Grid Dynamics Holdings (GDYN) Current Taxes (2018 - 2024)
Grid Dynamics Holdings' Current Taxes came in at $13.19 million for Q3 2024, down 21.2% from $16.74 million a year earlier but up 9.2% from the prior quarter.
Grid Dynamics Holdings (GDYN) Current Taxes (2018 - 2024) Analysis & Trends
At the end of FY2023, Grid Dynamics Holdings' Current Taxes was $8.83 million, down 17.6% from FY2022.
- Current Taxes carries a five-year compound annual growth rate of 109.8% (FY2018 to FY2023).
- Going back by year, Current Taxes was $10.72 million in FY2022 (+441.3%), $1.98 million in FY2021 (+58.7%), $1.25 million in FY2020 (+43.6%) and $869,000 in FY2019 (+299.8%).
- The five-year range for quarterly Current Taxes is $835,000 (Q2 2020) to $16.74 million (Q3 2023).
- Year-over-year, Current Taxes has declined for four consecutive quarters, with growth averaging 114.4% over the last eight quarters.
- The fastest year-over-year change in Current Taxes over five years came in Q3 2020 (growth of 628.0%), and the weakest in Q1 2024 (a decline of 29.4%).
- Business Quant data shows GDYN's Current Taxes at $12.08 million (Q2 2024), $9.9 million (Q1 2024) and $8.83 million (Q4 2023) in the three quarters before Q3 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 42.66 Bn | 42.72 Bn | 1.60 Bn | 732.00 Mn |
| 2 | Cognizant Technology Solutions | 25.65 Bn | 18.82 Bn | 1.83 Bn | - |
| 3 | Td Synnex | 20.51 Bn | 14.54 Bn | 1.34 Bn | - |
| 4 | Cdw | 16.33 Bn | 14.32 Bn | 1.32 Bn | - |
| 5 | Cgi | 15.07 Bn | 12.85 Bn | - | 6.35 Mn |
| 6 | Arrow Electronics | 11.72 Bn | 10.75 Bn | 1.13 Bn | - |
| 7 | Avnet | 8.33 Bn | 7.51 Bn | 865.03 Mn | 31.54 Mn |
| 8 | Ingram Micro Holding | 6.23 Bn | 1.84 Bn | 958.68 Mn | - |
| 9 | EPAM Systems | 5.55 Bn | 1.19 Bn | 429.57 Mn | 19.09 Mn |
| 10 | Grid Dynamics Holdings | 615.35 Mn | -691.16 Mn | 39.62 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 13.19 Mn |
| Jun 30, 2024 | 12.08 Mn |
| Mar 31, 2024 | 9.90 Mn |
| Dec 31, 2023 | 8.83 Mn |
| Sep 30, 2023 | 16.74 Mn |
| Jun 30, 2023 | 14.22 Mn |
| Mar 31, 2023 | 14.02 Mn |
| Dec 31, 2022 | 10.72 Mn |
| Sep 30, 2022 | 7.80 Mn |
| Jun 30, 2022 | 5.06 Mn |
| Mar 31, 2022 | 3.88 Mn |
| Dec 31, 2021 | 1.98 Mn |
| Sep 30, 2021 | 2.30 Mn |
| Jun 30, 2021 | 1.83 Mn |
| Mar 31, 2021 | 1.18 Mn |
| Dec 31, 2020 | 1.25 Mn |
| Sep 30, 2020 | 979,000.00 |
| Jun 30, 2020 | 835,000.00 |
| Mar 31, 2020 | 1.11 Mn |
| Dec 31, 2019 | 869,000.00 |
Grid Dynamics Holdings Current Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=current-taxes&ticker=GDYN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "current-taxes", "ticker": "GDYN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=current-taxes&ticker=GDYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();