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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and NWPX Infrastructure, Inc. (NWPX). Click either name above to swap in a different company.
NWPX Infrastructure, Inc. is the larger business by last-quarter revenue ($138.3M vs $104.1M, roughly 1.3× GRID DYNAMICS HOLDINGS, INC.). NWPX Infrastructure, Inc. runs the higher net margin — 7.6% vs -1.4%, a 9.0% gap on every dollar of revenue. On growth, NWPX Infrastructure, Inc. posted the faster year-over-year revenue change (19.1% vs 3.7%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (12.0% CAGR vs 3.3%).
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.
GDYN vs NWPX — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $104.1M | $138.3M |
| Net Profit | $-1.5M | $10.5M |
| Gross Margin | 34.8% | 19.3% |
| Operating Margin | 61.7% | 9.2% |
| Net Margin | -1.4% | 7.6% |
| Revenue YoY | 3.7% | 19.1% |
| Net Profit YoY | -150.6% | 165.7% |
| EPS (diluted) | $-0.02 | $1.08 |
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 | $138.3M | ||
| Q4 25 | $106.2M | $125.6M | ||
| Q3 25 | $104.2M | $151.1M | ||
| Q2 25 | $101.1M | $133.2M | ||
| Q1 25 | $100.4M | $116.1M | ||
| Q4 24 | $100.3M | $119.6M | ||
| Q3 24 | $87.4M | $130.2M | ||
| Q2 24 | $83.0M | $129.5M |
| Q1 26 | $-1.5M | $10.5M | ||
| Q4 25 | $306.0K | $8.9M | ||
| Q3 25 | $1.2M | $13.5M | ||
| Q2 25 | $5.3M | $9.1M | ||
| Q1 25 | $2.9M | $4.0M | ||
| Q4 24 | $4.5M | $10.1M | ||
| Q3 24 | $4.3M | $10.3M | ||
| Q2 24 | $-817.0K | $8.6M |
| Q1 26 | 34.8% | 19.3% | ||
| Q4 25 | 34.0% | 21.3% | ||
| Q3 25 | 33.3% | 21.3% | ||
| Q2 25 | 34.1% | 19.0% | ||
| Q1 25 | 36.8% | 16.7% | ||
| Q4 24 | 36.9% | 18.8% | ||
| Q3 24 | 37.4% | 20.8% | ||
| Q2 24 | 35.6% | 19.9% |
| Q1 26 | 61.7% | 9.2% | ||
| Q4 25 | 0.5% | 10.4% | ||
| Q3 25 | -0.2% | 12.6% | ||
| Q2 25 | -0.1% | 9.9% | ||
| Q1 25 | -2.0% | 4.8% | ||
| Q4 24 | 1.3% | 8.8% | ||
| Q3 24 | 2.4% | 11.9% | ||
| Q2 24 | 0.0% | 10.5% |
| Q1 26 | -1.4% | 7.6% | ||
| Q4 25 | 0.3% | 7.1% | ||
| Q3 25 | 1.1% | 8.9% | ||
| Q2 25 | 5.2% | 6.8% | ||
| Q1 25 | 2.9% | 3.4% | ||
| Q4 24 | 4.5% | 8.4% | ||
| Q3 24 | 4.9% | 7.9% | ||
| Q2 24 | -1.0% | 6.7% |
| Q1 26 | $-0.02 | $1.08 | ||
| Q4 25 | $0.01 | $0.88 | ||
| Q3 25 | $0.01 | $1.38 | ||
| Q2 25 | $0.06 | $0.91 | ||
| Q1 25 | $0.03 | $0.39 | ||
| Q4 24 | $0.06 | $1.00 | ||
| Q3 24 | $0.05 | $1.02 | ||
| Q2 24 | $-0.01 | $0.86 |
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 | $14.3M |
| Total DebtLower is stronger | — | $10.7M |
