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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$614.94M-4.1%
Enterprise value$304.89M-4.5%
P/E116.4×+78.7×
P/S1.5×-0.2×

Profitability

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Gross margin34.1%-2.7pp
Operating margin-1.3%-0.5pp
Net margin1.3%-1.7pp
FCF margin5.7%-0.9pp

Returns & leverage

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

Where this comes from

Reported directly by Grid Dynamics Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:NetCashProvidedByUsedInInvestingActivities.

The source filing: Grid Dynamics Holdings, Inc.’s 10-Q, filed April 30, 2026.

Filed
Apr 30, 2026, 4:40 PM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001743725-26-000014
Line itemThree Months Ended March 31, 2026Three Months Ended March 31, 2025
Net cash provided by operating activities8,3919,351
Cash flows from investing activities
Purchase of property and equipment(3,960)(3,339)
Net cash used in investing activities(3,960)(3,339)
Cash flows from financing activities
Payments for repurchases of common stock(11,464)
Payments of tax obligations resulting from net share settlement of vested stock awards(3,993)(16,236)
Payment of contingent consideration related to previously acquired businesses(2,120)

Item 1. Financial Statements (Unaudited)

FAQ

What is Grid Dynamics Holdings, Inc.'s investing cash flow?
Grid Dynamics Holdings, Inc. (GDYN) reported investing cash flow of -$3.96M in Q1 2026.
How has Grid Dynamics Holdings, Inc.'s investing cash flow changed year-over-year?
Grid Dynamics Holdings, Inc.'s investing cash flow decreased by 18.6% year-over-year, from -$3.34M to -$3.96M.
What is the long-term trend for Grid Dynamics Holdings, Inc.'s investing cash flow?
Over 4 years (2021 to 2025), Grid Dynamics Holdings, Inc.'s investing cash flow has grown at a -19.1% compound annual growth rate (CAGR), from -$35.37M to -$15.14M.
What does investing cash flow mean?
Total net cash provided by or used in investing activities — capex, acquisitions, investment purchases/sales, and other investing items.

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