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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and Limbach Holdings, Inc. (LMB). Click either name above to swap in a different company.
Limbach Holdings, Inc. is the larger business by last-quarter revenue ($186.9M vs $106.2M, roughly 1.8× GRID DYNAMICS HOLDINGS, INC.). Limbach Holdings, Inc. runs the higher net margin — 6.6% vs 0.3%, a 6.3% gap on every dollar of revenue. On growth, Limbach Holdings, Inc. posted the faster year-over-year revenue change (30.1% vs 5.9%). Limbach Holdings, Inc. produced more free cash flow last quarter ($27.9M vs $6.1M). Over the past eight quarters, Limbach Holdings, Inc.'s revenue compounded faster (25.3% 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.
Limbach Flugmotoren is a Chinese-owned company based in Germany that produces aircraft engines.
GDYN vs LMB — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $106.2M | $186.9M |
| Net Profit | $306.0K | $12.3M |
| Gross Margin | 34.0% | 25.7% |
| Operating Margin | 0.5% | 9.4% |
| Net Margin | 0.3% | 6.6% |
| Revenue YoY | 5.9% | 30.1% |
| Net Profit YoY | -93.2% | 25.0% |
| EPS (diluted) | $0.01 | $1.01 |
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 | $186.9M | ||
| Q3 25 | $104.2M | $184.6M | ||
| Q2 25 | $101.1M | $142.2M | ||
| Q1 25 | $100.4M | $133.1M | ||
| Q4 24 | $100.3M | $143.7M | ||
| Q3 24 | $87.4M | $133.9M | ||
| Q2 24 | $83.0M | $122.2M | ||
| Q1 24 | $79.8M | $119.0M |
| Q4 25 | $306.0K | $12.3M | ||
| Q3 25 | $1.2M | $8.8M | ||
| Q2 25 | $5.3M | $7.8M | ||
| Q1 25 | $2.9M | $10.2M | ||
| Q4 24 | $4.5M | $9.8M | ||
| Q3 24 | $4.3M | $7.5M | ||
| Q2 24 | $-817.0K | $6.0M | ||
| Q1 24 | $-3.9M | $7.6M |
| Q4 25 | 34.0% | 25.7% | ||
| Q3 25 | 33.3% | 24.2% | ||
| Q2 25 | 34.1% | 28.0% | ||
| Q1 25 | 36.8% | 27.6% | ||
| Q4 24 | 36.9% | 30.3% | ||
| Q3 24 | 37.4% | 27.0% | ||
| Q2 24 | 35.6% | 27.4% | ||
| Q1 24 | 34.7% | 26.1% |
| Q4 25 | 0.5% | 9.4% | ||
| Q3 25 | -0.2% | 7.2% | ||
| Q2 25 | -0.1% | 7.5% | ||
| Q1 25 | -2.0% | 5.9% | ||
| Q4 24 | 1.3% | 9.1% | ||
| Q3 24 | 2.4% | 8.1% | ||
| Q2 24 | 0.0% | 6.7% | ||
| Q1 24 | -6.9% | 5.5% |
| Q4 25 | 0.3% | 6.6% | ||
| Q3 25 | 1.1% | 4.8% | ||
| Q2 25 | 5.2% | 5.5% | ||
| Q1 25 | 2.9% | 7.7% | ||
| Q4 24 | 4.5% | 6.9% | ||
| Q3 24 | 4.9% | 5.6% | ||
| Q2 24 | -1.0% | 4.9% | ||
| Q1 24 | -4.9% | 6.4% |
| Q4 25 | $0.01 | $1.01 | ||
| Q3 25 | $0.01 | $0.73 | ||
| Q2 25 | $0.06 | $0.64 | ||
| Q1 25 | $0.03 | $0.85 | ||
| Q4 24 | $0.06 | $0.81 | ||
| Q3 24 | $0.05 | $0.62 | ||
| Q2 24 | $-0.01 | $0.50 | ||
| Q1 24 | $-0.05 | $0.64 |
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 | $11.3M |
| Total DebtLower is stronger | — | $30.5M |
| Stockholders' EquityBook value | $542.1M | $195.7M |
| Total Assets | $612.9M | $381.1M |
| Debt / EquityLower = less leverage | — | 0.16× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $342.1M | $11.3M | ||