| Stockholders' EquityBook value | $530.1M | $403.7M |
| Total Assets | $605.0M | $634.1M |
| Debt / EquityLower = less leverage | — | 0.03× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $327.5M | $14.3M | ||
| Q4 25 | $342.1M | $2.3M | ||
| Q3 25 | $338.6M | $2.7M | ||
| Q2 25 | $336.8M | $2.0M | ||
| Q1 25 | $325.5M | $5.3M | ||
| Q4 24 | $334.7M | $5.0M | ||
| Q3 24 | $231.3M | $5.7M | ||
| Q2 24 | $256.0M | $4.5M |
| Q1 26 | — | $10.7M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $530.1M | $403.7M | ||
| Q4 25 | $542.1M | $394.8M | ||
| Q3 25 | $537.7M | $386.4M | ||
| Q2 25 | $532.2M | $379.5M | ||
| Q1 25 | $517.4M | $378.5M | ||
| Q4 24 | $517.8M | $374.0M | ||
| Q3 24 | $400.2M | $362.4M | ||
| Q2 24 | $388.4M | $351.2M |
| Q1 26 | $605.0M | $634.1M | ||
| Q4 25 | $612.9M | $579.6M | ||
| Q3 25 | $613.2M | $605.2M | ||
| Q2 25 | $608.9M | $592.6M | ||
| Q1 25 | $590.9M | $582.2M | ||
| Q4 24 | $592.2M | $589.7M | ||
| Q3 24 | $477.3M | $617.2M | ||
| Q2 24 | $443.6M | $631.7M |
| Q1 26 | — | 0.03× | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
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 | — | $29.3M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 2.78× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $29.3M | ||
| Q4 25 | $9.9M | $36.0M | ||
| Q3 25 | $7.0M | $21.0M | ||
| Q2 25 | $14.4M | $5.4M | ||
| Q1 25 | $9.4M | $4.8M | ||
| Q4 24 | $7.1M | $36.1M | ||
| Q3 24 | $9.2M | $22.7M | ||
| Q2 24 | $10.7M | $22.3M |
| Q1 26 | — | — | ||
| Q4 25 | $6.1M | $30.8M | ||
| Q3 25 | $2.9M | $13.2M | ||
| Q2 25 | $10.2M | $1.9M | ||
| Q1 25 | $6.0M | $1.2M | ||
| Q4 24 | $4.4M | $31.9M | ||
| Q3 24 | $5.9M | $16.8M | ||
| Q2 24 | $8.0M | $16.2M |
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | 24.5% | ||
| Q3 25 | 2.8% | 8.7% | ||
| Q2 25 | 10.1% | 1.4% | ||
| Q1 25 | 6.0% | 1.0% | ||
| Q4 24 | 4.4% | 26.7% | ||
| Q3 24 | 6.8% | 12.9% | ||
| Q2 24 | 9.7% | 12.5% |
| Q1 26 | — | — | ||
| Q4 25 | 3.6% | 4.1% | ||
| Q3 25 | 3.9% | 5.2% | ||
| Q2 25 | 4.1% | 2.6% | ||
| Q1 25 | 3.3% | 3.2% | ||
| Q4 24 | 2.6% | 3.5% | ||
| Q3 24 | 3.7% | 4.6% | ||
| Q2 24 | 3.2% | 4.7% |
| Q1 26 | — | 2.78× | ||
| Q4 25 | 32.34× | 4.06× | ||
| Q3 25 | 5.92× | 1.55× | ||
| Q2 25 | 2.73× | 0.60× | ||
| Q1 25 | 3.21× | 1.22× | ||
| Q4 24 | 1.56× | 3.58× | ||
| Q3 24 | 2.15× | 2.22× | ||
| Q2 24 | — | 2.58× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GDYN
Segment breakdown not available.
NWPX
| Water Transmission Systems | $93.5M | 68% |
| Precast Infrastructure and Engineered Systems | $44.8M | 32% |
