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

iRhythm Holdings, Inc. is the larger business by last-quarter revenue ($208.9M vs $104.1M, roughly 2.0× GRID DYNAMICS HOLDINGS, INC.). iRhythm Holdings, Inc. runs the higher net margin — 2.7% vs -1.4%, a 4.1% gap on every dollar of revenue. On growth, iRhythm Holdings, Inc. posted the faster year-over-year revenue change (27.1% vs 3.7%). Over the past eight quarters, iRhythm Holdings, Inc.'s revenue compounded faster (25.8% CAGR vs 12.0%).

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.

iRhythm Holdings is a digital healthcare company focused on cardiac care, developing and commercializing wearable ambulatory heart monitoring devices paired with AI-powered analytical tools. It primarily serves healthcare providers and patients across the United States, helping to detect undiagnosed arrhythmias such as atrial fibrillation through convenient long-term heart rhythm tracking that delivers actionable clinical insights.

GDYN vs IRTC — Head-to-Head

Bigger by revenue
IRTC
IRTC
2.0× larger
IRTC
$208.9M
$104.1M
GDYN
Growing faster (revenue YoY)
IRTC
IRTC
+23.5% gap
IRTC
27.1%
3.7%
GDYN
Higher net margin
IRTC
IRTC
4.1% more per $
IRTC
2.7%
-1.4%
GDYN
Faster 2-yr revenue CAGR
IRTC
IRTC
Annualised
IRTC
25.8%
12.0%
GDYN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GDYN
GDYN
IRTC
IRTC
Revenue
$104.1M
$208.9M
Net Profit
$-1.5M
$5.6M
Gross Margin
34.8%
70.9%
Operating Margin
61.7%
1.1%
Net Margin
-1.4%
2.7%
Revenue YoY
3.7%
27.1%
Net Profit YoY
-150.6%
518.5%
EPS (diluted)
$-0.02
$0.18

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
IRTC
IRTC
Q1 26
$104.1M
Q4 25
$106.2M
$208.9M
Q3 25
$104.2M
$192.9M
Q2 25
$101.1M
$186.7M
Q1 25
$100.4M
$158.7M
Q4 24
$100.3M
$164.3M
Q3 24
$87.4M
$147.5M
Q2 24
$83.0M
$148.0M
Net Profit
GDYN
GDYN
IRTC
IRTC
Q1 26
$-1.5M
Q4 25
$306.0K
$5.6M
Q3 25
$1.2M
$-5.2M
Q2 25
$5.3M
$-14.2M
Q1 25
$2.9M
$-30.7M
Q4 24
$4.5M
$-1.3M
Q3 24
$4.3M
$-46.2M
Q2 24
$-817.0K
$-20.1M
Gross Margin
GDYN
GDYN
IRTC
IRTC
Q1 26
34.8%
Q4 25
34.0%
70.9%
Q3 25
33.3%
71.1%
Q2 25
34.1%
71.2%
Q1 25
36.8%
68.8%
Q4 24
36.9%
70.0%
Q3 24
37.4%
68.8%
Q2 24
35.6%
69.9%
Operating Margin
GDYN
GDYN
IRTC
IRTC
Q1 26
61.7%
Q4 25
0.5%
1.1%
Q3 25
-0.2%
-4.4%
Q2 25
-0.1%
-10.0%
Q1 25
-2.0%
-20.5%
Q4 24
1.3%
-2.5%
Q3 24
2.4%
-34.1%
Q2 24
0.0%
-15.5%
Net Margin
GDYN
GDYN
IRTC
IRTC
Q1 26
-1.4%
Q4 25
0.3%
2.7%
Q3 25
1.1%
-2.7%
Q2 25
5.2%
-7.6%
Q1 25
2.9%
-19.3%
Q4 24
4.5%
-0.8%
Q3 24
4.9%
-31.3%
Q2 24
-1.0%
-13.6%
EPS (diluted)
GDYN
GDYN
IRTC
IRTC
Q1 26
$-0.02
Q4 25
$0.01
$0.18
Q3 25
$0.01
$-0.16
Q2 25
$0.06
$-0.44
Q1 25
$0.03
$-0.97
Q4 24
$0.06
$-0.03
Q3 24
$0.05
$-1.48
Q2 24
$-0.01
$-0.65

