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
DateValue
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%