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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and SMITH & WESSON BRANDS, INC. (SWBI). Click either name above to swap in a different company.
SMITH & WESSON BRANDS, INC. is the larger business by last-quarter revenue ($124.7M vs $104.1M, roughly 1.2× GRID DYNAMICS HOLDINGS, INC.). SMITH & WESSON BRANDS, INC. runs the higher net margin — 1.5% vs -1.4%, a 3.0% gap on every dollar of revenue. On growth, GRID DYNAMICS HOLDINGS, INC. posted the faster year-over-year revenue change (3.7% vs -3.9%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (12.0% CAGR vs -4.8%).
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.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
GDYN vs SWBI — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $104.1M | $124.7M |
| Net Profit | $-1.5M | $1.9M |
| Gross Margin | 34.8% | 24.3% |
| Operating Margin | 61.7% | 3.3% |
| Net Margin | -1.4% | 1.5% |
| Revenue YoY | 3.7% | -3.9% |
| Net Profit YoY | -150.6% | -53.6% |
| EPS (diluted) | $-0.02 | $0.04 |
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 | $104.1M | — | ||
| Q4 25 | $106.2M | $124.7M | ||
| Q3 25 | $104.2M | $85.1M | ||
| Q2 25 | $101.1M | $140.8M | ||
| Q1 25 | $100.4M | $115.9M | ||
| Q4 24 | $100.3M | $129.7M | ||
| Q3 24 | $87.4M | $88.3M | ||
| Q2 24 | $83.0M | $159.1M |
| Q1 26 | $-1.5M | — | ||
| Q4 25 | $306.0K | $1.9M | ||
| Q3 25 | $1.2M | $-3.4M | ||
| Q2 25 | $5.3M | $8.6M | ||
| Q1 25 | $2.9M | $2.1M | ||
| Q4 24 | $4.5M | $4.5M | ||
| Q3 24 | $4.3M | $-1.9M | ||
| Q2 24 | $-817.0K | $27.9M |
| Q1 26 | 34.8% | — | ||
| Q4 25 | 34.0% | 24.3% | ||
| Q3 25 | 33.3% | 25.9% | ||
| Q2 25 | 34.1% | 28.8% | ||
| Q1 25 | 36.8% | 24.1% | ||
| Q4 24 | 36.9% | 26.6% | ||
| Q3 24 | 37.4% | 27.4% | ||
| Q2 24 | 35.6% | 35.5% |
| Q1 26 | 61.7% | — | ||
| Q4 25 | 0.5% | 3.3% | ||
| Q3 25 | -0.2% | -3.5% | ||
| Q2 25 | -0.1% | 9.3% | ||
| Q1 25 | -2.0% | 4.1% | ||
| Q4 24 | 1.3% | 5.8% | ||
| Q3 24 | 2.4% | -1.7% | ||
| Q2 24 | 0.0% | 17.4% |
| Q1 26 | -1.4% | — | ||
| Q4 25 | 0.3% | 1.5% | ||
| Q3 25 | 1.1% | -4.0% | ||
| Q2 25 | 5.2% | 6.1% | ||
| Q1 25 | 2.9% | 1.8% | ||
| Q4 24 | 4.5% | 3.5% | ||
| Q3 24 | 4.9% | -2.1% | ||
| Q2 24 | -1.0% | 17.5% |
| Q1 26 | $-0.02 | — | ||
| Q4 25 | $0.01 | $0.04 | ||
| Q3 25 | $0.01 | $-0.08 | ||
| Q2 25 | $0.06 | $0.19 | ||
| Q1 25 | $0.03 | $0.05 | ||
| Q4 24 | $0.06 | $0.10 | ||
| Q3 24 | $0.05 | $-0.04 | ||
| Q2 24 | $-0.01 | $0.60 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $327.5M | $22.4M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $530.1M | $363.2M |
| Total Assets | $605.0M | $548.6M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $327.5M | — | ||
| Q4 25 | $342.1M | $22.4M | ||
| Q3 25 | $338.6M | $18.0M | ||
| Q2 25 | $336.8M | $25.2M | ||
| Q1 25 | $325.5M | $26.7M | ||
| Q4 24 | $334.7M | $39.1M | ||
| Q3 24 | $231.3M | $35.5M | ||
| Q2 24 | $256.0M | $60.8M |
| Q1 26 | $530.1M | — | ||
| Q4 25 | $542.1M | $363.2M | ||
| Q3 25 | $537.7M | $364.4M | ||
| Q2 25 | $532.2M | $372.5M | ||
| Q1 25 | $517.4M | $366.9M | ||
| Q4 24 | $517.8M | $371.5M | ||
| Q3 24 | $400.2M | $380.0M | ||
| Q2 24 | $388.4M | $399.9M |
| Q1 26 | $605.0M | — | ||
| Q4 25 | $612.9M | $548.6M | ||
| Q3 25 | $613.2M | $554.6M | ||
| Q2 25 | $608.9M | $559.6M | ||
| Q1 25 | $590.9M | $578.9M | ||
| Q4 24 | $592.2M | $587.4M | ||
| Q3 24 | $477.3M | $571.3M | ||
| Q2 24 | $443.6M | $577.4M |
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 | — | $27.3M |
| Free Cash FlowOCF − Capex | — | $16.3M |
| FCF MarginFCF / Revenue | — | 13.1% |
| Capex IntensityCapex / Revenue | — | 8.8% |
| Cash ConversionOCF / Net Profit | — | 14.22× |
| TTM Free Cash FlowTrailing 4 quarters | — | $21.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $9.9M | $27.3M | ||
| Q3 25 | $7.0M | $-8.1M | ||
| Q2 25 | $14.4M | $40.8M | ||
| Q1 25 | $9.4M | $-9.8M | ||
| Q4 24 | $7.1M | $-7.4M | ||
| Q3 24 | $9.2M | $-30.8M | ||
| Q2 24 | $10.7M | $43.7M |
| Q1 26 | — | — | ||
| Q4 25 | $6.1M | $16.3M | ||
| Q3 25 | $2.9M | $-12.4M | ||
| Q2 25 | $10.2M | $33.5M | ||
| Q1 25 | $6.0M | $-16.1M | ||
| Q4 24 | $4.4M | $-10.7M | ||
| Q3 24 | $5.9M | $-35.5M | ||
| Q2 24 | $8.0M | $38.2M |
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | 13.1% | ||
| Q3 25 | 2.8% | -14.6% | ||
| Q2 25 | 10.1% | 23.8% | ||
| Q1 25 | 6.0% | -13.9% | ||
| Q4 24 | 4.4% | -8.3% | ||
| Q3 24 | 6.8% | -40.2% | ||
| Q2 24 | 9.7% | 24.0% |
| Q1 26 | — | — | ||
| Q4 25 | 3.6% | 8.8% | ||
| Q3 25 | 3.9% | 5.0% | ||
| Q2 25 | 4.1% | 5.2% | ||
| Q1 25 | 3.3% | 5.4% | ||
| Q4 24 | 2.6% | 2.5% | ||
| Q3 24 | 3.7% | 5.3% | ||
| Q2 24 | 3.2% | 3.5% |
| Q1 26 | — | — | ||
| Q4 25 | 32.34× | 14.22× | ||
| Q3 25 | 5.92× | — | ||
| Q2 25 | 2.73× | 4.73× | ||
| Q1 25 | 3.21× | -4.68× | ||
| Q4 24 | 1.56× | -1.63× | ||
| Q3 24 | 2.15× | — | ||
| Q2 24 | — | 1.57× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
