Grid Dynamics Holdings (GDYN) FCF Margin (2019 - 2026)

Grid Dynamics Holdings (GDYN) reported FCF Margin of 4.26% for Q1 2026, down 173.0% on a YoY basis from 5.83% in Q1 2025, and down 25.92% sequentially from 5.75% in Q4 2025.

Grid Dynamics Holdings (GDYN) FCF Margin (2019 - 2026) Analysis & Trends

Grid Dynamics Holdings (GDYN) has 8 years of FCF Margin data on file, last reported at 4.26% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin fell 173.0% year-over-year to 4.26%; the trailing twelve-month figure through Mar 2026 stood at 5.7% (down 87.0% YoY), and the FY2025 full-year result was 6.14%, up 88.0% from the prior year.
  • FCF Margin declined to 4.26% in Q1 2026, 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.
  • A 5-year average of 7.38% and a median of 6.76% in 2023 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin surged 1038 bps in 2022 and plunged 1254 bps in 2024, its largest moves.
  • Tracing GDYN's FCF Margin over 5 years: stood at 12.81% in 2022, then tumbled by 47 bps to 6.76% in 2023, then slumped by 35 bps to 4.42% in 2024, then soared by 30 bps to 5.75% in 2025, then retreated by 26 bps to 4.26% in 2026.
  • Business Quant data shows GDYN's FCF Margin at 4.26% in Q1 2026, 5.75% in Q4 2025, and 2.83% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 International Business Machines 203.41 Bn 192.05 Bn 9.91 Bn 13.80%
2 Accenture 94.51 Bn 84.34 Bn 6.13 Bn 19.23%
3 Cgi 61.45 Bn 60.80 Bn - 0.76%
4 GDS Holdings 48.28 Bn 46.13 Bn 164.04 Mn 36.02%
5 Infosys 46.87 Bn 46.87 Bn 1.60 Bn -
6 Cognizant Technology Solutions 22.53 Bn 21.02 Bn 1.78 Bn 3.66%
7 Fidelity National Information Services 22.21 Bn 21.45 Bn 1.11 Bn 20.12%
8 Wipro 19.72 Bn 15.54 Bn 738.00 Mn 1.38%
9 Broadridge Financial Solutions 17.88 Bn 17.57 Bn 626.90 Mn 15.00%
10 Grid Dynamics Holdings 505.12 Mn 177.65 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%