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GRID DYNAMICS HOLDINGS, INC.（GDYN）与INSTEEL INDUSTRIES INC（IIIN）财务数据对比。点击上方公司名可切换其他公司
INSTEEL INDUSTRIES INC的季度营收约是GRID DYNAMICS HOLDINGS, INC.的1.5倍（$159.9M vs $106.2M），INSTEEL INDUSTRIES INC净利率更高（4.7% vs 0.3%，领先4.5%），INSTEEL INDUSTRIES INC同比增速更快（23.3% vs 5.9%），GRID DYNAMICS HOLDINGS, INC.自由现金流更多（$6.1M vs $-2.2M），过去两年GRID DYNAMICS HOLDINGS, INC.的营收复合增速更高（15.3% vs 12.0%）
Escape Dynamics Inc.是一家总部位于科罗拉多州的科技企业，活跃于2010年至2015年，核心业务方向是研发可单级入轨、依靠电磁驱动的可重复使用航天飞机，并推动该项目实现商业化落地。
Insteel Industries Inc是美国领先的钢材加固产品制造商，主营焊接钢筋网、工程结构网、钢纤维等产品，主要服务北美地区非住宅建筑、基础设施、预制混凝土构件等领域客户，提供高性能建筑加固解决方案。
GDYN vs IIIN — 直观对比
营收规模更大
IIIN
是对方的1.5倍
$106.2M
营收增速更快
IIIN
高出17.4%
5.9%
净利率更高
IIIN
高出4.5%
0.3%
自由现金流更多
GDYN
多$8.3M
$-2.2M
两年增速更快
GDYN
近两年复合增速
12.0%
损益表 — Q4 FY2025 vs Q1 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $106.2M | $159.9M |
| 净利润 | $306.0K | $7.6M |
| 毛利率 | 34.0% | 11.3% |
| 营业利润率 | 0.5% | 6.0% |
| 净利率 | 0.3% | 4.7% |
| 营收同比 | 5.9% | 23.3% |
| 净利润同比 | -93.2% | 602.4% |
| 每股收益（稀释后） | $0.01 | $0.39 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收GDYNIIIN
| Q4 25 | $106.2M | $159.9M | ||
| Q3 25 | $104.2M | $177.4M | ||
| Q2 25 | $101.1M | $179.9M | ||
| Q1 25 | $100.4M | $160.7M | ||
| Q4 24 | $100.3M | $129.7M | ||
| Q3 24 | $87.4M | $134.3M | ||
| Q2 24 | $83.0M | $145.8M | ||
| Q1 24 | $79.8M | $127.4M |
净利润GDYNIIIN
| Q4 25 | $306.0K | $7.6M | ||
| Q3 25 | $1.2M | $14.6M | ||
| Q2 25 | $5.3M | $15.2M | ||
| Q1 25 | $2.9M | $10.2M | ||
| Q4 24 | $4.5M | $1.1M | ||
| Q3 24 | $4.3M | $4.7M | ||
| Q2 24 | $-817.0K | $6.6M | ||
| Q1 24 | $-3.9M | $6.9M |
毛利率GDYNIIIN
| Q4 25 | 34.0% | 11.3% | ||
| Q3 25 | 33.3% | 16.1% | ||
| Q2 25 | 34.1% | 17.1% | ||
| Q1 25 | 36.8% | 15.3% | ||
| Q4 24 | 36.9% | 7.3% | ||
| Q3 24 | 37.4% | 9.1% | ||
| Q2 24 | 35.6% | 10.6% | ||
| Q1 24 | 34.7% | 12.3% |
营业利润率GDYNIIIN
| Q4 25 | 0.5% | 6.0% | ||
| Q3 25 | -0.2% | 10.8% | ||
| Q2 25 | -0.1% | 11.0% | ||
| Q1 25 | -2.0% | 8.3% | ||
| Q4 24 | 1.3% | 1.1% | ||
| Q3 24 | 2.4% | 4.5% | ||
| Q2 24 | 0.0% | 6.0% | ||
| Q1 24 | -6.9% | 7.0% |
净利率GDYNIIIN
| Q4 25 | 0.3% | 4.7% | ||
| Q3 25 | 1.1% | 8.2% | ||
| Q2 25 | 5.2% | 8.4% | ||
| Q1 25 | 2.9% | 6.4% | ||
| Q4 24 | 4.5% | 0.8% | ||
| Q3 24 | 4.9% | 3.5% | ||
| Q2 24 | -1.0% | 4.5% | ||
| Q1 24 | -4.9% | 5.4% |
每股收益（稀释后）GDYNIIIN
| Q4 25 | $0.01 | $0.39 | ||
| Q3 25 | $0.01 | $0.74 | ||
| Q2 25 | $0.06 | $0.78 | ||
| Q1 25 | $0.03 | $0.52 | ||
| Q4 24 | $0.06 | $0.06 | ||
| Q3 24 | $0.05 | $0.24 | ||
| Q2 24 | $-0.01 | $0.34 | ||
| Q1 24 | $-0.05 | $0.35 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $342.1M | $15.6M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $542.1M | $358.8M |
