vs
Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and MEDALLION FINANCIAL CORP (MFIN). Click either name above to swap in a different company.
GRID DYNAMICS HOLDINGS, INC. is the larger business by last-quarter revenue ($106.2M vs $70.6M, roughly 1.5× MEDALLION FINANCIAL CORP). MEDALLION FINANCIAL CORP runs the higher net margin — 17.3% vs 0.3%, a 17.0% gap on every dollar of revenue. On growth, MEDALLION FINANCIAL CORP posted the faster year-over-year revenue change (25.4% vs 5.9%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (15.3% CAGR vs 15.0%).
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.
Mahindra & Mahindra Financial Services Limited (MMFSL) is an Indian rural non-banking financial company headquartered in Mumbai. It is amongst the top tractor financers in India, with 1000+ offices across the country.
GDYN vs MFIN — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $106.2M | $70.6M |
| Net Profit | $306.0K | $12.2M |
| Gross Margin | 34.0% | — |
| Operating Margin | 0.5% | 29.3% |
| Net Margin | 0.3% | 17.3% |
| Revenue YoY | 5.9% | 25.4% |
| Net Profit YoY | -93.2% | 20.3% |
| EPS (diluted) | $0.01 | $0.50 |
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.
| Q4 25 | $106.2M | $70.6M | ||
| Q3 25 | $104.2M | $58.7M | ||
| Q2 25 | $101.1M | $62.6M | ||
| Q1 25 | $100.4M | $63.0M | ||
| Q4 24 | $100.3M | $56.3M | ||
| Q3 24 | $87.4M | $53.3M | ||
| Q2 24 | $83.0M | $51.0M | ||
| Q1 24 | $79.8M | $53.3M |
| Q4 25 | $306.0K | $12.2M | ||
| Q3 25 | $1.2M | $7.8M | ||
| Q2 25 | $5.3M | $11.1M | ||
| Q1 25 | $2.9M | $12.0M | ||
| Q4 24 | $4.5M | $10.1M | ||
| Q3 24 | $4.3M | $8.6M | ||
| Q2 24 | $-817.0K | $7.1M | ||
| Q1 24 | $-3.9M | $10.0M |
| 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 24 | 34.7% | — |
| Q4 25 | 0.5% | 29.3% | ||
| Q3 25 | -0.2% | 33.2% | ||
| Q2 25 | -0.1% | 31.1% | ||
| Q1 25 | -2.0% | 32.1% | ||
| Q4 24 | 1.3% | 32.8% | ||
| Q3 24 | 2.4% | 26.6% | ||
| Q2 24 | 0.0% | 24.3% | ||
| Q1 24 | -6.9% | 33.6% |
| Q4 25 | 0.3% | 17.3% | ||
| Q3 25 | 1.1% | 13.2% | ||
| Q2 25 | 5.2% | 17.7% | ||
| Q1 25 | 2.9% | 19.1% | ||
| Q4 24 | 4.5% | 18.0% | ||
| Q3 24 | 4.9% | 16.1% | ||
| Q2 24 | -1.0% | 13.9% | ||
| Q1 24 | -4.9% | 18.8% |
| Q4 25 | $0.01 | $0.50 | ||
| Q3 25 | $0.01 | $0.32 | ||
| Q2 25 | $0.06 | $0.46 | ||
| Q1 25 | $0.03 | $0.50 | ||
| Q4 24 | $0.06 | $0.43 | ||
| Q3 24 | $0.05 | $0.37 | ||
| Q2 24 | $-0.01 | $0.30 | ||
| Q1 24 | $-0.05 | $0.42 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $342.1M | $136.3M |
| Total DebtLower is stronger | — | $216.0M |
| Stockholders' EquityBook value | $542.1M | $408.6M |
| Total Assets | $612.9M | $3.0B |
| Debt / EquityLower = less leverage | — | 0.53× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $342.1M | $136.3M | ||
| Q3 25 | $338.6M | $72.5M | ||
| Q2 25 | $336.8M | $110.4M | ||
| Q1 25 | $325.5M | $131.5M | ||
| Q4 24 | $334.7M | $98.2M | ||
| Q3 24 | $231.3M | $120.6M | ||
| Q2 24 | $256.0M | $87.7M | ||
| Q1 24 | $249.4M | $54.8M |
| Q4 25 | — | $216.0M | ||
| Q3 25 | — | $215.7M | ||
| Q2 25 | — | $199.9M | ||
| Q1 25 | — | $199.7M | ||
| Q4 24 | — | $232.2M | ||
| Q3 24 | — | $232.0M | ||
| Q2 24 | — | $230.8M | ||
| Q1 24 | — | $225.6M |
| Q4 25 | $542.1M | $408.6M | ||
| Q3 25 | $537.7M | $397.4M | ||
| Q2 25 | $532.2M | $389.9M | ||
| Q1 25 | $517.4M | $380.2M | ||
| Q4 24 | $517.8M | $370.2M | ||
| Q3 24 | $400.2M | $362.4M | ||
| Q2 24 | $388.4M | $354.0M | ||
| Q1 24 | $382.8M | $349.0M |
| Q4 25 | $612.9M | $3.0B | ||
| Q3 25 | $613.2M | $2.9B | ||
| Q2 25 | $608.9M | $2.9B | ||
| Q1 25 | $590.9M | $2.8B | ||
| Q4 24 | $592.2M | $2.9B | ||
| Q3 24 | $477.3M | $2.9B | ||
| Q2 24 | $443.6M | $2.8B | ||
| Q1 24 | $435.3M | $2.6B |
| Q4 25 | — | 0.53× | ||
| Q3 25 | — | 0.54× | ||
| Q2 25 | — | 0.51× | ||
| Q1 25 | — | 0.53× | ||
| Q4 24 | — | 0.63× | ||
| Q3 24 | — | 0.64× | ||
| Q2 24 | — | 0.65× | ||
| Q1 24 | — | 0.65× |
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 | $9.9M | $126.3M |
| Free Cash FlowOCF − Capex | $6.1M | — |
| FCF MarginFCF / Revenue | 5.7% | — |
| Capex IntensityCapex / Revenue | 3.6% | — |
| Cash ConversionOCF / Net Profit | 32.34× | 10.35× |
| TTM Free Cash FlowTrailing 4 quarters | $25.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $9.9M | $126.3M | ||
| Q3 25 | $7.0M | $67.0M | ||
| Q2 25 | $14.4M | $-10.7M | ||
| Q1 25 | $9.4M | $36.3M | ||
| Q4 24 | $7.1M | $108.7M | ||
| Q3 24 | $9.2M | $24.6M | ||
| Q2 24 | $10.7M | $27.6M | ||
| Q1 24 | $3.2M | $32.3M |
| 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 24 | $43.0K | — |
| 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 24 | 0.1% | — |
| 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 24 | 4.0% | — |
| Q4 25 | 32.34× | 10.35× | ||
| Q3 25 | 5.92× | 8.63× | ||
| Q2 25 | 2.73× | -0.97× | ||
| Q1 25 | 3.21× | 3.02× | ||
| Q4 24 | 1.56× | 10.72× | ||
| Q3 24 | 2.15× | 2.86× | ||
| Q2 24 | — | 3.89× | ||
| Q1 24 | — | 3.22× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GDYN
| Other | $30.6M | 29% |
| Technology Media And Telecom | $30.1M | 28% |
| Financial Service | $24.3M | 23% |
| Manufactured Product Other | $10.8M | 10% |
| Related Party | $7.6M | 7% |
| Health Care | $2.8M | 3% |
MFIN
Segment breakdown not available.
