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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and DORIAN LPG LTD. (LPG). Click either name above to swap in a different company.
DORIAN LPG LTD. is the larger business by last-quarter revenue ($120.0M vs $104.1M, roughly 1.2× GRID DYNAMICS HOLDINGS, INC.). DORIAN LPG LTD. runs the higher net margin — 39.3% vs -1.4%, a 40.8% gap on every dollar of revenue. On growth, DORIAN LPG LTD. posted the faster year-over-year revenue change (48.7% vs 3.7%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (12.0% CAGR vs -7.9%).
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.
Dorian LPG Ltd. is a leading international shipping company focused on the seaborne transportation of liquefied petroleum gas (LPG). It owns and operates a modern fleet of very large gas carriers, serving energy and petrochemical industry clients across key markets including North America, Asia and Europe.
GDYN vs LPG — Head-to-Head
Income Statement — Q1 FY2026 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $104.1M | $120.0M |
| Net Profit | $-1.5M | $47.2M |
| Gross Margin | 34.8% | — |
| Operating Margin | 61.7% | 42.8% |
| Net Margin | -1.4% | 39.3% |
| Revenue YoY | 3.7% | 48.7% |
| Net Profit YoY | -150.6% | 120.9% |
| EPS (diluted) | $-0.02 | $1.11 |
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 | $120.0M | ||
| Q3 25 | $104.2M | $124.1M | ||
| Q2 25 | $101.1M | $84.2M | ||
| Q1 25 | $100.4M | $75.9M | ||
| Q4 24 | $100.3M | $80.7M | ||
| Q3 24 | $87.4M | $82.4M | ||
| Q2 24 | $83.0M | $114.4M |
| Q1 26 | $-1.5M | — | ||
| Q4 25 | $306.0K | $47.2M | ||
| Q3 25 | $1.2M | $55.4M | ||
| Q2 25 | $5.3M | $10.1M | ||
| Q1 25 | $2.9M | $8.1M | ||
| Q4 24 | $4.5M | $21.4M | ||
| Q3 24 | $4.3M | $9.4M | ||
| Q2 24 | $-817.0K | $51.3M |
| Q1 26 | 34.8% | — | ||
| 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 26 | 61.7% | — | ||
| Q4 25 | 0.5% | 42.8% | ||
| Q3 25 | -0.2% | 47.8% | ||
| Q2 25 | -0.1% | 18.5% | ||
| Q1 25 | -2.0% | 19.4% | ||
| Q4 24 | 1.3% | 29.0% | ||
| Q3 24 | 2.4% | 23.2% | ||
| Q2 24 | 0.0% | 48.5% |
| Q1 26 | -1.4% | — | ||
| Q4 25 | 0.3% | 39.3% | ||
| Q3 25 | 1.1% | 44.6% | ||
| Q2 25 | 5.2% | 12.0% | ||
| Q1 25 | 2.9% | 10.7% | ||
| Q4 24 | 4.5% | 26.5% | ||
| Q3 24 | 4.9% | 11.4% | ||
| Q2 24 | -1.0% | 44.9% |
| Q1 26 | $-0.02 | — | ||
| Q4 25 | $0.01 | $1.11 | ||
| Q3 25 | $0.01 | $1.30 | ||
| Q2 25 | $0.06 | $0.24 | ||
| Q1 25 | $0.03 | $0.17 | ||
| Q4 24 | $0.06 | $0.50 | ||
| Q3 24 | $0.05 | $0.22 | ||
| Q2 24 | $-0.01 | $1.25 |
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 | $294.5M |
| Total DebtLower is stronger | — | $513.2M |
| Stockholders' EquityBook value | $530.1M | $1.1B |
| Total Assets | $605.0M | $1.8B |
| Debt / EquityLower = less leverage | — | 0.47× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $327.5M | — | ||
| Q4 25 | $342.1M | $294.5M | ||
| Q3 25 | $338.6M | $268.3M | ||
| Q2 25 | $336.8M | $277.9M | ||
| Q1 25 | $325.5M | $316.9M | ||
| Q4 24 | $334.7M | $314.5M | ||
| Q3 24 | $231.3M | $348.6M | ||
| Q2 24 | $256.0M | $353.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | $513.2M | ||
| Q3 25 | — | $526.4M | ||
| Q2 25 | — | $539.6M | ||
| Q1 25 | — | $553.3M | ||
| Q4 24 | — | $565.9M | ||
| Q3 24 | — | $579.0M | ||
| Q2 24 | — | $592.1M |
| Q1 26 | $530.1M | — | ||
| Q4 25 | $542.1M | $1.1B | ||
| Q3 25 | $537.7M | $1.1B | ||
| Q2 25 | $532.2M | $1.0B | ||
| Q1 25 | $517.4M | $1.0B | ||
| Q4 24 | $517.8M | $1.1B | ||
| Q3 24 | $400.2M | $1.1B | ||
| Q2 24 | $388.4M | $1.1B |
| Q1 26 | $605.0M | — | ||
| Q4 25 | $612.9M | $1.8B | ||
| Q3 25 | $613.2M | $1.8B | ||
| Q2 25 | $608.9M | $1.7B | ||
| Q1 25 | $590.9M | $1.8B | ||
| Q4 24 | $592.2M | $1.8B | ||
| Q3 24 | $477.3M | $1.9B | ||
| Q2 24 | $443.6M | $1.9B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.47× | ||
| Q3 25 | — | 0.49× | ||
| Q2 25 | — | 0.52× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | — | 0.53× | ||
| Q3 24 | — | 0.53× | ||
| Q2 24 | — | 0.53× |
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 | — | $80.8M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 1.71× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $9.9M | $80.8M | ||
| Q3 25 | $7.0M | $46.4M | ||
| Q2 25 | $14.4M | $814.5K | ||
| Q1 25 | $9.4M | $50.2M | ||
| Q4 24 | $7.1M | $24.3M | ||
| Q3 24 | $9.2M | $57.3M | ||
| Q2 24 | $10.7M | $41.2M |
| Q1 26 | — | — | ||
| Q4 25 | $6.1M | — | ||
| Q3 25 | $2.9M | — | ||
| Q2 25 | $10.2M | — | ||
| Q1 25 | $6.0M | — | ||
| Q4 24 | $4.4M | — | ||
| Q3 24 | $5.9M | — | ||
| Q2 24 | $8.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | — | ||
| Q3 25 | 2.8% | — | ||
| Q2 25 | 10.1% | — | ||
| Q1 25 | 6.0% | — | ||
| Q4 24 | 4.4% | — | ||
| Q3 24 | 6.8% | — | ||
| Q2 24 | 9.7% | — |
| Q1 26 | — | — | ||
| Q4 25 | 3.6% | — | ||
| Q3 25 | 3.9% | — | ||
| Q2 25 | 4.1% | — | ||
| Q1 25 | 3.3% | — | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 3.7% | — | ||
| Q2 24 | 3.2% | — |
| Q1 26 | — | — | ||
| Q4 25 | 32.34× | 1.71× | ||
| Q3 25 | 5.92× | 0.84× | ||
| Q2 25 | 2.73× | 0.08× | ||
| Q1 25 | 3.21× | 6.20× | ||
| Q4 24 | 1.56× | 1.14× | ||
| Q3 24 | 2.15× | 6.08× | ||
| Q2 24 | — | 0.80× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
