vs
Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and TACTILE SYSTEMS TECHNOLOGY INC (TCMD). Click either name above to swap in a different company.
GRID DYNAMICS HOLDINGS, INC. is the larger business by last-quarter revenue ($106.2M vs $103.6M, roughly 1.0× TACTILE SYSTEMS TECHNOLOGY INC). TACTILE SYSTEMS TECHNOLOGY INC runs the higher net margin — 10.3% vs 0.3%, a 10.0% gap on every dollar of revenue. On growth, TACTILE SYSTEMS TECHNOLOGY INC posted the faster year-over-year revenue change (21.0% vs 5.9%). TACTILE SYSTEMS TECHNOLOGY INC produced more free cash flow last quarter ($16.8M vs $6.1M). Over the past eight quarters, TACTILE SYSTEMS TECHNOLOGY INC's revenue compounded faster (30.2% CAGR vs 15.3%).
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.
Dominion Voting Systems Corporation was a North American company that produced and sold electronic voting hardware and software, including voting machines and tabulators, in Canada and the United States.
GDYN vs TCMD — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $106.2M | $103.6M |
| Net Profit | $306.0K | $10.6M |
| Gross Margin | 34.0% | 78.2% |
| Operating Margin | 0.5% | 18.1% |
| Net Margin | 0.3% | 10.3% |
| Revenue YoY | 5.9% | 21.0% |
| Net Profit YoY | -93.2% | 9.4% |
| EPS (diluted) | $0.01 | $0.45 |
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 | $103.6M | ||
| Q3 25 | $104.2M | $85.8M | ||
| Q2 25 | $101.1M | $78.9M | ||
| Q1 25 | $100.4M | $61.3M | ||
| Q4 24 | $100.3M | $85.6M | ||
| Q3 24 | $87.4M | $73.1M | ||
| Q2 24 | $83.0M | $73.2M | ||
| Q1 24 | $79.8M | $61.1M |
| Q4 25 | $306.0K | $10.6M | ||
| Q3 25 | $1.2M | $8.2M | ||
| Q2 25 | $5.3M | $3.2M | ||
| Q1 25 | $2.9M | $-3.0M | ||
| Q4 24 | $4.5M | $9.7M | ||
| Q3 24 | $4.3M | $5.2M | ||
| Q2 24 | $-817.0K | $4.3M | ||
| Q1 24 | $-3.9M | $-2.2M |
| Q4 25 | 34.0% | 78.2% | ||
| Q3 25 | 33.3% | 75.8% | ||
| Q2 25 | 34.1% | 74.5% | ||
| Q1 25 | 36.8% | 74.0% | ||
| Q4 24 | 36.9% | 75.2% | ||
| Q3 24 | 37.4% | 75.0% | ||
| Q2 24 | 35.6% | 73.9% | ||
| Q1 24 | 34.7% | 71.1% |
| Q4 25 | 0.5% | 18.1% | ||
| Q3 25 | -0.2% | 12.8% | ||
| Q2 25 | -0.1% | 5.2% | ||
| Q1 25 | -2.0% | -7.4% | ||
| Q4 24 | 1.3% | 14.6% | ||
| Q3 24 | 2.4% | 9.3% | ||
| Q2 24 | 0.0% | 8.0% | ||
| Q1 24 | -6.9% | -4.9% |
| Q4 25 | 0.3% | 10.3% | ||
| Q3 25 | 1.1% | 9.6% | ||
| Q2 25 | 5.2% | 4.1% | ||
| Q1 25 | 2.9% | -4.9% | ||
| Q4 24 | 4.5% | 11.4% | ||
| Q3 24 | 4.9% | 7.1% | ||
| Q2 24 | -1.0% | 5.9% | ||
| Q1 24 | -4.9% | -3.6% |
| Q4 25 | $0.01 | $0.45 | ||
| Q3 25 | $0.01 | $0.36 | ||
| Q2 25 | $0.06 | $0.14 | ||
| Q1 25 | $0.03 | $-0.13 | ||
| Q4 24 | $0.06 | $0.40 | ||
| Q3 24 | $0.05 | $0.21 | ||
| Q2 24 | $-0.01 | $0.18 | ||
| Q1 24 | $-0.05 | $-0.09 |
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 | $83.4M |
| Total DebtLower is stronger | — | $0 |
