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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and Lifeway Foods, Inc. (LWAY). 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 $55.4M, roughly 1.9× Lifeway Foods, Inc.). Lifeway Foods, Inc. runs the higher net margin — 4.6% vs -1.4%, a 6.0% gap on every dollar of revenue. On growth, Lifeway Foods, Inc. posted the faster year-over-year revenue change (18.0% vs 3.7%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (12.0% CAGR vs 11.4%).
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.
Lifeway Foods is an Illinois-based health food company founded in 1986. They are a leading U.S. supplier of kefir and fermented probiotic products to support the microbiome.
GDYN vs LWAY — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $104.1M | $55.4M |
| Net Profit | $-1.5M | $2.5M |
| Gross Margin | 34.8% | 27.8% |
| Operating Margin | 61.7% | 6.8% |
| Net Margin | -1.4% | 4.6% |
| Revenue YoY | 3.7% | 18.0% |
| Net Profit YoY | -150.6% | 1688.1% |
| EPS (diluted) | $-0.02 | $0.15 |
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 | $55.4M | ||
| Q3 25 | $104.2M | $57.1M | ||
| Q2 25 | $101.1M | $53.9M | ||
| Q1 25 | $100.4M | $46.1M | ||
| Q4 24 | $100.3M | $46.9M | ||
| Q3 24 | $87.4M | $46.1M | ||
| Q2 24 | $83.0M | $49.2M |
| Q1 26 | $-1.5M | — | ||
| Q4 25 | $306.0K | $2.5M | ||
| Q3 25 | $1.2M | $3.5M | ||
| Q2 25 | $5.3M | $4.2M | ||
| Q1 25 | $2.9M | $3.5M | ||
| Q4 24 | $4.5M | $-160.0K | ||
| Q3 24 | $4.3M | $3.0M | ||
| Q2 24 | $-817.0K | $3.8M |
| Q1 26 | 34.8% | — | ||
| Q4 25 | 34.0% | 27.8% | ||
| Q3 25 | 33.3% | 28.7% | ||
| Q2 25 | 34.1% | 28.6% | ||
| Q1 25 | 36.8% | 23.9% | ||
| Q4 24 | 36.9% | 25.3% | ||
| Q3 24 | 37.4% | 25.7% | ||
| Q2 24 | 35.6% | 27.0% |
| Q1 26 | 61.7% | — | ||
| Q4 25 | 0.5% | 6.8% | ||
| Q3 25 | -0.2% | 8.8% | ||
| Q2 25 | -0.1% | 10.8% | ||
| Q1 25 | -2.0% | 3.4% | ||
| Q4 24 | 1.3% | 1.5% | ||
| Q3 24 | 2.4% | 9.1% | ||
| Q2 24 | 0.0% | 11.0% |
| Q1 26 | -1.4% | — | ||
| Q4 25 | 0.3% | 4.6% | ||
| Q3 25 | 1.1% | 6.2% | ||
| Q2 25 | 5.2% | 7.9% | ||
| Q1 25 | 2.9% | 7.7% | ||
| Q4 24 | 4.5% | -0.3% | ||
| Q3 24 | 4.9% | 6.5% | ||
| Q2 24 | -1.0% | 7.7% |
| Q1 26 | $-0.02 | — | ||
| Q4 25 | $0.01 | $0.15 | ||
| Q3 25 | $0.01 | $0.23 | ||
| Q2 25 | $0.06 | $0.28 | ||
| Q1 25 | $0.03 | $0.23 | ||
| Q4 24 | $0.06 | $0.00 | ||
| Q3 24 | $0.05 | $0.19 | ||
| Q2 24 | $-0.01 | $0.25 |
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 | $5.6M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $530.1M | $85.8M |
