Matt Stotler's questions to Grid Dynamics Holdings Inc (GDYN) leadership • Q2 2025
Question
Matt Stotler, on for Maggie Nolan of William Blair, asked for the outlook on partner-influenced revenue growth for the second half of the year and which partners beyond hyperscalers are gaining traction. He also questioned the reason for the decline in total client count and when that metric might stabilize.
Answer
CEO Leonard Livschitz detailed a multi-faceted partnership strategy that includes hyperscalers, foundational technology players, robotics companies, and innovative AI startups. CTO Eugene Steinberg added that traction with Google is growing in Europe. Regarding client count, CFO Anil Doradla explained the decline is a deliberate result of rationalizing smaller, non-strategic clients, many from past acquisitions, to focus on larger enterprise accounts. He expects this trend to continue in the near term.