Grid Dynamics Holdings GDYN
NASDAQ GDYN
$7.88 +0.24 (+3.14%)
At close: Sep 30, 2026 · 4:00 PM EDT

Grid Dynamics Holdings (GDYN) Tax Provisions (2019 - 2026)

Updated

Grid Dynamics Holdings' Tax Provisions came in at $1.61 million for Q2 2026, down 20.6% from $2.03 million a year earlier but up 56.0% from the prior quarter.

Analysis

Grid Dynamics Holdings (GDYN) Tax Provisions (2019 - 2026) Analysis & Trends

Over the trailing twelve months to Jun 30, 2026, Grid Dynamics Holdings reported Tax Provisions of $7.09 million, up 72.2% year-over-year; for FY2025, it was $6.03 million, down 14.0% from FY2024.

  • Going back by year, Tax Provisions was $7.01 million in FY2024 (+6.2%), $6.6 million in FY2023 (-24.6%), $8.76 million in FY2022 (+66.9%) and $5.25 million in FY2021.
  • The five-year range for quarterly Tax Provisions is -$1.4 million (Q4 2023) to $3.7 million (Q1 2023).
  • Year-over-year, Tax Provisions increased in two of the last five quarters, with growth averaging 8.2%.
  • The fastest year-over-year change in Tax Provisions over five years came in Q4 2022 (growth of 177.6%), and the weakest in Q1 2024 (a decline of 74.8%).
  • Business Quant data shows GDYN's Tax Provisions at $1.03 million (Q1 2026), $2.5 million (Q4 2025) and $1.95 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Infosys 43.52 Bn 43.57 Bn 1.60 Bn 343.00 Mn
2 Cognizant Technology Solutions 25.96 Bn 19.13 Bn 1.83 Bn 231.00 Mn
3 Td Synnex 20.53 Bn 14.56 Bn 1.34 Bn 95.85 Mn
4 Cdw 16.06 Bn 14.05 Bn 1.32 Bn 99.00 Mn
5 Cgi 15.14 Bn 12.92 Bn - 121.97 Mn
6 Arrow Electronics 11.55 Bn 10.58 Bn 1.13 Bn 80.31 Mn
7 Avnet 8.20 Bn 7.38 Bn 865.03 Mn 33.58 Mn
8 Ingram Micro Holding 6.32 Bn 1.92 Bn 958.68 Mn 46.68 Mn
9 EPAM Systems 5.59 Bn 1.23 Bn 429.57 Mn 37.57 Mn
10 Grid Dynamics Holdings 638.86 Mn -667.64 Mn 39.62 Mn 1.61 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.61 Mn
Mar 31, 2026 1.03 Mn
Dec 31, 2025 2.50 Mn
Sep 30, 2025 1.95 Mn
Jun 30, 2025 2.03 Mn
Mar 31, 2025 -443,000.00
Dec 31, 2024 1.21 Mn
Sep 30, 2024 1.32 Mn
Jun 30, 2024 3.52 Mn
Mar 31, 2024 931,000.00
Dec 31, 2023 -1.40 Mn
Sep 30, 2023 2.63 Mn
Jun 30, 2023 1.72 Mn
Mar 31, 2023 3.70 Mn
Dec 31, 2022 1.52 Mn
Sep 30, 2022 3.40 Mn
Jun 30, 2022 1.71 Mn
Mar 31, 2022 2.20 Mn
Dec 31, 2021 548,000.00
Sep 30, 2021 2.63 Mn
API Access

Grid Dynamics Holdings Tax Provisions 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=tax-provisions&ticker=GDYN&period=max&api_key=YOUR_API_KEY