Adeia vs Grid Dynamics Holdings
Adeia reported revenue of $443 million in fiscal 2025, about the same as Grid Dynamics Holdings' $412 million in fiscal 2025. Adeia's revenue grew 17.9% in its latest year, and Grid Dynamics Holdings' grew 17.5%. Adeia had an operating margin of 39.5%, against -0.5% at Grid Dynamics Holdings. Free cash flow was $156 million at Adeia and $25 million at Grid Dynamics Holdings.
Side by side
| Adeia | Grid Dynamics Holdings | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $443M | $412M |
| Revenue growth | 17.9% | 17.5% |
| Revenue growth a year, last 5 years | −3.0% | 29.9% |
| Gross margin | — | 34.6% |
| Operating margin | 39.5% | −0.5% |
| Net margin | 25.1% | 2.4% |
| Free cash flow | $156M | $25M |
| Free cash flow margin | 35.2% | 6.1% |
| Return on capital | 18.1% | — |
| Net debt to EBITDA | 1.2x | — |
| Dividends and buybacks | $43M | $2M |
| Change in diluted share count | −0.3% | 8.7% |
| Last close | $15.50 | $13.10 |
| P/E at the last close | 15.0× | 145.6× |
| Insider trades, last 12 months | sold $3.2 million | sold $1.1 million |
| Piotroski F-score | 8 of 8 | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
AdeiaGrid Dynamics Holdings
Operating margin
Percent of revenue
AdeiaGrid Dynamics Holdings
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
AdeiaGrid Dynamics Holdings
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Adeia and Grid Dynamics Holdings pages.