vs
Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and Terreno Realty Corp (TRNO). Click either name above to swap in a different company.
Terreno Realty Corp is the larger business by last-quarter revenue ($137.5M vs $104.1M, roughly 1.3× GRID DYNAMICS HOLDINGS, INC.). Terreno Realty Corp runs the higher net margin — 115.1% vs -1.4%, a 116.5% gap on every dollar of revenue. On growth, Terreno Realty Corp posted the faster year-over-year revenue change (32.6% vs 3.7%). Over the past eight quarters, Terreno Realty Corp's revenue compounded faster (27.2% 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.
Terreno Realty Corp is a publicly traded real estate investment trust that specializes in owning, operating, and acquiring high-quality industrial real estate assets. Its portfolio mainly includes distribution warehouses and logistics facilities located in high-demand coastal U.S. metropolitan markets, serving tenants across e-commerce, last-mile delivery, retail supply chain, and light manufacturing segments.
GDYN vs TRNO — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $104.1M | $137.5M |
| Net Profit | $-1.5M | $158.2M |
| Gross Margin | 34.8% | — |
| Operating Margin | 61.7% | — |
| Net Margin | -1.4% | 115.1% |
| Revenue YoY | 3.7% | 32.6% |
| Net Profit YoY | -150.6% | 107.9% |
| EPS (diluted) | $-0.02 | $1.54 |
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 | $137.5M | ||
| Q3 25 | $104.2M | $116.2M | ||
| Q2 25 | $101.1M | $112.2M | ||
| Q1 25 | $100.4M | $110.4M | ||
| Q4 24 | $100.3M | $103.7M | ||
| Q3 24 | $87.4M | $99.6M | ||
| Q2 24 | $83.0M | $94.2M |
| Q1 26 | $-1.5M | — | ||
| Q4 25 | $306.0K | $158.2M | ||
| Q3 25 | $1.2M | $103.4M | ||
| Q2 25 | $5.3M | $93.3M | ||
| Q1 25 | $2.9M | $48.1M | ||
| Q4 24 | $4.5M | $76.1M | ||
| Q3 24 | $4.3M | $36.6M | ||
| Q2 24 | $-817.0K | $35.7M |
| Q1 26 | 34.8% | — | ||
| Q4 25 | 34.0% | — | ||
| Q3 25 | 33.3% | — | ||
| Q2 25 | 34.1% | — | ||
| Q1 25 | 36.8% | — | ||
| Q4 24 | 36.9% | — | ||
| Q3 24 | 37.4% | — | ||
| Q2 24 | 35.6% | — |
| Q1 26 | 61.7% | — | ||
| Q4 25 | 0.5% | — | ||
| Q3 25 | -0.2% | — | ||
| Q2 25 | -0.1% | — | ||
| Q1 25 | -2.0% | — | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 2.4% | — | ||
| Q2 24 | 0.0% | — |
| Q1 26 | -1.4% | — | ||
| Q4 25 | 0.3% | 115.1% | ||
| Q3 25 | 1.1% | 88.9% | ||
| Q2 25 | 5.2% | 83.1% | ||
| Q1 25 | 2.9% | 43.6% | ||
| Q4 24 | 4.5% | 73.4% | ||
| Q3 24 | 4.9% | 36.8% | ||
| Q2 24 | -1.0% | 37.9% |
| Q1 26 | $-0.02 | — | ||
| Q4 25 | $0.01 | $1.54 | ||
| Q3 25 | $0.01 | $1.00 | ||
| Q2 25 | $0.06 | $0.90 | ||
| Q1 25 | $0.03 | $0.47 | ||
| Q4 24 | $0.06 | $0.78 | ||
| Q3 24 | $0.05 | $0.37 | ||
| Q2 24 | $-0.01 | $0.37 |
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 | $25.0M |
| Total DebtLower is stronger | — | $943.3M |
