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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and Nisun International Enterprise Development Group Co., Ltd (NISN). Click either name above to swap in a different company.

Nisun International Enterprise Development Group Co., Ltd is the larger business by last-quarter revenue ($192.5M vs $106.2M, roughly 1.8× GRID DYNAMICS HOLDINGS, INC.). Nisun International Enterprise Development Group Co., Ltd runs the higher net margin — 5.4% vs 0.3%, a 5.1% gap on every dollar of revenue. On growth, GRID DYNAMICS HOLDINGS, INC. posted the faster year-over-year revenue change (5.9% vs 0.0%). GRID DYNAMICS HOLDINGS, INC. produced more free cash flow last quarter ($6.1M vs $-69.4M).

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.

Nisun International Enterprise Development Group Co., Ltd. offers integrated supply chain management solutions, fintech services, and industrial digitalization tools. It mainly serves small and medium-sized enterprises across various sectors in the Chinese market, focusing on boosting supply chain efficiency, cutting operational costs, and supporting clients' digital transformation initiatives.

GDYN vs NISN — Head-to-Head

Bigger by revenue
NISN
NISN
1.8× larger
NISN
$192.5M
$106.2M
GDYN
Growing faster (revenue YoY)
GDYN
GDYN
+5.9% gap
GDYN
5.9%
0.0%
NISN
Higher net margin
NISN
NISN
5.1% more per $
NISN
5.4%
0.3%
GDYN
More free cash flow
GDYN
GDYN
$75.5M more FCF
GDYN
$6.1M
$-69.4M
NISN

Income Statement — Q4 FY2025 vs Q2 FY2025

Metric
GDYN
GDYN
NISN
NISN
Revenue
$106.2M
$192.5M
Net Profit
$306.0K
$10.3M
Gross Margin
34.0%
9.0%
Operating Margin
0.5%
Net Margin
0.3%
5.4%
Revenue YoY
5.9%
0.0%
Net Profit YoY
-93.2%
0.2%
EPS (diluted)
$0.01

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
NISN
NISN
Q4 25
$106.2M
Q3 25
$104.2M
Q2 25
$101.1M
$192.5M
Q1 25
$100.4M
Q4 24
$100.3M
Q3 24
$87.4M
Q2 24
$83.0M
$192.5M
Q1 24
$79.8M
Net Profit
GDYN
GDYN
NISN
NISN
Q4 25
$306.0K
Q3 25
$1.2M
Q2 25
$5.3M
$10.3M
Q1 25
$2.9M
Q4 24
$4.5M
Q3 24
$4.3M
Q2 24
$-817.0K
$10.3M
Q1 24
$-3.9M
Gross Margin
GDYN
GDYN
NISN
NISN
Q4 25
34.0%
Q3 25
33.3%
Q2 25
34.1%
9.0%
Q1 25
36.8%
Q4 24
36.9%
Q3 24
37.4%
Q2 24
35.6%
9.0%
Q1 24
34.7%
Operating Margin
GDYN
GDYN
NISN
NISN
Q4 25
0.5%
Q3 25
-0.2%
Q2 25
-0.1%
Q1 25
-2.0%
Q4 24
1.3%
Q3 24
2.4%
Q2 24
0.0%
6.0%
Q1 24
-6.9%
Net Margin
GDYN
GDYN
NISN
NISN
Q4 25
0.3%
Q3 25
1.1%
Q2 25
5.2%
5.4%
Q1 25
2.9%
Q4 24
4.5%
Q3 24
4.9%
Q2 24
-1.0%
5.4%
Q1 24
-4.9%
EPS (diluted)
GDYN
GDYN
NISN
NISN
Q4 25
$0.01
Q3 25
$0.01
Q2 25
$0.06
Q1 25
$0.03
Q4 24
$0.06
Q3 24
$0.05
Q2 24
$-0.01
Q1 24
$-0.05

Balance Sheet & Financial Strength

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

Metric
GDYN
GDYN
NISN
NISN
Cash + ST InvestmentsLiquidity on hand
$342.1M
$45.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$542.1M
$211.1M
Total Assets
$612.9M
$271.4M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDYN
GDYN
NISN
NISN
Q4 25
$342.1M
Q3 25
$338.6M
Q2 25
$336.8M
$45.0M
Q1 25
$325.5M
Q4 24
$334.7M
Q3 24
$231.3M
Q2 24
$256.0M
$55.9M
Q1 24
$249.4M
Stockholders' Equity
GDYN
GDYN
NISN
NISN
Q4 25
$542.1M
Q3 25
$537.7M
Q2 25
$532.2M
$211.1M
Q1 25
$517.4M
Q4 24
$517.8M
Q3 24
$400.2M
Q2 24
$388.4M
$204.5M
Q1 24
$382.8M
Total Assets
GDYN
GDYN
NISN
NISN
Q4 25
$612.9M
Q3 25
$613.2M
Q2 25
$608.9M
$271.4M
Q1 25
$590.9M
Q4 24
$592.2M
Q3 24
$477.3M
Q2 24
$443.6M
$268.8M
Q1 24
$435.3M

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
NISN
NISN
Operating Cash FlowLast quarter
$9.9M
$-69.3M
Free Cash FlowOCF − Capex
$6.1M
$-69.4M
FCF MarginFCF / Revenue
5.7%
-36.0%
Capex IntensityCapex / Revenue
3.6%
0.0%
Cash ConversionOCF / Net Profit
32.34×
-6.72×
TTM Free Cash FlowTrailing 4 quarters
$25.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDYN
GDYN
NISN
NISN
Q4 25
$9.9M
Q3 25
$7.0M
Q2 25
$14.4M
$-69.3M
Q1 25
$9.4M
Q4 24
$7.1M
Q3 24
$9.2M
Q2 24
$10.7M
$-69.3M
Q1 24
$3.2M
Free Cash Flow
GDYN
GDYN
NISN
NISN
Q4 25
$6.1M
Q3 25
$2.9M
Q2 25
$10.2M
$-69.4M
Q1 25
$6.0M
Q4 24
$4.4M
Q3 24
$5.9M
Q2 24
$8.0M
$-69.4M
Q1 24
$43.0K
FCF Margin
GDYN
GDYN
NISN
NISN
Q4 25
5.7%
Q3 25
2.8%
Q2 25
10.1%
-36.0%
Q1 25
6.0%
Q4 24
4.4%
Q3 24
6.8%
Q2 24
9.7%
-36.0%
Q1 24
0.1%
Capex Intensity
GDYN
GDYN
NISN
NISN
Q4 25
3.6%
Q3 25
3.9%
Q2 25
4.1%
0.0%
Q1 25
3.3%
Q4 24
2.6%
Q3 24
3.7%
Q2 24
3.2%
0.0%
Q1 24
4.0%
Cash Conversion
GDYN
GDYN
NISN
NISN
Q4 25
32.34×
Q3 25
5.92×
Q2 25
2.73×
-6.72×
Q1 25
3.21×
Q4 24
1.56×
Q3 24
2.15×
Q2 24
-6.73×
Q1 24

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%

NISN
NISN

Supply chain trading business$142.1M74%
Small and Medium Enterprise financing solutions$48.5M25%
Supply Chain financing solutions$1.9M1%

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