Grid Dynamics Holdings (GDYN) Free Cash Flow (2018 - 2026)

Grid Dynamics Holdings' (GDYN) quarterly Free Cash Flow came in at $4.4 million in Q1 2026, down 26.3% year-on-year from $6.0 million in Q1 2025, and down 27.35% quarter-over-quarter from $6.1 million in Q4 2025.

Grid Dynamics Holdings (GDYN) Free Cash Flow (2018 - 2026) Analysis & Trends

Grid Dynamics Holdings has disclosed Free Cash Flow across 9 years of filings, most recently posting $4.4 million for Q1 2026.

  • Free Cash Flow for Q1 2026 came in at $4.4 million, down 26.3% year-over-year; the trailing twelve-month figure through Mar 2026 was $23.7 million (down 2.93% YoY), and the FY2025 annual result was $25.3 million, up 37.08% from the prior year.
  • Free Cash Flow came in at $4.4 million for Q1 2026 at Grid Dynamics Holdings, down from $6.1 million in the prior quarter.
  • In the past five years, Free Cash Flow ranged from a high of $10.3 million in Q4 2022 to a low of $43000.0 in Q1 2024.
  • The 5-year median for Free Cash Flow is $6.0 million (2025), against an average of $6.3 million.
  • Across the five-year window, Free Cash Flow plunged 99.57% in 2024 and surged 13881.4% in 2025, its largest moves.
  • Grid Dynamics Holdings' Free Cash Flow stood at $10.3 million in 2022, then slumped by 48.87% to $5.3 million in 2023, then retreated by 16.12% to $4.4 million in 2024, then surged by 37.74% to $6.1 million in 2025, then retreated by 27.35% to $4.4 million in 2026.
  • The last three Free Cash Flow figures came in at $4.4 million (Q1 2026), $6.1 million (Q4 2025), and $2.9 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (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 4.94 Bn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn 347.11 Mn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 3.67 Bn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 198.00 Mn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 502.00 Mn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 260.30 Mn
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 248.40 Mn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 270.00 Mn
10 Grid Dynamics Holdings 554.65 Mn 227.19 Mn 36.23 Mn 4.43 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.43 Mn
Mar 31, 2026 4.43 Mn
Dec 31, 2025 6.10 Mn
Dec 31, 2025 6.10 Mn
Sep 30, 2025 2.95 Mn
Sep 30, 2025 2.95 Mn
Jun 30, 2025 10.21 Mn
Jun 30, 2025 10.21 Mn
Mar 31, 2025 6.01 Mn
Mar 31, 2025 6.01 Mn
Dec 31, 2024 4.43 Mn
Dec 31, 2024 4.43 Mn
Sep 30, 2024 5.94 Mn
Sep 30, 2024 5.94 Mn
Jun 30, 2024 8.03 Mn
Jun 30, 2024 8.03 Mn
Mar 31, 2024 43,000.00
Mar 31, 2024 43,000.00
Dec 31, 2023 5.28 Mn
Dec 31, 2023 5.28 Mn