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Side-by-side financial comparison of Envela Corp (ELA) and GRID DYNAMICS HOLDINGS, INC. (GDYN). Click either name above to swap in a different company.
GRID DYNAMICS HOLDINGS, INC. is the larger business by last-quarter revenue ($104.1M vs $80.5M, roughly 1.3× Envela Corp). Envela Corp runs the higher net margin — 7.4% vs -1.4%, a 8.9% gap on every dollar of revenue. On growth, Envela Corp posted the faster year-over-year revenue change (66.6% vs 3.7%). Over the past eight quarters, Envela Corp's revenue compounded faster (42.1% CAGR vs 12.0%).
Envela Corporation is a U.S.-based company that provides recommerce services aimed at extending product lifecycles and reducing resource consumption. The company operates through two primary segments: consumer and commercial.
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.
ELA vs GDYN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $80.5M | $104.1M |
| Net Profit | $6.0M | $-1.5M |
| Gross Margin | 20.5% | 34.8% |
| Operating Margin | 9.4% | 61.7% |
| Net Margin | 7.4% | -1.4% |
| Revenue YoY | 66.6% | 3.7% |
| Net Profit YoY | 274.6% | -150.6% |
| EPS (diluted) | $0.22 | $-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.
| Q1 26 | — | $104.1M | ||
| Q4 25 | $80.5M | $106.2M | ||
| Q3 25 | $57.4M | $104.2M | ||
| Q2 25 | $54.9M | $101.1M | ||
| Q1 25 | $48.3M | $100.4M | ||
| Q4 24 | $48.3M | $100.3M | ||
| Q3 24 | $46.9M | $87.4M | ||
| Q2 24 | $45.3M | $83.0M |
| Q1 26 | — | $-1.5M | ||
| Q4 25 | $6.0M | $306.0K | ||
| Q3 25 | $3.4M | $1.2M | ||
| Q2 25 | $2.8M | $5.3M | ||
| Q1 25 | $2.5M | $2.9M | ||
| Q4 24 | $1.6M | $4.5M | ||
| Q3 24 | $1.7M | $4.3M | ||
| Q2 24 | $1.6M | $-817.0K |
| Q1 26 | — | 34.8% | ||
| Q4 25 | 20.5% | 34.0% | ||
| Q3 25 | 22.8% | 33.3% | ||
| Q2 25 | 22.6% | 34.1% | ||
| Q1 25 | 24.8% | 36.8% | ||
| Q4 24 | 23.1% | 36.9% | ||
| Q3 24 | 24.4% | 37.4% | ||
| Q2 24 | 25.1% | 35.6% |
| Q1 26 | — | 61.7% | ||
| Q4 25 | 9.4% | 0.5% | ||
| Q3 25 | 7.3% | -0.2% | ||
| Q2 25 | 5.9% | -0.1% | ||
| Q1 25 | 6.5% | -2.0% | ||
| Q4 24 | 3.9% | 1.3% | ||
| Q3 24 | 4.3% | 2.4% | ||
| Q2 24 | 4.2% | 0.0% |
| Q1 26 | — | -1.4% | ||
| Q4 25 | 7.4% | 0.3% | ||
| Q3 25 | 5.8% | 1.1% | ||
| Q2 25 | 5.0% | 5.2% | ||
| Q1 25 | 5.2% | 2.9% | ||
| Q4 24 | 3.3% | 4.5% | ||
| Q3 24 | 3.6% | 4.9% | ||
| Q2 24 | 3.5% | -1.0% |
| Q1 26 | — | $-0.02 | ||
| Q4 25 | $0.22 | $0.01 | ||
| Q3 25 | $0.13 | $0.01 | ||
| Q2 25 | $0.11 | $0.06 | ||
| Q1 25 | $0.10 | $0.03 | ||
| Q4 24 | $0.07 | $0.06 | ||
| Q3 24 | $0.06 | $0.05 | ||
| Q2 24 | $0.06 | $-0.01 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $327.5M |
| Total DebtLower is stronger | $9.9M | — |
| Stockholders' EquityBook value | $67.1M | $530.1M |
| Total Assets | $96.0M | $605.0M |
| Debt / EquityLower = less leverage | 0.15× | — |
8-quarter trend — quarters aligned by calendar period.
