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Side-by-side financial comparison of FEDERAL AGRICULTURAL MORTGAGE CORP (AGM) and GRID DYNAMICS HOLDINGS, INC. (GDYN). Click either name above to swap in a different company.

FEDERAL AGRICULTURAL MORTGAGE CORP is the larger business by last-quarter revenue ($107.5M vs $104.1M, roughly 1.0× GRID DYNAMICS HOLDINGS, INC.). On growth, FEDERAL AGRICULTURAL MORTGAGE CORP posted the faster year-over-year revenue change (6.1% vs 3.7%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (12.0% CAGR vs 7.1%).

The Federal Agricultural Mortgage Corporation, also known as Farmer Mac, is a stockholder-owned, federally chartered corporation established by the U.S. Congress in 1988 under the Agricultural Credit Act of 1987. It was created to establish a secondary market for agricultural real estate and housing mortgage loans, to increase liquidity and the availability of long-term, stable credit for farmers, ranchers, and rural communities.

Escape Dynamics, Inc. was a Colorado-based technology company that operated 2010–2015 focused on bringing to market single-stage-to-orbit reusable electromagnetically powered spaceplanes.

AGM vs GDYN — Head-to-Head

Bigger by revenue
AGM
AGM
1.0× larger
AGM
$107.5M
$104.1M
GDYN
Growing faster (revenue YoY)
AGM
AGM
+2.5% gap
AGM
6.1%
3.7%
GDYN
Faster 2-yr revenue CAGR
GDYN
GDYN
Annualised
GDYN
12.0%
7.1%
AGM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
AGM
AGM
GDYN
GDYN
Revenue
$107.5M
$104.1M
Net Profit
$-1.5M
Gross Margin
34.8%
Operating Margin
56.3%
61.7%
Net Margin
-1.4%
Revenue YoY
6.1%
3.7%
Net Profit YoY
-150.6%
EPS (diluted)
$3.69
$-0.02

