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Side-by-side financial comparison of FIRST MID BANCSHARES, INC. (FMBH) 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 ($106.2M vs $88.2M, roughly 1.2× FIRST MID BANCSHARES, INC.). FIRST MID BANCSHARES, INC. runs the higher net margin — 26.8% vs 0.3%, a 26.6% gap on every dollar of revenue. On growth, GRID DYNAMICS HOLDINGS, INC. posted the faster year-over-year revenue change (5.9% vs 3.4%). FIRST MID BANCSHARES, INC. produced more free cash flow last quarter ($124.0M vs $6.1M). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (15.3% CAGR vs 5.0%).

First Mid Bancshares Inc. is a U.S.-headquartered regional financial services holding company. It provides full-range retail and commercial banking products, wealth management, insurance solutions, and agricultural financing, mainly serving individual consumers, small and medium-sized enterprises, and agricultural clients across multiple Midwestern states including Illinois, Missouri, and Indiana.

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.

FMBH vs GDYN — Head-to-Head

Bigger by revenue
GDYN
GDYN
1.2× larger
GDYN
$106.2M
$88.2M
FMBH
Growing faster (revenue YoY)
GDYN
GDYN
+2.5% gap
GDYN
5.9%
3.4%
FMBH
Higher net margin
FMBH
FMBH
26.6% more per $
FMBH
26.8%
0.3%
GDYN
More free cash flow
FMBH
FMBH
$117.9M more FCF
FMBH
$124.0M
$6.1M
GDYN
Faster 2-yr revenue CAGR
GDYN
GDYN
Annualised
GDYN
15.3%
5.0%
FMBH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FMBH
FMBH
GDYN
GDYN
Revenue
$88.2M
$106.2M
Net Profit
$23.7M
$306.0K
Gross Margin
34.0%
Operating Margin
34.0%
0.5%
Net Margin
26.8%
0.3%
Revenue YoY
3.4%
5.9%
Net Profit YoY
23.5%
-93.2%
EPS (diluted)
$0.98
$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.

Revenue
FMBH
FMBH
GDYN
GDYN
Q4 25
$88.2M
$106.2M
Q3 25
$89.3M
$104.2M
Q2 25
$87.5M
$101.1M
Q1 25
$84.3M
$100.4M
Q4 24
$85.3M
$100.3M
Q3 24
$80.6M
$87.4M
Q2 24
$79.2M
$83.0M
Q1 24
$79.9M
$79.8M
Net Profit
FMBH
FMBH
GDYN
GDYN
Q4 25
$23.7M
$306.0K
Q3 25
$22.5M
$1.2M
Q2 25
$23.4M
$5.3M
Q1 25
$22.2M
$2.9M
Q4 24
$19.2M
$4.5M
Q3 24
$19.5M
$4.3M
Q2 24
$19.7M
$-817.0K
Q1 24
$20.5M
$-3.9M
Gross Margin
FMBH
FMBH
GDYN
GDYN
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%
Operating Margin
FMBH
FMBH
GDYN
GDYN
Q4 25
34.0%
0.5%
Q3 25
32.2%
-0.2%
Q2 25
34.4%
-0.1%
Q1 25
33.4%
-2.0%
Q4 24
29.7%
1.3%
Q3 24
31.5%
2.4%
Q2 24
33.7%
0.0%
Q1 24
33.7%
-6.9%
Net Margin
FMBH
FMBH
GDYN
GDYN
Q4 25
26.8%
0.3%
Q3 25
25.2%
1.1%
Q2 25
26.8%
5.2%
Q1 25
26.3%
2.9%
Q4 24
22.5%
4.5%
Q3 24
24.2%
4.9%
Q2 24
24.9%
-1.0%
Q1 24
25.6%
-4.9%
EPS (diluted)
FMBH
FMBH
GDYN
GDYN
Q4 25
$0.98
$0.01
Q3 25
$0.94
$0.01
Q2 25
$0.98
$0.06
Q1 25
$0.93
$0.03
Q4 24
$0.81
$0.06
Q3 24
$0.81
$0.05
Q2 24
$0.82
$-0.01
Q1 24
$0.86
$-0.05

