Grid Dynamics Holdings, Inc. (GDYN)
NASDAQ: GDYN · Real-Time Price · USD
8.03
+0.06 (0.75%)
Aug 31, 2026, 3:52 PM EDT - Market open
Grid Dynamics Holdings Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 2.86 | 9.67 | 4.04 | -1.77 | -29.21 | -7.7 |
Depreciation & Amortization | 25.86 | 24.8 | 18.74 | 12.12 | 9.65 | 5.05 |
Stock-Based Compensation | 25.77 | 30.34 | 34.17 | 35.52 | 60.97 | 33.04 |
Provision & Write-off of Bad Debts | 1.49 | 1.03 | 2.3 | 0.95 | 0.13 | 0.05 |
Other Operating Activities | -3.02 | -8.26 | -7.1 | -8.04 | -3.56 | 3.59 |
Change in Accounts Receivable | -17.77 | -11.15 | -9.49 | 2.08 | -9.85 | -19.53 |
Change in Accounts Payable | -1.38 | -0.38 | -1.5 | -0.54 | 1.73 | 0.96 |
Change in Income Taxes | -1.73 | -5.62 | 0.42 | -1.84 | 5.08 | 0.77 |
Change in Other Net Operating Assets | -0.72 | 0.16 | -11.37 | 2.61 | -3.27 | 1.75 |
Operating Cash Flow | 31.36 | 40.6 | 30.2 | 41.09 | 31.65 | 17.97 |
Operating Cash Flow Growth | -21.62% | 34.45% | -26.51% | 29.83% | 76.11% | 202.98% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -15.36 | -15.33 | -11.77 | -7.87 | -6.07 | -4.72 |
Cash Acquisitions | -13.85 | 0.2 | -43.07 | -17.83 | -9.25 | -30.65 |
Investment in Securities | - | - | 3.58 | - | -1 | - |
Other Investing Activities | -0.2 | - | -0.04 | -0.25 | - | - |
Investing Cash Flow | -29.41 | -15.14 | -51.3 | -25.95 | -16.32 | -35.37 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | - | - | 5 | - |
Total Debt Issued | - | - | - | - | 5 | - |
Short-Term Debt Repaid | - | - | - | - | -5 | - |
Total Debt Repaid | - | - | - | - | -5 | - |
Issuance of Common Stock | - | 0.47 | 110.33 | 0.51 | 110.97 | 126.46 |
Repurchase of Common Stock | -36.12 | -20.15 | -8.7 | -16.83 | -5.76 | -76.82 |
Other Financing Activities | -2.12 | -0.25 | -0.47 | - | -7.46 | -0.5 |
Financing Cash Flow | -38.24 | -19.94 | 101.16 | -16.32 | 97.76 | 49.13 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -2.16 | 1.38 | -2.13 | 1.68 | -0.72 | -0.12 |
Net Cash Flow | -38.45 | 6.9 | 77.93 | 0.5 | 112.37 | 31.62 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 16 | 25.27 | 18.43 | 33.22 | 25.58 | 13.26 |
Free Cash Flow Growth | -39.81% | 37.08% | -44.52% | 29.86% | 92.98% | 260.25% |
Free Cash Flow Margin | 3.79% | 6.13% | 5.26% | 10.62% | 8.24% | 6.28% |
Free Cash Flow Per Share | 0.19 | 0.29 | 0.23 | 0.44 | 0.37 | 0.23 |
Levered Free Cash Flow | 22.72 | 28.36 | 33.46 | 40.42 | 51.54 | 19.46 |
Unlevered Free Cash Flow | 22.72 | 28.36 | 33.46 | 40.42 | 51.54 | 19.46 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Income Tax Paid | 9.67 | 12.36 | 10.97 | 12.37 | 7.47 | 2.45 |
Change in Working Capital | -21.59 | -16.98 | -21.94 | 2.32 | -6.32 | -16.05 |