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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and RICHARDSON ELECTRONICS, LTD. (RELL). 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 $52.3M, roughly 2.0× RICHARDSON ELECTRONICS, LTD.). RICHARDSON ELECTRONICS, LTD. runs the higher net margin — -0.2% vs -1.4%, a 1.2% gap on every dollar of revenue. On growth, RICHARDSON ELECTRONICS, LTD. posted the faster year-over-year revenue change (5.7% vs 3.7%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (12.0% CAGR vs -0.3%).

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.

The James Richardson Corporation, also going by the name James Richardson Group or JR/Group, is an Australian furniture, hospitality, real estate and retail corporation, headquartered in the Abbotsford suburb of Melbourne, Australia. It is privately owned and employs approximately 2,300 people worldwide. It is perhaps best known among consumers for its duty-free retail stores in airports and border crossings in Australasia and the Middle East. The company is a household name in Israel due to ...

GDYN vs RELL — Head-to-Head

Bigger by revenue
GDYN
GDYN
2.0× larger
GDYN
$104.1M
$52.3M
RELL
Growing faster (revenue YoY)
RELL
RELL
+2.0% gap
RELL
5.7%
3.7%
GDYN
Higher net margin
RELL
RELL
1.2% more per $
RELL
-0.2%
-1.4%
GDYN
Faster 2-yr revenue CAGR
GDYN
GDYN
Annualised
GDYN
12.0%
-0.3%
RELL

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
GDYN
GDYN
RELL
RELL
Revenue
$104.1M
$52.3M
Net Profit
$-1.5M
$-121.0K
Gross Margin
34.8%
30.7%
Operating Margin
61.7%
0.3%
Net Margin
-1.4%
-0.2%
Revenue YoY
3.7%
5.7%
Net Profit YoY
-150.6%
83.9%
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
RELL
RELL
Q1 26
$104.1M
Q4 25
$106.2M
$52.3M
Q3 25
$104.2M
$54.6M
Q2 25
$101.1M
Q1 25
$100.4M
$53.8M
Q4 24
$100.3M
$49.5M
Q3 24
$87.4M
$53.7M
Q2 24
$83.0M
Net Profit
GDYN
GDYN
RELL
RELL
Q1 26
$-1.5M
Q4 25
$306.0K
$-121.0K
Q3 25
$1.2M
$1.9M
Q2 25
$5.3M
Q1 25
$2.9M
$-2.1M
Q4 24
$4.5M
$-751.0K
Q3 24
$4.3M
$590.0K
Q2 24
$-817.0K
Gross Margin
GDYN
GDYN
RELL
RELL
Q1 26
34.8%
Q4 25
34.0%
30.7%
Q3 25
33.3%
31.0%
Q2 25
34.1%
Q1 25
36.8%
31.0%
Q4 24
36.9%
31.0%
Q3 24
37.4%
30.6%
Q2 24
35.6%
Operating Margin
GDYN
GDYN
RELL
RELL
Q1 26
61.7%
Q4 25
0.5%
0.3%
Q3 25
-0.2%
1.8%
Q2 25
-0.1%
Q1 25
-2.0%
-5.1%
Q4 24
1.3%
-1.3%
Q3 24
2.4%
0.6%
Q2 24
0.0%
Net Margin
GDYN
GDYN
RELL
RELL
Q1 26
-1.4%
Q4 25
0.3%
-0.2%
Q3 25
1.1%
3.5%
Q2 25
5.2%
Q1 25
2.9%
-3.8%
Q4 24
4.5%
-1.5%
Q3 24
4.9%
1.1%
Q2 24
-1.0%
EPS (diluted)
GDYN
GDYN
RELL
RELL
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
RELL
RELL
Cash + ST InvestmentsLiquidity on hand
$327.5M
$33.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$530.1M
$158.5M
Total Assets
$605.0M
$201.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDYN
GDYN
RELL
RELL
Q1 26
$327.5M
Q4 25
$342.1M
$33.1M
Q3 25
$338.6M
$35.7M
Q2 25
$336.8M
Q1 25
$325.5M
$36.7M
Q4 24
$334.7M
$26.6M
Q3 24
$231.3M
$23.0M
Q2 24
$256.0M
Stockholders' Equity
GDYN
GDYN
RELL
RELL
Q1 26
$530.1M
Q4 25
$542.1M
$158.5M
Q3 25
$537.7M
$159.4M
Q2 25
$532.2M
Q1 25
$517.4M
$152.9M
Q4 24
$517.8M
$156.2M
Q3 24
$400.2M
$159.1M
Q2 24
$388.4M
Total Assets
GDYN
GDYN
RELL
RELL
Q1 26
$605.0M
Q4 25
$612.9M
$201.8M
Q3 25
$613.2M
$200.1M
Q2 25
$608.9M
Q1 25
$590.9M
$189.8M
Q4 24
$592.2M
$195.2M
Q3 24
$477.3M
$197.9M
Q2 24
$443.6M

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
RELL
RELL
Operating Cash FlowLast quarter
$-99.0K
Free Cash FlowOCF − Capex
$-1.7M
FCF MarginFCF / Revenue
-3.3%
Capex IntensityCapex / Revenue
3.1%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$7.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDYN
GDYN
RELL
RELL
Q1 26
Q4 25
$9.9M
$-99.0K
Q3 25
$7.0M
$1.4M
Q2 25
$14.4M
Q1 25
$9.4M
$4.6M
Q4 24
$7.1M
$5.5M
Q3 24
$9.2M
$412.0K
Q2 24
$10.7M
Free Cash Flow
GDYN
GDYN
RELL
RELL
Q1 26
Q4 25
$6.1M
$-1.7M
Q3 25
$2.9M
$342.0K
Q2 25
$10.2M
Q1 25
$6.0M
$4.1M
Q4 24
$4.4M
$4.9M
Q3 24
$5.9M
$-514.0K
Q2 24
$8.0M
FCF Margin
GDYN
GDYN
RELL
RELL
Q1 26
Q4 25
5.7%
-3.3%
Q3 25
2.8%
0.6%
Q2 25
10.1%
Q1 25
6.0%
7.5%
Q4 24
4.4%
10.0%
Q3 24
6.8%
-1.0%
Q2 24
9.7%
Capex Intensity
GDYN
GDYN
RELL
RELL
Q1 26
Q4 25
3.6%
3.1%
Q3 25
3.9%
1.9%
Q2 25
4.1%
Q1 25
3.3%
1.0%
Q4 24
2.6%
1.0%
Q3 24
3.7%
1.7%
Q2 24
3.2%
Cash Conversion
GDYN
GDYN
RELL
RELL
Q1 26
Q4 25
32.34×
Q3 25
5.92×
0.72×
Q2 25
2.73×
Q1 25
3.21×
Q4 24
1.56×
Q3 24
2.15×
0.70×
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.

RELL
RELL

Power And Microwave Technologies Group$35.2M67%
Canvys$8.8M17%
Global Energy Solutions$8.3M16%

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