| Stockholders' EquityBook value | $542.1M | $218.9M |
| Total Assets | $612.9M | $273.9M |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $342.1M | $83.4M | ||
| Q3 25 | $338.6M | $66.0M | ||
| Q2 25 | $336.8M | $81.5M | ||
| Q1 25 | $325.5M | $83.6M | ||
| Q4 24 | $334.7M | $94.4M | ||
| Q3 24 | $231.3M | $82.1M | ||
| Q2 24 | $256.0M | $73.6M | ||
| Q1 24 | $249.4M | $60.7M |
| Q4 25 | — | $0 | ||
| Q3 25 | — | $0 | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $27.0M | ||
| Q2 24 | — | $27.8M | ||
| Q1 24 | — | $28.5M |
| Q4 25 | $542.1M | $218.9M | ||
| Q3 25 | $537.7M | $204.9M | ||
| Q2 25 | $532.2M | $194.9M | ||
| Q1 25 | $517.4M | $205.6M | ||
| Q4 24 | $517.8M | $216.6M | ||
| Q3 24 | $400.2M | $207.9M | ||
| Q2 24 | $388.4M | $200.7M | ||
| Q1 24 | $382.8M | $193.5M |
| Q4 25 | $612.9M | $273.9M | ||
| Q3 25 | $613.2M | $259.2M | ||
| Q2 25 | $608.9M | $273.0M | ||
| Q1 25 | $590.9M | $280.2M | ||
| Q4 24 | $592.2M | $297.9M | ||
| Q3 24 | $477.3M | $287.7M | ||
| Q2 24 | $443.6M | $278.8M | ||
| Q1 24 | $435.3M | $272.0M |
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.13× | ||
| Q2 24 | — | 0.14× | ||
| Q1 24 | — | 0.15× |
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 | $17.3M |
| Free Cash FlowOCF − Capex | $6.1M | $16.8M |
| FCF MarginFCF / Revenue | 5.7% | 16.2% |
| Capex IntensityCapex / Revenue | 3.6% | 0.5% |
| Cash ConversionOCF / Net Profit | 32.34× | 1.63× |
| TTM Free Cash FlowTrailing 4 quarters | $25.3M | $40.4M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $9.9M | $17.3M | ||
| Q3 25 | $7.0M | $10.3M | ||
| Q2 25 | $14.4M | $14.8M | ||
| Q1 25 | $9.4M | $417.0K | ||
| Q4 24 | $7.1M | $16.3M | ||
| Q3 24 | $9.2M | $10.3M | ||
| Q2 24 | $10.7M | $13.1M | ||
| Q1 24 | $3.2M | $924.0K |
| Q4 25 | $6.1M | $16.8M | ||
| Q3 25 | $2.9M | $9.2M | ||
| Q2 25 | $10.2M | $14.4M | ||
| Q1 25 | $6.0M | $38.0K | ||
| Q4 24 | $4.4M | $15.9M | ||
| Q3 24 | $5.9M | $9.3M | ||
| Q2 24 | $8.0M | $12.6M | ||
| Q1 24 | $43.0K | $442.0K |
| Q4 25 | 5.7% | 16.2% | ||
| Q3 25 | 2.8% | 10.8% | ||
| Q2 25 | 10.1% | 18.2% | ||
| Q1 25 | 6.0% | 0.1% | ||
| Q4 24 | 4.4% | 18.5% | ||
| Q3 24 | 6.8% | 12.7% | ||
| Q2 24 | 9.7% | 17.3% | ||
| Q1 24 | 0.1% | 0.7% |
| Q4 25 | 3.6% | 0.5% | ||
| Q3 25 | 3.9% | 1.3% | ||
| Q2 25 | 4.1% | 0.5% | ||
| Q1 25 | 3.3% | 0.6% | ||
| Q4 24 | 2.6% | 0.5% | ||
| Q3 24 | 3.7% | 1.3% | ||
| Q2 24 | 3.2% | 0.7% | ||
| Q1 24 | 4.0% | 0.8% |
| Q4 25 | 32.34× | 1.63× | ||
| Q3 25 | 5.92× | 1.26× | ||
| Q2 25 | 2.73× | 4.59× | ||
| Q1 25 | 3.21× | — | ||
| Q4 24 | 1.56× | 1.68× | ||
| Q3 24 | 2.15× | 1.99× | ||
| Q2 24 | — | 3.06× | ||
| 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% |
TCMD
| Private Insurers | $57.6M | 56% |
| Medicare | $24.6M | 24% |
| Durable Medical Equipment Distributors | $14.1M | 14% |
| Veterans Administration | $7.3M | 7% |
