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

Inotiv, Inc. is the larger business by last-quarter revenue ($120.9M vs $104.1M, roughly 1.2× GRID DYNAMICS HOLDINGS, INC.). GRID DYNAMICS HOLDINGS, INC. runs the higher net margin — -1.4% vs -23.5%, a 22.1% gap on every dollar of revenue. On growth, GRID DYNAMICS HOLDINGS, INC. posted the faster year-over-year revenue change (3.7% vs 0.8%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (12.0% CAGR vs 0.8%).

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.

Inotiv, Inc. is a contract research organization organized in Indiana and headquartered in Lafayette, Indiana. The company operates two core business units: Discovery and Safety Assessment (DSA) and Research Models and Services (RMS). The CRS business unit offers drug development and environmental sciences services, including safety assessment, analytical, metabolism, CMC and regulatory consultancy for small molecule drug candidates, biotherapeutics, and biomedical devices. The RMS business u...

GDYN vs NOTV — Head-to-Head

Bigger by revenue
NOTV
NOTV
1.2× larger
NOTV
$120.9M
$104.1M
GDYN
Growing faster (revenue YoY)
GDYN
GDYN
+2.8% gap
GDYN
3.7%
0.8%
NOTV
Higher net margin
GDYN
GDYN
22.1% more per $
GDYN
-1.4%
-23.5%
NOTV
Faster 2-yr revenue CAGR
GDYN
GDYN
Annualised
GDYN
12.0%
0.8%
NOTV

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
GDYN
GDYN
NOTV
NOTV
Revenue
$104.1M
$120.9M
Net Profit
$-1.5M
$-28.4M
Gross Margin
34.8%
Operating Margin
61.7%
-13.5%
Net Margin
-1.4%
-23.5%
Revenue YoY
3.7%
0.8%
Net Profit YoY
-150.6%
-2.7%
EPS (diluted)
$-0.02
$-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
NOTV
NOTV
Q1 26
$104.1M
Q4 25
$106.2M
$120.9M
Q3 25
$104.2M
$138.1M
Q2 25
$101.1M
$130.7M
Q1 25
$100.4M
$124.3M
Q4 24
$100.3M
$119.9M
Q3 24
$87.4M
$130.4M
Q2 24
$83.0M
$105.8M
Net Profit
GDYN
GDYN
NOTV
NOTV
Q1 26
$-1.5M
Q4 25
$306.0K
$-28.4M
Q3 25
$1.2M
$-8.6M
Q2 25
$5.3M
$-17.6M
Q1 25
$2.9M
$-14.9M
Q4 24
$4.5M
$-27.6M
Q3 24
$4.3M
$-18.9M
Q2 24
$-817.0K
$-26.1M
Gross Margin
GDYN
GDYN
NOTV
NOTV
Q1 26
34.8%
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%
Operating Margin
GDYN
GDYN
NOTV
NOTV
Q1 26
61.7%
Q4 25
0.5%
-13.5%
Q3 25
-0.2%
-4.9%
Q2 25
-0.1%
-4.3%
Q1 25
-2.0%
-2.4%
Q4 24
1.3%
-12.9%
Q3 24
2.4%
-10.1%
Q2 24
0.0%
-19.6%
Net Margin
GDYN
GDYN
NOTV
NOTV
Q1 26
-1.4%
Q4 25
0.3%
-23.5%
Q3 25
1.1%
-6.2%
Q2 25
5.2%
-13.5%
Q1 25
2.9%
-12.0%
Q4 24
4.5%
-23.0%
Q3 24
4.9%
-14.5%
Q2 24
-1.0%
-24.7%
EPS (diluted)
GDYN
GDYN
NOTV
NOTV
Q1 26
$-0.02
Q4 25
$0.01
$-0.83
Q3 25
$0.01
$-0.14
Q2 25
$0.06
$-0.51
Q1 25
$0.03
$-0.44
Q4 24
$0.06
$-1.02
Q3 24
$0.05
$-0.73
Q2 24
$-0.01
$-1.00

