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Side-by-side financial comparison of FIRST INDUSTRIAL REALTY TRUST INC (FR) and GRID DYNAMICS HOLDINGS, INC. (GDYN). Click either name above to swap in a different company.

FIRST INDUSTRIAL REALTY TRUST INC is the larger business by last-quarter revenue ($194.8M vs $104.1M, roughly 1.9× GRID DYNAMICS HOLDINGS, INC.). FIRST INDUSTRIAL REALTY TRUST INC runs the higher net margin — 75.9% vs -1.4%, a 77.3% gap on every dollar of revenue. On growth, FIRST INDUSTRIAL REALTY TRUST INC posted the faster year-over-year revenue change (10.0% vs 3.7%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (12.0% CAGR vs 8.9%).

First Potomac Realty Trust was a real estate investment trust that invested in industrial properties and business parks in the suburbs of the Washington metropolitan area. In 2017, it was acquired by Government Properties Income Trust.

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.

FR vs GDYN — Head-to-Head

Bigger by revenue
FR
FR
1.9× larger
FR
$194.8M
$104.1M
GDYN
Growing faster (revenue YoY)
FR
FR
+6.4% gap
FR
10.0%
3.7%
GDYN
Higher net margin
FR
FR
77.3% more per $
FR
75.9%
-1.4%
GDYN
Faster 2-yr revenue CAGR
GDYN
GDYN
Annualised
GDYN
12.0%
8.9%
FR

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
FR
FR
GDYN
GDYN
Revenue
$194.8M
$104.1M
Net Profit
$147.9M
$-1.5M
Gross Margin
34.8%
Operating Margin
61.7%
Net Margin
75.9%
-1.4%
Revenue YoY
10.0%
3.7%
Net Profit YoY
179.7%
-150.6%
EPS (diluted)
$1.08
$-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
FR
FR
GDYN
GDYN
Q1 26
$194.8M
$104.1M
Q4 25
$188.4M
$106.2M
Q3 25
$181.4M
$104.2M
Q2 25
$180.2M
$101.1M
Q1 25
$177.1M
$100.4M
Q4 24
$175.6M
$100.3M
Q3 24
$167.6M
$87.4M
Q2 24
$164.1M
$83.0M
Net Profit
FR
FR
GDYN
GDYN
Q1 26
$147.9M
$-1.5M
Q4 25
$78.8M
$306.0K
Q3 25
$65.3M
$1.2M
Q2 25
$55.2M
$5.3M
Q1 25
$48.1M
$2.9M
Q4 24
$68.4M
$4.5M
Q3 24
$99.4M
$4.3M
Q2 24
$51.3M
$-817.0K
Gross Margin
FR
FR
GDYN
GDYN
Q1 26
34.8%
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%
Operating Margin
FR
FR
GDYN
GDYN
Q1 26
61.7%
Q4 25
34.6%
0.5%
Q3 25
37.0%
-0.2%
Q2 25
31.7%
-0.1%
Q1 25
31.2%
-2.0%
Q4 24
40.1%
1.3%
Q3 24
62.6%
2.4%
Q2 24
31.8%
0.0%
Net Margin
FR
FR
GDYN
GDYN
Q1 26
75.9%
-1.4%
Q4 25
41.8%
0.3%
Q3 25
36.0%
1.1%
Q2 25
30.6%
5.2%
Q1 25
27.2%
2.9%
Q4 24
39.0%
4.5%
Q3 24
59.3%
4.9%
Q2 24
31.3%
-1.0%
EPS (diluted)
FR
FR
GDYN
GDYN
Q1 26
$1.08
$-0.02
Q4 25
$0.60
$0.01
Q3 25
$0.49
$0.01
Q2 25
$0.42
$0.06
Q1 25
$0.36
$0.03
Q4 24
$0.51
$0.06
Q3 24
$0.75
$0.05
Q2 24
$0.39
$-0.01

Balance Sheet & Financial Strength

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

Metric
FR
FR
GDYN
GDYN
Cash + ST InvestmentsLiquidity on hand
$327.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.9B
$530.1M
Total Assets
$5.8B
$605.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FR
FR
GDYN
GDYN
Q1 26
$327.5M
Q4 25
$78.0M
$342.1M
Q3 25
$33.5M
$338.6M
Q2 25
$34.9M
$336.8M
Q1 25
$35.7M
$325.5M
Q4 24
$44.5M
$334.7M
Q3 24
$47.1M
$231.3M
Q2 24
$38.5M
$256.0M
Stockholders' Equity
FR
FR
GDYN
GDYN
Q1 26
$2.9B
$530.1M
Q4 25
$2.7B
$542.1M
Q3 25
$2.7B
$537.7M
Q2 25
$2.6B
$532.2M
Q1 25
$2.7B
$517.4M
Q4 24
$2.7B
$517.8M
Q3 24
$2.6B
$400.2M
Q2 24
$2.6B
$388.4M
Total Assets
FR
FR
GDYN
GDYN
Q1 26
$5.8B
$605.0M
Q4 25
$5.7B
$612.9M
Q3 25
$5.5B
$613.2M
Q2 25
$5.5B
$608.9M
Q1 25
$5.4B
$590.9M
Q4 24
$5.3B
$592.2M
Q3 24
$5.2B
$477.3M
Q2 24
$5.2B
$443.6M

Financial Flow Comparison

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

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