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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and TREX CO INC (TREX). Click either name above to swap in a different company.
TREX CO INC is the larger business by last-quarter revenue ($161.1M vs $104.1M, roughly 1.5× GRID DYNAMICS HOLDINGS, INC.). TREX CO INC runs the higher net margin — 1.4% vs -1.4%, a 2.8% 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 -34.3%).
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.
Trex Company, Inc. is a manufacturer of wood-alternative composite decking, residential railing, and other outdoor items made from recycled materials. Its headquarters is in Winchester, Virginia.
GDYN vs TREX — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $104.1M | $161.1M |
| Net Profit | $-1.5M | $2.3M |
| Gross Margin | 34.8% | 30.2% |
| Operating Margin | 61.7% | 2.2% |
| Net Margin | -1.4% | 1.4% |
| Revenue YoY | 3.7% | -3.9% |
| Net Profit YoY | -150.6% | -76.4% |
| EPS (diluted) | $-0.02 | $0.03 |
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 | $161.1M | ||
| Q3 25 | $104.2M | $285.3M | ||
| Q2 25 | $101.1M | $387.8M | ||
| Q1 25 | $100.4M | $340.0M | ||
| Q4 24 | $100.3M | $167.6M | ||
| Q3 24 | $87.4M | $233.7M | ||
| Q2 24 | $83.0M | $376.5M |
| Q1 26 | $-1.5M | — | ||
| Q4 25 | $306.0K | $2.3M | ||
| Q3 25 | $1.2M | $51.8M | ||
| Q2 25 | $5.3M | $75.9M | ||
| Q1 25 | $2.9M | $60.4M | ||
| Q4 24 | $4.5M | $9.8M | ||
| Q3 24 | $4.3M | $40.6M | ||
| Q2 24 | $-817.0K | $87.0M |
| Q1 26 | 34.8% | — | ||
| Q4 25 | 34.0% | 30.2% | ||
| Q3 25 | 33.3% | 40.5% | ||
| Q2 25 | 34.1% | 40.8% | ||
| Q1 25 | 36.8% | 40.5% | ||
| Q4 24 | 36.9% | 32.7% | ||
| Q3 24 | 37.4% | 39.9% | ||
| Q2 24 | 35.6% | 44.7% |
| Q1 26 | 61.7% | — | ||
| Q4 25 | 0.5% | 2.2% | ||
| Q3 25 | -0.2% | 24.7% | ||
| Q2 25 | -0.1% | 26.4% | ||
| Q1 25 | -2.0% | 24.0% | ||
| Q4 24 | 1.3% | 9.2% | ||
| Q3 24 | 2.4% | 23.2% | ||
| Q2 24 | 0.0% | 31.1% |
| Q1 26 | -1.4% | — | ||
| Q4 25 | 0.3% | 1.4% | ||
| Q3 25 | 1.1% | 18.1% | ||
| Q2 25 | 5.2% | 19.6% | ||
| Q1 25 | 2.9% | 17.8% | ||
| Q4 24 | 4.5% | 5.8% | ||
| Q3 24 | 4.9% | 17.4% | ||
| Q2 24 | -1.0% | 23.1% |
| Q1 26 | $-0.02 | — | ||
| Q4 25 | $0.01 | $0.03 | ||
| Q3 25 | $0.01 | $0.48 | ||
| Q2 25 | $0.06 | $0.71 | ||
| Q1 25 | $0.03 | $0.56 | ||
| Q4 24 | $0.06 | $0.10 | ||
| Q3 24 | $0.05 | $0.37 | ||
| Q2 24 | $-0.01 | $0.80 |
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 | $3.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $530.1M | $1.0B |
| Total Assets | $605.0M | $1.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $327.5M | — | ||
| Q4 25 | $342.1M | $3.8M | ||
| Q3 25 | $338.6M | $11.4M | ||
| Q2 25 | $336.8M | $5.5M | ||
| Q1 25 | $325.5M | $5.0M | ||
| Q4 24 | $334.7M | $1.3M | ||
| Q3 24 | $231.3M | $12.8M | ||
| Q2 24 | $256.0M | $1.2M |
| Q1 26 | $530.1M | — | ||
| Q4 25 | $542.1M | $1.0B | ||
| Q3 25 | $537.7M | $1.0B | ||
| Q2 25 | $532.2M | $989.3M | ||
| Q1 25 | $517.4M | $910.1M | ||
| Q4 24 | $517.8M | $850.1M | ||
| Q3 24 | $400.2M | $887.9M | ||
| Q2 24 | $388.4M | $894.9M |
| Q1 26 | $605.0M | — | ||
| Q4 25 | $612.9M | $1.5B | ||
| Q3 25 | $613.2M | $1.5B | ||
| Q2 25 | $608.9M | $1.5B | ||
| Q1 25 | $590.9M | $1.6B | ||
| Q4 24 | $592.2M | $1.3B | ||
| Q3 24 | $477.3M | $1.3B | ||
| Q2 24 | $443.6M | $1.3B |
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 | — | $65.5M |
| Free Cash FlowOCF − Capex | — | $22.1M |
| FCF MarginFCF / Revenue | — | 13.7% |
| Capex IntensityCapex / Revenue | — | 26.9% |
| Cash ConversionOCF / Net Profit | — | 28.45× |
| TTM Free Cash FlowTrailing 4 quarters | — | $134.5M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $9.9M | $65.5M | ||
| Q3 25 | $7.0M | $196.9M | ||
| Q2 25 | $14.4M | $249.8M | ||
| Q1 25 | $9.4M | $-154.0M | ||
| Q4 24 | $7.1M | $-8.5M | ||
| Q3 24 | $9.2M | $132.8M | ||
| Q2 24 | $10.7M | $193.7M |
| Q1 26 | — | — | ||
| Q4 25 | $6.1M | $22.1M | ||
| Q3 25 | $2.9M | $142.9M | ||
| Q2 25 | $10.2M | $203.0M | ||
| Q1 25 | $6.0M | $-233.5M | ||
| Q4 24 | $4.4M | $-89.3M | ||
| Q3 24 | $5.9M | $54.5M | ||
| Q2 24 | $8.0M | $158.2M |
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | 13.7% | ||
| Q3 25 | 2.8% | 50.1% | ||
| Q2 25 | 10.1% | 52.3% | ||
| Q1 25 | 6.0% | -68.7% | ||
| Q4 24 | 4.4% | -53.3% | ||
| Q3 24 | 6.8% | 23.3% | ||
| Q2 24 | 9.7% | 42.0% |
| Q1 26 | — | — | ||
| Q4 25 | 3.6% | 26.9% | ||
| Q3 25 | 3.9% | 18.9% | ||
| Q2 25 | 4.1% | 12.1% | ||
| Q1 25 | 3.3% | 23.4% | ||
| Q4 24 | 2.6% | 48.2% | ||
| Q3 24 | 3.7% | 33.5% | ||
| Q2 24 | 3.2% | 9.4% |
| Q1 26 | — | — | ||
| Q4 25 | 32.34× | 28.45× | ||
| Q3 25 | 5.92× | 3.80× | ||
| Q2 25 | 2.73× | 3.29× | ||
| Q1 25 | 3.21× | -2.55× | ||
| Q4 24 | 1.56× | -0.87× | ||
| Q3 24 | 2.15× | 3.27× | ||
| Q2 24 | — | 2.23× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
