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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and Groupon, Inc. (GRPN). Click either name above to swap in a different company.

Groupon, Inc. is the larger business by last-quarter revenue ($132.7M vs $104.1M, roughly 1.3× GRID DYNAMICS HOLDINGS, INC.). Groupon, Inc. runs the higher net margin — 6.0% vs -1.4%, a 7.4% gap on every dollar of revenue. On growth, GRID DYNAMICS HOLDINGS, INC. posted the faster year-over-year revenue change (3.7% vs 1.8%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (12.0% CAGR vs 3.8%).

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.

Groupon, Inc. is an American e-commerce marketplace that connects subscribers with local merchants by offering activities, travel, goods, and services in 13 countries.

GDYN vs GRPN — Head-to-Head

Bigger by revenue
GRPN
GRPN
1.3× larger
GRPN
$132.7M
$104.1M
GDYN
Growing faster (revenue YoY)
GDYN
GDYN
+1.9% gap
GDYN
3.7%
1.8%
GRPN
Higher net margin
GRPN
GRPN
7.4% more per $
GRPN
6.0%
-1.4%
GDYN
Faster 2-yr revenue CAGR
GDYN
GDYN
Annualised
GDYN
12.0%
3.8%
GRPN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GDYN
GDYN
GRPN
GRPN
Revenue
$104.1M
$132.7M
Net Profit
$-1.5M
$7.9M
Gross Margin
34.8%
90.4%
Operating Margin
61.7%
4.9%
Net Margin
-1.4%
6.0%
Revenue YoY
3.7%
1.8%
Net Profit YoY
-150.6%
115.8%
EPS (diluted)
$-0.02
$0.21

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
GDYN
GDYN
GRPN
GRPN
Q1 26
$104.1M
Q4 25
$106.2M
$132.7M
Q3 25
$104.2M
$122.8M
Q2 25
$101.1M
$125.7M
Q1 25
$100.4M
$117.2M
Q4 24
$100.3M
$130.4M
Q3 24
$87.4M
$114.5M
Q2 24
$83.0M
$124.6M
Net Profit
GDYN
GDYN
GRPN
GRPN
Q1 26
$-1.5M
Q4 25
$306.0K
$7.9M
Q3 25
$1.2M
$-118.4M
Q2 25
$5.3M
$20.3M
Q1 25
$2.9M
$7.2M
Q4 24
$4.5M
$-50.1M
Q3 24
$4.3M
$13.9M
Q2 24
$-817.0K
$-10.0M
Gross Margin
GDYN
GDYN
GRPN
GRPN
Q1 26
34.8%
Q4 25
34.0%
90.4%
Q3 25
33.3%
91.1%
Q2 25
34.1%
91.0%
Q1 25
36.8%
90.7%
Q4 24
36.9%
90.6%
Q3 24
37.4%
89.9%
Q2 24
35.6%
90.4%
Operating Margin
GDYN
GDYN
GRPN
GRPN
Q1 26
61.7%
Q4 25
0.5%
4.9%
Q3 25
-0.2%
1.8%
Q2 25
-0.1%
10.4%
Q1 25
-2.0%
1.6%
Q4 24
1.3%
2.0%
Q3 24
2.4%
-4.9%
Q2 24
0.0%
3.5%
Net Margin
GDYN
GDYN
GRPN
GRPN
Q1 26
-1.4%
Q4 25
0.3%
6.0%
Q3 25
1.1%
-96.4%
Q2 25
5.2%
16.2%
Q1 25
2.9%
6.1%
Q4 24
4.5%
-38.4%
Q3 24
4.9%
12.2%
Q2 24
-1.0%
-8.1%
EPS (diluted)
GDYN
GDYN
GRPN
GRPN
Q1 26
$-0.02
Q4 25
$0.01
$0.21
Q3 25
$0.01
$-2.92
Q2 25
$0.06
$0.46
Q1 25
$0.03
$0.17
Q4 24
$0.06
$-1.26
Q3 24
$0.05
$0.33
Q2 24
$-0.01
$-0.25

