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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and LTC PROPERTIES INC (LTC). 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 $84.3M, roughly 1.2× LTC PROPERTIES INC). LTC PROPERTIES INC runs the higher net margin — 123.0% vs -1.4%, a 124.4% gap on every dollar of revenue. On growth, LTC PROPERTIES INC posted the faster year-over-year revenue change (60.3% vs 3.7%). Over the past eight quarters, LTC PROPERTIES INC's revenue compounded faster (28.1% 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.

LTC Properties Inc is a U.S.-based real estate investment trust (REIT) that owns, finances, and manages seniors housing and healthcare-related real estate assets. Its core portfolio includes assisted living facilities, skilled nursing properties, memory care centers, and independent living communities for senior care and healthcare service operators.

GDYN vs LTC — Head-to-Head

Bigger by revenue
GDYN
GDYN
1.2× larger
GDYN
$104.1M
$84.3M
LTC
Growing faster (revenue YoY)
LTC
LTC
+56.6% gap
LTC
60.3%
3.7%
GDYN
Higher net margin
LTC
LTC
124.4% more per $
LTC
123.0%
-1.4%
GDYN
Faster 2-yr revenue CAGR
LTC
LTC
Annualised
LTC
28.1%
12.0%
GDYN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GDYN
GDYN
LTC
LTC
Revenue
$104.1M
$84.3M
Net Profit
$-1.5M
$103.7M
Gross Margin
34.8%
Operating Margin
61.7%
Net Margin
-1.4%
123.0%
Revenue YoY
3.7%
60.3%
Net Profit YoY
-150.6%
429.1%
EPS (diluted)
$-0.02
$2.19

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
LTC
LTC
Q1 26
$104.1M
Q4 25
$106.2M
$84.3M
Q3 25
$104.2M
$69.3M
Q2 25
$101.1M
$60.2M
Q1 25
$100.4M
$49.0M
Q4 24
$100.3M
$52.6M
Q3 24
$87.4M
$55.8M
Q2 24
$83.0M
$50.1M
Net Profit
GDYN
GDYN
LTC
LTC
Q1 26
$-1.5M
Q4 25
$306.0K
$103.7M
Q3 25
$1.2M
$-20.0M
Q2 25
$5.3M
$15.1M
Q1 25
$2.9M
$20.7M
Q4 24
$4.5M
$19.6M
Q3 24
$4.3M
$29.4M
Q2 24
$-817.0K
$19.4M
Gross Margin
GDYN
GDYN
LTC
LTC
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%
Operating Margin
GDYN
GDYN
LTC
LTC
Q1 26
61.7%
Q4 25
0.5%
Q3 25
-0.2%
71.9%
Q2 25
-0.1%
80.5%
Q1 25
-2.0%
37.8%
Q4 24
1.3%
Q3 24
2.4%
95.5%
Q2 24
0.0%
38.0%
Net Margin
GDYN
GDYN
LTC
LTC
Q1 26
-1.4%
Q4 25
0.3%
123.0%
Q3 25
1.1%
-28.9%
Q2 25
5.2%
25.1%
Q1 25
2.9%
42.2%
Q4 24
4.5%
37.3%
Q3 24
4.9%
52.6%
Q2 24
-1.0%
38.6%
EPS (diluted)
GDYN
GDYN
LTC
LTC
Q1 26
$-0.02
Q4 25
$0.01
$2.19
Q3 25
$0.01
$-0.44
Q2 25
$0.06
$0.32
Q1 25
$0.03
$0.45
Q4 24
$0.06
$0.38
Q3 24
$0.05
$0.66
Q2 24
$-0.01
$0.44

