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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and Turning Point Brands, Inc. (TPB). Click either name above to swap in a different company.

Turning Point Brands, Inc. is the larger business by last-quarter revenue ($121.0M vs $104.1M, roughly 1.2× GRID DYNAMICS HOLDINGS, INC.). Turning Point Brands, Inc. runs the higher net margin — 6.8% vs -1.4%, a 8.2% gap on every dollar of revenue. On growth, Turning Point Brands, Inc. posted the faster year-over-year revenue change (29.2% vs 3.7%). Over the past eight quarters, Turning Point Brands, Inc.'s revenue compounded faster (20.7% CAGR vs 12.0%).

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.

Turning Point Australia (TPAUS) is a conservative lobby group based in Australia, affiliated with Turning Point USA but independent of it. Founded by Joel Jammal and first registered in 2023, the group has become active in trying to influence the outcome of the 2026 South Australian state election in March 2026.

GDYN vs TPB — Head-to-Head

Bigger by revenue
TPB
TPB
1.2× larger
TPB
$121.0M
$104.1M
GDYN
Growing faster (revenue YoY)
TPB
TPB
+25.5% gap
TPB
29.2%
3.7%
GDYN
Higher net margin
TPB
TPB
8.2% more per $
TPB
6.8%
-1.4%
GDYN
Faster 2-yr revenue CAGR
TPB
TPB
Annualised
TPB
20.7%
12.0%
GDYN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GDYN
GDYN
TPB
TPB
Revenue
$104.1M
$121.0M
Net Profit
$-1.5M
$8.2M
Gross Margin
34.8%
55.9%
Operating Margin
61.7%
16.5%
Net Margin
-1.4%
6.8%
Revenue YoY
3.7%
29.2%
Net Profit YoY
-150.6%
239.8%
EPS (diluted)
$-0.02
$0.40

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
TPB
TPB
Q1 26
$104.1M
Q4 25
$106.2M
$121.0M
Q3 25
$104.2M
$119.0M
Q2 25
$101.1M
$116.6M
Q1 25
$100.4M
$106.4M
Q4 24
$100.3M
$93.7M
Q3 24
$87.4M
$90.7M
Q2 24
$83.0M
$93.2M
Net Profit
GDYN
GDYN
TPB
TPB
Q1 26
$-1.5M
Q4 25
$306.0K
$8.2M
Q3 25
$1.2M
$21.1M
Q2 25
$5.3M
$14.5M
Q1 25
$2.9M
$14.4M
Q4 24
$4.5M
$2.4M
Q3 24
$4.3M
$12.4M
Q2 24
$-817.0K
$13.0M
Gross Margin
GDYN
GDYN
TPB
TPB
Q1 26
34.8%
Q4 25
34.0%
55.9%
Q3 25
33.3%
59.2%
Q2 25
34.1%
57.1%
Q1 25
36.8%
56.0%
Q4 24
36.9%
56.0%
Q3 24
37.4%
55.6%
Q2 24
35.6%
54.1%
Operating Margin
GDYN
GDYN
TPB
TPB
Q1 26
61.7%
Q4 25
0.5%
16.5%
Q3 25
-0.2%
21.8%
Q2 25
-0.1%
22.6%
Q1 25
-2.0%
21.8%
Q4 24
1.3%
19.1%
Q3 24
2.4%
22.9%
Q2 24
0.0%
24.5%
Net Margin
GDYN
GDYN
TPB
TPB
Q1 26
-1.4%
Q4 25
0.3%
6.8%
Q3 25
1.1%
17.7%
Q2 25
5.2%
12.4%
Q1 25
2.9%
13.5%
Q4 24
4.5%
2.6%
Q3 24
4.9%
13.6%
Q2 24
-1.0%
14.0%
EPS (diluted)
GDYN
GDYN
TPB
TPB
Q1 26
$-0.02
Q4 25
$0.01
$0.40
Q3 25
$0.01
$1.13
Q2 25
$0.06
$0.79
Q1 25
$0.03
$0.79
Q4 24
$0.06
$0.15
Q3 24
$0.05
$0.68
Q2 24
$-0.01
$0.68

