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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and MID PENN BANCORP INC (MPB). 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 $62.0M, roughly 1.7× MID PENN BANCORP INC). MID PENN BANCORP INC runs the higher net margin — 31.4% vs 0.3%, a 31.1% gap on every dollar of revenue. On growth, MID PENN BANCORP INC posted the faster year-over-year revenue change (30.8% vs 5.9%). MID PENN BANCORP INC produced more free cash flow last quarter ($71.8M vs $6.1M). Over the past eight quarters, MID PENN BANCORP INC's revenue compounded faster (21.1% CAGR vs 15.3%).

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.

Commerce Bancorp was a Cherry Hill, New Jersey–based bank created in 1973. In 2007, it was purchased by Toronto-Dominion Bank, which merged Commerce into TD Banknorth, the latter of which was rebranded to TD Bank.

GDYN vs MPB — Head-to-Head

Bigger by revenue
GDYN
GDYN
1.7× larger
GDYN
$106.2M
$62.0M
MPB
Growing faster (revenue YoY)
MPB
MPB
+24.9% gap
MPB
30.8%
5.9%
GDYN
Higher net margin
MPB
MPB
31.1% more per $
MPB
31.4%
0.3%
GDYN
More free cash flow
MPB
MPB
$65.7M more FCF
MPB
$71.8M
$6.1M
GDYN
Faster 2-yr revenue CAGR
MPB
MPB
Annualised
MPB
21.1%
15.3%
GDYN

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
GDYN
GDYN
MPB
MPB
Revenue
$106.2M
$62.0M
Net Profit
$306.0K
$19.4M
Gross Margin
34.0%
Operating Margin
0.5%
43.6%
Net Margin
0.3%
31.4%
Revenue YoY
5.9%
30.8%
Net Profit YoY
-93.2%
47.0%
EPS (diluted)
$0.01
$0.83

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
MPB
MPB
Q4 25
$106.2M
$62.0M
Q3 25
$104.2M
$61.8M
Q2 25
$101.1M
$54.3M
Q1 25
$100.4M
$47.7M
Q4 24
$100.3M
$47.4M
Q3 24
$87.4M
$45.3M
Q2 24
$83.0M
$44.1M
Q1 24
$79.8M
$42.3M
Net Profit
GDYN
GDYN
MPB
MPB
Q4 25
$306.0K
$19.4M
Q3 25
$1.2M
$18.3M
Q2 25
$5.3M
$4.8M
Q1 25
$2.9M
$13.7M
Q4 24
$4.5M
$13.2M
Q3 24
$4.3M
$12.3M
Q2 24
$-817.0K
$11.8M
Q1 24
$-3.9M
$12.1M
Gross Margin
GDYN
GDYN
MPB
MPB
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%
Operating Margin
GDYN
GDYN
MPB
MPB
Q4 25
0.5%
43.6%
Q3 25
-0.2%
39.3%
Q2 25
-0.1%
7.9%
Q1 25
-2.0%
35.2%
Q4 24
1.3%
34.1%
Q3 24
2.4%
32.8%
Q2 24
0.0%
32.4%
Q1 24
-6.9%
34.8%
Net Margin
GDYN
GDYN
MPB
MPB
Q4 25
0.3%
31.4%
Q3 25
1.1%
29.6%
Q2 25
5.2%
8.8%
Q1 25
2.9%
28.8%
Q4 24
4.5%
27.9%
Q3 24
4.9%
27.1%
Q2 24
-1.0%
26.7%
Q1 24
-4.9%
28.7%
EPS (diluted)
GDYN
GDYN
MPB
MPB
Q4 25
$0.01
$0.83
Q3 25
$0.01
$0.79
Q2 25
$0.06
$0.22
Q1 25
$0.03
$0.71
Q4 24
$0.06
$0.72
Q3 24
$0.05
$0.74
Q2 24
$-0.01
$0.71
Q1 24
$-0.05
$0.73

