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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and VIEMED HEALTHCARE, INC. (VMD). Click either name above to swap in a different company.

GRID DYNAMICS HOLDINGS, INC. is the larger business by last-quarter revenue ($104.1M vs $76.2M, roughly 1.4× VIEMED HEALTHCARE, INC.). VIEMED HEALTHCARE, INC. runs the higher net margin — 7.4% vs -1.4%, a 8.8% gap on every dollar of revenue. On growth, VIEMED HEALTHCARE, INC. posted the faster year-over-year revenue change (25.5% vs 3.7%). Over the past eight quarters, VIEMED HEALTHCARE, INC.'s revenue compounded faster (22.7% 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.

Viemed Healthcare, Inc. is a medical technology firm specializing in respiratory care solutions. It develops, manufactures and distributes portable ventilators, respiratory therapy devices and related support services, catering to acute care, post-acute care and home care segments across North America, Europe and key Asia-Pacific markets for patients with respiratory conditions.

GDYN vs VMD — Head-to-Head

Bigger by revenue
GDYN
GDYN
1.4× larger
GDYN
$104.1M
$76.2M
VMD
Growing faster (revenue YoY)
VMD
VMD
+21.8% gap
VMD
25.5%
3.7%
GDYN
Higher net margin
VMD
VMD
8.8% more per $
VMD
7.4%
-1.4%
GDYN
Faster 2-yr revenue CAGR
VMD
VMD
Annualised
VMD
22.7%
12.0%
GDYN

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
GDYN
GDYN
VMD
VMD
Revenue
$104.1M
$76.2M
Net Profit
$-1.5M
$5.6M
Gross Margin
34.8%
57.9%
Operating Margin
61.7%
11.0%
Net Margin
-1.4%
7.4%
Revenue YoY
3.7%
25.5%
Net Profit YoY
-150.6%
30.7%
EPS (diluted)
$-0.02
$0.14

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
VMD
VMD
Q1 26
$104.1M
Q4 25
$106.2M
$76.2M
Q3 25
$104.2M
$71.9M
Q2 25
$101.1M
$63.1M
Q1 25
$100.4M
$59.1M
Q4 24
$100.3M
$60.7M
Q3 24
$87.4M
$58.0M
Q2 24
$83.0M
$55.0M
Net Profit
GDYN
GDYN
VMD
VMD
Q1 26
$-1.5M
Q4 25
$306.0K
$5.6M
Q3 25
$1.2M
$3.5M
Q2 25
$5.3M
$3.2M
Q1 25
$2.9M
$2.6M
Q4 24
$4.5M
$4.3M
Q3 24
$4.3M
$3.9M
Q2 24
$-817.0K
$1.5M
Gross Margin
GDYN
GDYN
VMD
VMD
Q1 26
34.8%
Q4 25
34.0%
57.9%
Q3 25
33.3%
57.5%
Q2 25
34.1%
58.3%
Q1 25
36.8%
56.3%
Q4 24
36.9%
59.5%
Q3 24
37.4%
59.3%
Q2 24
35.6%
59.8%
Operating Margin
GDYN
GDYN
VMD
VMD
Q1 26
61.7%
Q4 25
0.5%
11.0%
Q3 25
-0.2%
7.8%
Q2 25
-0.1%
8.1%
Q1 25
-2.0%
6.5%
Q4 24
1.3%
10.6%
Q3 24
2.4%
9.7%
Q2 24
0.0%
6.6%
Net Margin
GDYN
GDYN
VMD
VMD
Q1 26
-1.4%
Q4 25
0.3%
7.4%
Q3 25
1.1%
4.9%
Q2 25
5.2%
5.0%
Q1 25
2.9%
4.4%
Q4 24
4.5%
7.1%
Q3 24
4.9%
6.7%
Q2 24
-1.0%
2.7%
EPS (diluted)
GDYN
GDYN
VMD
VMD
Q1 26
$-0.02
Q4 25
$0.01
$0.14
Q3 25
$0.01
$0.09
Q2 25
$0.06
$0.08
Q1 25
$0.03
$0.06
Q4 24
$0.06
$0.10
Q3 24
$0.05
$0.10
Q2 24
$-0.01
$0.04

