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Grid Dynamics Holdings, Inc. GDYN Free cash flow margin

Free cash flow margin at other companies

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17.2%+2.3pp
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2.8%-2.1pp
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23.2%+3.5pp

Other financials

Income statement

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Revenue$104.1M+3.7%
Gross profit$36.2M-2.1%
Operating income-$3.7M-80.7%
Net income-$1.5M-151%
EPS (diluted)-$0.02-167%

Balance sheet

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Cash & equivalents$327.5M+0.5%
Total debt$17.4M+50.4%
Total equity$530.1M+2.5%
Total assets$605.0M+2.4%

Cash flow

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Operating cash flow$8.4M-10.3%
CapEx$4.0M+18.6%
Free cash flow$4.4M-26.3%

Valuation

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Market cap$435.69M-55.2%
Enterprise value$125.64M-80.9%
P/E82.5×-6.8×
P/S1.1×-1.6×

Profitability

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Gross margin34.1%-2.7pp
Operating margin-1.3%-0.5pp
Net margin1.3%-1.7pp

Returns & leverage

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Return on equity1%-1.4pp
Debt / equity0.0×
Current ratio7.9×+0.6×

Where this comes from

Calculated from Grid Dynamics Holdings, Inc.’s reported figures.

Based on trailing twelve months.

The official record: Grid Dynamics Holdings, Inc.’s 10-Q, filed April 30, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Grid Dynamics Holdings, Inc.'s free cash flow margin?
Grid Dynamics Holdings, Inc. (GDYN) reported free cash flow margin of 5.7% in Q1 2026.
How has Grid Dynamics Holdings, Inc.'s free cash flow margin changed year-over-year?
Grid Dynamics Holdings, Inc.'s free cash flow margin decreased by 13.3% year-over-year, from 6.6% to 5.7%.
What is the long-term trend for Grid Dynamics Holdings, Inc.'s free cash flow margin?
Over 5 years (2020 to 2025), Grid Dynamics Holdings, Inc.'s free cash flow margin has grown at a 13.2% compound annual growth rate (CAGR), from 3.3% to 6.1%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.