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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and Honest Company, Inc. (HNST). 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 $88.0M, roughly 1.2× Honest Company, Inc.). GRID DYNAMICS HOLDINGS, INC. runs the higher net margin — 0.3% vs -26.8%, a 27.1% gap on every dollar of revenue. On growth, GRID DYNAMICS HOLDINGS, INC. posted the faster year-over-year revenue change (5.9% vs -11.8%). Honest Company, Inc. produced more free cash flow last quarter ($18.1M vs $6.1M). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (15.3% CAGR vs 1.0%).

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.

The Honest Company, Inc. is an American digital-first consumer goods company, based in Los Angeles and founded by actress Jessica Alba, Christopher Gavigan, and Brian Lee. The company had $319 million in 2021 sales, and was valued at roughly $550 million as of February 2022. Carla Vernón, Chief Executive Officer, is one of the first Afro-Latina CEOs of a U.S. publicly traded company. The Honest Company has raised multiple rounds of venture capital, and went public via an initial public offeri...

GDYN vs HNST — Head-to-Head

Bigger by revenue
GDYN
GDYN
1.2× larger
GDYN
$106.2M
$88.0M
HNST
Growing faster (revenue YoY)
GDYN
GDYN
+17.7% gap
GDYN
5.9%
-11.8%
HNST
Higher net margin
GDYN
GDYN
27.1% more per $
GDYN
0.3%
-26.8%
HNST
More free cash flow
HNST
HNST
$12.0M more FCF
HNST
$18.1M
$6.1M
GDYN
Faster 2-yr revenue CAGR
GDYN
GDYN
Annualised
GDYN
15.3%
1.0%
HNST

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GDYN
GDYN
HNST
HNST
Revenue
$106.2M
$88.0M
Net Profit
$306.0K
$-23.6M
Gross Margin
34.0%
15.7%
Operating Margin
0.5%
-27.5%
Net Margin
0.3%
-26.8%
Revenue YoY
5.9%
-11.8%
Net Profit YoY
-93.2%
-2813.2%
EPS (diluted)
$0.01
$-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
HNST
HNST
Q4 25
$106.2M
$88.0M
Q3 25
$104.2M
$92.6M
Q2 25
$101.1M
$93.5M
Q1 25
$100.4M
$97.3M
Q4 24
$100.3M
$99.8M
Q3 24
$87.4M
$99.2M
Q2 24
$83.0M
$93.0M
Q1 24
$79.8M
$86.2M
Net Profit
GDYN
GDYN
HNST
HNST
Q4 25
$306.0K
$-23.6M
Q3 25
$1.2M
$758.0K
Q2 25
$5.3M
$3.9M
Q1 25
$2.9M
$3.3M
Q4 24
$4.5M
$-809.0K
Q3 24
$4.3M
$165.0K
Q2 24
$-817.0K
$-4.1M
Q1 24
$-3.9M
$-1.4M
Gross Margin
GDYN
GDYN
HNST
HNST
Q4 25
34.0%
15.7%
Q3 25
33.3%
37.3%
Q2 25
34.1%
40.4%
Q1 25
36.8%
38.7%
Q4 24
36.9%
38.8%
Q3 24
37.4%
38.7%
Q2 24
35.6%
38.3%
Q1 24
34.7%
37.0%
Operating Margin
GDYN
GDYN
HNST
HNST
Q4 25
0.5%
-27.5%
Q3 25
-0.2%
0.3%
Q2 25
-0.1%
3.1%
Q1 25
-2.0%
2.6%
Q4 24
1.3%
-1.0%
Q3 24
2.4%
0.1%
Q2 24
0.0%
-4.3%
Q1 24
-6.9%
-1.5%
Net Margin
GDYN
GDYN
HNST
HNST
Q4 25
0.3%
-26.8%
Q3 25
1.1%
0.8%
Q2 25
5.2%
4.1%
Q1 25
2.9%
3.3%
Q4 24
4.5%
-0.8%
Q3 24
4.9%
0.2%
Q2 24
-1.0%
-4.4%
Q1 24
-4.9%
-1.6%
EPS (diluted)
GDYN
GDYN
HNST
HNST
Q4 25
$0.01
$-0.21
Q3 25
$0.01
$0.01
Q2 25
$0.06
$0.03
Q1 25
$0.03
$0.03
Q4 24
$0.06
$-0.01
Q3 24
$0.05
$0.00
Q2 24
$-0.01
$-0.04
Q1 24
$-0.05
$-0.01