| Q3 25 | $338.6M | $9.8M | ||
| Q2 25 | $336.8M | $38.9M | ||
| Q1 25 | $325.5M | $38.1M | ||
| Q4 24 | $334.7M | $44.9M | ||
| Q3 24 | $231.3M | $51.2M | ||
| Q2 24 | $256.0M | $59.5M | ||
| Q1 24 | $249.4M | $48.2M |
| Q4 25 | — | $30.5M | ||
| Q3 25 | — | $56.3M | ||
| Q2 25 | — | $28.4M | ||
| Q1 25 | — | $23.7M | ||
| Q4 24 | — | $23.6M | ||
| Q3 24 | — | $20.5M | ||
| Q2 24 | — | $19.7M | ||
| Q1 24 | — | $19.4M |
| Q4 25 | $542.1M | $195.7M | ||
| Q3 25 | $537.7M | $181.6M | ||
| Q2 25 | $532.2M | $170.5M | ||
| Q1 25 | $517.4M | $161.1M | ||
| Q4 24 | $517.8M | $153.5M | ||
| Q3 24 | $400.2M | $142.2M | ||
| Q2 24 | $388.4M | $133.0M | ||
| Q1 24 | $382.8M | $125.5M |
| Q4 25 | $612.9M | $381.1M | ||
| Q3 25 | $613.2M | $409.1M | ||
| Q2 25 | $608.9M | $343.0M | ||
| Q1 25 | $590.9M | $336.4M | ||
| Q4 24 | $592.2M | $352.1M | ||
| Q3 24 | $477.3M | $324.4M | ||
| Q2 24 | $443.6M | $303.9M | ||
| Q1 24 | $435.3M | $289.2M |
| Q4 25 | — | 0.16× | ||
| Q3 25 | — | 0.31× | ||
| Q2 25 | — | 0.17× | ||
| Q1 25 | — | 0.15× | ||
| Q4 24 | — | 0.15× | ||
| Q3 24 | — | 0.14× | ||
| Q2 24 | — | 0.15× | ||
| Q1 24 | — | 0.15× |
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 | $28.1M |
| Free Cash FlowOCF − Capex | $6.1M | $27.9M |
| FCF MarginFCF / Revenue | 5.7% | 14.9% |
| Capex IntensityCapex / Revenue | 3.6% | 0.1% |
| Cash ConversionOCF / Net Profit | 32.34× | 2.29× |
| TTM Free Cash FlowTrailing 4 quarters | $25.3M | $41.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $9.9M | $28.1M | ||
| Q3 25 | $7.0M | $13.3M | ||
| Q2 25 | $14.4M | $2.0M | ||
| Q1 25 | $9.4M | $2.2M | ||
| Q4 24 | $7.1M | $19.3M | ||
| Q3 24 | $9.2M | $4.9M | ||
| Q2 24 | $10.7M | $16.5M | ||
| Q1 24 | $3.2M | $-3.9M |
| Q4 25 | $6.1M | $27.9M | ||
| Q3 25 | $2.9M | $12.8M | ||
| Q2 25 | $10.2M | $1.2M | ||
| Q1 25 | $6.0M | $11.0K | ||
| Q4 24 | $4.4M | $18.0M | ||
| Q3 24 | $5.9M | $4.6M | ||
| Q2 24 | $8.0M | $13.2M | ||
| Q1 24 | $43.0K | $-6.5M |
| Q4 25 | 5.7% | 14.9% | ||
| Q3 25 | 2.8% | 7.0% | ||
| Q2 25 | 10.1% | 0.8% | ||
| Q1 25 | 6.0% | 0.0% | ||
| Q4 24 | 4.4% | 12.5% | ||
| Q3 24 | 6.8% | 3.4% | ||
| Q2 24 | 9.7% | 10.8% | ||
| Q1 24 | 0.1% | -5.5% |
| Q4 25 | 3.6% | 0.1% | ||
| Q3 25 | 3.9% | 0.3% | ||
| Q2 25 | 4.1% | 0.6% | ||
| Q1 25 | 3.3% | 1.7% | ||
| Q4 24 | 2.6% | 0.9% | ||
| Q3 24 | 3.7% | 0.3% | ||
| Q2 24 | 3.2% | 2.7% | ||
| Q1 24 | 4.0% | 2.1% |
| Q4 25 | 32.34× | 2.29× | ||
| Q3 25 | 5.92× | 1.52× | ||
| Q2 25 | 2.73× | 0.26× | ||
| Q1 25 | 3.21× | 0.22× | ||
| Q4 24 | 1.56× | 1.96× | ||
| Q3 24 | 2.15× | 0.66× | ||
| Q2 24 | — | 2.77× | ||
| Q1 24 | — | -0.52× |
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% |
LMB
| Owner Direct Relationships Segment | $145.0M | 78% |
| General Contractor Construction Manager Relationships Segment | $41.9M | 22% |