Balance Sheet & Financial Strength

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

Metric
GDYN
GDYN
VMD
VMD
Cash + ST InvestmentsLiquidity on hand
$327.5M
$13.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$530.1M
$141.5M
Total Assets
$605.0M
$199.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDYN
GDYN
VMD
VMD
Q1 26
$327.5M
Q4 25
$342.1M
$13.5M
Q3 25
$338.6M
$11.1M
Q2 25
$336.8M
$20.0M
Q1 25
$325.5M
$10.2M
Q4 24
$334.7M
$17.5M
Q3 24
$231.3M
$11.3M
Q2 24
$256.0M
$8.8M
Stockholders' Equity
GDYN
GDYN
VMD
VMD
Q1 26
$530.1M
Q4 25
$542.1M
$141.5M
Q3 25
$537.7M
$133.6M
Q2 25
$532.2M
$139.7M
Q1 25
$517.4M
$134.8M
Q4 24
$517.8M
$131.4M
Q3 24
$400.2M
$125.0M
Q2 24
$388.4M
$119.4M
Total Assets
GDYN
GDYN
VMD
VMD
Q1 26
$605.0M
Q4 25
$612.9M
$199.2M
Q3 25
$613.2M
$202.4M
Q2 25
$608.9M
$184.6M
Q1 25
$590.9M
$178.1M
Q4 24
$592.2M
$177.1M
Q3 24
$477.3M
$169.5M
Q2 24
$443.6M
$163.9M

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
VMD
VMD
Operating Cash FlowLast quarter
$18.4M
Free Cash FlowOCF − Capex
$9.7M
FCF MarginFCF / Revenue
12.7%
Capex IntensityCapex / Revenue
11.5%
Cash ConversionOCF / Net Profit
3.27×
TTM Free Cash FlowTrailing 4 quarters
$11.9M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDYN
GDYN
VMD
VMD
Q1 26
Q4 25
$9.9M
$18.4M
Q3 25
$7.0M
$18.4M
Q2 25
$14.4M
$12.3M
Q1 25
$9.4M
$2.9M
Q4 24
$7.1M
$15.0M
Q3 24
$9.2M
$12.7M
Q2 24
$10.7M
$10.2M
Free Cash Flow
GDYN
GDYN
VMD
VMD
Q1 26
Q4 25
$6.1M
$9.7M
Q3 25
$2.9M
$10.7M
Q2 25
$10.2M
$4.1M
Q1 25
$6.0M
$-12.6M
Q4 24
$4.4M
$3.2M
Q3 24
$5.9M
$1.7M
Q2 24
$8.0M
$1.2M
FCF Margin
GDYN
GDYN
VMD
VMD
Q1 26
Q4 25
5.7%
12.7%
Q3 25
2.8%
14.9%
Q2 25
10.1%
6.5%
Q1 25
6.0%
-21.4%
Q4 24
4.4%
5.2%
Q3 24
6.8%
3.0%
Q2 24
9.7%
2.3%
Capex Intensity
GDYN
GDYN
VMD
VMD
Q1 26
Q4 25
3.6%
11.5%
Q3 25
3.9%
10.6%
Q2 25
4.1%
12.9%
Q1 25
3.3%
26.2%
Q4 24
2.6%
19.5%
Q3 24
3.7%
19.0%
Q2 24
3.2%
16.3%
Cash Conversion
GDYN
GDYN
VMD
VMD
Q1 26
Q4 25
32.34×
3.27×
Q3 25
5.92×
5.23×
Q2 25
2.73×
3.88×
Q1 25
3.21×
1.09×
Q4 24
1.56×
3.47×
Q3 24
2.15×
3.29×
Q2 24
6.94×

Financial Flow Comparison

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

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