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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and IMAX CORP (IMAX). Click either name above to swap in a different company.
IMAX CORP is the larger business by last-quarter revenue ($125.2M vs $106.2M, roughly 1.2× GRID DYNAMICS HOLDINGS, INC.). IMAX CORP runs the higher net margin — 0.5% vs 0.3%, a 0.2% gap on every dollar of revenue. On growth, IMAX CORP posted the faster year-over-year revenue change (35.1% vs 5.9%). IMAX CORP produced more free cash flow last quarter ($28.0M vs $6.1M). Over the past eight quarters, IMAX CORP's revenue compounded faster (25.8% CAGR vs 15.3%).
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.
IMAX Corporation is a Canadian production theatre company which designs and manufactures IMAX cameras and projection systems as well as performing film development, production, post-production and distribution to IMAX-affiliated theatres worldwide. Founded in Montreal in 1967, it has headquarters in the Toronto area, and operations in New York City and Los Angeles.
GDYN vs IMAX — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $106.2M | $125.2M |
| Net Profit | $306.0K | $637.0K |
| Gross Margin | 34.0% | 57.6% |
| Operating Margin | 0.5% | 19.3% |
| Net Margin | 0.3% | 0.5% |
| Revenue YoY | 5.9% | 35.1% |
| Net Profit YoY | -93.2% | -88.0% |
| EPS (diluted) | $0.01 | $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.
| Q4 25 | $106.2M | $125.2M | ||
| Q3 25 | $104.2M | $106.7M | ||
| Q2 25 | $101.1M | $91.7M | ||
| Q1 25 | $100.4M | $86.7M | ||
| Q4 24 | $100.3M | $92.7M | ||
| Q3 24 | $87.4M | $91.5M | ||
| Q2 24 | $83.0M | $89.0M | ||
| Q1 24 | $79.8M | $79.1M |
| Q4 25 | $306.0K | $637.0K | ||
| Q3 25 | $1.2M | $20.7M | ||
| Q2 25 | $5.3M | $11.3M | ||
| Q1 25 | $2.9M | $2.3M | ||
| Q4 24 | $4.5M | $5.3M | ||
| Q3 24 | $4.3M | $13.9M | ||
| Q2 24 | $-817.0K | $3.6M | ||
| Q1 24 | $-3.9M | $3.3M |
| Q4 25 | 34.0% | 57.6% | ||
| Q3 25 | 33.3% | 63.1% | ||
| Q2 25 | 34.1% | 58.5% | ||
| Q1 25 | 36.8% | 61.4% | ||
| Q4 24 | 36.9% | 52.2% | ||
| Q3 24 | 37.4% | 55.8% | ||
| Q2 24 | 35.6% | 49.4% | ||
| Q1 24 | 34.7% | 59.3% |
| Q4 25 | 0.5% | 19.3% | ||
| Q3 25 | -0.2% | 27.2% | ||
| Q2 25 | -0.1% | 15.6% | ||
| Q1 25 | -2.0% | 19.3% | ||
| Q4 24 | 1.3% | 10.3% | ||
| Q3 24 | 2.4% | 21.2% | ||
| Q2 24 | 0.0% | 3.2% | ||
| Q1 24 | -6.9% | 15.3% |
| Q4 25 | 0.3% | 0.5% | ||
| Q3 25 | 1.1% | 19.4% | ||
| Q2 25 | 5.2% | 12.3% | ||
| Q1 25 | 2.9% | 2.7% | ||
| Q4 24 | 4.5% | 5.7% | ||
| Q3 24 | 4.9% | 15.2% | ||
| Q2 24 | -1.0% | 4.0% | ||
| Q1 24 | -4.9% | 4.1% |
| Q4 25 | $0.01 | $0.02 | ||
| Q3 25 | $0.01 | $0.37 | ||
| Q2 25 | $0.06 | $0.20 | ||
| Q1 25 | $0.03 | $0.04 | ||
| Q4 24 | $0.06 | $0.09 | ||
| Q3 24 | $0.05 | $0.26 | ||
| Q2 24 | $-0.01 | $0.07 | ||