Balance Sheet & Financial Strength

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

Metric
GDYN
GDYN
GRPN
GRPN
Cash + ST InvestmentsLiquidity on hand
$327.5M
$296.1M
Total DebtLower is stronger
$342.8M
Stockholders' EquityBook value
$530.1M
$-42.6M
Total Assets
$605.0M
$670.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDYN
GDYN
GRPN
GRPN
Q1 26
$327.5M
Q4 25
$342.1M
$296.1M
Q3 25
$338.6M
$238.5M
Q2 25
$336.8M
$262.6M
Q1 25
$325.5M
$226.8M
Q4 24
$334.7M
$228.8M
Q3 24
$231.3M
$159.7M
Q2 24
$256.0M
$178.1M
Total Debt
GDYN
GDYN
GRPN
GRPN
Q1 26
Q4 25
$342.8M
Q3 25
Q2 25
Q1 25
Q4 24
$246.0M
Q3 24
Q2 24
Stockholders' Equity
GDYN
GDYN
GRPN
GRPN
Q1 26
$530.1M
Q4 25
$542.1M
$-42.6M
Q3 25
$537.7M
$-59.6M
Q2 25
$532.2M
$51.2M
Q1 25
$517.4M
$45.5M
Q4 24
$517.8M
$40.8M
Q3 24
$400.2M
$40.0M
Q2 24
$388.4M
$40.2M
Total Assets
GDYN
GDYN
GRPN
GRPN
Q1 26
$605.0M
Q4 25
$612.9M
$670.4M
Q3 25
$613.2M
$608.2M
Q2 25
$608.9M
$647.4M
Q1 25
$590.9M
$608.2M
Q4 24
$592.2M
$612.7M
Q3 24
$477.3M
$548.0M
Q2 24
$443.6M
$572.8M
Debt / Equity
GDYN
GDYN
GRPN
GRPN
Q1 26
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
6.03×
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
GDYN
GDYN
GRPN
GRPN
Operating Cash FlowLast quarter
$56.6M
Free Cash FlowOCF − Capex
$53.0M
FCF MarginFCF / Revenue
40.0%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
7.13×
TTM Free Cash FlowTrailing 4 quarters
$49.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDYN
GDYN
GRPN
GRPN
Q1 26
Q4 25
$9.9M
$56.6M
Q3 25
$7.0M
$-20.5M
Q2 25
$14.4M
$28.4M
Q1 25
$9.4M
$-22.0K
Q4 24
$7.1M
$67.0M
Q3 24
$9.2M
$-16.3M
Q2 24
$10.7M
$15.3M
Free Cash Flow
GDYN
GDYN
GRPN
GRPN
Q1 26
Q4 25
$6.1M
$53.0M
Q3 25
$2.9M
$-24.6M
Q2 25
$10.2M
$25.2M
Q1 25
$6.0M
$-3.8M
Q4 24
$4.4M
$63.2M
Q3 24
$5.9M
$-19.7M
Q2 24
$8.0M
$10.8M
FCF Margin
GDYN
GDYN
GRPN
GRPN
Q1 26
Q4 25
5.7%
40.0%
Q3 25
2.8%
-20.0%
Q2 25
10.1%
20.0%
Q1 25
6.0%
-3.2%
Q4 24
4.4%
48.5%
Q3 24
6.8%
-17.2%
Q2 24
9.7%
8.7%
Capex Intensity
GDYN
GDYN
GRPN
GRPN
Q1 26
Q4 25
3.6%
2.7%
Q3 25
3.9%
3.3%
Q2 25
4.1%
2.6%
Q1 25
3.3%
3.2%
Q4 24
2.6%
2.9%
Q3 24
3.7%
3.0%
Q2 24
3.2%
3.6%
Cash Conversion
GDYN
GDYN
GRPN
GRPN
Q1 26
Q4 25
32.34×
7.13×
Q3 25
5.92×
Q2 25
2.73×
1.40×
Q1 25
3.21×
-0.00×
Q4 24
1.56×
Q3 24
2.15×
-1.17×
Q2 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

GDYN
GDYN

Segment breakdown not available.

GRPN
GRPN

Service Local$94.8M71%
Other$35.6M27%
Service Travel$2.3M2%

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