Grid Dynamics Holdings, Inc. (NASDAQ: GDYN)

Grid Dynamics Holdings, Inc. is an Enterprise Artificial Intelligence transformation partner for the Fortune 1000. The company combines deep AI expertise with enterprise scale delivery to help clients identify where to invest in AI build systems that operate at scale and capture measurable business value from AI deployments. Its technical foundation spans distributed systems real time data machine learning algorithms and natural language processing which have converged into what the firm calls Enterprise AI. Founded in 2006 and headquartered in Silicon Valley the firm leverages nearly two decades of technology leadership to serve large enterprises seeking custom engineered AI solutions.

Grid Dynamics generates revenue by providing a suite of professional services that span artificial intelligence cloud platform and product engineering digital engagement Internet of Things and edge computing and data and AI platforms. The firm’s AI services guide clients through readiness assessments use case identification robust infrastructure deployment and enterprise wide scaling. Cloud platform and product engineering modernizes legacy systems and builds cloud native platforms that support continuous delivery and AI integration. Digital engagement delivers composable commerce and customer experience solutions that embed AI throughout the buying journey. Internet of Things and edge computing offerings enable manufacturers and logistics providers to implement physical AI for operational safety and intelligence. Data and AI platform services create the infrastructure needed for scalable analytics machine learning operations and real time streaming. Customers are primarily Fortune 1000 enterprises that seek measurable outcomes such as increased revenue reduced costs or improved satisfaction.

The company operates through the following industry focused verticals: Retail, Technology, Media and Telecom, Finance, CPG/Manufacturing, Healthcare and Pharma, and Other.

• Retail: This segment provides AI powered discovery through visual search, conversational AI, and intelligent merchandising; composable commerce with headless architectures; omnichannel fulfillment including real time inventory, intelligent routing, and last mile optimization; and physical AI for in store robotics, computer vision, and digital twin simulation.

• Technology Media and Telecom: This segment serves technology native clients that demand cutting edge AI capabilities at scale including technology companies, media enterprises, and telecommunications providers with cloud platform engineering, AI native application development, data platforms, and scalability solutions.

• Finance: This segment serves banks, insurance companies, wealth management firms, and fintech innovators with solutions spanning AI powered bitemporal analytics, agentic regulatory compliance automation, customer experience platforms, financial advisor AI copilots, and core banking modernization.

• CPG Manufacturing: This segment serves CPG companies and manufacturers with AI powered operations solutions including smart manufacturing, supply chain optimization platforms, IoT implementations, anomaly detection, predictive maintenance, visual process monitoring, digital twins, and collaborative robotics applications.

• Healthcare and Pharma: This segment serves leading companies with cloud app modernization, data science, and digital commerce solutions to accelerate drug development, product development, and time to market, optimize marketing and sales operations, and personalize customer experiences with data insights and automation.

• Other: This segment serves clients in other sectors where AI and engineering capabilities create value requiring domain specific solutions.

Grid Dynamics positions itself as a leader in the enterprise AI services market by emphasizing its AI native heritage deep technical expertise and a delivery model that prioritizes senior engineering talent over volume staffing. The firm differentiates itself from generalist consultancies and traditional IT services providers through its focus on production grade AI engineering proprietary solution accelerators and strategic alliances with hyperscale cloud providers and AI technology leaders such as Google Cloud AWS Microsoft Azure NVIDIA and Temporal Technologies. Competitors include large global IT services firms like Accenture EPAM and Capgemini as well as specialized AI consultancies and offshore providers such as Cognizant Infosys TCS and Wipro. The company’s competitive strengths lie in its combination of deep AI expertise proven frameworks a culture of engineering excellence and a global delivery model that enables round the clock development.

Grid Dynamics serves Fortune 1000 companies across multiple industries with a concentration of revenue among a limited number of large accounts. In the year ended December 31, 2025 a single customer accounted for 15.4% of total revenue and the ten largest customers together contributed 57.7% of revenue. The firm’s customer base includes major retailers, technology and telecom enterprises, banks and financial institutions, consumer packaged goods manufacturers, and healthcare and pharmaceutical companies. While the filing does not disclose specific customer names it indicates that the company’s vertical focus covers retail, technology media and telecom, finance, CPG manufacturing, and healthcare and pharma sectors.