Balance Sheet & Financial Strength

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

Metric
GDYN
GDYN
LTC
LTC
Cash + ST InvestmentsLiquidity on hand
$327.5M
$14.4M
Total DebtLower is stronger
$842.2M
Stockholders' EquityBook value
$530.1M
$1.1B
Total Assets
$605.0M
$2.1B
Debt / EquityLower = less leverage
0.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDYN
GDYN
LTC
LTC
Q1 26
$327.5M
Q4 25
$342.1M
$14.4M
Q3 25
$338.6M
$17.9M
Q2 25
$336.8M
$7.6M
Q1 25
$325.5M
$23.3M
Q4 24
$334.7M
$9.4M
Q3 24
$231.3M
$35.0M
Q2 24
$256.0M
$6.2M
Total Debt
GDYN
GDYN
LTC
LTC
Q1 26
Q4 25
$842.2M
Q3 25
$944.5M
Q2 25
$696.5M
Q1 25
$682.2M
Q4 24
$684.6M
Q3 24
$785.3M
Q2 24
$861.0M
Stockholders' Equity
GDYN
GDYN
LTC
LTC
Q1 26
$530.1M
Q4 25
$542.1M
$1.1B
Q3 25
$537.7M
$957.9M
Q2 25
$532.2M
$957.5M
Q1 25
$517.4M
$961.9M
Q4 24
$517.8M
$960.6M
Q3 24
$400.2M
$947.8M
Q2 24
$388.4M
$889.1M
Total Assets
GDYN
GDYN
LTC
LTC
Q1 26
$605.0M
Q4 25
$612.9M
$2.1B
Q3 25
$613.2M
$2.0B
Q2 25
$608.9M
$1.8B
Q1 25
$590.9M
$1.8B
Q4 24
$592.2M
$1.8B
Q3 24
$477.3M
$1.9B
Q2 24
$443.6M
$1.9B
Debt / Equity
GDYN
GDYN
LTC
LTC
Q1 26
Q4 25
0.78×
Q3 25
0.99×
Q2 25
0.73×
Q1 25
0.71×
Q4 24
0.71×
Q3 24
0.83×
Q2 24
0.97×

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
LTC
LTC
Operating Cash FlowLast quarter
$136.0M
Free Cash FlowOCF − Capex
$128.7M
FCF MarginFCF / Revenue
152.7%
Capex IntensityCapex / Revenue
8.6%
Cash ConversionOCF / Net Profit
1.31×
TTM Free Cash FlowTrailing 4 quarters
$220.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDYN
GDYN
LTC
LTC
Q1 26
Q4 25
$9.9M
$136.0M
Q3 25
$7.0M
$38.4M
Q2 25
$14.4M
$30.0M
Q1 25
$9.4M
$29.6M
Q4 24
$7.1M
$125.9M
Q3 24
$9.2M
$34.0M
Q2 24
$10.7M
$37.0M
Free Cash Flow
GDYN
GDYN
LTC
LTC
Q1 26
Q4 25
$6.1M
$128.7M
Q3 25
$2.9M
$34.3M
Q2 25
$10.2M
$28.9M
Q1 25
$6.0M
$28.2M
Q4 24
$4.4M
$112.2M
Q3 24
$5.9M
$27.7M
Q2 24
$8.0M
$34.7M
FCF Margin
GDYN
GDYN
LTC
LTC
Q1 26
Q4 25
5.7%
152.7%
Q3 25
2.8%
49.4%
Q2 25
10.1%
47.9%
Q1 25
6.0%
57.6%
Q4 24
4.4%
213.4%
Q3 24
6.8%
49.7%
Q2 24
9.7%
69.1%
Capex Intensity
GDYN
GDYN
LTC
LTC
Q1 26
Q4 25
3.6%
8.6%
Q3 25
3.9%
6.0%
Q2 25
4.1%
1.9%
Q1 25
3.3%
2.7%
Q4 24
2.6%
26.0%
Q3 24
3.7%
11.2%
Q2 24
3.2%
4.6%
Cash Conversion
GDYN
GDYN
LTC
LTC
Q1 26
Q4 25
32.34×
1.31×
Q3 25
5.92×
Q2 25
2.73×
1.99×
Q1 25
3.21×
1.43×
Q4 24
1.56×
6.43×
Q3 24
2.15×
1.16×
Q2 24
1.91×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GDYN
GDYN

Segment breakdown not available.

LTC
LTC

Seniors Housing Operating Portfolio Segment$72.1M86%
Other$12.2M14%

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