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Side-by-side financial comparison of Figure Technology Solutions, Inc. (FIGR) and GRID DYNAMICS HOLDINGS, INC. (GDYN). Click either name above to swap in a different company.
Figure Technology Solutions, Inc. is the larger business by last-quarter revenue ($156.4M vs $106.2M, roughly 1.5× GRID DYNAMICS HOLDINGS, INC.). Figure Technology Solutions, Inc. runs the higher net margin — 57.3% vs 0.3%, a 57.0% gap on every dollar of revenue.
Figure Technology Solutions, Inc. is a financial technology company in Reno, Nevada, United States. Established in 2018, it develops and operates blockchain-based platforms used in lending, capital markets, and asset management.
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.
FIGR vs GDYN — Head-to-Head
Income Statement — Q3 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $156.4M | $106.2M |
| Net Profit | $89.6M | $306.0K |
| Gross Margin | — | 34.0% |
| Operating Margin | 33.7% | 0.5% |
| Net Margin | 57.3% | 0.3% |
| Revenue YoY | — | 5.9% |
| Net Profit YoY | — | -93.2% |
| EPS (diluted) | $0.34 | $0.01 |
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.
| Q4 25 | — | $106.2M | ||
| Q3 25 | $156.4M | $104.2M | ||
| Q2 25 | — | $101.1M | ||
| Q1 25 | — | $100.4M | ||
| Q4 24 | — | $100.3M | ||
| Q3 24 | — | $87.4M | ||
| Q2 24 | — | $83.0M | ||
| Q1 24 | — | $79.8M |
| Q4 25 | — | $306.0K | ||
| Q3 25 | $89.6M | $1.2M | ||
| Q2 25 | — | $5.3M | ||
| Q1 25 | — | $2.9M | ||
| Q4 24 | — | $4.5M | ||
| Q3 24 | — | $4.3M | ||
| Q2 24 | — | $-817.0K | ||
| Q1 24 | — | $-3.9M |
| 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% | ||
| Q1 24 | — | 34.7% |
| Q4 25 | — | 0.5% | ||
| Q3 25 | 33.7% | -0.2% | ||
| Q2 25 | — | -0.1% | ||
| Q1 25 | — | -2.0% | ||
| Q4 24 | — | 1.3% | ||
| Q3 24 | — | 2.4% | ||
| Q2 24 | — | 0.0% | ||
| Q1 24 | — | -6.9% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | 57.3% | 1.1% | ||
| Q2 25 | — | 5.2% | ||
| Q1 25 | — | 2.9% | ||
| Q4 24 | — | 4.5% | ||
| Q3 24 | — | 4.9% | ||
| Q2 24 | — | -1.0% | ||
| Q1 24 | — | -4.9% |
| Q4 25 | — | $0.01 | ||
| Q3 25 | $0.34 | $0.01 | ||
| Q2 25 | — | $0.06 | ||
| Q1 25 | — | $0.03 | ||
| Q4 24 | — | $0.06 | ||
| Q3 24 | — | $0.05 | ||
| Q2 24 | — | $-0.01 | ||
| Q1 24 | — | $-0.05 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.1B | $342.1M |
| Total DebtLower is stronger | $466.8M | — |
| Stockholders' EquityBook value | $1.2B | $542.1M |
| Total Assets | $2.2B | $612.9M |
| Debt / EquityLower = less leverage | 0.40× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $342.1M | ||
| Q3 25 | $1.1B | $338.6M | ||
| Q2 25 | — | $336.8M | ||
| Q1 25 | — | $325.5M | ||
| Q4 24 | — | $334.7M | ||
| Q3 24 | — | $231.3M | ||
| Q2 24 | — | $256.0M | ||
| Q1 24 | — | $249.4M |
| Q4 25 | — | — | ||
| Q3 25 | $466.8M | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | — | $542.1M | ||
| Q3 25 | $1.2B | $537.7M | ||
| Q2 25 | — | $532.2M | ||
| Q1 25 | — | $517.4M | ||
| Q4 24 | — | $517.8M | ||
| Q3 24 | — | $400.2M | ||
| Q2 24 | — | $388.4M | ||
| Q1 24 | — | $382.8M |
| Q4 25 | — | $612.9M | ||
| Q3 25 | $2.2B | $613.2M | ||
| Q2 25 | — | $608.9M | ||
| Q1 25 | — | $590.9M | ||
| Q4 24 | — | $592.2M | ||
| Q3 24 | — | $477.3M | ||
| Q2 24 | — | $443.6M | ||
| Q1 24 | — | $435.3M |
| Q4 25 | — | — | ||
| Q3 25 | 0.40× | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
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 | $49.3M | $9.9M |
| Free Cash FlowOCF − Capex | — | $6.1M |
| FCF MarginFCF / Revenue | — | 5.7% |
| Capex IntensityCapex / Revenue | — | 3.6% |
| Cash ConversionOCF / Net Profit | 0.55× | 32.34× |
| TTM Free Cash FlowTrailing 4 quarters | — | $25.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | — | $9.9M | ||
| Q3 25 | $49.3M | $7.0M | ||
| Q2 25 | — | $14.4M | ||
| Q1 25 | — | $9.4M | ||
| Q4 24 | — | $7.1M | ||
| Q3 24 | — | $9.2M | ||
| Q2 24 | — | $10.7M | ||
| Q1 24 | — | $3.2M |
| Q4 25 | — | $6.1M | ||
| Q3 25 | — | $2.9M | ||
| Q2 25 | — | $10.2M | ||
| Q1 25 | — | $6.0M | ||
| Q4 24 | — | $4.4M | ||
| Q3 24 | — | $5.9M | ||
| Q2 24 | — | $8.0M | ||
| Q1 24 | — | $43.0K |
| Q4 25 | — | 5.7% | ||
| Q3 25 | — | 2.8% | ||
| Q2 25 | — | 10.1% | ||
| Q1 25 | — | 6.0% | ||
| Q4 24 | — | 4.4% | ||
| Q3 24 | — | 6.8% | ||
| Q2 24 | — | 9.7% | ||
| Q1 24 | — | 0.1% |
| Q4 25 | — | 3.6% | ||
| Q3 25 | — | 3.9% | ||
| Q2 25 | — | 4.1% | ||
| Q1 25 | — | 3.3% | ||
| Q4 24 | — | 2.6% | ||
| Q3 24 | — | 3.7% | ||
| Q2 24 | — | 3.2% | ||
| Q1 24 | — | 4.0% |
| Q4 25 | — | 32.34× | ||
| Q3 25 | 0.55× | 5.92× | ||
| Q2 25 | — | 2.73× | ||
| Q1 25 | — | 3.21× | ||
| Q4 24 | — | 1.56× | ||
| Q3 24 | — | 2.15× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FIGR
Segment breakdown not available.
GDYN
| Other | $30.6M | 29% |
| Technology Media And Telecom | $30.1M | 28% |
| Financial Service | $24.3M | 23% |
| Manufactured Product Other | $10.8M | 10% |
| Related Party | $7.6M | 7% |
| Health Care | $2.8M | 3% |