Balance Sheet & Financial Strength

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

Metric
GDYN
GDYN
HNST
HNST
Cash + ST InvestmentsLiquidity on hand
$342.1M
$89.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$542.1M
$169.7M
Total Assets
$612.9M
$225.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDYN
GDYN
HNST
HNST
Q4 25
$342.1M
$89.6M
Q3 25
$338.6M
$71.5M
Q2 25
$336.8M
$72.1M
Q1 25
$325.5M
$72.8M
Q4 24
$334.7M
$75.4M
Q3 24
$231.3M
$53.4M
Q2 24
$256.0M
$36.6M
Q1 24
$249.4M
$33.6M
Stockholders' Equity
GDYN
GDYN
HNST
HNST
Q4 25
$542.1M
$169.7M
Q3 25
$537.7M
$190.2M
Q2 25
$532.2M
$187.0M
Q1 25
$517.4M
$180.4M
Q4 24
$517.8M
$174.3M
Q3 24
$400.2M
$133.9M
Q2 24
$388.4M
$129.7M
Q1 24
$382.8M
$124.8M
Total Assets
GDYN
GDYN
HNST
HNST
Q4 25
$612.9M
$225.4M
Q3 25
$613.2M
$241.5M
Q2 25
$608.9M
$249.0M
Q1 25
$590.9M
$265.3M
Q4 24
$592.2M
$247.4M
Q3 24
$477.3M
$209.2M
Q2 24
$443.6M
$200.2M
Q1 24
$435.3M
$198.1M

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
HNST
HNST
Operating Cash FlowLast quarter
$9.9M
$19.3M
Free Cash FlowOCF − Capex
$6.1M
$18.1M
FCF MarginFCF / Revenue
5.7%
20.5%
Capex IntensityCapex / Revenue
3.6%
1.4%
Cash ConversionOCF / Net Profit
32.34×
TTM Free Cash FlowTrailing 4 quarters
$25.3M
$13.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDYN
GDYN
HNST
HNST
Q4 25
$9.9M
$19.3M
Q3 25
$7.0M
$-504.0K
Q2 25
$14.4M
$-745.0K
Q1 25
$9.4M
$-2.9M
Q4 24
$7.1M
$-16.8M
Q3 24
$9.2M
$15.1M
Q2 24
$10.7M
$2.9M
Q1 24
$3.2M
$336.0K
Free Cash Flow
GDYN
GDYN
HNST
HNST
Q4 25
$6.1M
$18.1M
Q3 25
$2.9M
$-624.0K
Q2 25
$10.2M
$-826.0K
Q1 25
$6.0M
$-3.0M
Q4 24
$4.4M
$-17.2M
Q3 24
$5.9M
$15.0M
Q2 24
$8.0M
$2.9M
Q1 24
$43.0K
$260.0K
FCF Margin
GDYN
GDYN
HNST
HNST
Q4 25
5.7%
20.5%
Q3 25
2.8%
-0.7%
Q2 25
10.1%
-0.9%
Q1 25
6.0%
-3.1%
Q4 24
4.4%
-17.2%
Q3 24
6.8%
15.1%
Q2 24
9.7%
3.1%
Q1 24
0.1%
0.3%
Capex Intensity
GDYN
GDYN
HNST
HNST
Q4 25
3.6%
1.4%
Q3 25
3.9%
0.1%
Q2 25
4.1%
0.1%
Q1 25
3.3%
0.1%
Q4 24
2.6%
0.3%
Q3 24
3.7%
0.1%
Q2 24
3.2%
0.0%
Q1 24
4.0%
0.1%
Cash Conversion
GDYN
GDYN
HNST
HNST
Q4 25
32.34×
Q3 25
5.92×
-0.66×
Q2 25
2.73×
-0.19×
Q1 25
3.21×
-0.90×
Q4 24
1.56×
Q3 24
2.15×
91.42×
Q2 24
Q1 24

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

HNST
HNST

Segment breakdown not available.

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