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Grid Dynamics Holdings vs Rimini Street

Grid Dynamics Holdings and Rimini Street are similar in size: $412m and $422m of revenue in their latest fiscal years. Grid Dynamics Holdings grew faster (17.5% against -1.7%). Rimini Street kept more of each dollar of sales as profit: a net margin of 8.8% against 2.3%.

Latest fiscal yearGrid Dynamics HoldingsGDYN, 2025Rimini StreetRMNI, 2025
Revenue $412m $422m
Revenue growth 17.5% -1.7%
Net income $9.7m $37.1m
Operating margin — 14.2%
Net margin 2.3% 8.8%
Return on equity 1.8% —
Free cash flow $25.3m $55.6m
Cash $342m $120m
Total debt $0 $67.2m
Debt to equity — —
Dividend per share — —
Dividend yield — —
Share buybacks $2.0m $7.6m
Employees 4,961 —
Market value $1.07bn $447m
Price vs our value range — —
Moat score 30 (Weak) 40 (Weak)
Insider trades, 12 months 0 buys, 23 sales 0 buys, 53 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.