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Side-by-side financial comparison of GRID DYNAMICS HOLDINGS, INC. (GDYN) and Xometry, Inc. (XMTR). Click either name above to swap in a different company.
Xometry, Inc. is the larger business by last-quarter revenue ($192.4M vs $104.1M, roughly 1.8× GRID DYNAMICS HOLDINGS, INC.). GRID DYNAMICS HOLDINGS, INC. runs the higher net margin — -1.4% vs -4.5%, a 3.1% gap on every dollar of revenue. On growth, Xometry, Inc. posted the faster year-over-year revenue change (29.5% vs 3.7%). Over the past eight quarters, Xometry, Inc.'s revenue compounded faster (25.2% 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.
Xometry is an online marketplace for sourcing on-demand manufactured parts for prototyping and large-scale production.
GDYN vs XMTR — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $104.1M | $192.4M |
| Net Profit | $-1.5M | $-8.6M |
| Gross Margin | 34.8% | 39.1% |
| Operating Margin | 61.7% | -4.6% |
| Net Margin | -1.4% | -4.5% |
| Revenue YoY | 3.7% | 29.5% |
| Net Profit YoY | -150.6% | 12.7% |
| 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.
| Q1 26 | $104.1M | — | ||
| Q4 25 | $106.2M | $192.4M | ||
| Q3 25 | $104.2M | $180.7M | ||
| Q2 25 | $101.1M | $162.5M | ||
| Q1 25 | $100.4M | $151.0M | ||
| Q4 24 | $100.3M | $148.5M | ||
| Q3 24 | $87.4M | $141.7M | ||
| Q2 24 | $83.0M | $132.6M |
| Q1 26 | $-1.5M | — | ||
| Q4 25 | $306.0K | $-8.6M | ||
| Q3 25 | $1.2M | $-11.6M | ||
| Q2 25 | $5.3M | $-26.4M | ||
| Q1 25 | $2.9M | $-15.1M | ||
| Q4 24 | $4.5M | $-9.9M | ||
| Q3 24 | $4.3M | $-10.2M | ||
| Q2 24 | $-817.0K | $-13.7M |
| Q1 26 | 34.8% | — | ||
| Q4 25 | 34.0% | 39.1% | ||
| Q3 25 | 33.3% | 39.9% | ||
| Q2 25 | 34.1% | 40.1% | ||
| Q1 25 | 36.8% | 37.3% | ||
| Q4 24 | 36.9% | 39.7% | ||
| Q3 24 | 37.4% | 39.4% | ||
| Q2 24 | 35.6% | 39.9% |
| Q1 26 | 61.7% | — | ||
| Q4 25 | 0.5% | -4.6% | ||
| Q3 25 | -0.2% | -6.1% | ||
| Q2 25 | -0.1% | -6.3% | ||
| Q1 25 | -2.0% | -10.2% | ||
| Q4 24 | 1.3% | -7.8% | ||
| Q3 24 | 2.4% | -8.1% | ||
| Q2 24 | 0.0% | -11.5% |
| Q1 26 | -1.4% | — | ||
| Q4 25 | 0.3% | -4.5% | ||
| Q3 25 | 1.1% | -6.4% | ||
| Q2 25 | 5.2% | -16.3% | ||
| Q1 25 | 2.9% | -10.0% | ||
| Q4 24 | 4.5% | -6.7% | ||
| Q3 24 | 4.9% | -7.2% | ||
| Q2 24 | -1.0% | -10.3% |
| 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 | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $327.5M | $219.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $530.1M | $275.6M |
| Total Assets | $605.0M | $703.7M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $327.5M | — | ||
| Q4 25 | $342.1M | $219.1M | ||
| Q3 25 | $338.6M | $224.5M | ||
| Q2 25 | $336.8M | $225.8M | ||
| Q1 25 | $325.5M | $231.4M | ||
| Q4 24 | $334.7M | $239.8M | ||
| Q3 24 | $231.3M | $234.0M | ||
| Q2 24 | $256.0M | $240.9M |
| Q1 26 | $530.1M | — | ||
| Q4 25 | $542.1M | $275.6M | ||
| Q3 25 | $537.7M | $272.0M | ||
| Q2 25 | $532.2M | $270.4M | ||
| Q1 25 | $517.4M | $309.9M | ||
| Q4 24 | $517.8M | $314.5M | ||
| Q3 24 | $400.2M | $315.2M | ||
| Q2 24 | $388.4M | $315.8M |
| Q1 26 | $605.0M | — | ||
| Q4 25 | $612.9M | $703.7M | ||
| Q3 25 | $613.2M | $698.9M | ||
| Q2 25 | $608.9M | $687.0M | ||
| Q1 25 | $590.9M | $690.1M | ||
| Q4 24 | $592.2M | $680.1M | ||
| Q3 24 | $477.3M | $678.2M | ||
| Q2 24 | $443.6M | $678.6M |
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 | — | $4.4M |
| Free Cash FlowOCF − Capex | — | $-5.9M |
| FCF MarginFCF / Revenue | — | -3.0% |
| Capex IntensityCapex / Revenue | — | 5.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-24.1M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $9.9M | $4.4M | ||
| Q3 25 | $7.0M | $5.8M | ||
| Q2 25 | $14.4M | $-427.0K | ||
| Q1 25 | $9.4M | $-3.7M | ||
| Q4 24 | $7.1M | $9.1M | ||
| Q3 24 | $9.2M | $-3.6M | ||
| Q2 24 | $10.7M | $-9.1M |
| Q1 26 | — | — | ||
| Q4 25 | $6.1M | $-5.9M | ||
| Q3 25 | $2.9M | $-1.7M | ||
| Q2 25 | $10.2M | $-7.4M | ||
| Q1 25 | $6.0M | $-9.2M | ||
| Q4 24 | $4.4M | $4.5M | ||
| Q3 24 | $5.9M | $-8.4M | ||
| Q2 24 | $8.0M | $-13.5M |
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | -3.0% | ||
| Q3 25 | 2.8% | -0.9% | ||
| Q2 25 | 10.1% | -4.5% | ||
| Q1 25 | 6.0% | -6.1% | ||
| Q4 24 | 4.4% | 3.1% | ||
| Q3 24 | 6.8% | -6.0% | ||
| Q2 24 | 9.7% | -10.2% |
| Q1 26 | — | — | ||
| Q4 25 | 3.6% | 5.3% | ||
| Q3 25 | 3.9% | 4.1% | ||
| Q2 25 | 4.1% | 4.3% | ||
| Q1 25 | 3.3% | 3.6% | ||
| Q4 24 | 2.6% | 3.1% | ||
| Q3 24 | 3.7% | 3.4% | ||
| Q2 24 | 3.2% | 3.3% |
| 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.
Revenue Breakdown by Segment
GDYN
Segment breakdown not available.
XMTR
| US | $159.1M | 83% |
| Non Us | $33.3M | 17% |