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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and LXP Industrial Trust (LXP). 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 $86.7M, roughly 1.2× LXP Industrial Trust). LXP Industrial Trust runs the higher net margin — 33.2% vs -1.4%, a 34.6% gap on every dollar of revenue. On growth, GRID DYNAMICS HOLDINGS, INC. posted the faster year-over-year revenue change (3.7% vs -14.0%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (12.0% CAGR vs 0.3%).

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.

LXP Industrial Trust is a publicly traded real estate investment trust (REIT) that owns, operates, and invests in high-quality industrial real estate assets, primarily distribution centers, logistics facilities, and light industrial properties across key markets in the United States. Its tenant base covers e-commerce, third-party logistics, and advanced manufacturing sectors, delivering stable long-term returns for its investors.

GDYN vs LXP — Head-to-Head

Bigger by revenue
GDYN
GDYN
1.2× larger
GDYN
$104.1M
$86.7M
LXP
Growing faster (revenue YoY)
GDYN
GDYN
+17.7% gap
GDYN
3.7%
-14.0%
LXP
Higher net margin
LXP
LXP
34.6% more per $
LXP
33.2%
-1.4%
GDYN
Faster 2-yr revenue CAGR
GDYN
GDYN
Annualised
GDYN
12.0%
0.3%
LXP

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GDYN
GDYN
LXP
LXP
Revenue
$104.1M
$86.7M
Net Profit
$-1.5M
$28.8M
Gross Margin
34.8%
81.5%
Operating Margin
61.7%
34.6%
Net Margin
-1.4%
33.2%
Revenue YoY
3.7%
-14.0%
Net Profit YoY
-150.6%
EPS (diluted)
$-0.02

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
LXP
LXP
Q1 26
$104.1M
Q4 25
$106.2M
$86.7M
Q3 25
$104.2M
$86.9M
Q2 25
$101.1M
$87.7M
Q1 25
$100.4M
$88.9M
Q4 24
$100.3M
$100.9M
Q3 24
$87.4M
$85.6M
Q2 24
$83.0M
$85.8M
Net Profit
GDYN
GDYN
LXP
LXP
Q1 26
$-1.5M
Q4 25
$306.0K
$28.8M
Q3 25
$1.2M
$36.3M
Q2 25
$5.3M
$29.1M
Q1 25
$2.9M
$19.0M
Q4 24
$4.5M
Q3 24
$4.3M
$6.3M
Q2 24
$-817.0K
$5.4M
Gross Margin
GDYN
GDYN
LXP
LXP
Q1 26
34.8%
Q4 25
34.0%
81.5%
Q3 25
33.3%
82.3%
Q2 25
34.1%
81.9%
Q1 25
36.8%
80.7%
Q4 24
36.9%
85.3%
Q3 24
37.4%
82.5%
Q2 24
35.6%
82.0%
Operating Margin
GDYN
GDYN
LXP
LXP
Q1 26
61.7%
Q4 25
0.5%
34.6%
Q3 25
-0.2%
50.4%
Q2 25
-0.1%
33.7%
Q1 25
-2.0%
21.8%
Q4 24
1.3%
Q3 24
2.4%
7.9%
Q2 24
0.0%
6.9%
Net Margin
GDYN
GDYN
LXP
LXP
Q1 26
-1.4%
Q4 25
0.3%
33.2%
Q3 25
1.1%
41.7%
Q2 25
5.2%
33.2%
Q1 25
2.9%
21.4%
Q4 24
4.5%
Q3 24
4.9%
7.4%
Q2 24
-1.0%
6.3%
EPS (diluted)
GDYN
GDYN
LXP
LXP
Q1 26
$-0.02
Q4 25
$0.01
Q3 25
$0.01
$0.12
Q2 25
$0.06
$0.09
Q1 25
$0.03
$0.06
Q4 24
$0.06
Q3 24
$0.05
$0.02
Q2 24
$-0.01
$0.01

Balance Sheet & Financial Strength

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

Metric
GDYN
GDYN
LXP
LXP
Cash + ST InvestmentsLiquidity on hand
$327.5M
$170.4M
Total DebtLower is stronger
$1.4B
Stockholders' EquityBook value
$530.1M
$2.0B
Total Assets
$605.0M
$3.5B
Debt / EquityLower = less leverage
0.66×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDYN
GDYN
LXP
LXP
Q1 26
$327.5M
Q4 25
$342.1M
$170.4M
Q3 25
$338.6M
$229.7M
Q2 25
$336.8M
$71.0M
Q1 25
$325.5M
$70.9M
Q4 24
$334.7M
$101.8M
Q3 24
$231.3M
$55.0M
Q2 24
$256.0M
$48.7M
Total Debt
GDYN
GDYN
LXP
LXP
Q1 26
Q4 25
$1.4B
Q3 25
$1.5B
Q2 25
$1.5B
Q1 25
$1.5B
Q4 24
$1.6B
Q3 24
Q2 24
Stockholders' Equity
GDYN
GDYN
LXP
LXP
Q1 26
$530.1M
Q4 25
$542.1M
$2.0B
Q3 25
$537.7M
$2.1B
Q2 25
$532.2M
$2.1B
Q1 25
$517.4M
$2.1B
Q4 24
$517.8M
$2.1B
Q3 24
$400.2M
$2.1B
Q2 24
$388.4M
$2.1B
Total Assets
GDYN
GDYN
LXP
LXP
Q1 26
$605.0M
Q4 25
$612.9M
$3.5B
Q3 25
$613.2M
$3.7B
Q2 25
$608.9M
$3.7B
Q1 25
$590.9M
$3.8B
Q4 24
$592.2M
$3.8B
Q3 24
$477.3M
$3.9B
Q2 24
$443.6M
$3.9B
Debt / Equity
GDYN
GDYN
LXP
LXP
Q1 26
Q4 25
0.66×
Q3 25
0.72×
Q2 25
0.72×
Q1 25
0.73×
Q4 24
0.75×
Q3 24
Q2 24

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
LXP
LXP
Operating Cash FlowLast quarter
$188.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
6.56×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDYN
GDYN
LXP
LXP
Q1 26
Q4 25
$9.9M
$188.7M
Q3 25
$7.0M
$63.5M
Q2 25
$14.4M
$44.3M
Q1 25
$9.4M
$39.0M
Q4 24
$7.1M
$211.2M
Q3 24
$9.2M
$64.6M
Q2 24
$10.7M
$38.5M
Free Cash Flow
GDYN
GDYN
LXP
LXP
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
FCF Margin
GDYN
GDYN
LXP
LXP
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%
Capex Intensity
GDYN
GDYN
LXP
LXP
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%
Cash Conversion
GDYN
GDYN
LXP
LXP
Q1 26
Q4 25
32.34×
6.56×
Q3 25
5.92×
1.75×
Q2 25
2.73×
1.52×
Q1 25
3.21×
2.05×
Q4 24
1.56×
Q3 24
2.15×
10.18×
Q2 24
7.09×

Financial Flow Comparison

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

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