Grid Dynamics Holdings Inc (GDYN) — Free Cash Flow Generation Index

Latest as of March 2026: 0.53x

Grid Dynamics Holdings Inc (GDYN) has a Free Cash Flow Generation Index of 0.53x as of March 2026. Free cash flow of $4.43 Million represents 1% of operating cash flow ($8.39 Million). See GDYN working capital efficiency to evaluate short-term liquidity relative to the company's equity base.

FCF Generation Index

0.53x
Free Cash Flow / Operating CF

Free Cash Flow

$4.43 Million
USD

Operating Cash Flow

$8.39 Million
USD

Capital Expenditures

$3.96 Million
USD

Grid Dynamics Holdings Inc Free Cash Flow Generation Index (2017–2025)

Historical FCF Generation Index trend for Grid Dynamics Holdings Inc across 9 annual periods. Explore GDYN debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Annual Free Cash Flow Generation for Grid Dynamics Holdings Inc (2017–2025)

Year-by-year Free Cash Flow Generation Index for Grid Dynamics Holdings Inc. For the full company profile including market capitalisation, see Grid Dynamics Holdings Inc stock valuation.

Year FCG Index Free Cash Flow (USD) Operating CF Capital Expenditures YoY Change
2025 0.62x $25.27 Million $40.60 Million $15.33 Million ▲ +2.0%
2024 0.61x $18.43 Million $30.20 Million $11.77 Million ▼ -24.5%
2023 0.81x $33.22 Million $41.09 Million $7.87 Million ▲ +0.0%
2022 0.81x $25.58 Million $31.65 Million $6.07 Million ▲ +9.6%
2021 0.74x $13.26 Million $17.97 Million $4.72 Million ▲ +18.9%
2020 0.62x $3.68 Million $5.93 Million $2.25 Million ▼ -20.0%
2019 0.78x $9.72 Million $12.53 Million $2.81 Million ▲ +9.4%
2018 0.71x $7.50 Million $10.58 Million $3.08 Million ▼ -12.4%
2017 0.81x $4.48 Million $5.54 Million $1.06 Million
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).