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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and MANNKIND CORP (MNKD). Click either name above to swap in a different company.

MANNKIND CORP is the larger business by last-quarter revenue ($112.0M vs $104.1M, roughly 1.1× GRID DYNAMICS HOLDINGS, INC.). GRID DYNAMICS HOLDINGS, INC. runs the higher net margin — -1.4% vs -14.2%, a 12.8% gap on every dollar of revenue. On growth, MANNKIND CORP posted the faster year-over-year revenue change (45.8% vs 3.7%). Over the past eight quarters, MANNKIND CORP's revenue compounded faster (30.0% 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.

MannKind Corporation is a biopharmaceutical company focusing on the discovery, development, and commercialization of therapeutic products for diseases such as diabetes and pulmonary arterial hypertension. Based in Danbury, Connecticut, the company was founded in February 1991.

GDYN vs MNKD — Head-to-Head

Bigger by revenue
MNKD
MNKD
1.1× larger
MNKD
$112.0M
$104.1M
GDYN
Growing faster (revenue YoY)
MNKD
MNKD
+42.2% gap
MNKD
45.8%
3.7%
GDYN
Higher net margin
GDYN
GDYN
12.8% more per $
GDYN
-1.4%
-14.2%
MNKD
Faster 2-yr revenue CAGR
MNKD
MNKD
Annualised
MNKD
30.0%
12.0%
GDYN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GDYN
GDYN
MNKD
MNKD
Revenue
$104.1M
$112.0M
Net Profit
$-1.5M
$-15.9M
Gross Margin
34.8%
87.6%
Operating Margin
61.7%
-6.9%
Net Margin
-1.4%
-14.2%
Revenue YoY
3.7%
45.8%
Net Profit YoY
-150.6%
-314.9%
EPS (diluted)
$-0.02
$-0.05

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
MNKD
MNKD
Q1 26
$104.1M
Q4 25
$106.2M
$112.0M
Q3 25
$104.2M
$82.1M
Q2 25
$101.1M
$76.5M
Q1 25
$100.4M
$78.4M
Q4 24
$100.3M
$76.8M
Q3 24
$87.4M
$70.1M
Q2 24
$83.0M
$72.4M
Net Profit
GDYN
GDYN
MNKD
MNKD
Q1 26
$-1.5M
Q4 25
$306.0K
$-15.9M
Q3 25
$1.2M
$8.0M
Q2 25
$5.3M
$668.0K
Q1 25
$2.9M
$13.2M
Q4 24
$4.5M
$7.4M
Q3 24
$4.3M
$11.6M
Q2 24
$-817.0K
$-2.0M
Gross Margin
GDYN
GDYN
MNKD
MNKD
Q1 26
34.8%
Q4 25
34.0%
87.6%
Q3 25
33.3%
94.5%
Q2 25
34.1%
94.0%
Q1 25
36.8%
95.2%
Q4 24
36.9%
93.7%
Q3 24
37.4%
95.4%
Q2 24
35.6%
92.3%
Operating Margin
GDYN
GDYN
MNKD
MNKD
Q1 26
61.7%
Q4 25
0.5%
-6.9%
Q3 25
-0.2%
23.0%
Q2 25
-0.1%
6.9%
Q1 25
-2.0%
28.5%
Q4 24
1.3%
34.5%
Q3 24
2.4%
18.2%
Q2 24
0.0%
22.9%
Net Margin
GDYN
GDYN
MNKD
MNKD
Q1 26
-1.4%
Q4 25
0.3%
-14.2%
Q3 25
1.1%
9.7%
Q2 25
5.2%
0.9%
Q1 25
2.9%
16.8%
Q4 24
4.5%
9.7%
Q3 24
4.9%
16.5%
Q2 24
-1.0%
-2.8%
EPS (diluted)
GDYN
GDYN
MNKD
MNKD
Q1 26
$-0.02
Q4 25
$0.01
$-0.05
Q3 25
$0.01
$0.03
Q2 25
$0.06
$0.00
Q1 25
$0.03
$0.04
Q4 24
$0.06
$0.03
Q3 24
$0.05
$0.04
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
MNKD
MNKD
Cash + ST InvestmentsLiquidity on hand
$327.5M
$171.3M
Total DebtLower is stronger
$354.6M
Stockholders' EquityBook value
$530.1M
$-51.0M
Total Assets
$605.0M
$792.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDYN
GDYN
MNKD
MNKD
Q1 26
$327.5M
Q4 25
$342.1M
$171.3M
Q3 25
$338.6M
$260.0M
Q2 25
$336.8M
$179.0M
Q1 25
$325.5M
$181.5M
Q4 24
$334.7M
$197.3M
Q3 24
$231.3M
$251.6M
Q2 24
$256.0M
$247.8M
Total Debt
GDYN
GDYN
MNKD
MNKD
Q1 26
Q4 25
$354.6M
Q3 25
$109.7M
Q2 25
$36.2M
Q1 25
$36.1M
Q4 24
$36.1M
Q3 24
$227.9M
Q2 24
$227.6M
Stockholders' Equity
GDYN
GDYN
MNKD
MNKD
Q1 26
$530.1M
Q4 25
$542.1M
$-51.0M
Q3 25
$537.7M
$-44.6M
Q2 25
$532.2M
$-55.0M
Q1 25
$517.4M
$-58.6M
Q4 24
$517.8M
$-78.8M
Q3 24
$400.2M
$-209.9M
Q2 24
$388.4M
$-225.8M
Total Assets
GDYN
GDYN
MNKD
MNKD
Q1 26
$605.0M
Q4 25
$612.9M
$792.2M
Q3 25
$613.2M
$494.6M
Q2 25
$608.9M
$411.7M
Q1 25
$590.9M
$410.1M
Q4 24
$592.2M
$393.8M
Q3 24
$477.3M
$464.2M
Q2 24
$443.6M
$443.8M

