vs
Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and BRC Group Holdings, Inc. (RILY). Click either name above to swap in a different company.
BRC Group Holdings, Inc. is the larger business by last-quarter revenue ($188.3M vs $106.2M, roughly 1.8× GRID DYNAMICS HOLDINGS, INC.). BRC Group Holdings, Inc. runs the higher net margin — 47.9% vs 0.3%, a 47.7% gap on every dollar of revenue. On growth, GRID DYNAMICS HOLDINGS, INC. posted the faster year-over-year revenue change (5.9% vs -21.9%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (15.3% CAGR vs -15.4%).
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 RILY — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $106.2M | $188.3M |
| Net Profit | $306.0K | $90.3M |
| Gross Margin | 34.0% | 79.5% |
| Operating Margin | 0.5% | 32.3% |
| Net Margin | 0.3% | 47.9% |
| Revenue YoY | 5.9% | -21.9% |
| Net Profit YoY | -93.2% | 1710.8% |
| EPS (diluted) | $0.01 | $2.78 |
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.
| Q4 25 | $106.2M | $188.3M | ||
| Q3 25 | $104.2M | $215.3M | ||
| Q2 25 | $101.1M | $188.2M | ||
| Q1 25 | $100.4M | $197.2M | ||
| Q4 24 | $100.3M | $241.0M | ||
| Q3 24 | $87.4M | $225.5M | ||
| Q2 24 | $83.0M | $256.0M | ||
| Q1 24 | $79.8M | $263.4M |
| Q4 25 | $306.0K | $90.3M | ||
| Q3 25 | $1.2M | $91.1M | ||
| Q2 25 | $5.3M | $139.5M | ||
| Q1 25 | $2.9M | $-10.0M | ||
| Q4 24 | $4.5M | $-5.6M | ||
| Q3 24 | $4.3M | $-284.4M | ||
| Q2 24 | $-817.0K | $-433.6M | ||
| Q1 24 | $-3.9M | $-49.2M |
| Q4 25 | 34.0% | 79.5% | ||
| Q3 25 | 33.3% | 83.7% | ||
| Q2 25 | 34.1% | 81.3% | ||
| Q1 25 | 36.8% | 81.4% | ||
| Q4 24 | 36.9% | 79.8% | ||
| Q3 24 | 37.4% | 82.1% | ||
| Q2 24 | 35.6% | 84.5% | ||
| Q1 24 | 34.7% | 85.3% |
| Q4 25 | 0.5% | 32.3% | ||
| Q3 25 | -0.2% | 30.4% | ||
| Q2 25 | -0.1% | 5.7% | ||
| Q1 25 | -2.0% | -31.2% | ||
| Q4 24 | 1.3% | -69.2% | ||
| Q3 24 | 2.4% | -36.4% | ||
| Q2 24 | 0.0% | -90.8% | ||
| Q1 24 | -6.9% | -6.1% |
| Q4 25 | 0.3% | 47.9% | ||
| Q3 25 | 1.1% | 42.3% | ||
| Q2 25 | 5.2% | 74.1% | ||
| Q1 25 | 2.9% | -5.1% | ||
| Q4 24 | 4.5% | -2.3% | ||
| Q3 24 | 4.9% | -126.1% | ||
| Q2 24 | -1.0% | -169.4% | ||
| Q1 24 | -4.9% | -18.7% |
| Q4 25 | $0.01 | $2.78 | ||
| Q3 25 | $0.01 | $2.91 | ||
| Q2 25 | $0.06 | $4.50 | ||
| Q1 25 | $0.03 | $-0.39 | ||
| Q4 24 | $0.06 | $-0.01 | ||
| Q3 24 | $0.05 | $-9.39 | ||
| Q2 24 | $-0.01 | $-14.35 | ||
| Q1 24 | $-0.05 | $-1.71 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $342.1M | $226.6M |
| Total DebtLower is stronger | — | $1.4B |
| Stockholders' EquityBook value | $542.1M | $-171.5M |
| Total Assets | $612.9M | $1.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $342.1M | $226.6M | ||
| Q3 25 | $338.6M | $184.2M | ||
