Grid Dynamics Holdings (GDYN) Current Taxes (2018 - 2024)
Grid Dynamics Holdings (GDYN) posted Current Taxes of $13.2 million for Q3 2024, up 9.23% sequentially from $12.1 million in Q2 2024, and down 21.19% YoY from $16.7 million in Q4 2023.
Grid Dynamics Holdings (GDYN) Current Taxes (2018 - 2024) Analysis & Trends
Grid Dynamics Holdings has reported Current Taxes for 7 years, with the latest figure at $13.2 million in Q3 2024.
- Quarterly Current Taxes fell 21.19% year-over-year to $13.2 million in Q3 2024, while the trailing twelve-month figure through Sep 2024 was $13.2 million (down 21.19% YoY) and the FY2023 annual result came in at $8.8 million, down 17.63% from the prior year.
- Current Taxes climbed to $13.2 million in Q3 2024 per GDYN's latest filing, from $12.1 million in the prior quarter.
- Over five years, Current Taxes peaked at $16.7 million in Q3 2023 and troughed at $835000.0 in Q2 2020.
- A 5-year average of $6.7 million and a median of $5.1 million in 2022 frame the typical range for Current Taxes.
- The sharpest annual moves came in 2020 and 2024: Current Taxes soared 627.96% in 2020, then decreased 29.44% in 2024.
- Over 5 years, Current Taxes stood at $1.2 million in 2020, then soared by 58.65% to $2.0 million in 2021, then surged by 441.31% to $10.7 million in 2022, then slipped by 17.63% to $8.8 million in 2023, then surged by 49.42% to $13.2 million in 2024.
- According to Business Quant data, Current Taxes over the past three periods registered $13.2 million, $12.1 million, and $9.9 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Current Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 2.02 Bn |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 331.21 Mn |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | - |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | - |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | - |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | - |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | - |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | 597.00 Mn |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | - |
| 10 | Grid Dynamics Holdings | 650.04 Mn | 351.61 Mn | 39.62 Mn | - |
Historic Data
Download 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 |