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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and Vitesse Energy, Inc. (VTS). 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 $58.6M, roughly 1.8× Vitesse Energy, Inc.). Vitesse Energy, Inc. runs the higher net margin — -1.3% vs -1.4%, a 0.2% gap on every dollar of revenue. On growth, Vitesse Energy, Inc. posted the faster year-over-year revenue change (4.8% vs 3.7%). Over the past eight quarters, GRID DYNAMICS HOLDINGS, INC.'s revenue compounded faster (12.0% CAGR vs -2.1%).
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.
Vitesse Energy, Inc. is a U.S.-headquartered independent energy company focused on exploration, development, and production of oil and natural gas assets. It operates primarily in high-potential onshore basins including North Dakota's Williston Basin, serving domestic and global upstream energy market demand.
GDYN vs VTS — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $104.1M | $58.6M |
| Net Profit | $-1.5M | $-739.0K |
| Gross Margin | 34.8% | — |
| Operating Margin | 61.7% | -12.0% |
| Net Margin | -1.4% | -1.3% |
| Revenue YoY | 3.7% | 4.8% |
| Net Profit YoY | -150.6% | 85.6% |
| EPS (diluted) | $-0.02 | $-0.01 |
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 | $58.6M | ||
| Q3 25 | $104.2M | $67.4M | ||
| Q2 25 | $101.1M | $81.8M | ||
| Q1 25 | $100.4M | $66.2M | ||
| Q4 24 | $100.3M | $55.9M | ||
| Q3 24 | $87.4M | $58.3M | ||
| Q2 24 | $83.0M | $66.6M |
| Q1 26 | $-1.5M | — | ||
| Q4 25 | $306.0K | $-739.0K | ||
| Q3 25 | $1.2M | $-1.3M | ||
| Q2 25 | $5.3M | $24.7M | ||
| Q1 25 | $2.9M | $2.7M | ||
| Q4 24 | $4.5M | $-5.1M | ||
| Q3 24 | $4.3M | $17.4M | ||
| Q2 24 | $-817.0K | $10.9M |
| 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% | -12.0% | ||
| Q3 25 | -0.2% | 0.2% | ||
| Q2 25 | -0.1% | 22.8% | ||
| Q1 25 | -2.0% | 8.1% | ||
| Q4 24 | 1.3% | 3.7% | ||
| Q3 24 | 2.4% | 15.4% | ||
| Q2 24 | 0.0% | 25.2% |
| Q1 26 | -1.4% | — | ||
| Q4 25 | 0.3% | -1.3% | ||
| Q3 25 | 1.1% | -1.9% | ||
| Q2 25 | 5.2% | 30.2% | ||
| Q1 25 | 2.9% | 4.0% | ||
| Q4 24 | 4.5% | -9.2% | ||
| Q3 24 | 4.9% | 29.9% | ||
| Q2 24 | -1.0% | 16.4% |
| Q1 26 | $-0.02 | — | ||
| Q4 25 | $0.01 | $-0.01 | ||
| Q3 25 | $0.01 | $-0.03 | ||
| Q2 25 | $0.06 | $0.60 | ||
| Q1 25 | $0.03 | $0.08 | ||
| Q4 24 | $0.06 | $-0.15 | ||
| Q3 24 | $0.05 | $0.53 | ||
| Q2 24 | $-0.01 | $0.33 |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $530.1M | $629.3M |
| Total Assets | $605.0M | $893.4M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $327.5M | — | ||
| Q4 25 | $342.1M | — | ||
| Q3 25 | $338.6M | — | ||
| Q2 25 | $336.8M | — | ||
| Q1 25 | $325.5M | $4.5M | ||
| Q4 24 | $334.7M | $3.0M | ||
| Q3 24 | $231.3M | — | ||
| Q2 24 | $256.0M | — |
| Q1 26 | $530.1M | — | ||
| Q4 25 | $542.1M | $629.3M | ||
| Q3 25 | $537.7M | $650.3M | ||
| Q2 25 | $532.2M | $671.9M | ||
| Q1 25 | $517.4M | $667.7M | ||
| Q4 24 | $517.8M | $500.3M | ||
| Q3 24 | $400.2M | $520.4M | ||
| Q2 24 | $388.4M | $518.5M |
| Q1 26 | $605.0M | — | ||
| Q4 25 | $612.9M | $893.4M | ||
| Q3 25 | $613.2M | $932.9M | ||
| Q2 25 | $608.9M | $951.5M | ||
| Q1 25 | $590.9M | $975.2M | ||
| Q4 24 | $592.2M | $810.9M | ||
| Q3 24 | $477.3M | $791.2M | ||
| Q2 24 | $443.6M | $778.4M |
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 | — | $37.4M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $9.9M | $37.4M | ||
| Q3 25 | $7.0M | $49.4M | ||
| Q2 25 | $14.4M | $66.0M | ||
| Q1 25 | $9.4M | $17.5M | ||
| Q4 24 | $7.1M | $34.7M | ||
| Q3 24 | $9.2M | $45.7M | ||
| Q2 24 | $10.7M | $35.2M |
| 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× | — | ||
| Q3 25 | 5.92× | — | ||
| Q2 25 | 2.73× | 2.68× | ||
| Q1 25 | 3.21× | 6.56× | ||
| Q4 24 | 1.56× | — | ||
| Q3 24 | 2.15× | 2.62× | ||
| Q2 24 | — | 3.22× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
GDYN
Segment breakdown not available.
VTS
| Oil Reserves | $54.5M | 93% |
| Natural Gas Reserves | $4.2M | 7% |
