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GRID DYNAMICS HOLDINGS, INC.（GDYN）与SHENANDOAH TELECOMMUNICATIONS CO（SHEN）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SHENANDOAH TELECOMMUNICATIONS CO的1.1倍（$104.1M vs $91.6M），GRID DYNAMICS HOLDINGS, INC.净利率更高（-1.4% vs -5.9%，领先4.5%），SHENANDOAH TELECOMMUNICATIONS CO同比增速更快（7.2% vs 3.7%），过去两年SHENANDOAH TELECOMMUNICATIONS CO的营收复合增速更高（15.0% 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。
谢南多厄电信是总部位于美国弗吉尼亚州的区域性电信服务商，面向美国中大西洋地区多州的居民及商业客户提供宽带互联网、无线通信、数字有线电视及光纤网络解决方案，重点服务乡村及城郊欠发达区域。
GDYN vs SHEN — 直观对比
营收规模更大
GDYN
是对方的1.1倍
$91.6M
营收增速更快
SHEN
高出3.6%
3.7%
净利率更高
GDYN
高出4.5%
-5.9%
两年增速更快
SHEN
近两年复合增速
12.0%
损益表 — Q1 FY2026 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $104.1M | $91.6M |
| 净利润 | $-1.5M | $-5.4M |
| 毛利率 | 34.8% | — |
| 营业利润率 | 61.7% | -1.0% |
| 净利率 | -1.4% | -5.9% |
| 营收同比 | 3.7% | 7.2% |
| 净利润同比 | -150.6% | -95.8% |
| 每股收益（稀释后） | $-0.02 | $-0.13 |
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GDYNSHEN
| Q1 26 | $104.1M | — | ||
| Q4 25 | $106.2M | $91.6M | ||
| Q3 25 | $104.2M | $89.8M | ||
| Q2 25 | $101.1M | $88.6M | ||
| Q1 25 | $100.4M | $87.9M | ||
| Q4 24 | $100.3M | $85.4M | ||
| Q3 24 | $87.4M | $87.6M | ||
| Q2 24 | $83.0M | $85.8M |
净利润GDYNSHEN
| Q1 26 | $-1.5M | — | ||
| Q4 25 | $306.0K | $-5.4M | ||
| Q3 25 | $1.2M | $-9.4M | ||
| Q2 25 | $5.3M | $-9.0M | ||
| Q1 25 | $2.9M | $-9.1M | ||
| Q4 24 | $4.5M | $-2.7M | ||
| Q3 24 | $4.3M | $-5.3M | ||
| Q2 24 | $-817.0K | $-12.9M |
毛利率GDYNSHEN
| 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% | — |
营业利润率GDYNSHEN
| Q1 26 | 61.7% | — | ||
| Q4 25 | 0.5% | -1.0% | ||
| Q3 25 | -0.2% | -8.0% | ||
| Q2 25 | -0.1% | -10.3% | ||
| Q1 25 | -2.0% | -6.9% | ||
| Q4 24 | 1.3% | -6.7% | ||
| Q3 24 | 2.4% | -4.8% | ||
| Q2 24 | 0.0% | -18.5% |
净利率GDYNSHEN
| Q1 26 | -1.4% | — | ||
| Q4 25 | 0.3% | -5.9% | ||
| Q3 25 | 1.1% | -10.5% | ||
| Q2 25 | 5.2% | -10.2% | ||
| Q1 25 | 2.9% | -10.4% | ||
| Q4 24 | 4.5% | -3.2% | ||
| Q3 24 | 4.9% | -6.0% | ||
| Q2 24 | -1.0% | -15.0% |
每股收益（稀释后）GDYNSHEN
| Q1 26 | $-0.02 | — | ||
| Q4 25 | $0.01 | $-0.13 | ||
| Q3 25 | $0.01 | $-0.20 | ||
| Q2 25 | $0.06 | $-0.19 | ||
| Q1 25 | $0.03 | $-0.19 | ||
| Q4 24 | $0.06 | $-0.34 | ||
| Q3 24 | $0.05 | $-0.13 | ||
| Q2 24 | $-0.01 | $-0.24 |
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 | $27.3M |
| 总债务越低越好 | — | $642.4M |
| 股东权益账面价值 | $530.1M | $880.8M |
| 总资产 | $605.0M | $1.9B |
| 负债/权益比越低杠杆越低 | — | 0.73× |
8季度趋势，按日历期对齐
现金及短期投资GDYNSHEN
| Q1 26 | $327.5M | — | ||
| Q4 25 | $342.1M | $27.3M | ||
| Q3 25 | $338.6M | $22.6M | ||
| Q2 25 | $336.8M | $29.1M | ||
