Risk factors

Grid Dynamics Holdings (GDYN) risk factors

Item 1A of every Grid Dynamics Holdings, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

  • FY2025 10-K risk factors
    60 risks3 new2 dropped13 reworded

    Grid Dynamics added new risk disclosures around geopolitical disruptions, change-of-control contract terminations, and global trade tariff impacts on customers. Artificial intelligence risks were expanded to highlight fast-evolving generative and agentic AI technologies.

    Filed Mar 05, 2026
  • FY2024 10-K risk factors
    59 risks

    Grid Dynamics is exposed to high customer concentration, generating over 55% of revenue from its top 10 clients. The company faces geopolitical and operational risks from its heavy reliance on personnel and delivery centers in Ukraine and Eastern Europe. Rapid technological shifts, particularly in artificial intelligence, require continuous adaptation and create new regulatory and competitive pressures.

    Filed Feb 27, 2025