| Q1 24 | $-0.05 | $0.06 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $342.1M | $151.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $542.1M | $337.9M |
| Total Assets | $612.9M | $894.0M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $342.1M | $151.2M | ||
| Q3 25 | $338.6M | $143.1M | ||
| Q2 25 | $336.8M | $109.3M | ||
| Q1 25 | $325.5M | $97.1M | ||
| Q4 24 | $334.7M | $100.6M | ||
| Q3 24 | $231.3M | $104.5M | ||
| Q2 24 | $256.0M | $91.6M | ||
| Q1 24 | $249.4M | $81.0M |
| Q4 25 | $542.1M | $337.9M | ||
| Q3 25 | $537.7M | $349.5M | ||
| Q2 25 | $532.2M | $320.4M | ||
| Q1 25 | $517.4M | $299.5M | ||
| Q4 24 | $517.8M | $299.5M | ||
| Q3 24 | $400.2M | $289.4M | ||
| Q2 24 | $388.4M | $267.2M | ||
| Q1 24 | $382.8M | $258.8M |
| Q4 25 | $612.9M | $894.0M | ||
| Q3 25 | $613.2M | $889.6M | ||
| Q2 25 | $608.9M | $868.6M | ||
| Q1 25 | $590.9M | $848.3M | ||
| Q4 24 | $592.2M | $830.4M | ||
| Q3 24 | $477.3M | $847.6M | ||
| Q2 24 | $443.6M | $827.4M | ||
| Q1 24 | $435.3M | $824.1M |
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 | $9.9M | $29.4M |
| Free Cash FlowOCF − Capex | $6.1M | $28.0M |
| FCF MarginFCF / Revenue | 5.7% | 22.3% |
| Capex IntensityCapex / Revenue | 3.6% | 1.1% |
| Cash ConversionOCF / Net Profit | 32.34× | 46.11× |
| TTM Free Cash FlowTrailing 4 quarters | $25.3M | $118.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $9.9M | $29.4M | ||
| Q3 25 | $7.0M | $67.5M | ||
| Q2 25 | $14.4M | $23.2M | ||
| Q1 25 | $9.4M | $7.0M | ||
| Q4 24 | $7.1M | $11.5M | ||
| Q3 24 | $9.2M | $35.3M | ||
| Q2 24 | $10.7M | $35.0M | ||
| Q1 24 | $3.2M | $-11.0M |
| Q4 25 | $6.1M | $28.0M | ||
| Q3 25 | $2.9M | $64.8M | ||
| Q2 25 | $10.2M | $20.9M | ||
| Q1 25 | $6.0M | $5.3M | ||
| Q4 24 | $4.4M | $6.9M | ||
| Q3 24 | $5.9M | $34.2M | ||
| Q2 24 | $8.0M | $33.5M | ||
| Q1 24 | $43.0K | $-12.1M |
| Q4 25 | 5.7% | 22.3% | ||
| Q3 25 | 2.8% | 60.7% | ||
| Q2 25 | 10.1% | 22.8% | ||
| Q1 25 | 6.0% | 6.1% | ||
| Q4 24 | 4.4% | 7.4% | ||
| Q3 24 | 6.8% | 37.3% | ||
| Q2 24 | 9.7% | 37.6% | ||
| Q1 24 | 0.1% | -15.3% |
| Q4 25 | 3.6% | 1.1% | ||
| Q3 25 | 3.9% | 2.6% | ||
| Q2 25 | 4.1% | 2.6% | ||
| Q1 25 | 3.3% | 1.9% | ||
| Q4 24 | 2.6% | 5.0% | ||
| Q3 24 | 3.7% | 1.2% | ||
| Q2 24 | 3.2% | 1.8% | ||
| Q1 24 | 4.0% | 1.4% |
| Q4 25 | 32.34× | 46.11× | ||
| Q3 25 | 5.92× | 3.27× | ||
| Q2 25 | 2.73× | 2.06× | ||
| Q1 25 | 3.21× | 2.99× | ||
| Q4 24 | 1.56× | 2.16× | ||
| Q3 24 | 2.15× | 2.54× | ||
| Q2 24 | — | 9.78× | ||
| Q1 24 | — | -3.35× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
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% |
IMAX
| Technology Sales | $46.6M | 37% |
| Image Enhancement And Maintenance Services | $38.1M | 30% |
| Joint Revenue Sharing Arrangement | $20.4M | 16% |
| Maintenance | $16.3M | 13% |
| Finance Income | $2.8M | 2% |
| Other Content Solutions | $1.6M | 1% |
