00:00:23.745 -- 00:00:29.754 As you may recall from my last quarter commentary, there were three areas I highlighted. 00:00:29.754 -- 00:00:35.262 First, improving revenue trends, especially with key accounts in the areas of technology 00:00:35.262 -- 00:00:40.510 and financial services. Second, our AI adoption and growth. 00:00:40.510 -- 00:00:43.851 And third, improving profitability trends. 00:00:43.851 -- 00:00:48.895 I am happy to report that on all three fronts our execution 00:00:48.895 -- 00:00:54.320 is solid and we are seeing the benefits. Growing top accounts relationships, continued 00:00:54.320 -- 00:00:59.504 AI momentum with expanded capabilities in robotic and physical AI, and solid 00:00:59.504 -- 00:01:05.468 progress toward our 300 basis point margin expansion commitments. 00:01:05.472 -- 00:01:10.574 For the second consecutive quarter, our top accounts are in technology and financial 00:01:10.574 -- 00:01:16.197 services. Technology and financial services now define our 00:01:16.197 -- 00:01:21.939 most strategic customer relationships and those precisely the sectors 00:01:21.939 -- 00:01:27.081 where AI adoption is moving fastest and where our capabilities 00:01:27.081 -- 00:01:29.068 are the most differentiated. 00:01:29.068 -- 00:01:32.230 Our top accounts continue to drive our growth. 00:01:32.230 -- 00:01:...