vs

Side-by-side financial comparison of Commercial Vehicle Group, Inc. (CVGI) and GRID DYNAMICS HOLDINGS, INC. (GDYN). Click either name above to swap in a different company.

Commercial Vehicle Group, Inc. is the larger business by last-quarter revenue ($154.8M vs $104.1M, roughly 1.5× GRID DYNAMICS HOLDINGS, INC.). On growth, GRID DYNAMICS HOLDINGS, INC. posted the faster year-over-year revenue change (3.7% vs -5.2%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (12.0% CAGR vs -10.8%).

WABCO Holdings, Inc. was a U.S.-based provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. In 2007, the Vehicle Control Systems was spun off as WABCO Holdings Inc., an American provider of electronic braking, stability, suspension and transmission automation systems for heavy-duty commercial vehicles. Their products are present in many commercial vehicles such as trucks, buses, trailers and off-highway vehicles but they ...

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.

CVGI vs GDYN — Head-to-Head

Bigger by revenue
CVGI
CVGI
1.5× larger
CVGI
$154.8M
$104.1M
GDYN
Growing faster (revenue YoY)
GDYN
GDYN
+8.9% gap
GDYN
3.7%
-5.2%
CVGI
Faster 2-yr revenue CAGR
GDYN
GDYN
Annualised
GDYN
12.0%
-10.8%
CVGI

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CVGI
CVGI
GDYN
GDYN
Revenue
$154.8M
$104.1M
Net Profit
$-1.5M
Gross Margin
9.7%
34.8%
Operating Margin
-1.2%
61.7%
Net Margin
-1.4%
Revenue YoY
-5.2%
3.7%
Net Profit YoY
-150.6%
EPS (diluted)
$-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
CVGI
CVGI
GDYN
GDYN
Q1 26
$104.1M
Q4 25
$154.8M
$106.2M
Q3 25
$152.5M
$104.2M
Q2 25
$172.0M
$101.1M
Q1 25
$169.8M
$100.4M
Q4 24
$163.3M
$100.3M
Q3 24
$171.8M
$87.4M
Q2 24
$193.7M
$83.0M
Net Profit
CVGI
CVGI
GDYN
GDYN
Q1 26
$-1.5M
Q4 25
$306.0K
Q3 25
$-7.1M
$1.2M
Q2 25
$-4.8M
$5.3M
Q1 25
$-4.3M
$2.9M
Q4 24
$4.5M
Q3 24
$9.5M
$4.3M
Q2 24
$-1.6M
$-817.0K
Gross Margin
CVGI
CVGI
GDYN
GDYN
Q1 26
34.8%
Q4 25
9.7%
34.0%
Q3 25
10.5%
33.3%
Q2 25
11.4%
34.1%
Q1 25
10.5%
36.8%
Q4 24
8.0%
36.9%
Q3 24
9.6%
37.4%
Q2 24
10.6%
35.6%
Operating Margin
CVGI
CVGI
GDYN
GDYN
Q1 26
61.7%
Q4 25
-1.2%
0.5%
Q3 25
-0.7%
-0.2%
Q2 25
0.5%
-0.1%
Q1 25
0.8%
-2.0%
Q4 24
-3.2%
1.3%
Q3 24
-0.6%
2.4%
Q2 24
0.5%
0.0%
Net Margin
CVGI
CVGI
GDYN
GDYN
Q1 26
-1.4%
Q4 25
0.3%
Q3 25
-4.6%
1.1%
Q2 25
-2.8%
5.2%
Q1 25
-2.5%
2.9%
Q4 24
4.5%
Q3 24
5.5%
4.9%
Q2 24
-0.8%
-1.0%
EPS (diluted)
CVGI
CVGI
GDYN
GDYN
Q1 26
$-0.02
Q4 25
$0.01
Q3 25
$0.01
Q2 25
$0.06
Q1 25
$0.03
Q4 24
$0.06
Q3 24
$0.05
Q2 24
$-0.05
$-0.01

