Grid Dynamics Holdings (GDYN) FCF Margin (2019 - 2026)
Grid Dynamics Holdings (GDYN) posted FCF Margin of 2.33% for Q2 2026, down 45.18% sequentially from 4.26% in Q1 2026, and down 776.0% YoY from 0.35% in Q2 2025.
Grid Dynamics Holdings (GDYN) FCF Margin (2019 - 2026) Analysis & Trends
Grid Dynamics Holdings has reported FCF Margin for 8 years, with the latest figure at 2.33% in Q2 2026.
- Quarterly FCF Margin fell 776.0% year-over-year to 2.33% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 3.79% (down 304.0% YoY) and the FY2025 annual result came in at 6.14%, up 88.0% from the prior year.
- FCF Margin slipped to 2.33% in Q2 2026 per GDYN's latest filing, from 4.26% in the prior quarter.
- Over five years, FCF Margin peaked at 12.81% in Q4 2022 and troughed at 0.05% in Q1 2024.
- A 5-year average of 7.1% and a median of 6.37% in 2023 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2022 and 2024: FCF Margin jumped 1038 bps in 2022, then slumped 1254 bps in 2024.
- Over 5 years, 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 soared by 30 bps to 5.75% in 2025, then slumped by 59 bps to 2.33% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 2.33%, 4.26%, and 5.75% for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 13.80% |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 19.23% |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | - |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | 15.08% |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 8.37% |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 7.82% |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 28.94% |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | 14.81% |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 16.70% |
| 10 | Grid Dynamics Holdings | 650.04 Mn | 351.61 Mn | 39.62 Mn | 2.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.33% |
| 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% |