| 总资产 | $612.9M | $456.1M |
| 负债/权益比越低杠杆越低 | — | — |
8季度趋势，按日历期对齐
现金及短期投资GDYNIIIN
| Q4 25 | $342.1M | $15.6M | ||
| Q3 25 | $338.6M | $38.6M | ||
| Q2 25 | $336.8M | $53.7M | ||
| Q1 25 | $325.5M | $28.4M | ||
| Q4 24 | $334.7M | $36.0M | ||
| Q3 24 | $231.3M | $111.5M | ||
| Q2 24 | $256.0M | $97.7M | ||
| Q1 24 | $249.4M | $83.9M |
股东权益GDYNIIIN
| Q4 25 | $542.1M | $358.8M | ||
| Q3 25 | $537.7M | $371.5M | ||
| Q2 25 | $532.2M | $356.2M | ||
| Q1 25 | $517.4M | $341.4M | ||
| Q4 24 | $517.8M | $331.6M | ||
| Q3 24 | $400.2M | $350.9M | ||
| Q2 24 | $388.4M | $346.0M | ||
| Q1 24 | $382.8M | $340.6M |
总资产GDYNIIIN
| Q4 25 | $612.9M | $456.1M | ||
| Q3 25 | $613.2M | $462.6M | ||
| Q2 25 | $608.9M | $471.9M | ||
| Q1 25 | $590.9M | $421.9M | ||
| Q4 24 | $592.2M | $404.7M | ||
| Q3 24 | $477.3M | $422.6M | ||
| Q2 24 | $443.6M | $414.6M | ||
| Q1 24 | $435.3M | $397.2M |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $9.9M | $-701.0K |
| 自由现金流经营现金流 - 资本支出 | $6.1M | $-2.2M |
| 自由现金流率自由现金流/营收 | 5.7% | -1.4% |
| 资本支出强度资本支出/营收 | 3.6% | 0.9% |
| 现金转化率经营现金流/净利润 | 32.34× | -0.09× |
| 过去12个月自由现金流最近4个季度 | $25.3M | $439.0K |
8季度趋势，按日历期对齐
经营现金流GDYNIIIN
| Q4 25 | $9.9M | $-701.0K | ||
| Q3 25 | $7.0M | $-17.0M | ||
| Q2 25 | $14.4M | $28.5M | ||
| Q1 25 | $9.4M | $-3.3M | ||
| Q4 24 | $7.1M | $19.0M | ||
| Q3 24 | $9.2M | $16.2M | ||
| Q2 24 | $10.7M | $18.8M | ||
| Q1 24 | $3.2M | $1.4M |
自由现金流GDYNIIIN
| Q4 25 | $6.1M | $-2.2M | ||
| Q3 25 | $2.9M | $-18.7M | ||
| Q2 25 | $10.2M | $26.9M | ||
| Q1 25 | $6.0M | $-5.5M | ||
| Q4 24 | $4.4M | $16.3M | ||
| Q3 24 | $5.9M | $14.5M | ||
| Q2 24 | $8.0M | $15.5M | ||
| Q1 24 | $43.0K | $-580.0K |
自由现金流率GDYNIIIN
| Q4 25 | 5.7% | -1.4% | ||
| Q3 25 | 2.8% | -10.6% | ||
| Q2 25 | 10.1% | 15.0% | ||
| Q1 25 | 6.0% | -3.5% | ||
| Q4 24 | 4.4% | 12.6% | ||
| Q3 24 | 6.8% | 10.8% | ||
| Q2 24 | 9.7% | 10.7% | ||
| Q1 24 | 0.1% | -0.5% |
资本支出强度GDYNIIIN
| Q4 25 | 3.6% | 0.9% | ||
| Q3 25 | 3.9% | 1.0% | ||
| Q2 25 | 4.1% | 0.9% | ||
| Q1 25 | 3.3% | 1.4% | ||
| Q4 24 | 2.6% | 2.1% | ||
| Q3 24 | 3.7% | 1.3% | ||
| Q2 24 | 3.2% | 2.2% | ||
| Q1 24 | 4.0% | 1.5% |
现金转化率GDYNIIIN
| Q4 25 | 32.34× | -0.09× | ||
| Q3 25 | 5.92× | -1.17× | ||
| Q2 25 | 2.73× | 1.88× | ||
| Q1 25 | 3.21× | -0.32× | ||
| Q4 24 | 1.56× | 17.56× | ||
| Q3 24 | 2.15× | 3.48× | ||
| Q2 24 | — | 2.86× | ||
| Q1 24 | — | 0.20× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
GDYN
| Other | $30.6M | 29% |
| Technology Media And Telecom | $30.1M | 28% |
| Financial Service | $24.3M | 23% |
| Manufactured Product Other | $10.8M | 10% |
| Related Party | $7.6M | 7% |
| Health Care | $2.8M | 3% |
IIIN
| Welded Wire Reinforcement | $108.4M | 68% |
| PC Strand | $51.6M | 32% |