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AGM
AGM
GDYN
GDYN
Q1 26
$104.1M
Q4 25
$107.5M
$106.2M
Q3 25
$104.0M
$104.2M
Q2 25
$102.6M
$101.1M
Q1 25
$94.3M
$100.4M
Q4 24
$101.3M
$100.3M
Q3 24
$90.3M
$87.4M
Q2 24
$89.9M
$83.0M
Net Profit
AGM
AGM
GDYN
GDYN
Q1 26
$-1.5M
Q4 25
$306.0K
Q3 25
$55.0M
$1.2M
Q2 25
$54.8M
$5.3M
Q1 25
$49.7M
$2.9M
Q4 24
$56.5M
$4.5M
Q3 24
$49.8M
$4.3M
Q2 24
$47.1M
$-817.0K
Gross Margin
AGM
AGM
GDYN
GDYN
Q1 26
34.8%
Q4 25
34.0%
Q3 25
33.3%
Q2 25
34.1%
Q1 25
36.8%
Q4 24
36.9%
Q3 24
37.4%
Q2 24
35.6%
Operating Margin
AGM
AGM
GDYN
GDYN
Q1 26
61.7%
Q4 25
56.3%
0.5%
Q3 25
64.1%
-0.2%
Q2 25
63.8%
-0.1%
Q1 25
66.9%
-2.0%
Q4 24
67.5%
1.3%
Q3 24
69.0%
2.4%
Q2 24
65.9%
0.0%
Net Margin
AGM
AGM
GDYN
GDYN
Q1 26
-1.4%
Q4 25
0.3%
Q3 25
52.9%
1.1%
Q2 25
53.4%
5.2%
Q1 25
52.6%
2.9%
Q4 24
55.8%
4.5%
Q3 24
55.2%
4.9%
Q2 24
52.4%
-1.0%
EPS (diluted)
AGM
AGM
GDYN
GDYN
Q1 26
$-0.02
Q4 25
$3.69
$0.01
Q3 25
$4.44
$0.01
Q2 25
$4.48
$0.06
Q1 25
$4.01
$0.03
Q4 24
$4.62
$0.06
Q3 24
$3.86
$0.05
Q2 24
$3.68
$-0.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AGM
AGM
GDYN
GDYN
Cash + ST InvestmentsLiquidity on hand
$327.5M
Total DebtLower is stronger
$30.8B
Stockholders' EquityBook value
$1.7B
$530.1M
Total Assets
$35.4B
$605.0M
Debt / EquityLower = less leverage
17.93×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AGM
AGM
GDYN
GDYN
Q1 26
$327.5M
Q4 25
$342.1M
Q3 25
$338.6M
Q2 25
$336.8M
Q1 25
$325.5M
Q4 24
$334.7M
Q3 24
$842.1M
$231.3M
Q2 24
$923.0M
$256.0M
Total Debt
AGM
AGM
GDYN
GDYN
Q1 26
Q4 25
$30.8B
Q3 25
$29.2B
Q2 25
$28.9B
Q1 25
$28.0B
Q4 24
$27.5B
Q3 24
$27.2B
Q2 24
$26.8B
Stockholders' Equity
AGM
AGM
GDYN
GDYN
Q1 26
$530.1M
Q4 25
$1.7B
$542.1M
Q3 25
$1.7B
$537.7M
Q2 25
$1.5B
$532.2M
Q1 25
$1.5B
$517.4M
Q4 24
$1.5B
$517.8M
Q3 24
$1.5B
$400.2M
Q2 24
$1.5B
$388.4M
Total Assets
AGM
AGM
GDYN
GDYN
Q1 26
$605.0M
Q4 25
$35.4B
$612.9M
Q3 25
$33.4B
$613.2M
Q2 25
$33.0B
$608.9M
Q1 25
$31.8B
$590.9M
Q4 24
$31.3B
$592.2M
Q3 24
$30.6B
$477.3M
Q2 24
$30.2B
$443.6M
Debt / Equity
AGM
AGM
GDYN
GDYN
Q1 26
Q4 25
17.93×
Q3 25
17.31×
Q2 25
18.70×
Q1 25
18.39×
Q4 24
18.48×
Q3 24
18.60×
Q2 24
17.87×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AGM
AGM
GDYN
GDYN
Operating Cash FlowLast quarter
$80.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AGM
AGM
GDYN
GDYN
Q1 26
Q4 25
$80.1M
$9.9M
Q3 25
$74.2M
$7.0M
Q2 25
$-47.7M
$14.4M
Q1 25
$-49.8M
$9.4M
Q4 24
$612.6M
$7.1M
Q3 24
$-44.4M
$9.2M
Q2 24
$56.1M
$10.7M
Free Cash Flow
AGM
AGM
GDYN
GDYN
Q1 26
Q4 25
$6.1M
Q3 25
$2.9M
Q2 25
$10.2M
Q1 25
$6.0M
Q4 24
$607.4M
$4.4M
Q3 24
$-44.4M
$5.9M
Q2 24
$52.6M
$8.0M
FCF Margin
AGM
AGM
GDYN
GDYN
Q1 26
Q4 25
5.7%
Q3 25
2.8%
Q2 25
10.1%
Q1 25
6.0%
Q4 24
599.8%
4.4%
Q3 24
-49.2%
6.8%
Q2 24
58.5%
9.7%
Capex Intensity
AGM
AGM
GDYN
GDYN
Q1 26
Q4 25
0.0%
3.6%
Q3 25
0.0%
3.9%
Q2 25
0.0%
4.1%
Q1 25
0.0%
3.3%
Q4 24
5.2%
2.6%
Q3 24
0.1%
3.7%
Q2 24
4.0%
3.2%
Cash Conversion
AGM
AGM
GDYN
GDYN
Q1 26
Q4 25
32.34×
Q3 25
1.35×
5.92×
Q2 25
-0.87×
2.73×
Q1 25
-1.00×
3.21×
Q4 24
10.84×
1.56×
Q3 24
-0.89×
2.15×
Q2 24
1.19×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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