Balance Sheet & Financial Strength

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

Metric
FMBH
FMBH
GDYN
GDYN
Cash + ST InvestmentsLiquidity on hand
$342.1M
Total DebtLower is stronger
$354.5M
Stockholders' EquityBook value
$958.7M
$542.1M
Total Assets
$8.0B
$612.9M
Debt / EquityLower = less leverage
0.37×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FMBH
FMBH
GDYN
GDYN
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 24
$249.4M
Total Debt
FMBH
FMBH
GDYN
GDYN
Q4 25
$354.5M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FMBH
FMBH
GDYN
GDYN
Q4 25
$958.7M
$542.1M
Q3 25
$932.2M
$537.7M
Q2 25
$894.1M
$532.2M
Q1 25
$870.9M
$517.4M
Q4 24
$846.4M
$517.8M
Q3 24
$858.5M
$400.2M
Q2 24
$813.6M
$388.4M
Q1 24
$798.0M
$382.8M
Total Assets
FMBH
FMBH
GDYN
GDYN
Q4 25
$8.0B
$612.9M
Q3 25
$7.8B
$613.2M
Q2 25
$7.7B
$608.9M
Q1 25
$7.6B
$590.9M
Q4 24
$7.5B
$592.2M
Q3 24
$7.6B
$477.3M
Q2 24
$7.6B
$443.6M
Q1 24
$7.7B
$435.3M
Debt / Equity
FMBH
FMBH
GDYN
GDYN
Q4 25
0.37×
Q3 25
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
FMBH
FMBH
GDYN
GDYN
Operating Cash FlowLast quarter
$130.9M
$9.9M
Free Cash FlowOCF − Capex
$124.0M
$6.1M
FCF MarginFCF / Revenue
140.6%
5.7%
Capex IntensityCapex / Revenue
7.8%
3.6%
Cash ConversionOCF / Net Profit
5.53×
32.34×
TTM Free Cash FlowTrailing 4 quarters
$207.9M
$25.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FMBH
FMBH
GDYN
GDYN
Q4 25
$130.9M
$9.9M
Q3 25
$33.0M
$7.0M
Q2 25
$7.7M
$14.4M
Q1 25
$47.9M
$9.4M
Q4 24
$124.4M
$7.1M
Q3 24
$33.1M
$9.2M
Q2 24
$24.0M
$10.7M
Q1 24
$29.0M
$3.2M
Free Cash Flow
FMBH
FMBH
GDYN
GDYN
Q4 25
$124.0M
$6.1M
Q3 25
$31.9M
$2.9M
Q2 25
$6.0M
$10.2M
Q1 25
$46.0M
$6.0M
Q4 24
$119.5M
$4.4M
Q3 24
$32.0M
$5.9M
Q2 24
$22.9M
$8.0M
Q1 24
$27.6M
$43.0K
FCF Margin
FMBH
FMBH
GDYN
GDYN
Q4 25
140.6%
5.7%
Q3 25
35.8%
2.8%
Q2 25
6.8%
10.1%
Q1 25
54.5%
6.0%
Q4 24
140.0%
4.4%
Q3 24
39.7%
6.8%
Q2 24
28.9%
9.7%
Q1 24
34.5%
0.1%
Capex Intensity
FMBH
FMBH
GDYN
GDYN
Q4 25
7.8%
3.6%
Q3 25
1.2%
3.9%
Q2 25
2.0%
4.1%
Q1 25
2.3%
3.3%
Q4 24
5.8%
2.6%
Q3 24
1.4%
3.7%
Q2 24
1.4%
3.2%
Q1 24
1.9%
4.0%
Cash Conversion
FMBH
FMBH
GDYN
GDYN
Q4 25
5.53×
32.34×
Q3 25
1.47×
5.92×
Q2 25
0.33×
2.73×
Q1 25
2.16×
3.21×
Q4 24
6.49×
1.56×
Q3 24
1.70×
2.15×
Q2 24
1.21×
Q1 24
1.42×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FMBH
FMBH

Segment breakdown not available.

GDYN
GDYN

Other$30.6M29%
Technology Media And Telecom$30.1M28%
Financial Service$24.3M23%
Manufactured Product Other$10.8M10%
Related Party$7.6M7%
Health Care$2.8M3%

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