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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and MARINE PRODUCTS CORP (MPX). 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 $64.6M, roughly 1.6× MARINE PRODUCTS CORP). MARINE PRODUCTS CORP runs the higher net margin — 3.7% vs -1.4%, a 5.1% gap on every dollar of revenue. On growth, MARINE PRODUCTS CORP posted the faster year-over-year revenue change (35.0% vs 3.7%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (12.0% CAGR vs -3.5%).
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.
West Marine is an American company based in Fort Lauderdale, Florida, which operates a chain of boating supply and fishing retail stores. The company has 247 retail stores in North America. West Marine also runs Blue Future a non profit organization. West Marine's flagship store is in Fort Lauderdale. Opened on November 11, 2011, the store is the company's largest at over 50,000 square feet.
GDYN vs MPX — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $104.1M | $64.6M |
| Net Profit | $-1.5M | $2.4M |
| Gross Margin | 34.8% | 19.6% |
| Operating Margin | 61.7% | 5.8% |
| Net Margin | -1.4% | 3.7% |
| Revenue YoY | 3.7% | 35.0% |
| Net Profit YoY | -150.6% | -44.6% |
| EPS (diluted) | $-0.02 | $0.07 |
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 | $64.6M | ||
| Q3 25 | $104.2M | $53.1M | ||
| Q2 25 | $101.1M | $67.7M | ||
| Q1 25 | $100.4M | $59.0M | ||
| Q4 24 | $100.3M | $47.8M | ||
| Q3 24 | $87.4M | $49.9M | ||
| Q2 24 | $83.0M | $69.5M |
| Q1 26 | $-1.5M | — | ||
| Q4 25 | $306.0K | $2.4M | ||
| Q3 25 | $1.2M | $2.6M | ||
| Q2 25 | $5.3M | $4.2M | ||
| Q1 25 | $2.9M | $2.2M | ||
| Q4 24 | $4.5M | $4.3M | ||
| Q3 24 | $4.3M | $3.4M | ||
| Q2 24 | $-817.0K | $5.6M |
| Q1 26 | 34.8% | — | ||
| Q4 25 | 34.0% | 19.6% | ||
| Q3 25 | 33.3% | 19.2% | ||
| Q2 25 | 34.1% | 19.1% | ||
| Q1 25 | 36.8% | 18.6% | ||
| Q4 24 | 36.9% | 19.2% | ||
| Q3 24 | 37.4% | 18.4% | ||
| Q2 24 | 35.6% | 18.9% |
| Q1 26 | 61.7% | — | ||
| Q4 25 | 0.5% | 5.8% | ||
| Q3 25 | -0.2% | 5.4% | ||
| Q2 25 | -0.1% | 7.1% | ||
| Q1 25 | -2.0% | 4.4% | ||
| Q4 24 | 1.3% | 7.7% | ||
| Q3 24 | 2.4% | 7.2% | ||
| Q2 24 | 0.0% | 8.3% |
| Q1 26 | -1.4% | — | ||
| Q4 25 | 0.3% | 3.7% | ||
| Q3 25 | 1.1% | 5.0% | ||
| Q2 25 | 5.2% | 6.1% | ||
| Q1 25 | 2.9% | 3.7% | ||
| Q4 24 | 4.5% | 8.9% | ||
| Q3 24 | 4.9% | 6.8% | ||
| Q2 24 | -1.0% | 8.0% |
| Q1 26 | $-0.02 | — | ||
| Q4 25 | $0.01 | $0.07 | ||
| Q3 25 | $0.01 | $0.07 | ||
| Q2 25 | $0.06 | $0.12 | ||
| Q1 25 | $0.03 | $0.06 | ||
| Q4 24 | $0.06 | $0.13 | ||
| Q3 24 | $0.05 | $0.10 | ||
| Q2 24 | $-0.01 | $0.14 |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $530.1M | $125.0M |
| Total Assets | $605.0M | $147.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $327.5M | — | ||
| 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 26 | $530.1M | — | ||
| Q4 25 | $542.1M | $125.0M | ||
| Q3 25 | $537.7M | $126.3M | ||
| Q2 25 | $532.2M | $127.2M | ||
| Q1 25 | $517.4M | $126.4M | ||
| Q4 24 | $517.8M | $129.0M | ||
| Q3 24 | $400.2M | $128.8M | ||
| Q2 24 | $388.4M | $129.3M |
| Q1 26 | $605.0M | — | ||
| Q4 25 | $612.9M | $147.2M | ||
| Q3 25 | $613.2M | $179.5M | ||
| Q2 25 | $608.9M | $173.2M | ||
| Q1 25 | $590.9M | $182.9M | ||
| Q4 24 | $592.2M | $171.2M | ||
| Q3 24 | $477.3M | $176.3M | ||
| Q2 24 | $443.6M | $175.7M |
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 | — | $4.7M |
| Free Cash FlowOCF − Capex | — | $4.1M |
| FCF MarginFCF / Revenue | — | 6.4% |
| Capex IntensityCapex / Revenue | — | 0.9% |
| Cash ConversionOCF / Net Profit | — | 2.00× |
| TTM Free Cash FlowTrailing 4 quarters | — | $14.9M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $9.9M | $4.7M | ||
| Q3 25 | $7.0M | $2.6M | ||
| Q2 25 | $14.4M | $-1.6M | ||
| Q1 25 | $9.4M | $10.8M | ||
| Q4 24 | $7.1M | $4.6M | ||
| Q3 24 | $9.2M | $5.1M | ||
| Q2 24 | $10.7M | $3.8M |
| Q1 26 | — | — | ||
| Q4 25 | $6.1M | $4.1M | ||
| Q3 25 | $2.9M | $2.1M | ||
| Q2 25 | $10.2M | $-2.0M | ||
| Q1 25 | $6.0M | $10.7M | ||
| Q4 24 | $4.4M | $3.6M | ||
| Q3 24 | $5.9M | $3.2M | ||
| Q2 24 | $8.0M | $3.0M |
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | 6.4% | ||
| Q3 25 | 2.8% | 4.0% | ||
| Q2 25 | 10.1% | -3.0% | ||
| Q1 25 | 6.0% | 18.1% | ||
| Q4 24 | 4.4% | 7.6% | ||
| Q3 24 | 6.8% | 6.5% | ||
| Q2 24 | 9.7% | 4.4% |
| Q1 26 | — | — | ||
| Q4 25 | 3.6% | 0.9% | ||
| Q3 25 | 3.9% | 0.8% | ||
| Q2 25 | 4.1% | 0.6% | ||
| Q1 25 | 3.3% | 0.2% | ||
| Q4 24 | 2.6% | 2.1% | ||
| Q3 24 | 3.7% | 3.8% | ||
| Q2 24 | 3.2% | 1.1% |
| Q1 26 | — | — | ||
| Q4 25 | 32.34× | 2.00× | ||
| Q3 25 | 5.92× | 0.97× | ||
| Q2 25 | 2.73× | -0.39× | ||
| Q1 25 | 3.21× | 4.88× | ||
| Q4 24 | 1.56× | 1.09× | ||
| Q3 24 | 2.15× | 1.51× | ||
| Q2 24 | — | 0.68× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GDYN
Segment breakdown not available.
MPX
| Boats And Accessories | $63.4M | 98% |
| Parts | $1.1M | 2% |
