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). Read GDYN total liabilities for a breakdown of total debt and financial obligations.

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 capital reinvestment ratio of Grid Dynamics Holdings Inc to see what proportion of operating cash flow is directed to capital expenditures.

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 market value of Grid Dynamics Holdings Inc.

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).