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Side-by-side financial comparison of Cyngn Inc. (CYN) and GDEV Inc. (GDEV). Click either name above to swap in a different company.

GDEV Inc. is the larger business by last-quarter revenue ($119.9M vs $68.1K, roughly 1760.2× Cyngn Inc.). GDEV Inc. runs the higher net margin — 13.9% vs -2920.3%, a 2934.2% gap on every dollar of revenue. On growth, GDEV Inc. posted the faster year-over-year revenue change (13.3% vs -77.8%).

Cyngn Inc. is a technology firm specializing in AI-powered autonomous driving solutions for industrial use cases. It develops self-driving software and hardware integration tools for industrial vehicles including forklifts and pallet trucks, serving manufacturing, warehousing, and logistics customers across North America to improve operational efficiency and worksite safety.

GDEV Inc. is a gaming and entertainment holding company. It is a publicly traded company listed on the Nasdaq stock exchange, headquartered in Limassol, Cyprus. The holding was evolved in June 2023 from a video game company Nexters, founded in 2014, one of the top five independent mobile game companies in Europe. Subsidiaries of GDEV include Nexters Studio, which operates offices in Cyprus, Armenia, and Kazakhstan, as well as Cubic Games, Royal Ark, Game Gears and Light Hour Games. The compan...

CYN vs GDEV — Head-to-Head

Bigger by revenue
GDEV
GDEV
1760.2× larger
GDEV
$119.9M
$68.1K
CYN
Growing faster (revenue YoY)
GDEV
GDEV
+91.1% gap
GDEV
13.3%
-77.8%
CYN
Higher net margin
GDEV
GDEV
2934.2% more per $
GDEV
13.9%
-2920.3%
CYN

Income Statement — Q4 2025 vs Q2 2025

Metric
CYN
CYN
GDEV
GDEV
Revenue
$68.1K
$119.9M
Net Profit
$-2.0M
$16.6M
Gross Margin
17.5%
Operating Margin
-9621.1%
15.5%
Net Margin
-2920.3%
13.9%
Revenue YoY
-77.8%
13.3%
Net Profit YoY
87.7%
13.0%
EPS (diluted)
$5.33
$0.90

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
CYN
CYN
GDEV
GDEV
Q4 25
$68.1K
Q3 25
$70.0K
Q2 25
$33.7K
$119.9M
Q1 25
$47.2K
Q4 24
$306.4K
Q3 24
$47.6K
Q2 24
$8.7K
$105.8M
Q1 24
$5.5K
Net Profit
CYN
CYN
GDEV
GDEV
Q4 25
$-2.0M
Q3 25
$-8.4M
Q2 25
$-5.4M
$16.6M
Q1 25
$-7.6M
Q4 24
$-16.1M
Q3 24
$-5.4M
Q2 24
$-5.8M
$14.7M
Q1 24
$-6.0M
Gross Margin
CYN
CYN
GDEV
GDEV
Q4 25
17.5%
Q3 25
27.4%
Q2 25
49.8%
Q1 25
74.9%
Q4 24
18.5%
Q3 24
-230.5%
Q2 24
-72.2%
Q1 24
-1963.8%
Operating Margin
CYN
CYN
GDEV
GDEV
Q4 25
-9621.1%
Q3 25
-12028.9%
Q2 25
-16313.4%
15.5%
Q1 25
-11060.0%
Q4 24
-1808.7%
Q3 24
-11575.7%
Q2 24
-67076.8%
14.4%
Q1 24
-108223.5%
Net Margin
CYN
CYN
GDEV
GDEV
Q4 25
-2920.3%
Q3 25
-12059.9%
Q2 25
-16154.6%
13.9%
Q1 25
-16102.9%
Q4 24
-5261.2%
Q3 24
-11405.9%
Q2 24
-67154.7%
13.9%
Q1 24
-108290.9%
EPS (diluted)
CYN
CYN
GDEV
GDEV
Q4 25
$5.33
Q3 25
$-1.20
Q2 25
$-2.70
$0.90
Q1 25
$-6.60
Q4 24
$-1079.39
Q3 24
$-408.30
Q2 24
$-610.85
$0.81
Q1 24
$-422.87

Balance Sheet & Financial Strength

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

Metric
CYN
CYN
GDEV
GDEV
Cash + ST InvestmentsLiquidity on hand
$34.7M
$41.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$38.8M
$-129.4M
Total Assets
$50.1M
$210.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CYN
CYN
GDEV
GDEV
Q4 25
$34.7M
Q3 25
$34.9M
Q2 25
$39.2M
$41.6M
Q1 25
$16.3M
Q4 24
$23.6M
Q3 24
$812.8K
Q2 24
$7.0M
$50.8M
Q1 24
$4.8M
Stockholders' Equity
CYN
CYN
GDEV
GDEV
Q4 25
$38.8M
Q3 25
$38.7M
Q2 25
$46.8M
$-129.4M
Q1 25
$22.1M
Q4 24
$-1.0M
Q3 24
$6.6M
Q2 24
$9.7M
$-118.7M
Q1 24
$8.0M
Total Assets
CYN
CYN
GDEV
GDEV
Q4 25
$50.1M
Q3 25
$49.3M
Q2 25
$56.2M
$210.2M
Q1 25
$24.3M
Q4 24
$30.1M
Q3 24
$8.5M
Q2 24
$11.9M
$282.8M
Q1 24
$9.8M

Cash Flow & Capital Efficiency

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

Metric
CYN
CYN
GDEV
GDEV
Operating Cash FlowLast quarter
$-6.7M
Free Cash FlowOCF − Capex
$-7.1M
FCF MarginFCF / Revenue
-10421.0%
Capex IntensityCapex / Revenue
525.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-24.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CYN
CYN
GDEV
GDEV
Q4 25
$-6.7M
Q3 25
$-4.1M
Q2 25
$-6.3M
Q1 25
$-6.5M
Q4 24
$-3.6M
Q3 24
$-5.3M
Q2 24
$-4.4M
Q1 24
$-5.8M
Free Cash Flow
CYN
CYN
GDEV
GDEV
Q4 25
$-7.1M
Q3 25
$-4.6M
Q2 25
$-6.4M
Q1 25
$-6.7M
Q4 24
$-4.0M
Q3 24
$-5.5M
Q2 24
$-4.7M
Q1 24
$-6.1M
FCF Margin
CYN
CYN
GDEV
GDEV
Q4 25
-10421.0%
Q3 25
-6552.1%
Q2 25
-19070.4%
Q1 25
-14191.4%
Q4 24
-1291.7%
Q3 24
-11531.2%
Q2 24
-54799.1%
Q1 24
-109824.6%
Capex Intensity
CYN
CYN
GDEV
GDEV
Q4 25
525.7%
Q3 25
742.5%
Q2 25
517.1%
Q1 25
378.5%
Q4 24
101.7%
Q3 24
341.4%
Q2 24
4192.3%
Q1 24
3886.1%

Financial Flow Comparison

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

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