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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and Katapult Holdings, Inc. (KPLT). Click either name above to swap in a different company.
GRID DYNAMICS HOLDINGS, INC. is the larger business by last-quarter revenue ($104.1M vs $73.9M, roughly 1.4× Katapult Holdings, Inc.). Katapult Holdings, Inc. runs the higher net margin — 26.8% vs -1.4%, a 28.3% gap on every dollar of revenue. On growth, Katapult Holdings, Inc. posted the faster year-over-year revenue change (17.3% vs 3.7%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (12.0% CAGR vs 6.6%).
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.
Katapult Holdings, Inc. is a U.S.-based fintech company that provides accessible point-of-sale lease-to-purchase solutions for consumers with limited or no traditional credit history. It partners with a wide network of e-commerce platforms and brick-and-mortar retail merchants across segments including electronics, furniture and home goods to offer flexible payment plans for customers to obtain needed products.
GDYN vs KPLT — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $104.1M | $73.9M |
| Net Profit | $-1.5M | $19.8M |
| Gross Margin | 34.8% | 15.6% |
| Operating Margin | 61.7% | -1.4% |
| Net Margin | -1.4% | 26.8% |
| Revenue YoY | 3.7% | 17.3% |
| Net Profit YoY | -150.6% | 307.3% |
| EPS (diluted) | $-0.02 | $3.69 |
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.
| Q1 26 | $104.1M | — | ||
| Q4 25 | $106.2M | $73.9M | ||
| Q3 25 | $104.2M | $74.0M | ||
| Q2 25 | $101.1M | $71.9M | ||
| Q1 25 | $100.4M | $71.9M | ||
| Q4 24 | $100.3M | $63.0M | ||
| Q3 24 | $87.4M | $60.3M | ||
| Q2 24 | $83.0M | $58.9M |
| Q1 26 | $-1.5M | — | ||
| Q4 25 | $306.0K | $19.8M | ||
| Q3 25 | $1.2M | $-4.9M | ||
| Q2 25 | $5.3M | $-7.8M | ||
| Q1 25 | $2.9M | $-5.7M | ||
| Q4 24 | $4.5M | $-9.6M | ||
| Q3 24 | $4.3M | $-8.9M | ||
| Q2 24 | $-817.0K | $-6.9M |
| Q1 26 | 34.8% | — | ||
| Q4 25 | 34.0% | 15.6% | ||
| Q3 25 | 33.3% | 19.7% | ||
| Q2 25 | 34.1% | 15.5% | ||
| Q1 25 | 36.8% | 19.9% | ||
| Q4 24 | 36.9% | 11.8% | ||
| Q3 24 | 37.4% | 19.8% | ||
| Q2 24 | 35.6% | 16.9% |
| Q1 26 | 61.7% | — | ||
| Q4 25 | 0.5% | -1.4% | ||
| Q3 25 | -0.2% | 3.3% | ||
| Q2 25 | -0.1% | -2.0% | ||
| Q1 25 | -2.0% | -0.7% | ||
| Q4 24 | 1.3% | -7.7% | ||
| Q3 24 | 2.4% | -7.4% | ||
| Q2 24 | 0.0% | -4.5% |
| Q1 26 | -1.4% | — | ||
| Q4 25 | 0.3% | 26.8% | ||
| Q3 25 | 1.1% | -6.7% | ||
| Q2 25 | 5.2% | -10.9% | ||
| Q1 25 | 2.9% | -7.9% | ||
| Q4 24 | 4.5% | -15.2% | ||
| Q3 24 | 4.9% | -14.7% | ||
| Q2 24 | -1.0% | -11.7% |
| Q1 26 | $-0.02 | — | ||
| Q4 25 | $0.01 | $3.69 | ||
| Q3 25 | $0.01 | $-0.94 | ||
| Q2 25 | $0.06 | $-1.63 | ||
| Q1 25 | $0.03 | $-1.23 | ||
| Q4 24 | $0.06 | $-2.17 | ||
| Q3 24 | $0.05 | $-2.05 | ||
| Q2 24 | $-0.01 | $-1.61 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $327.5M | $22.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $530.1M | $-38.1M |
| Total Assets | $605.0M | $107.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $327.5M | — | ||
| Q4 25 | $342.1M | $22.4M | ||
| Q3 25 | $338.6M | $3.4M | ||
| Q2 25 | $336.8M | $3.7M | ||
| Q1 25 | $325.5M | $6.0M | ||
| Q4 24 | $334.7M | $3.5M | ||
| Q3 24 | $231.3M | $25.9M | ||
| Q2 24 | $256.0M | $33.7M |
| Q1 26 | $530.1M | — | ||
| Q4 25 | $542.1M | $-38.1M | ||
| Q3 25 | $537.7M | $-58.4M | ||
| Q2 25 | $532.2M | $-54.1M | ||
| Q1 25 | $517.4M | $-51.7M | ||
| Q4 24 | $517.8M | $-46.8M | ||
| Q3 24 | $400.2M | $-40.3M | ||
| Q2 24 | $388.4M | $-32.9M |
| Q1 26 | $605.0M | — | ||
| Q4 25 | $612.9M | $107.9M | ||
| Q3 25 | $613.2M | $85.9M | ||
| Q2 25 | $608.9M | $90.6M | ||
| Q1 25 | $590.9M | $88.5M | ||
| Q4 24 | $592.2M | $93.2M | ||
| Q3 24 | $477.3M | $92.0M | ||
| Q2 24 | $443.6M | $106.6M |
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 | — | $-11.9M |
| Free Cash FlowOCF − Capex | — | $-12.0M |
| FCF MarginFCF / Revenue | — | -16.2% |
| Capex IntensityCapex / Revenue | — | 0.0% |
| Cash ConversionOCF / Net Profit | — | -0.60× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $9.9M | $-11.9M | ||
| Q3 25 | $7.0M | $4.0M | ||
| Q2 25 | $14.4M | $-6.6M | ||
| Q1 25 | $9.4M | $3.4M | ||
| Q4 24 | $7.1M | $-32.6M | ||
| Q3 24 | $9.2M | $-5.4M | ||
| Q2 24 | $10.7M | $-628.0K |
| Q1 26 | — | — | ||
| Q4 25 | $6.1M | $-12.0M | ||
| Q3 25 | $2.9M | $4.0M | ||
| Q2 25 | $10.2M | — | ||
| Q1 25 | $6.0M | $3.4M | ||
| Q4 24 | $4.4M | $-32.6M | ||
| Q3 24 | $5.9M | $-5.4M | ||
| Q2 24 | $8.0M | $-653.0K |
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | -16.2% | ||
| Q3 25 | 2.8% | 5.4% | ||
| Q2 25 | 10.1% | — | ||
| Q1 25 | 6.0% | 4.7% | ||
| Q4 24 | 4.4% | -51.8% | ||
| Q3 24 | 6.8% | -9.0% | ||
| Q2 24 | 9.7% | -1.1% |
| Q1 26 | — | — | ||
| Q4 25 | 3.6% | 0.0% | ||
| Q3 25 | 3.9% | 0.0% | ||
| Q2 25 | 4.1% | 0.0% | ||
| Q1 25 | 3.3% | 0.0% | ||
| Q4 24 | 2.6% | 0.1% | ||
| Q3 24 | 3.7% | 0.0% | ||
| Q2 24 | 3.2% | 0.0% |
| Q1 26 | — | — | ||
| Q4 25 | 32.34× | -0.60× | ||
| 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.
