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

Phreesia, Inc. is the larger business by last-quarter revenue ($120.3M vs $104.1M, roughly 1.2× GRID DYNAMICS HOLDINGS, INC.). Phreesia, Inc. runs the higher net margin — 3.5% vs -1.4%, a 5.0% gap on every dollar of revenue. On growth, Phreesia, Inc. posted the faster year-over-year revenue change (12.7% vs 3.7%).

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.

Phreesia, Inc. is a software as a service company that offers healthcare organizations a set of applications to automate and manage patient intake.

GDYN vs PHR — Head-to-Head

Bigger by revenue
PHR
PHR
1.2× larger
PHR
$120.3M
$104.1M
GDYN
Growing faster (revenue YoY)
PHR
PHR
+9.0% gap
PHR
12.7%
3.7%
GDYN
Higher net margin
PHR
PHR
5.0% more per $
PHR
3.5%
-1.4%
GDYN

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
GDYN
GDYN
PHR
PHR
Revenue
$104.1M
$120.3M
Net Profit
$-1.5M
$4.3M
Gross Margin
34.8%
Operating Margin
61.7%
3.1%
Net Margin
-1.4%
3.5%
Revenue YoY
3.7%
12.7%
Net Profit YoY
-150.6%
129.7%
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.

Revenue
GDYN
GDYN
PHR
PHR
Q1 26
$104.1M
Q4 25
$106.2M
$120.3M
Q3 25
$104.2M
$117.3M
Q2 25
$101.1M
$115.9M
Q1 25
$100.4M
Q4 24
$100.3M
Q3 24
$87.4M
Q2 24
$83.0M
Net Profit
GDYN
GDYN
PHR
PHR
Q1 26
$-1.5M
Q4 25
$306.0K
$4.3M
Q3 25
$1.2M
$654.0K
Q2 25
$5.3M
$-3.9M
Q1 25
$2.9M
Q4 24
$4.5M
Q3 24
$4.3M
Q2 24
$-817.0K
Gross Margin
GDYN
GDYN
PHR
PHR
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
PHR
PHR
Q1 26
61.7%
Q4 25
0.5%
3.1%
Q3 25
-0.2%
-1.3%
Q2 25
-0.1%
-2.8%
Q1 25
-2.0%
Q4 24
1.3%
Q3 24
2.4%
Q2 24
0.0%
Net Margin
GDYN
GDYN
PHR
PHR
Q1 26
-1.4%
Q4 25
0.3%
3.5%
Q3 25
1.1%
0.6%
Q2 25
5.2%
-3.4%
Q1 25
2.9%
Q4 24
4.5%
Q3 24
4.9%
Q2 24
-1.0%
EPS (diluted)
GDYN
GDYN
PHR
PHR
Q1 26
$-0.02
Q4 25
$0.01
$0.07
Q3 25
$0.01
$0.01
Q2 25
$0.06
$-0.07
Q1 25
$0.03
Q4 24
$0.06
Q3 24
$0.05
Q2 24
$-0.01

Balance Sheet & Financial Strength

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

Metric
GDYN
GDYN
PHR
PHR
Cash + ST InvestmentsLiquidity on hand
$327.5M
$106.4M
Total DebtLower is stronger
$3.4M
Stockholders' EquityBook value
$530.1M
$320.3M
Total Assets
$605.0M
$423.5M
Debt / EquityLower = less leverage
0.01×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDYN
GDYN
PHR
PHR
Q1 26
$327.5M
Q4 25
$342.1M
$106.4M
Q3 25
$338.6M
$98.3M
Q2 25
$336.8M
$90.9M
Q1 25
$325.5M
Q4 24
$334.7M
Q3 24
$231.3M
Q2 24
$256.0M
Total Debt
GDYN
GDYN
PHR
PHR
Q1 26
Q4 25
$3.4M
Q3 25
$4.6M
Q2 25
$6.2M
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
GDYN
GDYN
PHR
PHR
Q1 26
$530.1M
Q4 25
$542.1M
$320.3M
Q3 25
$537.7M
$298.0M
Q2 25
$532.2M
$282.2M
Q1 25
$517.4M
Q4 24
$517.8M
Q3 24
$400.2M
Q2 24
$388.4M
Total Assets
GDYN
GDYN
PHR
PHR
Q1 26
$605.0M
Q4 25
$612.9M
$423.5M
Q3 25
$613.2M
$408.6M
Q2 25
$608.9M
$400.4M
Q1 25
$590.9M
Q4 24
$592.2M
Q3 24
$477.3M
Q2 24
$443.6M
Debt / Equity
GDYN
GDYN
PHR
PHR
Q1 26
Q4 25
0.01×
Q3 25
0.02×
Q2 25
0.02×
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
GDYN
GDYN
PHR
PHR
Operating Cash FlowLast quarter
$15.5M
Free Cash FlowOCF − Capex
$12.2M
FCF MarginFCF / Revenue
10.1%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
3.62×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDYN
GDYN
PHR
PHR
Q1 26
Q4 25
$9.9M
$15.5M
Q3 25
$7.0M
$14.8M
Q2 25
$14.4M
$14.8M
Q1 25
$9.4M
Q4 24
$7.1M
Q3 24
$9.2M
Q2 24
$10.7M
Free Cash Flow
GDYN
GDYN
PHR
PHR
Q1 26
Q4 25
$6.1M
$12.2M
Q3 25
$2.9M
$13.1M
Q2 25
$10.2M
$11.3M
Q1 25
$6.0M
Q4 24
$4.4M
Q3 24
$5.9M
Q2 24
$8.0M
FCF Margin
GDYN
GDYN
PHR
PHR
Q1 26
Q4 25
5.7%
10.1%
Q3 25
2.8%
11.1%
Q2 25
10.1%
9.8%
Q1 25
6.0%
Q4 24
4.4%
Q3 24
6.8%
Q2 24
9.7%
Capex Intensity
GDYN
GDYN
PHR
PHR
Q1 26
Q4 25
3.6%
2.7%
Q3 25
3.9%
1.5%
Q2 25
4.1%
3.0%
Q1 25
3.3%
Q4 24
2.6%
Q3 24
3.7%
Q2 24
3.2%
Cash Conversion
GDYN
GDYN
PHR
PHR
Q1 26
Q4 25
32.34×
3.62×
Q3 25
5.92×
22.68×
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.

PHR
PHR

Subscription And Services$55.5M46%
Network Solutions$37.4M31%
Payment Processing Fees$27.4M23%

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