Grid Dynamics Holdings (GDYN) Free Cash Flow (2018 - 2026)
Grid Dynamics Holdings (GDYN) posted Free Cash Flow of $2.5 million for Q2 2026, down 43.04% sequentially from $4.4 million in Q1 2026, and down 75.27% YoY from $10.2 million in Q2 2025.
Grid Dynamics Holdings (GDYN) Free Cash Flow (2018 - 2026) Analysis & Trends
Grid Dynamics Holdings has reported Free Cash Flow for 9 years, with the latest figure at $2.5 million in Q2 2026.
- Quarterly Free Cash Flow fell 75.27% year-over-year to $2.5 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $16.0 million (down 39.81% YoY) and the FY2025 annual result came in at $25.3 million, up 37.08% from the prior year.
- Free Cash Flow retreated to $2.5 million in Q2 2026 per GDYN's latest filing, from $4.4 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $10.3 million in Q4 2022 and troughed at $43000.0 in Q1 2024.
- A 5-year average of $6.1 million and a median of $6.0 million in 2024 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2024 and 2025: Free Cash Flow plunged 99.57% in 2024, then jumped 13881.4% in 2025.
- Over 5 years, Free Cash Flow stood at $10.3 million in 2022, then slumped by 48.87% to $5.3 million in 2023, then slipped by 16.12% to $4.4 million in 2024, then jumped by 37.74% to $6.1 million in 2025, then tumbled by 58.62% to $2.5 million in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $2.5 million, $4.4 million, and $6.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 222.17 Bn | 210.81 Bn | 9.91 Bn | 2.37 Bn |
| 2 | Accenture | 113.08 Bn | 102.91 Bn | 6.13 Bn | 3.60 Bn |
| 3 | Infosys | 48.61 Bn | 48.61 Bn | 1.60 Bn | - |
| 4 | Cgi | 33.08 Bn | 32.62 Bn | - | 457.05 Mn |
| 5 | Cognizant Technology Solutions | 28.83 Bn | 27.78 Bn | 1.83 Bn | 459.00 Mn |
| 6 | Fidelity National Information Services | 21.35 Bn | 20.61 Bn | 1.17 Bn | 264.00 Mn |
| 7 | Broadridge Financial Solutions | 21.18 Bn | 20.78 Bn | 853.00 Mn | 642.50 Mn |
| 8 | Wipro | 19.66 Bn | 18.59 Bn | 738.00 Mn | 383.00 Mn |
| 9 | Leidos Holdings | 17.81 Bn | 17.07 Bn | 817.00 Mn | 761.00 Mn |
| 10 | Grid Dynamics Holdings | 659.91 Mn | 361.48 Mn | 39.62 Mn | 2.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.52 Mn |
| Jun 30, 2026 | 2.52 Mn |
| 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 |