| Stockholders' EquityBook value | $530.1M | $4.1B |
| Total Assets | $605.0M | $5.4B |
| Debt / EquityLower = less leverage | — | 0.23× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $327.5M | — | ||
| Q4 25 | $342.1M | $25.0M | ||
| Q3 25 | $338.6M | $26.2M | ||
| Q2 25 | $336.8M | $128.4M | ||
| Q1 25 | $325.5M | $156.5M | ||
| Q4 24 | $334.7M | $18.1M | ||
| Q3 24 | $231.3M | $243.7M | ||
| Q2 24 | $256.0M | $182.0M |
| Q1 26 | — | — | ||
| Q4 25 | — | $943.3M | ||
| Q3 25 | — | $1.0B | ||
| Q2 25 | — | $742.4M | ||
| Q1 25 | — | $741.9M | ||
| Q4 24 | — | $823.4M | ||
| Q3 24 | — | $672.2M | ||
| Q2 24 | — | $772.0M |
| Q1 26 | $530.1M | — | ||
| Q4 25 | $542.1M | $4.1B | ||
| Q3 25 | $537.7M | $4.0B | ||
| Q2 25 | $532.2M | $3.9B | ||
| Q1 25 | $517.4M | $3.9B | ||
| Q4 24 | $517.8M | $3.7B | ||
| Q3 24 | $400.2M | $3.6B | ||
| Q2 24 | $388.4M | $3.4B |
| Q1 26 | $605.0M | — | ||
| Q4 25 | $612.9M | $5.4B | ||
| Q3 25 | $613.2M | $5.3B | ||
| Q2 25 | $608.9M | $5.0B | ||
| Q1 25 | $590.9M | $4.9B | ||
| Q4 24 | $592.2M | $4.8B | ||
| Q3 24 | $477.3M | $4.6B | ||
| Q2 24 | $443.6M | $4.5B |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.23× | ||
| Q3 25 | — | 0.26× | ||
| Q2 25 | — | 0.19× | ||
| Q1 25 | — | 0.19× | ||
| Q4 24 | — | 0.22× | ||
| Q3 24 | — | 0.19× | ||
| Q2 24 | — | 0.22× |
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 | — | $271.9M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 1.72× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $9.9M | $271.9M | ||
| Q3 25 | $7.0M | $79.5M | ||
| Q2 25 | $14.4M | $60.6M | ||
| Q1 25 | $9.4M | $61.4M | ||
| Q4 24 | $7.1M | $232.7M | ||
| Q3 24 | $9.2M | $70.0M | ||
| Q2 24 | $10.7M | $64.3M |
| Q1 26 | — | — | ||
| Q4 25 | $6.1M | — | ||
| Q3 25 | $2.9M | — | ||
| Q2 25 | $10.2M | — | ||
| Q1 25 | $6.0M | — | ||
| Q4 24 | $4.4M | — | ||
| Q3 24 | $5.9M | — | ||
| Q2 24 | $8.0M | — |
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | — | ||
| Q3 25 | 2.8% | — | ||
| Q2 25 | 10.1% | — | ||
| Q1 25 | 6.0% | — | ||
| Q4 24 | 4.4% | — | ||
| Q3 24 | 6.8% | — | ||
| Q2 24 | 9.7% | — |
| Q1 26 | — | — | ||
| Q4 25 | 3.6% | — | ||
| Q3 25 | 3.9% | — | ||
| Q2 25 | 4.1% | — | ||
| Q1 25 | 3.3% | — | ||
| Q4 24 | 2.6% | — | ||
| Q3 24 | 3.7% | — | ||
| Q2 24 | 3.2% | — |
| Q1 26 | — | — | ||
| Q4 25 | 32.34× | 1.72× | ||
| Q3 25 | 5.92× | 0.77× | ||
| Q2 25 | 2.73× | 0.65× | ||
| Q1 25 | 3.21× | 1.28× | ||
| Q4 24 | 1.56× | 3.06× | ||
| Q3 24 | 2.15× | 1.91× | ||
| Q2 24 | — | 1.80× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GDYN
Segment breakdown not available.
TRNO
| Disposal Group Disposed Of By Sale Not Discontinued Operations | $109.5M | 80% |
| Other | $23.8M | 17% |
| At Market Equity Offering Program500Million | $4.1M | 3% |