Balance Sheet & Financial Strength

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

Metric
CVGI
CVGI
GDYN
GDYN
Cash + ST InvestmentsLiquidity on hand
$327.5M
Total DebtLower is stronger
$104.9M
Stockholders' EquityBook value
$133.4M
$530.1M
Total Assets
$391.7M
$605.0M
Debt / EquityLower = less leverage
0.79×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CVGI
CVGI
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
$231.3M
Q2 24
$256.0M
Total Debt
CVGI
CVGI
GDYN
GDYN
Q1 26
Q4 25
$104.9M
Q3 25
$108.2M
Q2 25
$118.2M
Q1 25
$117.4M
Q4 24
$135.5M
Q3 24
$128.8M
Q2 24
$142.0M
Stockholders' Equity
CVGI
CVGI
GDYN
GDYN
Q1 26
$530.1M
Q4 25
$133.4M
$542.1M
Q3 25
$136.5M
$537.7M
Q2 25
$142.6M
$532.2M
Q1 25
$136.7M
$517.4M
Q4 24
$135.6M
$517.8M
Q3 24
$179.3M
$400.2M
Q2 24
$169.6M
$388.4M
Total Assets
CVGI
CVGI
GDYN
GDYN
Q1 26
$605.0M
Q4 25
$391.7M
$612.9M
Q3 25
$400.3M
$613.2M
Q2 25
$429.8M
$608.9M
Q1 25
$419.8M
$590.9M
Q4 24
$424.6M
$592.2M
Q3 24
$495.3M
$477.3M
Q2 24
$503.2M
$443.6M
Debt / Equity
CVGI
CVGI
GDYN
GDYN
Q1 26
Q4 25
0.79×
Q3 25
0.79×
Q2 25
0.83×
Q1 25
0.86×
Q4 24
1.00×
Q3 24
0.72×
Q2 24
0.84×

Cash Flow & Capital Efficiency

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

Metric
CVGI
CVGI
GDYN
GDYN
Operating Cash FlowLast quarter
$12.3M
Free Cash FlowOCF − Capex
$8.7M
FCF MarginFCF / Revenue
5.6%
Capex IntensityCapex / Revenue
2.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$34.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CVGI
CVGI
GDYN
GDYN
Q1 26
Q4 25
$12.3M
$9.9M
Q3 25
$-1.7M
$7.0M
Q2 25
$18.9M
$14.4M
Q1 25
$15.2M
$9.4M
Q4 24
$-26.6M
$7.1M
Q3 24
$-17.1M
$9.2M
Q2 24
$12.6M
$10.7M
Free Cash Flow
CVGI
CVGI
GDYN
GDYN
Q1 26
Q4 25
$8.7M
$6.1M
Q3 25
$-3.5M
$2.9M
Q2 25
$17.4M
$10.2M
Q1 25
$11.4M
$6.0M
Q4 24
$-30.6M
$4.4M
Q3 24
$-20.3M
$5.9M
Q2 24
$6.4M
$8.0M
FCF Margin
CVGI
CVGI
GDYN
GDYN
Q1 26
Q4 25
5.6%
5.7%
Q3 25
-2.3%
2.8%
Q2 25
10.1%
10.1%
Q1 25
6.7%
6.0%
Q4 24
-18.7%
4.4%
Q3 24
-11.8%
6.8%
Q2 24
3.3%
9.7%
Capex Intensity
CVGI
CVGI
GDYN
GDYN
Q1 26
Q4 25
2.3%
3.6%
Q3 25
1.2%
3.9%
Q2 25
0.9%
4.1%
Q1 25
2.2%
3.3%
Q4 24
2.4%
2.6%
Q3 24
1.9%
3.7%
Q2 24
3.2%
3.2%
Cash Conversion
CVGI
CVGI
GDYN
GDYN
Q1 26
Q4 25
32.34×
Q3 25
5.92×
Q2 25
2.73×
Q1 25
3.21×
Q4 24
1.56×
Q3 24
-1.79×
2.15×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

CVGI
CVGI

Global Seating$70.7M46%
Global Electrical Systems$49.7M32%
Trim Systems And Components$34.4M22%

GDYN
GDYN

Segment breakdown not available.

Related Comparisons