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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and ROGERS CORP (ROG). Click either name above to swap in a different company.
ROGERS CORP is the larger business by last-quarter revenue ($200.5M vs $106.2M, roughly 1.9× GRID DYNAMICS HOLDINGS, INC.). ROGERS CORP runs the higher net margin — 2.2% vs 0.3%, a 2.0% gap on every dollar of revenue. On growth, GRID DYNAMICS HOLDINGS, INC. posted the faster year-over-year revenue change (5.9% vs 5.2%). GRID DYNAMICS HOLDINGS, INC. produced more free cash flow last quarter ($6.1M vs $1.1M). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (15.3% 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.
Rogers Corporation is a specialty engineered materials company headquartered in Chandler, Arizona.
GDYN vs ROG — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $106.2M | $200.5M |
| Net Profit | $306.0K | $4.5M |
| Gross Margin | 34.0% | 32.2% |
| Operating Margin | 0.5% | — |
| Net Margin | 0.3% | 2.2% |
| Revenue YoY | 5.9% | 5.2% |
| Net Profit YoY | -93.2% | 421.4% |
| EPS (diluted) | $0.01 | $0.25 |
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 | — | $200.5M | ||
| Q4 25 | $106.2M | $201.5M | ||
| Q3 25 | $104.2M | $216.0M | ||
| Q2 25 | $101.1M | $202.8M | ||
| Q1 25 | $100.4M | $190.5M | ||
| Q4 24 | $100.3M | $192.2M | ||
| Q3 24 | $87.4M | $210.3M | ||
| Q2 24 | $83.0M | $214.2M |
| Q1 26 | — | $4.5M | ||
| Q4 25 | $306.0K | $4.6M | ||
| Q3 25 | $1.2M | $8.6M | ||
| Q2 25 | $5.3M | $-73.6M | ||
| Q1 25 | $2.9M | $-1.4M | ||
| Q4 24 | $4.5M | $-500.0K | ||
| Q3 24 | $4.3M | $10.7M | ||
| Q2 24 | $-817.0K | $8.1M |
| Q1 26 | — | 32.2% | ||
| Q4 25 | 34.0% | 31.5% | ||
| Q3 25 | 33.3% | 33.5% | ||
| Q2 25 | 34.1% | 31.6% | ||
| Q1 25 | 36.8% | 29.9% | ||
| Q4 24 | 36.9% | 32.1% | ||
| Q3 24 | 37.4% | 35.2% | ||
| Q2 24 | 35.6% | 34.1% |
| Q1 26 | — | — | ||
| Q4 25 | 0.5% | 3.5% | ||
| Q3 25 | -0.2% | 7.3% | ||
| Q2 25 | -0.1% | -33.3% | ||
| Q1 25 | -2.0% | -0.2% | ||
| Q4 24 | 1.3% | -6.6% | ||
| Q3 24 | 2.4% | 6.9% | ||
| Q2 24 | 0.0% | 5.3% |
| Q1 26 | — | 2.2% | ||
| Q4 25 | 0.3% | 2.3% | ||
| Q3 25 | 1.1% | 4.0% | ||
| Q2 25 | 5.2% | -36.3% | ||
| Q1 25 | 2.9% | -0.7% | ||
| Q4 24 | 4.5% | -0.3% | ||
| Q3 24 | 4.9% | 5.1% | ||
| Q2 24 | -1.0% | 3.8% |
| Q1 26 | — | $0.25 | ||
| Q4 25 | $0.01 | $0.20 | ||
| Q3 25 | $0.01 | $0.48 | ||
| Q2 25 | $0.06 | $-4.00 | ||
| Q1 25 | $0.03 | $-0.08 | ||
| Q4 24 | $0.06 | $-0.04 | ||
| Q3 24 | $0.05 | $0.58 | ||
