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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and LandBridge Co LLC (LB). 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 $56.8M, roughly 1.9× LandBridge Co LLC). LandBridge Co LLC runs the higher net margin — 14.2% vs 0.3%, a 13.9% gap on every dollar of revenue. On growth, LandBridge Co LLC posted the faster year-over-year revenue change (55.6% vs 5.9%). LandBridge Co LLC produced more free cash flow last quarter ($122.0M vs $6.1M). Over the past eight quarters, LandBridge Co LLC's revenue compounded faster (72.8% 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.

GDYN vs LB — Head-to-Head

Bigger by revenue
GDYN
GDYN
1.9× larger
GDYN
$106.2M
$56.8M
LB
Growing faster (revenue YoY)
LB
LB
+49.7% gap
LB
55.6%
5.9%
GDYN
Higher net margin
LB
LB
13.9% more per $
LB
14.2%
0.3%
GDYN
More free cash flow
LB
LB
$115.9M more FCF
LB
$122.0M
$6.1M
GDYN
Faster 2-yr revenue CAGR
LB
LB
Annualised
LB
72.8%
15.3%
GDYN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GDYN
GDYN
LB
LB
Revenue
$106.2M
$56.8M
Net Profit
$306.0K
$8.1M
Gross Margin
34.0%
Operating Margin
0.5%
60.0%
Net Margin
0.3%
14.2%
Revenue YoY
5.9%
55.6%
Net Profit YoY
-93.2%
-83.7%
EPS (diluted)
$0.01
$0.24

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
LB
LB
Q4 25
$106.2M
$56.8M
Q3 25
$104.2M
$50.8M
Q2 25
$101.1M
$47.5M
Q1 25
$100.4M
$44.0M
Q4 24
$100.3M
$36.5M
Q3 24
$87.4M
$28.5M
Q2 24
$83.0M
$26.0M
Q1 24
$79.8M
$19.0M
Net Profit
GDYN
GDYN
LB
LB
Q4 25
$306.0K
$8.1M
Q3 25
$1.2M
$8.1M
Q2 25
$5.3M
$7.5M
Q1 25
$2.9M
$6.5M
Q4 24
$4.5M
$49.3M
Q3 24
$4.3M
$2.7M
Q2 24
$-817.0K
$-57.7M
Q1 24
$-3.9M
$10.8M
Gross Margin
GDYN
GDYN
LB
LB
Q4 25
34.0%
Q3 25
33.3%
Q2 25
34.1%
Q1 25
36.8%
Q4 24
36.9%
Q3 24
37.4%
Q2 24
35.6%
Q1 24
34.7%
Operating Margin
GDYN
GDYN
LB
LB
Q4 25
0.5%
60.0%
Q3 25
-0.2%
60.8%
Q2 25
-0.1%
60.0%
Q1 25
-2.0%
57.0%
Q4 24
1.3%
49.4%
Q3 24
2.4%
11.2%
Q2 24
0.0%
-197.4%
Q1 24
-6.9%
71.1%
Net Margin
GDYN
GDYN
LB
LB
Q4 25
0.3%
14.2%
Q3 25
1.1%
15.9%
Q2 25
5.2%
15.8%
Q1 25
2.9%
14.7%
Q4 24
4.5%
135.2%
Q3 24
4.9%
9.3%
Q2 24
-1.0%
-222.1%
Q1 24
-4.9%
56.7%
EPS (diluted)
GDYN
GDYN
LB
LB
Q4 25
$0.01
$0.24
Q3 25
$0.01
$0.26
Q2 25
$0.06
$0.24
Q1 25
$0.03
$0.20
Q4 24
$0.06
Q3 24
$0.05
$-0.04
Q2 24
$-0.01
Q1 24
$-0.05

