Grid Dynamics Holdings, Inc. (GDYN) vs OneSpan Inc. (OSPN)
A side-by-side comparison of Grid Dynamics Holdings, Inc. and OneSpan Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.
GDYN
Grid Dynamics Holdings, Inc.
$7.73TechnologyDelayed quote: Oct 6, 2026, 12:25 PM EDT
OSPN
OneSpan Inc.
$18.59TechnologyDelayed quote: Oct 6, 2026, 12:25 PM EDT
Total return — GDYN vs OSPN
growth of $100 · dividends reinvested · last 8yGDYN -17.5% (-2.4%/yr)OSPN +15.2% (+1.8%/yr)OSPN compounded faster over this window
GDYN OSPN
GDYN vs OSPN: by the numbers
- •OSPN is the larger company ($689M vs $627M market cap).
- •OSPN trades at the lower trailing earnings multiple (10.44 vs 284.19 P/E), one valuation lens rather than an overall verdict.
- •OSPN converts more revenue to profit (27.76% vs 0.68% net margin).
- •GDYN grew revenue faster over the past five years (24.16% vs 3.50% CAGR).
- •OSPN pays a dividend (2.74% yield), while GDYN has no payments in the available dividend history.
Metrics side by side
Valuation
| Metric | GDYN | OSPN |
|---|---|---|
| P/E ratio | 284.19 | 10.44 |
| Forward P/E | N/A | 14.94 |
| P/S ratio | 1.48 | 2.80 |
| P/B ratio | 1.21 | 2.52 |
| EV / EBITDA | 14.38 | 10.80 |
| FCF yield | 2.55% | 5.66% |
Profitability
| Metric | GDYN | OSPN |
|---|---|---|
| Gross margin | 34.72% | 70.56% |
| Operating margin | -0.44% | 18.76% |
| Net margin | 0.68% | 27.76% |
| ROE | 0.55% | 25.01% |
| ROIC | -0.19% | 15.90% |
Dividends
| Metric | GDYN | OSPN |
|---|---|---|
| Dividend yield | N/A | 2.74% |
| Payout ratio | N/A | 28.65% |
Growth (annualized)
| Metric | GDYN | OSPN |
|---|---|---|
| Revenue CAGR (5Y) | 24.16% | 3.50% |
| FCF CAGR (5Y) | 8.96% | 32.45% |
| Total return CAGR (5Y) | -23.01% | 0.74% |
Frequently asked
- Which has the lower trailing P/E, GDYN or OSPN?
- OSPN has the lower trailing P/E: GDYN trades at 284.19 and OSPN at 10.44. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, GDYN or OSPN?
- Over the past five years, GDYN grew revenue faster — GDYN at a 24.16% CAGR versus OSPN at 3.50%.
- Does GDYN or OSPN pay a bigger dividend?
- OSPN pays a dividend (2.74% yield), while GDYN has no payments in the available dividend history.
- Is GDYN or OSPN more profitable?
- OSPN runs the higher net margin — GDYN at 0.68% versus OSPN at 27.76%.
- How have GDYN and OSPN total returns compared?
- Over the past 5 years, GDYN delivered -23.01% and OSPN delivered 0.74% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Grid Dynamics P/E ratioOneSpan P/E ratioOneSpan dividend yieldGrid Dynamics ROEOneSpan ROEGrid Dynamics operating marginOneSpan operating marginGrid Dynamics revenue growthOneSpan revenue growthGrid Dynamics free cash flowOneSpan free cash flow
Grid Dynamics & OneSpan appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.