Grid Dynamics Holdings (GDYN) EV to FCF (2019 - 2026)
Grid Dynamics Holdings' (GDYN) EV to FCF came in at 10.13 for Q2 2026, down 58.0% from 24.09 a year earlier but up 61.1% from the prior quarter.
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Analysis
Grid Dynamics Holdings (GDYN) EV to FCF (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to FCF at Grid Dynamics Holdings was -52.87; for FY2025, it came in at 16.71, down 79.8% from FY2024.
- In prior years, Grid Dynamics Holdings' EV to FCF was 82.73 in FY2024 (+264.3%), 22.71 in FY2023 (+1.0%), 22.49 in FY2022 (-87.5%) and 180.58 in FY2021 (+25.8%).
- Quarterly EV to FCF has run from a low of 6.29 in Q1 2026 to a high of 180.58 in Q4 2021 over five years.
- On a year-over-year basis, EV to FCF has declined in each of the last five quarters, with growth averaging 19.9% over the last eight quarters.
- The strongest year-over-year quarter for EV to FCF in the past five years was Q4 2024, with growth of 264.3%; the weakest was Q4 2022, with a decline of 87.5%.
- According to Business Quant data, EV to FCF for the three prior quarters was 6.29 (Q1 2026), 16.71 (Q4 2025) and 13.33 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 43.52 Bn | 43.57 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 25.96 Bn | 19.13 Bn | 1.83 Bn |
| 3 | Td Synnex | 20.53 Bn | 14.56 Bn | 1.34 Bn |
| 4 | Cdw | 16.06 Bn | 14.05 Bn | 1.32 Bn |
| 5 | Cgi | 15.14 Bn | 12.92 Bn | - |
| 6 | Arrow Electronics | 11.55 Bn | 10.58 Bn | 1.13 Bn |
| 7 | Avnet | 8.20 Bn | 7.38 Bn | 865.03 Mn |
| 8 | Ingram Micro Holding | 6.32 Bn | 1.92 Bn | 958.68 Mn |
| 9 | EPAM Systems | 5.59 Bn | 1.23 Bn | 429.57 Mn |
| 10 | Grid Dynamics Holdings | 638.86 Mn | -667.64 Mn | 39.62 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.13 |
| Mar 31, 2026 | 6.29 |
| Dec 31, 2025 | 16.71 |
| Sep 30, 2025 | 13.33 |
| Jun 30, 2025 | 24.09 |
| Mar 31, 2025 | 40.85 |
| Dec 31, 2024 | 82.73 |
| Sep 30, 2024 | 43.72 |
| Jun 30, 2024 | 24.47 |
| Mar 31, 2024 | 29.81 |
| Dec 31, 2023 | 22.71 |
| Sep 30, 2023 | 17.43 |
| Jun 30, 2023 | 13.95 |
| Mar 31, 2023 | 21.58 |
| Dec 31, 2022 | 22.49 |
| Sep 30, 2022 | 67.01 |
| Jun 30, 2022 | 47.53 |
| Mar 31, 2022 | 41.78 |
| Dec 31, 2021 | 180.58 |
| Sep 30, 2021 | 122.31 |
API Access
Grid Dynamics Holdings EV to FCF API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=GDYN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "ticker": "GDYN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-fcf&ticker=GDYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();