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GRID DYNAMICS HOLDINGS, INC.（GDYN）与Planet Labs PBC（PL）财务数据对比。点击上方公司名可切换其他公司
GRID DYNAMICS HOLDINGS, INC.的季度营收约是Planet Labs PBC的1.3倍（$106.2M vs $81.3M），GRID DYNAMICS HOLDINGS, INC.净利率更高（0.3% vs -72.8%，领先73.1%），Planet Labs PBC同比增速更快（32.6% vs 5.9%），GRID DYNAMICS HOLDINGS, INC.自由现金流更多（$6.1M vs $1.9M），过去两年Planet Labs PBC的营收复合增速更高（17.5% vs 15.3%）
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。
Planet Labs PBC（常简称为Planet）是总部位于美国加利福尼亚州旧金山的上市地球影像企业，核心目标是实现全球范围的每日成像，以此监测地表变化、精准识别相关趋势，为多行业的地理数据分析需求提供可靠的数据支持。
GDYN vs PL — 直观对比
营收规模更大
GDYN
是对方的1.3倍
$81.3M
营收增速更快
PL
高出26.8%
5.9%
净利率更高
GDYN
高出73.1%
-72.8%
自由现金流更多
GDYN
多$4.2M
$1.9M
两年增速更快
PL
近两年复合增速
15.3%
损益表 — Q4 FY2025 vs Q3 FY2026
| 指标 | | |
|---|---|---|
| 营收 | $106.2M | $81.3M |
| 净利润 | $306.0K | $-59.2M |
| 毛利率 | 34.0% | 57.3% |
| 营业利润率 | 0.5% | -22.6% |
| 净利率 | 0.3% | -72.8% |
| 营收同比 | 5.9% | 32.6% |
| 净利润同比 | -93.2% | -194.7% |
| 每股收益（稀释后） | $0.01 | $-0.19 |
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GDYNPL
| Q4 25 | $106.2M | $81.3M | ||
| Q3 25 | $104.2M | $73.4M | ||
| Q2 25 | $101.1M | $66.3M | ||
| Q1 25 | $100.4M | $61.6M | ||
| Q4 24 | $100.3M | $61.3M | ||
| Q3 24 | $87.4M | $61.1M | ||
| Q2 24 | $83.0M | $60.4M | ||
| Q1 24 | $79.8M | $58.9M |
净利润GDYNPL
| Q4 25 | $306.0K | $-59.2M | ||
| Q3 25 | $1.2M | $-22.6M | ||
| Q2 25 | $5.3M | $-12.6M | ||
| Q1 25 | $2.9M | $-35.2M | ||
| Q4 24 | $4.5M | $-20.1M | ||
| Q3 24 | $4.3M | $-38.7M | ||
| Q2 24 | $-817.0K | $-29.3M | ||
| Q1 24 | $-3.9M | $-30.1M |
毛利率GDYNPL
| Q4 25 | 34.0% | 57.3% | ||
| Q3 25 | 33.3% | 57.6% | ||
| Q2 25 | 34.1% | 55.2% | ||
| Q1 25 | 36.8% | 62.1% | ||
| Q4 24 | 36.9% | 61.2% | ||
| Q3 24 | 37.4% | 52.9% | ||
| Q2 24 | 35.6% | 52.4% | ||
| Q1 24 | 34.7% | 55.2% |
营业利润率GDYNPL
| Q4 25 | 0.5% | -22.6% | ||
| Q3 25 | -0.2% | -24.5% | ||
| Q2 25 | -0.1% | -34.4% | ||
| Q1 25 | -2.0% | -31.5% | ||
| Q4 24 | 1.3% | -36.9% | ||
| Q3 24 | 2.4% | -64.8% | ||
| Q2 24 | 0.0% | -57.2% | ||
| Q1 24 | -6.9% | -57.6% |
净利率GDYNPL
| Q4 25 | 0.3% | -72.8% | ||
| Q3 25 | 1.1% | -30.8% | ||
| Q2 25 | 5.2% | -19.1% | ||
| Q1 25 | 2.9% | -57.1% | ||
| Q4 24 | 4.5% | -32.8% | ||
| Q3 24 | 4.9% | -63.3% | ||
| Q2 24 | -1.0% | -48.5% | ||
| Q1 24 | -4.9% | -51.1% |
每股收益（稀释后）GDYNPL
| Q4 25 | $0.01 | $-0.19 | ||
| Q3 25 | $0.01 | $-0.07 | ||
| Q2 25 | $0.06 | $-0.04 | ||
| Q1 25 | $0.03 | $-0.12 | ||
| Q4 24 | $0.06 | $-0.07 | ||
| Q3 24 | $0.05 | $-0.13 | ||
| Q2 24 | $-0.01 | $-0.10 | ||
| Q1 24 | $-0.05 | $-0.10 |
