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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and Navigator Holdings Ltd. (NVGS). Click either name above to swap in a different company.

Navigator Holdings Ltd. is the larger business by last-quarter revenue ($129.6M vs $104.1M, roughly 1.2× GRID DYNAMICS HOLDINGS, INC.). Navigator Holdings Ltd. runs the higher net margin — 16.5% vs -1.4%, a 18.0% gap on every dollar of revenue. On growth, GRID DYNAMICS HOLDINGS, INC. posted the faster year-over-year revenue change (3.7% vs -11.6%).

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.

Navigator Holdings Ltd. is a global maritime transport firm specializing in liquefied gas carrier operations. It offers seaborne transport for liquefied petroleum gas, ammonia, ethylene and other specialty liquefied gases, serving clients across the global energy, petrochemical and industrial manufacturing sectors.

GDYN vs NVGS — Head-to-Head

Bigger by revenue
NVGS
NVGS
1.2× larger
NVGS
$129.6M
$104.1M
GDYN
Growing faster (revenue YoY)
GDYN
GDYN
+15.3% gap
GDYN
3.7%
-11.6%
NVGS
Higher net margin
NVGS
NVGS
18.0% more per $
NVGS
16.5%
-1.4%
GDYN

Income Statement — Q1 FY2026 vs Q2 FY2025

Metric
GDYN
GDYN
NVGS
NVGS
Revenue
$104.1M
$129.6M
Net Profit
$-1.5M
$21.5M
Gross Margin
34.8%
Operating Margin
61.7%
15.8%
Net Margin
-1.4%
16.5%
Revenue YoY
3.7%
-11.6%
Net Profit YoY
-150.6%
-7.7%
EPS (diluted)
$-0.02
$0.31

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
NVGS
NVGS
Q1 26
$104.1M
Q4 25
$106.2M
Q3 25
$104.2M
Q2 25
$101.1M
$129.6M
Q1 25
$100.4M
Q4 24
$100.3M
Q3 24
$87.4M
Q2 24
$83.0M
$146.7M
Net Profit
GDYN
GDYN
NVGS
NVGS
Q1 26
$-1.5M
Q4 25
$306.0K
Q3 25
$1.2M
Q2 25
$5.3M
$21.5M
Q1 25
$2.9M
Q4 24
$4.5M
Q3 24
$4.3M
Q2 24
$-817.0K
$23.2M
Gross Margin
GDYN
GDYN
NVGS
NVGS
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
NVGS
NVGS
Q1 26
61.7%
Q4 25
0.5%
Q3 25
-0.2%
Q2 25
-0.1%
15.8%
Q1 25
-2.0%
Q4 24
1.3%
Q3 24
2.4%
Q2 24
0.0%
26.9%
Net Margin
GDYN
GDYN
NVGS
NVGS
Q1 26
-1.4%
Q4 25
0.3%
Q3 25
1.1%
Q2 25
5.2%
16.5%
Q1 25
2.9%
Q4 24
4.5%
Q3 24
4.9%
Q2 24
-1.0%
15.8%
EPS (diluted)
GDYN
GDYN
NVGS
NVGS
Q1 26
$-0.02
Q4 25
$0.01
Q3 25
$0.01
Q2 25
$0.06
$0.31
Q1 25
$0.03
Q4 24
$0.06
Q3 24
$0.05
Q2 24
$-0.01
$0.32

Balance Sheet & Financial Strength

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

Metric
GDYN
GDYN
NVGS
NVGS
Cash + ST InvestmentsLiquidity on hand
$327.5M
$238.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$530.1M
$1.2B
Total Assets
$605.0M
$2.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDYN
GDYN
NVGS
NVGS
Q1 26
$327.5M
Q4 25
$342.1M
Q3 25
$338.6M
Q2 25
$336.8M
$238.1M
Q1 25
$325.5M
Q4 24
$334.7M
Q3 24
$231.3M
Q2 24
$256.0M
Stockholders' Equity
GDYN
GDYN
NVGS
NVGS
Q1 26
$530.1M
Q4 25
$542.1M
Q3 25
$537.7M
Q2 25
$532.2M
$1.2B
Q1 25
$517.4M
Q4 24
$517.8M
Q3 24
$400.2M
Q2 24
$388.4M
$1.2B
Total Assets
GDYN
GDYN
NVGS
NVGS
Q1 26
$605.0M
Q4 25
$612.9M
Q3 25
$613.2M
Q2 25
$608.9M
$2.4B
Q1 25
$590.9M
Q4 24
$592.2M
Q3 24
$477.3M
Q2 24
$443.6M
$2.1B

Financial Flow Comparison

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

Revenue Breakdown by Segment

GDYN
GDYN

Segment breakdown not available.

NVGS
NVGS

Time Charters$91.5M71%
Voyage Charters$25.7M20%
Other$12.4M10%

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