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GRID DYNAMICS HOLDINGS, INC.（GDYN）与Safehold Inc.（SAFE）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Safehold Inc.的1.1倍（$104.1M vs $97.9M），Safehold Inc.净利率更高（28.5% vs -1.4%，领先29.9%），Safehold Inc.同比增速更快（6.5% vs 3.7%），过去两年GRID DYNAMICS HOLDINGS, INC.的营收复合增速更高（12.0% vs 2.5%）
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。
SAFE投资有限公司是一家位于中国香港的中国主权财富基金，主要承担主权财富相关的投资运营职能，依托香港的国际金融中心优势开展相关投资业务。
GDYN vs SAFE — 直观对比
营收规模更大
GDYN
是对方的1.1倍
$97.9M
营收增速更快
SAFE
高出2.9%
3.7%
净利率更高
SAFE
高出29.9%
-1.4%
两年增速更快
GDYN
近两年复合增速
2.5%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $104.1M | $97.9M |
| 净利润 | $-1.5M | $27.9M |
| 毛利率 | 34.8% | 98.6% |
| 营业利润率 | 61.7% | 27.4% |
| 净利率 | -1.4% | 28.5% |
| 营收同比 | 3.7% | 6.5% |
| 净利润同比 | -150.6% | 7.1% |
| 每股收益（稀释后） | $-0.02 | $0.38 |
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GDYNSAFE
| Q1 26 | $104.1M | — | ||
| Q4 25 | $106.2M | $97.9M | ||
| Q3 25 | $104.2M | $96.2M | ||
| Q2 25 | $101.1M | $93.8M | ||
| Q1 25 | $100.4M | $97.7M | ||
| Q4 24 | $100.3M | $91.9M | ||
| Q3 24 | $87.4M | $90.7M | ||
| Q2 24 | $83.0M | $89.9M |
净利润GDYNSAFE
| Q1 26 | $-1.5M | — | ||
| Q4 25 | $306.0K | $27.9M | ||
| Q3 25 | $1.2M | $29.3M | ||
| Q2 25 | $5.3M | $27.9M | ||
| Q1 25 | $2.9M | $29.4M | ||
| Q4 24 | $4.5M | $26.0M | ||
| Q3 24 | $4.3M | $19.3M | ||
| Q2 24 | $-817.0K | $29.7M |
毛利率GDYNSAFE
| Q1 26 | 34.8% | — | ||
| Q4 25 | 34.0% | 98.6% | ||
| Q3 25 | 33.3% | 98.5% | ||
| Q2 25 | 34.1% | 99.1% | ||
| Q1 25 | 36.8% | 98.8% | ||
| Q4 24 | 36.9% | 98.8% | ||
| Q3 24 | 37.4% | 98.8% | ||
| Q2 24 | 35.6% | 98.8% |
营业利润率GDYNSAFE
| Q1 26 | 61.7% | — | ||
| Q4 25 | 0.5% | 27.4% | ||
| Q3 25 | -0.2% | 25.9% | ||
| Q2 25 | -0.1% | 25.5% | ||
| Q1 25 | -2.0% | 25.9% | ||
| Q4 24 | 1.3% | 24.6% | ||
| Q3 24 | 2.4% | 17.5% | ||
| Q2 24 | 0.0% | 26.7% |
净利率GDYNSAFE
| Q1 26 | -1.4% | — | ||
| Q4 25 | 0.3% | 28.5% | ||
| Q3 25 | 1.1% | 30.5% | ||
| Q2 25 | 5.2% | 29.8% | ||
| Q1 25 | 2.9% | 30.1% | ||
| Q4 24 | 4.5% | 28.3% | ||
| Q3 24 | 4.9% | 21.3% | ||
| Q2 24 | -1.0% | 33.0% |
每股收益（稀释后）GDYNSAFE
| Q1 26 | $-0.02 | — | ||
| Q4 25 | $0.01 | $0.38 | ||
| Q3 25 | $0.01 | $0.41 | ||
| Q2 25 | $0.06 | $0.39 | ||
| Q1 25 | $0.03 | $0.41 | ||
| Q4 24 | $0.06 | $0.36 | ||
| Q3 24 | $0.05 | $0.27 | ||
| Q2 24 | $-0.01 | $0.42 |
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 | $327.5M | $21.7M |
| 总债务越低越好 | — | $4.6B |
