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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and Viridian Therapeutics, Inc.\DE (VRDN). 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 $70.6M, roughly 1.5× Viridian Therapeutics, Inc.\DE). GRID DYNAMICS HOLDINGS, INC. runs the higher net margin — -1.4% vs -49.0%, a 47.6% gap on every dollar of revenue. On growth, Viridian Therapeutics, Inc.\DE posted the faster year-over-year revenue change (81958.1% vs 3.7%).

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.

Viridian Therapeutics is a clinical-stage biotechnology firm developing novel disease-modifying therapies for rare, serious autoimmune and inflammatory diseases. Its lead pipeline candidate targets thyroid eye disease, a debilitating orbital disorder, with primary market focus on North America and Europe.

GDYN vs VRDN — Head-to-Head

Bigger by revenue
GDYN
GDYN
1.5× larger
GDYN
$104.1M
$70.6M
VRDN
Growing faster (revenue YoY)
VRDN
VRDN
+81954.5% gap
VRDN
81958.1%
3.7%
GDYN
Higher net margin
GDYN
GDYN
47.6% more per $
GDYN
-1.4%
-49.0%
VRDN

Income Statement — Q1 FY2026 vs Q3 FY2025

Metric
GDYN
GDYN
VRDN
VRDN
Revenue
$104.1M
$70.6M
Net Profit
$-1.5M
$-34.6M
Gross Margin
34.8%
Operating Margin
61.7%
-56.7%
Net Margin
-1.4%
-49.0%
Revenue YoY
3.7%
81958.1%
Net Profit YoY
-150.6%
54.9%
EPS (diluted)
$-0.02

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
VRDN
VRDN
Q1 26
$104.1M
Q4 25
$106.2M
Q3 25
$104.2M
$70.6M
Q2 25
$101.1M
Q1 25
$100.4M
Q4 24
$100.3M
Q3 24
$87.4M
Q2 24
$83.0M
Net Profit
GDYN
GDYN
VRDN
VRDN
Q1 26
$-1.5M
Q4 25
$306.0K
Q3 25
$1.2M
$-34.6M
Q2 25
$5.3M
Q1 25
$2.9M
Q4 24
$4.5M
Q3 24
$4.3M
Q2 24
$-817.0K
Gross Margin
GDYN
GDYN
VRDN
VRDN
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%
Operating Margin
GDYN
GDYN
VRDN
VRDN
Q1 26
61.7%
Q4 25
0.5%
Q3 25
-0.2%
-56.7%
Q2 25
-0.1%
Q1 25
-2.0%
Q4 24
1.3%
Q3 24
2.4%
Q2 24
0.0%
Net Margin
GDYN
GDYN
VRDN
VRDN
Q1 26
-1.4%
Q4 25
0.3%
Q3 25
1.1%
-49.0%
Q2 25
5.2%
Q1 25
2.9%
Q4 24
4.5%
Q3 24
4.9%
Q2 24
-1.0%
EPS (diluted)
GDYN
GDYN
VRDN
VRDN
Q1 26
$-0.02
Q4 25
$0.01
Q3 25
$0.01
Q2 25
$0.06
Q1 25
$0.03
Q4 24
$0.06
Q3 24
$0.05
Q2 24
$-0.01

Balance Sheet & Financial Strength

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

Metric
GDYN
GDYN
VRDN
VRDN
Cash + ST InvestmentsLiquidity on hand
$327.5M
$490.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$530.1M
$503.0M
Total Assets
$605.0M
$577.1M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
GDYN
GDYN
VRDN
VRDN
Q1 26
$327.5M
Q4 25
$342.1M
Q3 25
$338.6M
$490.9M
Q2 25
$336.8M
Q1 25
$325.5M
Q4 24
$334.7M
Q3 24
$231.3M
Q2 24
$256.0M
Stockholders' Equity
GDYN
GDYN
VRDN
VRDN
Q1 26
$530.1M
Q4 25
$542.1M
Q3 25
$537.7M
$503.0M
Q2 25
$532.2M
Q1 25
$517.4M
Q4 24
$517.8M
Q3 24
$400.2M
Q2 24
$388.4M
Total Assets
GDYN
GDYN
VRDN
VRDN
Q1 26
$605.0M
Q4 25
$612.9M
Q3 25
$613.2M
$577.1M
Q2 25
$608.9M
Q1 25
$590.9M
Q4 24
$592.2M
Q3 24
$477.3M
Q2 24
$443.6M

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
VRDN
VRDN
Operating Cash FlowLast quarter
$-84.6M
Free Cash FlowOCF − Capex
$-84.7M
FCF MarginFCF / Revenue
-120.1%
Capex IntensityCapex / Revenue
0.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
GDYN
GDYN
VRDN
VRDN
Q1 26
Q4 25
$9.9M
Q3 25
$7.0M
$-84.6M
Q2 25
$14.4M
Q1 25
$9.4M
Q4 24
$7.1M
Q3 24
$9.2M
Q2 24
$10.7M
Free Cash Flow
GDYN
GDYN
VRDN
VRDN
Q1 26
Q4 25
$6.1M
Q3 25
$2.9M
$-84.7M
Q2 25
$10.2M
Q1 25
$6.0M
Q4 24
$4.4M
Q3 24
$5.9M
Q2 24
$8.0M
FCF Margin
GDYN
GDYN
VRDN
VRDN
Q1 26
Q4 25
5.7%
Q3 25
2.8%
-120.1%
Q2 25
10.1%
Q1 25
6.0%
Q4 24
4.4%
Q3 24
6.8%
Q2 24
9.7%
Capex Intensity
GDYN
GDYN
VRDN
VRDN
Q1 26
Q4 25
3.6%
Q3 25
3.9%
0.2%
Q2 25
4.1%
Q1 25
3.3%
Q4 24
2.6%
Q3 24
3.7%
Q2 24
3.2%
Cash Conversion
GDYN
GDYN
VRDN
VRDN
Q1 26
Q4 25
32.34×
Q3 25
5.92×
Q2 25
2.73×
Q1 25
3.21×
Q4 24
1.56×
Q3 24
2.15×
Q2 24

Financial Flow Comparison

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

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