| Q2 24 | $-0.01 | $0.44 |
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 | $195.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $542.1M | $1.2B |
| Total Assets | $612.9M | $1.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $195.8M | ||
| Q4 25 | $342.1M | $197.0M | ||
| Q3 25 | $338.6M | $167.8M | ||
| Q2 25 | $336.8M | $157.2M | ||
| Q1 25 | $325.5M | $175.6M | ||
| Q4 24 | $334.7M | $159.8M | ||
| Q3 24 | $231.3M | $146.4M | ||
| Q2 24 | $256.0M | $119.9M |
| Q1 26 | — | $1.2B | ||
| Q4 25 | $542.1M | $1.2B | ||
| Q3 25 | $537.7M | $1.2B | ||
| Q2 25 | $532.2M | $1.2B | ||
| Q1 25 | $517.4M | $1.3B | ||
| Q4 24 | $517.8M | $1.3B | ||
| Q3 24 | $400.2M | $1.3B | ||
| Q2 24 | $388.4M | $1.3B |
| Q1 26 | — | $1.4B | ||
| Q4 25 | $612.9M | $1.4B | ||
| Q3 25 | $613.2M | $1.4B | ||
| Q2 25 | $608.9M | $1.5B | ||
| Q1 25 | $590.9M | $1.5B | ||
| Q4 24 | $592.2M | $1.5B | ||
| Q3 24 | $477.3M | $1.5B | ||
| Q2 24 | $443.6M | $1.5B |
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 | $5.8M |
| Free Cash FlowOCF − Capex | $6.1M | $1.1M |
| FCF MarginFCF / Revenue | 5.7% | 0.5% |
| Capex IntensityCapex / Revenue | 3.6% | 2.3% |
| Cash ConversionOCF / Net Profit | 32.34× | 1.29× |
| TTM Free Cash FlowTrailing 4 quarters | $25.3M | $70.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $5.8M | ||
| Q4 25 | $9.9M | $46.9M | ||
| Q3 25 | $7.0M | $28.9M | ||
| Q2 25 | $14.4M | $13.7M | ||
| Q1 25 | $9.4M | $11.7M | ||
| Q4 24 | $7.1M | $33.7M | ||
| Q3 24 | $9.2M | $42.4M | ||
| Q2 24 | $10.7M | $22.9M |
| Q1 26 | — | $1.1M | ||
| Q4 25 | $6.1M | $42.2M | ||
| Q3 25 | $2.9M | $21.2M | ||
| Q2 25 | $10.2M | $5.6M | ||
| Q1 25 | $6.0M | $2.1M | ||
| Q4 24 | $4.4M | $18.3M | ||
| Q3 24 | $5.9M | $25.2M | ||
| Q2 24 | $8.0M | $8.8M |
| Q1 26 | — | 0.5% | ||
| Q4 25 | 5.7% | 20.9% | ||
| Q3 25 | 2.8% | 9.8% | ||
| Q2 25 | 10.1% | 2.8% | ||
| Q1 25 | 6.0% | 1.1% | ||
| Q4 24 | 4.4% | 9.5% | ||
| Q3 24 | 6.8% | 12.0% | ||
| Q2 24 | 9.7% | 4.1% |
| Q1 26 | — | 2.3% | ||
| Q4 25 | 3.6% | 2.3% | ||
| Q3 25 | 3.9% | 3.6% | ||
| Q2 25 | 4.1% | 4.0% | ||
| Q1 25 | 3.3% | 5.0% | ||
| Q4 24 | 2.6% | 8.0% | ||
| Q3 24 | 3.7% | 8.2% | ||
| Q2 24 | 3.2% | 6.6% |
| Q1 26 | — | 1.29× | ||
| Q4 25 | 32.34× | 10.20× | ||
| Q3 25 | 5.92× | 3.36× | ||
| Q2 25 | 2.73× | — | ||
| Q1 25 | 3.21× | — | ||
| Q4 24 | 1.56× | — | ||
| Q3 24 | 2.15× | 3.96× | ||
| Q2 24 | — | 2.83× |
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% |
ROG
Segment breakdown not available.