| 股东权益账面价值 | $530.1M | $2.4B |
| 总资产 | $605.0M | $7.2B |
| 负债/权益比越低杠杆越低 | — | 1.90× |
8季度趋势，按日历期对齐
现金及短期投资GDYNSAFE
| Q1 26 | $327.5M | — | ||
| Q4 25 | $342.1M | $21.7M | ||
| Q3 25 | $338.6M | $12.1M | ||
| Q2 25 | $336.8M | $13.9M | ||
| Q1 25 | $325.5M | $17.3M | ||
| Q4 24 | $334.7M | $8.3M | ||
| Q3 24 | $231.3M | $15.6M | ||
| Q2 24 | $256.0M | $13.4M |
总债务GDYNSAFE
| Q1 26 | — | — | ||
| Q4 25 | — | $4.6B | ||
| Q3 25 | — | $4.5B | ||
| Q2 25 | — | $4.4B | ||
| Q1 25 | — | $4.3B | ||
| Q4 24 | — | $4.3B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.2B |
股东权益GDYNSAFE
| Q1 26 | $530.1M | — | ||
| Q4 25 | $542.1M | $2.4B | ||
| Q3 25 | $537.7M | $2.4B | ||
| Q2 25 | $532.2M | $2.4B | ||
| Q1 25 | $517.4M | $2.4B | ||
| Q4 24 | $517.8M | $2.3B | ||
| Q3 24 | $400.2M | $2.3B | ||
| Q2 24 | $388.4M | $2.3B |
总资产GDYNSAFE
| Q1 26 | $605.0M | — | ||
| Q4 25 | $612.9M | $7.2B | ||
| Q3 25 | $613.2M | $7.1B | ||
| Q2 25 | $608.9M | $7.1B | ||
| Q1 25 | $590.9M | $6.9B | ||
| Q4 24 | $592.2M | $6.9B | ||
| Q3 24 | $477.3M | $6.8B | ||
| Q2 24 | $443.6M | $6.8B |
负债/权益比GDYNSAFE
| Q1 26 | — | — | ||
| Q4 25 | — | 1.90× | ||
| Q3 25 | — | 1.89× | ||
| Q2 25 | — | 1.87× | ||
| Q1 25 | — | 1.85× | ||
| Q4 24 | — | 1.84× | ||
| Q3 24 | — | 1.88× | ||
| Q2 24 | — | 1.81× |
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 | — | $47.8M |
| 自由现金流经营现金流 - 资本支出 | — | — |
| 自由现金流率自由现金流/营收 | — | — |
| 资本支出强度资本支出/营收 | — | — |
| 现金转化率经营现金流/净利润 | — | 1.72× |
| 过去12个月自由现金流最近4个季度 | — | — |
8季度趋势，按日历期对齐
经营现金流GDYNSAFE
| Q1 26 | — | — | ||
| Q4 25 | $9.9M | $47.8M | ||
| Q3 25 | $7.0M | $-1.4M | ||
| Q2 25 | $14.4M | $28.0M | ||
| Q1 25 | $9.4M | $8.9M | ||
| Q4 24 | $7.1M | $37.9M | ||
| Q3 24 | $9.2M | $8.3M | ||
| Q2 24 | $10.7M | $24.8M |
自由现金流GDYNSAFE
| 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 | — |
自由现金流率GDYNSAFE
| 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% | — |
资本支出强度GDYNSAFE
| 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% | — |
现金转化率GDYNSAFE
| Q1 26 | — | — | ||
| Q4 25 | 32.34× | 1.72× | ||
| Q3 25 | 5.92× | -0.05× | ||
| Q2 25 | 2.73× | 1.00× | ||
| Q1 25 | 3.21× | 0.30× | ||
| Q4 24 | 1.56× | 1.45× | ||
| Q3 24 | 2.15× | 0.43× | ||
| Q2 24 | — | 0.83× |
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
暂无分部数据
SAFE
| Equity Method Investment Nonconsolidated Investee Or Group Of Investees | $60.3M | 62% |
| Other | $33.7M | 34% |
| Stabilized Properties | $3.8M | 4% |