| Total Assets | $605.0M | $105.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $327.5M | — | ||
| Q4 25 | $342.1M | $5.6M | ||
| Q3 25 | $338.6M | $23.0M | ||
| Q2 25 | $336.8M | $21.2M | ||
| Q1 25 | $325.5M | $19.4M | ||
| Q4 24 | $334.7M | $16.7M | ||
| Q3 24 | $231.3M | $20.6M | ||
| Q2 24 | $256.0M | $14.6M |
| Q1 26 | $530.1M | — | ||
| Q4 25 | $542.1M | $85.8M | ||
| Q3 25 | $537.7M | $82.8M | ||
| Q2 25 | $532.2M | $78.7M | ||
| Q1 25 | $517.4M | $74.2M | ||
| Q4 24 | $517.8M | $71.9M | ||
| Q3 24 | $400.2M | $71.5M | ||
| Q2 24 | $388.4M | $68.0M |
| Q1 26 | $605.0M | — | ||
| Q4 25 | $612.9M | $105.6M | ||
| Q3 25 | $613.2M | $109.5M | ||
| Q2 25 | $608.9M | $98.3M | ||
| Q1 25 | $590.9M | $93.7M | ||
| Q4 24 | $592.2M | $90.5M | ||
| Q3 24 | $477.3M | $91.3M | ||
| Q2 24 | $443.6M | $84.9M |
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 | — | $267.0K |
| Free Cash FlowOCF − Capex | — | $-17.4M |
| FCF MarginFCF / Revenue | — | -31.5% |
| Capex IntensityCapex / Revenue | — | 31.9% |
| Cash ConversionOCF / Net Profit | — | 0.11× |
| TTM Free Cash FlowTrailing 4 quarters | — | $-16.4M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $9.9M | $267.0K | ||
| Q3 25 | $7.0M | $6.9M | ||
| Q2 25 | $14.4M | $3.9M | ||
| Q1 25 | $9.4M | $-150.0K | ||
| Q4 24 | $7.1M | $-2.6M | ||
| Q3 24 | $9.2M | $7.5M | ||
| Q2 24 | $10.7M | $6.5M |
| Q1 26 | — | — | ||
| Q4 25 | $6.1M | $-17.4M | ||
| Q3 25 | $2.9M | $1.8M | ||
| Q2 25 | $10.2M | $1.6M | ||
| Q1 25 | $6.0M | $-2.4M | ||
| Q4 24 | $4.4M | $-3.8M | ||
| Q3 24 | $5.9M | $5.9M | ||
| Q2 24 | $8.0M | $5.1M |
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | -31.5% | ||
| Q3 25 | 2.8% | 3.1% | ||
| Q2 25 | 10.1% | 3.0% | ||
| Q1 25 | 6.0% | -5.1% | ||
| Q4 24 | 4.4% | -8.2% | ||
| Q3 24 | 6.8% | 12.8% | ||
| Q2 24 | 9.7% | 10.4% |
| Q1 26 | — | — | ||
| Q4 25 | 3.6% | 31.9% | ||
| Q3 25 | 3.9% | 9.0% | ||
| Q2 25 | 4.1% | 4.3% | ||
| Q1 25 | 3.3% | 4.8% | ||
| Q4 24 | 2.6% | 2.7% | ||
| Q3 24 | 3.7% | 3.3% | ||
| Q2 24 | 3.2% | 2.9% |
| Q1 26 | — | — | ||
| Q4 25 | 32.34× | 0.11× | ||
| Q3 25 | 5.92× | 1.96× | ||
| Q2 25 | 2.73× | 0.92× | ||
| Q1 25 | 3.21× | -0.04× | ||
| Q4 24 | 1.56× | — | ||
| Q3 24 | 2.15× | 2.50× | ||
| Q2 24 | — | 1.73× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GDYN
Segment breakdown not available.
LWAY
| Drinkable Kefirotherthan Pro Bugs | $47.8M | 86% |
| Cheese | $4.7M | 8% |
| Cream And Other | $1.7M | 3% |
| Other | $1.2M | 2% |