| Q2 25 | $336.8M | $267.4M | ||
| Q1 25 | $325.5M | $138.3M | ||
| Q4 24 | $334.7M | $146.9M | ||
| Q3 24 | $231.3M | $159.2M | ||
| Q2 24 | $256.0M | $236.9M | ||
| Q1 24 | $249.4M | $190.7M |
| Q4 25 | — | $1.4B | ||
| Q3 25 | — | $1.3B | ||
| Q2 25 | — | $1.3B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.5B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $542.1M | $-171.5M | ||
| Q3 25 | $537.7M | $-260.5M | ||
| Q2 25 | $532.2M | $-351.7M | ||
| Q1 25 | $517.4M | $-496.8M | ||
| Q4 24 | $517.8M | $-488.2M | ||
| Q3 24 | $400.2M | $-497.6M | ||
| Q2 24 | $388.4M | $-218.3M | ||
| Q1 24 | $382.8M | $228.4M |
| Q4 25 | $612.9M | $1.7B | ||
| Q3 25 | $613.2M | $1.7B | ||
| Q2 25 | $608.9M | $1.5B | ||
| Q1 25 | $590.9M | $1.5B | ||
| Q4 24 | $592.2M | $1.8B | ||
| Q3 24 | $477.3M | $2.2B | ||
| Q2 24 | $443.6M | $3.2B | ||
| Q1 24 | $435.3M | $5.0B |
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 | $9.9M | $26.2M |
| Free Cash FlowOCF − Capex | $6.1M | — |
| FCF MarginFCF / Revenue | 5.7% | — |
| Capex IntensityCapex / Revenue | 3.6% | — |
| Cash ConversionOCF / Net Profit | 32.34× | 0.29× |
| TTM Free Cash FlowTrailing 4 quarters | $25.3M | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $9.9M | $26.2M | ||
| Q3 25 | $7.0M | $-60.6M | ||
| Q2 25 | $14.4M | $-25.6M | ||
| Q1 25 | $9.4M | $184.0K | ||
| Q4 24 | $7.1M | $-2.7M | ||
| Q3 24 | $9.2M | $19.5M | ||
| Q2 24 | $10.7M | $111.5M | ||
| Q1 24 | $3.2M | $135.4M |
| Q4 25 | $6.1M | — | ||
| Q3 25 | $2.9M | — | ||
| Q2 25 | $10.2M | — | ||
| Q1 25 | $6.0M | — | ||
| Q4 24 | $4.4M | — | ||
| Q3 24 | $5.9M | — | ||
| Q2 24 | $8.0M | — | ||
| Q1 24 | $43.0K | — |
| Q4 25 | 5.7% | — | ||
| Q3 25 | 2.8% | — | ||
| Q2 25 | 10.1% | — | ||
| Q1 25 | 6.0% | — | ||
| Q4 24 | 4.4% | — | ||
| Q3 24 | 6.8% | — | ||
| Q2 24 | 9.7% | — | ||
| Q1 24 | 0.1% | — |
| Q4 25 | 3.6% | — | ||
| Q3 25 | 3.9% | — | ||
| Q2 25 | 4.1% | — | ||
| Q1 25 | 3.3% | — | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 3.7% | — | ||
| Q2 24 | 3.2% | — | ||
| Q1 24 | 4.0% | — |
| Q4 25 | 32.34× | 0.29× | ||
| Q3 25 | 5.92× | -0.66× | ||
| Q2 25 | 2.73× | -0.18× | ||
| Q1 25 | 3.21× | — | ||
| Q4 24 | 1.56× | — | ||
| Q3 24 | 2.15× | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GDYN
| Other | $30.6M | 29% |
| Technology Media And Telecom | $30.1M | 28% |
| Financial Service | $24.3M | 23% |
| Manufactured Product Other | $10.8M | 10% |
| Related Party | $7.6M | 7% |
| Health Care | $2.8M | 3% |
RILY
| Transferred At Point In Time | $101.4M | 54% |
| Wealth Management Segment | $30.7M | 16% |
| Corporate Finance Consulting And Investment Banking Fees | $27.1M | 14% |
| Services And Fees | $24.8M | 13% |
| Commissions Fees And Reimbursed Expenses | $4.8M | 3% |