| Q1 25 | $325.5M | $87.5M | ||
| Q4 24 | $334.7M | $46.3M | ||
| Q3 24 | $231.3M | $43.1M | ||
| Q2 24 | $256.0M | $43.8M |
总债务GDYNSHEN
| Q1 26 | — | — | ||
| Q4 25 | — | $642.4M | ||
| Q3 25 | — | $535.4M | ||
| Q2 25 | — | $513.1M | ||
| Q1 25 | — | $515.8M | ||
| Q4 24 | — | $418.0M | ||
| Q3 24 | — | $345.2M | ||
| Q2 24 | — | $297.4M |
股东权益GDYNSHEN
| Q1 26 | $530.1M | — | ||
| Q4 25 | $542.1M | $880.8M | ||
| Q3 25 | $537.7M | $892.7M | ||
| Q2 25 | $532.2M | $902.0M | ||
| Q1 25 | $517.4M | $910.5M | ||
| Q4 24 | $517.8M | $918.6M | ||
| Q3 24 | $400.2M | $925.4M | ||
| Q2 24 | $388.4M | $933.1M |
总资产GDYNSHEN
| Q1 26 | $605.0M | — | ||
| Q4 25 | $612.9M | $1.9B | ||
| Q3 25 | $613.2M | $1.9B | ||
| Q2 25 | $608.9M | $1.8B | ||
| Q1 25 | $590.9M | $1.8B | ||
| Q4 24 | $592.2M | $1.7B | ||
| Q3 24 | $477.3M | $1.7B | ||
| Q2 24 | $443.6M | $1.7B |
负债/权益比GDYNSHEN
| Q1 26 | — | — | ||
| Q4 25 | — | 0.73× | ||
| Q3 25 | — | 0.60× | ||
| Q2 25 | — | 0.57× | ||
| Q1 25 | — | 0.57× | ||
| Q4 24 | — | 0.46× | ||
| Q3 24 | — | 0.37× | ||
| Q2 24 | — | 0.32× |
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 | — | $28.8M |
| 自由现金流经营现金流 - 资本支出 | — | $-78.6M |
| 自由现金流率自由现金流/营收 | — | -85.8% |
| 资本支出强度资本支出/营收 | — | 117.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | — | $-257.9M |
8季度趋势，按日历期对齐
经营现金流GDYNSHEN
| Q1 26 | — | — | ||
| Q4 25 | $9.9M | $28.8M | ||
| Q3 25 | $7.0M | $30.7M | ||
| Q2 25 | $14.4M | $20.9M | ||
| Q1 25 | $9.4M | $20.5M | ||
| Q4 24 | $7.1M | $20.6M | ||
| Q3 24 | $9.2M | $24.3M | ||
| Q2 24 | $10.7M | $2.5M |
自由现金流GDYNSHEN
| Q1 26 | — | — | ||
| Q4 25 | $6.1M | $-78.6M | ||
| Q3 25 | $2.9M | $-51.4M | ||
| Q2 25 | $10.2M | $-65.3M | ||
| Q1 25 | $6.0M | $-62.7M | ||
| Q4 24 | $4.4M | $-72.0M | ||
| Q3 24 | $5.9M | $-51.3M | ||
| Q2 24 | $8.0M | $-78.3M |
自由现金流率GDYNSHEN
| Q1 26 | — | — | ||
| Q4 25 | 5.7% | -85.8% | ||
| Q3 25 | 2.8% | -57.2% | ||
| Q2 25 | 10.1% | -73.7% | ||
| Q1 25 | 6.0% | -71.3% | ||
| Q4 24 | 4.4% | -84.3% | ||
| Q3 24 | 6.8% | -58.5% | ||
| Q2 24 | 9.7% | -91.3% |
资本支出强度GDYNSHEN
| Q1 26 | — | — | ||
| Q4 25 | 3.6% | 117.2% | ||
| Q3 25 | 3.9% | 91.4% | ||
| Q2 25 | 4.1% | 97.3% | ||
| Q1 25 | 3.3% | 94.7% | ||
| Q4 24 | 2.6% | 108.4% | ||
| Q3 24 | 3.7% | 86.2% | ||
| Q2 24 | 3.2% | 94.2% |
现金转化率GDYNSHEN
| 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 | — | — |
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
SHEN
| Residential And SMB Incumbent Broadband | $41.5M | 45% |
| Residential And SMB Glo Fiber Expansion Markets | $23.0M | 25% |
| Commercial Fiber | $20.3M | 22% |
| RLEC Other | $6.8M | 7% |
