Grid Dynamics Holdings (GDYN) FCF Margin (2019 - 2026)
Grid Dynamics Holdings' (GDYN) quarterly FCF Margin came in at 4.26% in Q1 2026, down 173.0% year-on-year from 5.83% in Q1 2025, and down 25.92% quarter-over-quarter from 5.75% in Q4 2025.
Grid Dynamics Holdings (GDYN) FCF Margin (2019 - 2026) Analysis & Trends
Grid Dynamics Holdings has disclosed FCF Margin across 8 years of filings, most recently posting 4.26% for Q1 2026.
- FCF Margin for Q1 2026 came in at 4.26%, down 173.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 5.7% (down 87.0% YoY), and the FY2025 annual result was 6.14%, up 88.0% from the prior year.
- FCF Margin came in at 4.26% for Q1 2026 at Grid Dynamics Holdings, down from 5.75% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 12.81% in Q4 2022 to a low of 0.05% in Q1 2024.
- The 5-year median for FCF Margin is 6.76% (2023), against an average of 7.38%.
- Across the five-year window, FCF Margin surged 1038 bps in 2022 and slumped 1254 bps in 2024, its largest moves.
- Grid Dynamics Holdings' FCF Margin stood at 12.81% in 2022, then slumped by 47 bps to 6.76% in 2023, then sank by 35 bps to 4.42% in 2024, then jumped by 30 bps to 5.75% in 2025, then decreased by 26 bps to 4.26% in 2026.
- The last three FCF Margin figures came in at 4.26% (Q1 2026), 5.75% (Q4 2025), and 2.83% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | - |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 31.02% |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | 13.44% |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 20.33% |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 3.66% |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 15.24% |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 13.32% |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 4.37% |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 6.14% |
| 10 | Grid Dynamics Holdings | 554.65 Mn | 227.19 Mn | 36.23 Mn | 4.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 4.26% |
| Dec 31, 2025 | 5.75% |
| Sep 30, 2025 | 2.83% |
| Jun 30, 2025 | 10.10% |
| Mar 31, 2025 | 5.99% |
| Dec 31, 2024 | 4.42% |
| Sep 30, 2024 | 6.79% |
| Jun 30, 2024 | 9.67% |
| Mar 31, 2024 | 0.05% |
| Dec 31, 2023 | 6.76% |
| Sep 30, 2023 | 11.78% |
| Jun 30, 2023 | 11.30% |
| Mar 31, 2023 | 12.59% |
| Dec 31, 2022 | 12.81% |
| Sep 30, 2022 | 3.88% |
| Jun 30, 2022 | 5.49% |
| Mar 31, 2022 | 11.01% |
| Dec 31, 2021 | 2.43% |
| Sep 30, 2021 | 11.96% |
| Jun 30, 2021 | 5.28% |