Balance Sheet & Financial Strength

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

Metric
GDYN
GDYN
NOTV
NOTV
Cash + ST InvestmentsLiquidity on hand
$327.5M
$12.7M
Total DebtLower is stronger
$405.8M
Stockholders' EquityBook value
$530.1M
$109.0M
Total Assets
$605.0M
$734.3M
Debt / EquityLower = less leverage
3.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDYN
GDYN
NOTV
NOTV
Q1 26
$327.5M
Q4 25
$342.1M
$12.7M
Q3 25
$338.6M
$21.7M
Q2 25
$336.8M
$6.2M
Q1 25
$325.5M
$19.3M
Q4 24
$334.7M
$38.0M
Q3 24
$231.3M
$21.4M
Q2 24
$256.0M
$14.4M
Total Debt
GDYN
GDYN
NOTV
NOTV
Q1 26
Q4 25
$405.8M
Q3 25
$402.1M
Q2 25
$396.5M
Q1 25
$399.5M
Q4 24
$396.0M
Q3 24
$393.3M
Q2 24
$382.4M
Stockholders' Equity
GDYN
GDYN
NOTV
NOTV
Q1 26
$530.1M
Q4 25
$542.1M
$109.0M
Q3 25
$537.7M
$136.0M
Q2 25
$532.2M
$143.8M
Q1 25
$517.4M
$157.7M
Q4 24
$517.8M
$169.8M
Q3 24
$400.2M
$170.5M
Q2 24
$388.4M
$182.1M
Total Assets
GDYN
GDYN
NOTV
NOTV
Q1 26
$605.0M
Q4 25
$612.9M
$734.3M
Q3 25
$613.2M
$771.1M
Q2 25
$608.9M
$759.7M
Q1 25
$590.9M
$766.0M
Q4 24
$592.2M
$772.9M
Q3 24
$477.3M
$781.4M
Q2 24
$443.6M
$774.6M
Debt / Equity
GDYN
GDYN
NOTV
NOTV
Q1 26
Q4 25
3.72×
Q3 25
2.96×
Q2 25
2.76×
Q1 25
2.53×
Q4 24
2.33×
Q3 24
2.31×
Q2 24
2.10×

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
NOTV
NOTV
Operating Cash FlowLast quarter
$-5.4M
Free Cash FlowOCF − Capex
$-10.6M
FCF MarginFCF / Revenue
-8.8%
Capex IntensityCapex / Revenue
4.3%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$-28.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDYN
GDYN
NOTV
NOTV
Q1 26
Q4 25
$9.9M
$-5.4M
Q3 25
$7.0M
$14.3M
Q2 25
$14.4M
$-7.4M
Q1 25
$9.4M
$-12.8M
Q4 24
$7.1M
$-4.5M
Q3 24
$9.2M
$-2.4M
Q2 24
$10.7M
$-14.8M
Free Cash Flow
GDYN
GDYN
NOTV
NOTV
Q1 26
Q4 25
$6.1M
$-10.6M
Q3 25
$2.9M
$11.6M
Q2 25
$10.2M
$-11.5M
Q1 25
$6.0M
$-18.3M
Q4 24
$4.4M
$-9.0M
Q3 24
$5.9M
$-7.7M
Q2 24
$8.0M
$-19.2M
FCF Margin
GDYN
GDYN
NOTV
NOTV
Q1 26
Q4 25
5.7%
-8.8%
Q3 25
2.8%
8.4%
Q2 25
10.1%
-8.8%
Q1 25
6.0%
-14.7%
Q4 24
4.4%
-7.5%
Q3 24
6.8%
-5.9%
Q2 24
9.7%
-18.2%
Capex Intensity
GDYN
GDYN
NOTV
NOTV
Q1 26
Q4 25
3.6%
4.3%
Q3 25
3.9%
1.9%
Q2 25
4.1%
3.1%
Q1 25
3.3%
4.4%
Q4 24
2.6%
3.7%
Q3 24
3.7%
4.1%
Q2 24
3.2%
4.2%
Cash Conversion
GDYN
GDYN
NOTV
NOTV
Q1 26
Q4 25
32.34×
Q3 25
5.92×
Q2 25
2.73×
Q1 25
3.21×
Q4 24
1.56×
Q3 24
2.15×
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.

NOTV
NOTV

Research Models And Services Segment$72.9M60%
Discovery And Safety Assessment Segment$48.0M40%

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