Balance Sheet & Financial Strength

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

Metric
GDYN
GDYN
LB
LB
Cash + ST InvestmentsLiquidity on hand
$342.1M
$30.7M
Total DebtLower is stronger
$570.7M
Stockholders' EquityBook value
$542.1M
$340.3M
Total Assets
$612.9M
$1.4B
Debt / EquityLower = less leverage
1.68×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDYN
GDYN
LB
LB
Q4 25
$342.1M
$30.7M
Q3 25
$338.6M
$28.3M
Q2 25
$336.8M
$20.3M
Q1 25
$325.5M
$14.9M
Q4 24
$334.7M
$37.0M
Q3 24
$231.3M
$14.4M
Q2 24
$256.0M
$24.6M
Q1 24
$249.4M
Total Debt
GDYN
GDYN
LB
LB
Q4 25
$570.7M
Q3 25
$366.1M
Q2 25
$370.9M
Q1 25
$375.5M
Q4 24
$385.5M
Q3 24
$242.4M
Q2 24
$360.8M
Q1 24
Stockholders' Equity
GDYN
GDYN
LB
LB
Q4 25
$542.1M
$340.3M
Q3 25
$537.7M
$272.0M
Q2 25
$532.2M
$266.4M
Q1 25
$517.4M
$217.0M
Q4 24
$517.8M
$211.8M
Q3 24
$400.2M
$97.2M
Q2 24
$388.4M
$296.4M
Q1 24
$382.8M
$162.3M
Total Assets
GDYN
GDYN
LB
LB
Q4 25
$612.9M
$1.4B
Q3 25
$613.2M
$1.1B
Q2 25
$608.9M
$1.1B
Q1 25
$590.9M
$1.0B
Q4 24
$592.2M
$1.0B
Q3 24
$477.3M
$689.9M
Q2 24
$443.6M
$710.5M
Q1 24
$435.3M
Debt / Equity
GDYN
GDYN
LB
LB
Q4 25
1.68×
Q3 25
1.35×
Q2 25
1.39×
Q1 25
1.73×
Q4 24
1.82×
Q3 24
2.49×
Q2 24
1.22×
Q1 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
LB
LB
Operating Cash FlowLast quarter
$9.9M
$126.3M
Free Cash FlowOCF − Capex
$6.1M
$122.0M
FCF MarginFCF / Revenue
5.7%
214.9%
Capex IntensityCapex / Revenue
3.6%
7.5%
Cash ConversionOCF / Net Profit
32.34×
15.68×
TTM Free Cash FlowTrailing 4 quarters
$25.3M
$207.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDYN
GDYN
LB
LB
Q4 25
$9.9M
$126.3M
Q3 25
$7.0M
$34.9M
Q2 25
$14.4M
$37.3M
Q1 25
$9.4M
$15.9M
Q4 24
$7.1M
$67.6M
Q3 24
$9.2M
$7.5M
Q2 24
$10.7M
$16.0M
Q1 24
$3.2M
$17.2M
Free Cash Flow
GDYN
GDYN
LB
LB
Q4 25
$6.1M
$122.0M
Q3 25
$2.9M
$33.7M
Q2 25
$10.2M
$36.1M
Q1 25
$6.0M
$15.8M
Q4 24
$4.4M
$66.7M
Q3 24
$5.9M
$7.1M
Q2 24
$8.0M
$15.7M
Q1 24
$43.0K
$17.1M
FCF Margin
GDYN
GDYN
LB
LB
Q4 25
5.7%
214.9%
Q3 25
2.8%
66.3%
Q2 25
10.1%
75.9%
Q1 25
6.0%
36.0%
Q4 24
4.4%
182.6%
Q3 24
6.8%
25.1%
Q2 24
9.7%
60.4%
Q1 24
0.1%
90.1%
Capex Intensity
GDYN
GDYN
LB
LB
Q4 25
3.6%
7.5%
Q3 25
3.9%
2.3%
Q2 25
4.1%
2.6%
Q1 25
3.3%
0.2%
Q4 24
2.6%
2.7%
Q3 24
3.7%
1.1%
Q2 24
3.2%
1.4%
Q1 24
4.0%
0.5%
Cash Conversion
GDYN
GDYN
LB
LB
Q4 25
32.34×
15.68×
Q3 25
5.92×
4.31×
Q2 25
2.73×
4.98×
Q1 25
3.21×
2.46×
Q4 24
1.56×
1.37×
Q3 24
2.15×
2.80×
Q2 24
Q1 24
1.60×

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%

LB
LB

Segment breakdown not available.

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