| 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 |
| Q1 26 | — | — | ||
| Q4 25 | $9.9M | — | ||
| Q3 25 | $12.5M | — | ||
| Q2 25 | $13.0M | — | ||
| Q1 25 | $13.2M | — | ||
| Q4 24 | $13.5M | — | ||
| Q3 24 | $13.8M | — | ||
| Q2 24 | $14.3M | — |
| Q1 26 | — | $530.1M | ||
| Q4 25 | $67.1M | $542.1M | ||
| Q3 25 | $61.1M | $537.7M | ||
| Q2 25 | $57.8M | $532.2M | ||
| Q1 25 | $55.1M | $517.4M | ||
| Q4 24 | $52.7M | $517.8M | ||
| Q3 24 | $51.1M | $400.2M | ||
| Q2 24 | $50.2M | $388.4M |
| Q1 26 | — | $605.0M | ||
| Q4 25 | $96.0M | $612.9M | ||
| Q3 25 | $90.9M | $613.2M | ||
| Q2 25 | $82.7M | $608.9M | ||
| Q1 25 | $79.7M | $590.9M | ||
| Q4 24 | $77.9M | $592.2M | ||
| Q3 24 | $77.4M | $477.3M | ||
| Q2 24 | $73.8M | $443.6M |
| Q1 26 | — | — | ||
| Q4 25 | 0.15× | — | ||
| Q3 25 | 0.20× | — | ||
| Q2 25 | 0.23× | — | ||
| Q1 25 | 0.24× | — | ||
| Q4 24 | 0.26× | — | ||
| Q3 24 | 0.27× | — | ||
| Q2 24 | 0.29× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-3.5M | — |
| Free Cash FlowOCF − Capex | $-3.7M | — |
| FCF MarginFCF / Revenue | -4.6% | — |
| Capex IntensityCapex / Revenue | 0.2% | — |
| Cash ConversionOCF / Net Profit | -0.59× | — |
| TTM Free Cash FlowTrailing 4 quarters | $1.4M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $-3.5M | $9.9M | ||
| Q3 25 | $2.4M | $7.0M | ||
| Q2 25 | $2.6M | $14.4M | ||
| Q1 25 | $1.1M | $9.4M | ||
| Q4 24 | $3.7M | $7.1M | ||
| Q3 24 | $3.4M | $9.2M | ||
| Q2 24 | $-789.5K | $10.7M |
| Q1 26 | — | — | ||
| Q4 25 | $-3.7M | $6.1M | ||
| Q3 25 | $2.2M | $2.9M | ||
| Q2 25 | $2.1M | $10.2M | ||
| Q1 25 | $746.6K | $6.0M | ||
| Q4 24 | $3.2M | $4.4M | ||
| Q3 24 | $1.5M | $5.9M | ||
| Q2 24 | $-1.3M | $8.0M |
| Q1 26 | — | — | ||
| Q4 25 | -4.6% | 5.7% | ||
| Q3 25 | 3.8% | 2.8% | ||
| Q2 25 | 3.9% | 10.1% | ||
| Q1 25 | 1.5% | 6.0% | ||
| Q4 24 | 6.7% | 4.4% | ||
| Q3 24 | 3.1% | 6.8% | ||
| Q2 24 | -2.9% | 9.7% |
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | 3.6% | ||
| Q3 25 | 0.4% | 3.9% | ||
| Q2 25 | 0.8% | 4.1% | ||
| Q1 25 | 0.8% | 3.3% | ||
| Q4 24 | 1.0% | 2.6% | ||
| Q3 24 | 4.2% | 3.7% | ||
| Q2 24 | 1.1% | 3.2% |
| Q1 26 | — | — | ||
| Q4 25 | -0.59× | 32.34× | ||
| Q3 25 | 0.72× | 5.92× | ||
| Q2 25 | 0.94× | 2.73× | ||
| Q1 25 | 0.45× | 3.21× | ||
| Q4 24 | 2.34× | 1.56× | ||
| Q3 24 | 2.05× | 2.15× | ||
| Q2 24 | -0.50× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
ELA
| Consumer Segment | $67.7M | 84% |
| Commercial Segment | $12.8M | 16% |
GDYN
Segment breakdown not available.