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 | $443.3M |
| 总债务越低越好 | — | — |
| 股东权益账面价值 | $542.1M | $349.6M |
| 总资产 | $612.9M | $1.1B |
| 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GDYNPL
| Q4 25 | $342.1M | $443.3M | ||
| Q3 25 | $338.6M | $181.1M | ||
| Q2 25 | $336.8M | $133.5M | ||
| Q1 25 | $325.5M | $118.0M | ||
| Q4 24 | $334.7M | $139.0M | ||
| Q3 24 | $231.3M | $148.3M | ||
| Q2 24 | $256.0M | $107.4M | ||
| Q1 24 | $249.4M | $83.9M |
股东权益GDYNPL
| Q4 25 | $542.1M | $349.6M | ||
| Q3 25 | $537.7M | $435.7M | ||
| Q2 25 | $532.2M | $444.8M | ||
| Q1 25 | $517.4M | $441.3M | ||
| Q4 24 | $517.8M | $464.6M | ||
| Q3 24 | $400.2M | $473.2M | ||
| Q2 24 | $388.4M | $500.3M | ||
| Q1 24 | $382.8M | $518.0M |
总资产GDYNPL
| Q4 25 | $612.9M | $1.1B | ||
| Q3 25 | $613.2M | $696.4M | ||
| Q2 25 | $608.9M | $658.4M | ||
| Q1 25 | $590.9M | $633.8M | ||
| Q4 24 | $592.2M | $630.8M | ||
| Q3 24 | $477.3M | $658.4M | ||
| Q2 24 | $443.6M | $674.6M | ||
| Q1 24 | $435.3M | $702.0M |
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 | $28.6M |
| 自由现金流经营现金流 - 资本支出 | $6.1M | $1.9M |
| 自由现金流率自由现金流/营收 | 5.7% | 2.3% |
| 资本支出强度资本支出/营收 | 3.6% | 32.9% |
| 现金转化率经营现金流/净利润 | 32.34× | — |
| 过去12个月自由现金流最近4个季度 | $25.3M | $40.7M |
8季度趋势，按日历期对齐
经营现金流GDYNPL
| Q4 25 | $9.9M | $28.6M | ||
| Q3 25 | $7.0M | $67.8M | ||
| Q2 25 | $14.4M | $17.3M | ||
| Q1 25 | $9.4M | $-6.3M | ||
| Q4 24 | $7.1M | $4.1M | ||
| Q3 24 | $9.2M | $-7.9M | ||
| Q2 24 | $10.7M | $-4.3M | ||
| Q1 24 | $3.2M | $-6.8M |
自由现金流GDYNPL
| Q4 25 | $6.1M | $1.9M | ||
| Q3 25 | $2.9M | $47.5M | ||
| Q2 25 | $10.2M | $9.2M | ||
| Q1 25 | $6.0M | $-17.9M | ||
| Q4 24 | $4.4M | $-3.6M | ||
| Q3 24 | $5.9M | $-23.0M | ||
| Q2 24 | $8.0M | $-14.2M | ||
| Q1 24 | $43.0K | $-15.7M |
自由现金流率GDYNPL
| Q4 25 | 5.7% | 2.3% | ||
| Q3 25 | 2.8% | 64.7% | ||
| Q2 25 | 10.1% | 13.9% | ||
| Q1 25 | 6.0% | -29.1% | ||
| Q4 24 | 4.4% | -5.8% | ||
| Q3 24 | 6.8% | -37.6% | ||
| Q2 24 | 9.7% | -23.6% | ||
| Q1 24 | 0.1% | -26.7% |
资本支出强度GDYNPL
| Q4 25 | 3.6% | 32.9% | ||
| Q3 25 | 3.9% | 27.6% | ||
| Q2 25 | 4.1% | 12.3% | ||
| Q1 25 | 3.3% | 18.9% | ||
| Q4 24 | 2.6% | 12.5% | ||
| Q3 24 | 3.7% | 24.8% | ||
| Q2 24 | 3.2% | 16.4% | ||
| Q1 24 | 4.0% | 15.1% |
现金转化率GDYNPL
| 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 | — | — | ||
| Q1 24 | — | — |
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% |
PL
| Defense And Intelligence | $49.4M | 61% |
| Civil Government | $18.8M | 23% |
| Commercial | $13.1M | 16% |
