vs

Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and Lulu's Fashion Lounge Holdings, Inc. (LVLU). 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 $66.1M, roughly 1.6× Lulu's Fashion Lounge Holdings, Inc.). GRID DYNAMICS HOLDINGS, INC. runs the higher net margin — -1.4% vs -48.2%, a 46.8% gap on every dollar of revenue. On growth, GRID DYNAMICS HOLDINGS, INC. posted the faster year-over-year revenue change (3.7% vs -11.8%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (12.0% CAGR vs -14.7%).

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.

Lulu's Fashion Lounge Holdings, Inc. is a direct-to-consumer women's fashion retailer offering affordable, trendy apparel, footwear, and accessories. It primarily serves Gen Z and millennial consumers across North America, operating mainly via its e-commerce platform, with limited pop-up physical locations to boost customer engagement.

GDYN vs LVLU — Head-to-Head

Bigger by revenue
GDYN
GDYN
1.6× larger
GDYN
$104.1M
$66.1M
LVLU
Growing faster (revenue YoY)
GDYN
GDYN
+15.4% gap
GDYN
3.7%
-11.8%
LVLU
Higher net margin
GDYN
GDYN
46.8% more per $
GDYN
-1.4%
-48.2%
LVLU
Faster 2-yr revenue CAGR
GDYN
GDYN
Annualised
GDYN
12.0%
-14.7%
LVLU

Income Statement — Q1 FY2026 vs Q4 FY2024

Metric
GDYN
GDYN
LVLU
LVLU
Revenue
$104.1M
$66.1M
Net Profit
$-1.5M
$-31.9M
Gross Margin
34.8%
37.9%
Operating Margin
61.7%
-52.8%
Net Margin
-1.4%
-48.2%
Revenue YoY
3.7%
-11.8%
Net Profit YoY
-150.6%
-340.9%
EPS (diluted)
$-0.02
$-13.46

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
LVLU
LVLU
Q1 26
$104.1M
Q4 25
$106.2M
Q3 25
$104.2M
Q2 25
$101.1M
Q1 25
$100.4M
Q4 24
$100.3M
$66.1M
Q3 24
$87.4M
$80.5M
Q2 24
$83.0M
$92.0M
Net Profit
GDYN
GDYN
LVLU
LVLU
Q1 26
$-1.5M
Q4 25
$306.0K
Q3 25
$1.2M
Q2 25
$5.3M
Q1 25
$2.9M
Q4 24
$4.5M
$-31.9M
Q3 24
$4.3M
$-6.9M
Q2 24
$-817.0K
$-10.8M
Gross Margin
GDYN
GDYN
LVLU
LVLU
Q1 26
34.8%
Q4 25
34.0%
Q3 25
33.3%
Q2 25
34.1%
Q1 25
36.8%
Q4 24
36.9%
37.9%
Q3 24
37.4%
38.1%
Q2 24
35.6%
45.5%
Operating Margin
GDYN
GDYN
LVLU
LVLU
Q1 26
61.7%
Q4 25
0.5%
Q3 25
-0.2%
Q2 25
-0.1%
Q1 25
-2.0%
Q4 24
1.3%
-52.8%
Q3 24
2.4%
-8.5%
Q2 24
0.0%
-4.9%
Net Margin
GDYN
GDYN
LVLU
LVLU
Q1 26
-1.4%
Q4 25
0.3%
Q3 25
1.1%
Q2 25
5.2%
Q1 25
2.9%
Q4 24
4.5%
-48.2%
Q3 24
4.9%
-8.5%
Q2 24
-1.0%
-11.7%
EPS (diluted)
GDYN
GDYN
LVLU
LVLU
Q1 26
$-0.02
Q4 25
$0.01
Q3 25
$0.01
Q2 25
$0.06
Q1 25
$0.03
Q4 24
$0.06
$-13.46
Q3 24
$0.05
$-2.47
Q2 24
$-0.01
$-3.92

Balance Sheet & Financial Strength

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

Metric
GDYN
GDYN
LVLU
LVLU
Cash + ST InvestmentsLiquidity on hand
$327.5M
$4.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$530.1M
$13.4M
Total Assets
$605.0M
$108.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDYN
GDYN
LVLU
LVLU
Q1 26
$327.5M
Q4 25
$342.1M
Q3 25
$338.6M
Q2 25
$336.8M
Q1 25
$325.5M
Q4 24
$334.7M
$4.5M
Q3 24
$231.3M
$6.3M
Q2 24
$256.0M
$1.8M
Stockholders' Equity
GDYN
GDYN
LVLU
LVLU
Q1 26
$530.1M
Q4 25
$542.1M
Q3 25
$537.7M
Q2 25
$532.2M
Q1 25
$517.4M
Q4 24
$517.8M
$13.4M
Q3 24
$400.2M
$43.8M
Q2 24
$388.4M
$48.7M
Total Assets
GDYN
GDYN
LVLU
LVLU
Q1 26
$605.0M
Q4 25
$612.9M
Q3 25
$613.2M
Q2 25
$608.9M
Q1 25
$590.9M
Q4 24
$592.2M
$108.2M
Q3 24
$477.3M
$153.5M
Q2 24
$443.6M
$145.3M

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
LVLU
LVLU
Operating Cash FlowLast quarter
$-2.5M
Free Cash FlowOCF − Capex
$-2.6M
FCF MarginFCF / Revenue
-3.9%
Capex IntensityCapex / Revenue
0.0%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$1.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDYN
GDYN
LVLU
LVLU
Q1 26
Q4 25
$9.9M
Q3 25
$7.0M
Q2 25
$14.4M
Q1 25
$9.4M
Q4 24
$7.1M
$-2.5M
Q3 24
$9.2M
$-5.5M
Q2 24
$10.7M
$3.7M
Free Cash Flow
GDYN
GDYN
LVLU
LVLU
Q1 26
Q4 25
$6.1M
Q3 25
$2.9M
Q2 25
$10.2M
Q1 25
$6.0M
Q4 24
$4.4M
$-2.6M
Q3 24
$5.9M
$-5.9M
Q2 24
$8.0M
$3.4M
FCF Margin
GDYN
GDYN
LVLU
LVLU
Q1 26
Q4 25
5.7%
Q3 25
2.8%
Q2 25
10.1%
Q1 25
6.0%
Q4 24
4.4%
-3.9%
Q3 24
6.8%
-7.3%
Q2 24
9.7%
3.7%
Capex Intensity
GDYN
GDYN
LVLU
LVLU
Q1 26
Q4 25
3.6%
Q3 25
3.9%
Q2 25
4.1%
Q1 25
3.3%
Q4 24
2.6%
0.0%
Q3 24
3.7%
0.5%
Q2 24
3.2%
0.4%
Cash Conversion
GDYN
GDYN
LVLU
LVLU
Q1 26
Q4 25
32.34×
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.

Revenue Breakdown by Segment

GDYN
GDYN

Segment breakdown not available.

LVLU
LVLU

Single Reportable Segment$63.0M95%
Other$2.4M4%
Stored Value Cards$750.0K1%

Related Comparisons