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

GRID DYNAMICS HOLDINGS, INC. is the larger business by last-quarter revenue ($104.1M vs $75.3M, roughly 1.4× RADWARE LTD). RADWARE LTD runs the higher net margin — 7.5% vs -1.4%, a 8.9% gap on every dollar of revenue. Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (12.0% CAGR vs 7.1%).

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.

Radware Ltd. is an American provider of cybersecurity and application delivery products for physical, cloud and software-defined data centers. Radware's corporate headquarters are located in Mahwah, New Jersey. The company also has offices in Europe, Africa and Asia Pacific regions. The company's global headquarters is in Israel. Radware is a member of the Rad Group of companies and its shares are traded on NASDAQ.

GDYN vs RDWR — Head-to-Head

Bigger by revenue
GDYN
GDYN
1.4× larger
GDYN
$104.1M
$75.3M
RDWR
Higher net margin
RDWR
RDWR
8.9% more per $
RDWR
7.5%
-1.4%
GDYN
Faster 2-yr revenue CAGR
GDYN
GDYN
Annualised
GDYN
12.0%
7.1%
RDWR

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
GDYN
GDYN
RDWR
RDWR
Revenue
$104.1M
$75.3M
Net Profit
$-1.5M
$5.7M
Gross Margin
34.8%
80.7%
Operating Margin
61.7%
4.1%
Net Margin
-1.4%
7.5%
Revenue YoY
3.7%
Net Profit YoY
-150.6%
EPS (diluted)
$-0.02

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
RDWR
RDWR
Q1 26
$104.1M
Q4 25
$106.2M
Q3 25
$104.2M
$75.3M
Q2 25
$101.1M
$74.2M
Q1 25
$100.4M
$72.1M
Q4 24
$100.3M
Q3 24
$87.4M
$69.5M
Q2 24
$83.0M
$67.3M
Net Profit
GDYN
GDYN
RDWR
RDWR
Q1 26
$-1.5M
Q4 25
$306.0K
Q3 25
$1.2M
$5.7M
Q2 25
$5.3M
$4.2M
Q1 25
$2.9M
$4.3M
Q4 24
$4.5M
Q3 24
$4.3M
$3.1M
Q2 24
$-817.0K
$1.7M
Gross Margin
GDYN
GDYN
RDWR
RDWR
Q1 26
34.8%
Q4 25
34.0%
Q3 25
33.3%
80.7%
Q2 25
34.1%
80.7%
Q1 25
36.8%
80.6%
Q4 24
36.9%
Q3 24
37.4%
80.7%
Q2 24
35.6%
80.6%
Operating Margin
GDYN
GDYN
RDWR
RDWR
Q1 26
61.7%
Q4 25
0.5%
Q3 25
-0.2%
4.1%
Q2 25
-0.1%
3.8%
Q1 25
-2.0%
2.2%
Q4 24
1.3%
Q3 24
2.4%
-0.0%
Q2 24
0.0%
-1.8%
Net Margin
GDYN
GDYN
RDWR
RDWR
Q1 26
-1.4%
Q4 25
0.3%
Q3 25
1.1%
7.5%
Q2 25
5.2%
5.7%
Q1 25
2.9%
6.0%
Q4 24
4.5%
Q3 24
4.9%
4.5%
Q2 24
-1.0%
2.5%
EPS (diluted)
GDYN
GDYN
RDWR
RDWR
Q1 26
$-0.02
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

Balance Sheet & Financial Strength

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

Metric
GDYN
GDYN
RDWR
RDWR
Cash + ST InvestmentsLiquidity on hand
$327.5M
$98.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$530.1M
$357.1M
Total Assets
$605.0M
$618.7M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDYN
GDYN
RDWR
RDWR
Q1 26
$327.5M
Q4 25
$342.1M
Q3 25
$338.6M
$98.7M
Q2 25
$336.8M
$98.7M
Q1 25
$325.5M
$98.7M
Q4 24
$334.7M
Q3 24
$231.3M
$70.5M
Q2 24
$256.0M
$70.5M
Stockholders' Equity
GDYN
GDYN
RDWR
RDWR
Q1 26
$530.1M
Q4 25
$542.1M
Q3 25
$537.7M
$357.1M
Q2 25
$532.2M
$357.1M
Q1 25
$517.4M
$357.1M
Q4 24
$517.8M
Q3 24
$400.2M
$323.3M
Q2 24
$388.4M
$323.3M
Total Assets
GDYN
GDYN
RDWR
RDWR
Q1 26
$605.0M
Q4 25
$612.9M
Q3 25
$613.2M
$618.7M
Q2 25
$608.9M
$618.7M
Q1 25
$590.9M
$618.7M
Q4 24
$592.2M
Q3 24
$477.3M
$571.9M
Q2 24
$443.6M
$571.9M

Financial Flow Comparison

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

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