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Grid Dynamics Holdings (GDYN) Deferred Taxes: 2018-2024

Historic Deferred Taxes for Grid Dynamics Holdings (GDYN) over the last 7 years, with Dec 2024 value amounting to -$4.0 million.

  • Grid Dynamics Holdings' Deferred Taxes rose 446.29% to $1.2 million in Q3 2025 from the same period last year, while for Sep 2025 it was -$2.7 million, marking a year-over-year increase of 15.66%. This contributed to the annual value of -$4.0 million for FY2024, which is 2.58% up from last year.
  • According to the latest figures from FY2024, Grid Dynamics Holdings' Deferred Taxes is -$4.0 million, which was up 2.58% from -$4.1 million recorded in FY2023.
  • In the past 5 years, Grid Dynamics Holdings' Deferred Taxes registered a high of $2.6 million during FY2021, and its lowest value of -$4.1 million during FY2023.
  • Its 3-year average for Deferred Taxes is -$3.9 million, with a median of -$4.0 million in 2024.
  • Per our database at Business Quant, Grid Dynamics Holdings' Deferred Taxes slumped by 872.94% in 2020 and then spiked by 163.14% in 2021.
  • Yearly analysis of 5 years shows Grid Dynamics Holdings' Deferred Taxes stood at -$4.1 million in 2020, then skyrocketed by 163.14% to $2.6 million in 2021, then plummeted by 239.14% to -$3.6 million in 2022, then dropped by 13.96% to -$4.1 million in 2023, then increased by 2.58% to -$4.0 million in 2024.