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
MNKD
MNKD
Operating Cash FlowLast quarter
$-8.0M
Free Cash FlowOCF − Capex
$-10.0M
FCF MarginFCF / Revenue
-8.9%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$13.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDYN
GDYN
MNKD
MNKD
Q1 26
Q4 25
$9.9M
$-8.0M
Q3 25
$7.0M
$23.6M
Q2 25
$14.4M
$8.9M
Q1 25
$9.4M
$-6.4M
Q4 24
$7.1M
$22.6M
Q3 24
$9.2M
$9.3M
Q2 24
$10.7M
$3.8M
Free Cash Flow
GDYN
GDYN
MNKD
MNKD
Q1 26
Q4 25
$6.1M
$-10.0M
Q3 25
$2.9M
$22.5M
Q2 25
$10.2M
$7.8M
Q1 25
$6.0M
$-6.7M
Q4 24
$4.4M
$19.7M
Q3 24
$5.9M
$7.9M
Q2 24
$8.0M
$861.0K
FCF Margin
GDYN
GDYN
MNKD
MNKD
Q1 26
Q4 25
5.7%
-8.9%
Q3 25
2.8%
27.4%
Q2 25
10.1%
10.2%
Q1 25
6.0%
-8.6%
Q4 24
4.4%
25.7%
Q3 24
6.8%
11.3%
Q2 24
9.7%
1.2%
Capex Intensity
GDYN
GDYN
MNKD
MNKD
Q1 26
Q4 25
3.6%
1.8%
Q3 25
3.9%
1.4%
Q2 25
4.1%
1.5%
Q1 25
3.3%
0.4%
Q4 24
2.6%
3.8%
Q3 24
3.7%
2.0%
Q2 24
3.2%
4.1%
Cash Conversion
GDYN
GDYN
MNKD
MNKD
Q1 26
Q4 25
32.34×
Q3 25
5.92×
2.96×
Q2 25
2.73×
13.40×
Q1 25
3.21×
-0.48×
Q4 24
1.56×
3.05×
Q3 24
2.15×
0.81×
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.

MNKD
MNKD

Products$50.4M45%
Royalty$33.6M30%
Afrezza$22.9M20%
V Go$4.3M4%

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