Balance Sheet & Financial Strength

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

Metric
GDYN
GDYN
MPB
MPB
Cash + ST InvestmentsLiquidity on hand
$342.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$542.1M
$814.1M
Total Assets
$612.9M
$6.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDYN
GDYN
MPB
MPB
Q4 25
$342.1M
Q3 25
$338.6M
Q2 25
$336.8M
Q1 25
$325.5M
Q4 24
$334.7M
Q3 24
$231.3M
Q2 24
$256.0M
Q1 24
$249.4M
Stockholders' Equity
GDYN
GDYN
MPB
MPB
Q4 25
$542.1M
$814.1M
Q3 25
$537.7M
$796.3M
Q2 25
$532.2M
$775.7M
Q1 25
$517.4M
$667.9M
Q4 24
$517.8M
$655.0M
Q3 24
$400.2M
$573.1M
Q2 24
$388.4M
$559.7M
Q1 24
$382.8M
$551.0M
Total Assets
GDYN
GDYN
MPB
MPB
Q4 25
$612.9M
$6.1B
Q3 25
$613.2M
$6.3B
Q2 25
$608.9M
$6.4B
Q1 25
$590.9M
$5.5B
Q4 24
$592.2M
$5.5B
Q3 24
$477.3M
$5.5B
Q2 24
$443.6M
$5.4B
Q1 24
$435.3M
$5.3B

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
MPB
MPB
Operating Cash FlowLast quarter
$9.9M
$80.0M
Free Cash FlowOCF − Capex
$6.1M
$71.8M
FCF MarginFCF / Revenue
5.7%
115.8%
Capex IntensityCapex / Revenue
3.6%
13.3%
Cash ConversionOCF / Net Profit
32.34×
4.12×
TTM Free Cash FlowTrailing 4 quarters
$25.3M
$132.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDYN
GDYN
MPB
MPB
Q4 25
$9.9M
$80.0M
Q3 25
$7.0M
$26.3M
Q2 25
$14.4M
$29.0M
Q1 25
$9.4M
$11.5M
Q4 24
$7.1M
$51.4M
Q3 24
$9.2M
$16.9M
Q2 24
$10.7M
$18.0M
Q1 24
$3.2M
$12.4M
Free Cash Flow
GDYN
GDYN
MPB
MPB
Q4 25
$6.1M
$71.8M
Q3 25
$2.9M
$24.3M
Q2 25
$10.2M
$27.2M
Q1 25
$6.0M
$8.8M
Q4 24
$4.4M
$44.5M
Q3 24
$5.9M
$16.8M
Q2 24
$8.0M
$17.7M
Q1 24
$43.0K
$12.1M
FCF Margin
GDYN
GDYN
MPB
MPB
Q4 25
5.7%
115.8%
Q3 25
2.8%
39.4%
Q2 25
10.1%
50.1%
Q1 25
6.0%
18.4%
Q4 24
4.4%
93.8%
Q3 24
6.8%
37.1%
Q2 24
9.7%
40.2%
Q1 24
0.1%
28.5%
Capex Intensity
GDYN
GDYN
MPB
MPB
Q4 25
3.6%
13.3%
Q3 25
3.9%
3.1%
Q2 25
4.1%
3.2%
Q1 25
3.3%
5.7%
Q4 24
2.6%
14.6%
Q3 24
3.7%
0.0%
Q2 24
3.2%
0.7%
Q1 24
4.0%
0.8%
Cash Conversion
GDYN
GDYN
MPB
MPB
Q4 25
32.34×
4.12×
Q3 25
5.92×
1.44×
Q2 25
2.73×
6.08×
Q1 25
3.21×
0.84×
Q4 24
1.56×
3.88×
Q3 24
2.15×
1.37×
Q2 24
1.53×
Q1 24
1.02×

Financial Flow Comparison

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

Revenue Breakdown by Segment

GDYN
GDYN

Other$30.6M29%
Technology Media And Telecom$30.1M28%
Financial Service$24.3M23%
Manufactured Product Other$10.8M10%
Related Party$7.6M7%
Health Care$2.8M3%

MPB
MPB

Segment breakdown not available.

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