Balance Sheet & Financial Strength

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

Metric
GDYN
GDYN
IRTC
IRTC
Cash + ST InvestmentsLiquidity on hand
$327.5M
$583.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$530.1M
$152.7M
Total Assets
$605.0M
$1.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDYN
GDYN
IRTC
IRTC
Q1 26
$327.5M
Q4 25
$342.1M
$583.8M
Q3 25
$338.6M
$565.2M
Q2 25
$336.8M
$545.5M
Q1 25
$325.5M
$520.6M
Q4 24
$334.7M
$535.6M
Q3 24
$231.3M
$522.0M
Q2 24
$256.0M
$561.5M
Stockholders' Equity
GDYN
GDYN
IRTC
IRTC
Q1 26
$530.1M
Q4 25
$542.1M
$152.7M
Q3 25
$537.7M
$121.9M
Q2 25
$532.2M
$103.7M
Q1 25
$517.4M
$86.7M
Q4 24
$517.8M
$90.9M
Q3 24
$400.2M
$71.8M
Q2 24
$388.4M
$99.2M
Total Assets
GDYN
GDYN
IRTC
IRTC
Q1 26
$605.0M
Q4 25
$612.9M
$1.0B
Q3 25
$613.2M
$995.2M
Q2 25
$608.9M
$964.0M
Q1 25
$590.9M
$926.1M
Q4 24
$592.2M
$931.4M
Q3 24
$477.3M
$909.7M
Q2 24
$443.6M
$919.2M

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
IRTC
IRTC
Operating Cash FlowLast quarter
$26.2M
Free Cash FlowOCF − Capex
$14.5M
FCF MarginFCF / Revenue
6.9%
Capex IntensityCapex / Revenue
5.6%
Cash ConversionOCF / Net Profit
4.70×
TTM Free Cash FlowTrailing 4 quarters
$34.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDYN
GDYN
IRTC
IRTC
Q1 26
Q4 25
$9.9M
$26.2M
Q3 25
$7.0M
$34.9M
Q2 25
$14.4M
$27.7M
Q1 25
$9.4M
$-7.9M
Q4 24
$7.1M
$19.2M
Q3 24
$9.2M
$24.3M
Q2 24
$10.7M
$11.8M
Free Cash Flow
GDYN
GDYN
IRTC
IRTC
Q1 26
Q4 25
$6.1M
$14.5M
Q3 25
$2.9M
$20.1M
Q2 25
$10.2M
$17.3M
Q1 25
$6.0M
$-17.3M
Q4 24
$4.4M
$12.4M
Q3 24
$5.9M
$15.5M
Q2 24
$8.0M
$3.4M
FCF Margin
GDYN
GDYN
IRTC
IRTC
Q1 26
Q4 25
5.7%
6.9%
Q3 25
2.8%
10.4%
Q2 25
10.1%
9.3%
Q1 25
6.0%
-10.9%
Q4 24
4.4%
7.5%
Q3 24
6.8%
10.5%
Q2 24
9.7%
2.3%
Capex Intensity
GDYN
GDYN
IRTC
IRTC
Q1 26
Q4 25
3.6%
5.6%
Q3 25
3.9%
7.7%
Q2 25
4.1%
5.6%
Q1 25
3.3%
5.9%
Q4 24
2.6%
4.2%
Q3 24
3.7%
6.0%
Q2 24
3.2%
5.7%
Cash Conversion
GDYN
GDYN
IRTC
IRTC
Q1 26
Q4 25
32.34×
4.70×
Q3 25
5.92×
Q2 25
2.73×
Q1 25
3.21×
Q4 24
1.56×
Q3 24
2.15×
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.

IRTC
IRTC

Commercial Payors$111.7M53%
Centers For Medicare And Medicaid$49.2M24%
Healthcare Institutions$34.3M16%
Non Contracted Third Party Payors$13.7M7%

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