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
GDYN
GDYN
TPB
TPB
Cash + ST InvestmentsLiquidity on hand
$327.5M
$222.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$530.1M
$372.0M
Total Assets
$605.0M
$763.8M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDYN
GDYN
TPB
TPB
Q1 26
$327.5M
Q4 25
$342.1M
$222.8M
Q3 25
$338.6M
$201.2M
Q2 25
$336.8M
$109.9M
Q1 25
$325.5M
$99.6M
Q4 24
$334.7M
$48.9M
Q3 24
$231.3M
$33.6M
Q2 24
$256.0M
$142.2M
Stockholders' Equity
GDYN
GDYN
TPB
TPB
Q1 26
$530.1M
Q4 25
$542.1M
$372.0M
Q3 25
$537.7M
$358.2M
Q2 25
$532.2M
$224.8M
Q1 25
$517.4M
$203.4M
Q4 24
$517.8M
$190.4M
Q3 24
$400.2M
$185.7M
Q2 24
$388.4M
$172.8M
Total Assets
GDYN
GDYN
TPB
TPB
Q1 26
$605.0M
Q4 25
$612.9M
$763.8M
Q3 25
$613.2M
$742.8M
Q2 25
$608.9M
$595.8M
Q1 25
$590.9M
$564.6M
Q4 24
$592.2M
$493.4M
Q3 24
$477.3M
$488.0M
Q2 24
$443.6M
$591.6M

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
TPB
TPB
Operating Cash FlowLast quarter
$24.9M
Free Cash FlowOCF − Capex
$21.5M
FCF MarginFCF / Revenue
17.8%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
3.03×
TTM Free Cash FlowTrailing 4 quarters
$43.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDYN
GDYN
TPB
TPB
Q1 26
Q4 25
$9.9M
$24.9M
Q3 25
$7.0M
$3.3M
Q2 25
$14.4M
$11.8M
Q1 25
$9.4M
$17.4M
Q4 24
$7.1M
$17.7M
Q3 24
$9.2M
$13.2M
Q2 24
$10.7M
$13.4M
Free Cash Flow
GDYN
GDYN
TPB
TPB
Q1 26
Q4 25
$6.1M
$21.5M
Q3 25
$2.9M
$-721.0K
Q2 25
$10.2M
$7.8M
Q1 25
$6.0M
$15.2M
Q4 24
$4.4M
$16.6M
Q3 24
$5.9M
$12.6M
Q2 24
$8.0M
$10.9M
FCF Margin
GDYN
GDYN
TPB
TPB
Q1 26
Q4 25
5.7%
17.8%
Q3 25
2.8%
-0.6%
Q2 25
10.1%
6.7%
Q1 25
6.0%
14.3%
Q4 24
4.4%
17.8%
Q3 24
6.8%
13.9%
Q2 24
9.7%
11.7%
Capex Intensity
GDYN
GDYN
TPB
TPB
Q1 26
Q4 25
3.6%
2.8%
Q3 25
3.9%
3.4%
Q2 25
4.1%
3.4%
Q1 25
3.3%
2.1%
Q4 24
2.6%
1.2%
Q3 24
3.7%
0.7%
Q2 24
3.2%
2.7%
Cash Conversion
GDYN
GDYN
TPB
TPB
Q1 26
Q4 25
32.34×
3.03×
Q3 25
5.92×
0.16×
Q2 25
2.73×
0.82×
Q1 25
3.21×
1.21×
Q4 24
1.56×
7.34×
Q3 24
2.15×
1.07×
Q2 24
1.03×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

GDYN
GDYN

Segment breakdown not available.

TPB
TPB

US$111.5M92%
Non Us$9.6M8%

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