Grid Dynamics Holdings (GDYN) Tax Provisions (2018 - 2026)

Grid Dynamics Holdings (GDYN) reported Tax Provisions of $1.0 million for Q1 2026, up 325.73% on a YoY basis from $234888.7 in Q1 2025, and down 60.03% sequentially from $2.5 million in Q4 2025.

Grid Dynamics Holdings (GDYN) Tax Provisions (2018 - 2026) Analysis & Trends

Grid Dynamics Holdings (GDYN) has 9 years of Tax Provisions data on file, last reported at $1.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Tax Provisions rose 325.73% year-over-year to $1.0 million; the trailing twelve-month figure through Mar 2026 stood at $7.5 million (up 33.71% YoY), and the FY2025 full-year result was $6.0 million, down 13.99% from the prior year.
  • Tax Provisions retreated to $1.0 million in Q1 2026, from $2.5 million in the prior quarter.
  • In the past five years, Tax Provisions ranged from a high of $3.7 million in Q1 2023 to a low of -$1.4 million in Q4 2023.
  • A 5-year average of $1.7 million and a median of $1.7 million in 2022 frame the typical range for Tax Provisions.
  • Across the five-year window, Tax Provisions soared 371.25% in 2022 and plunged 189.49% in 2023, its largest moves.
  • Tracing GDYN's Tax Provisions over 5 years: stood at $1.6 million in 2022, then plunged by 189.49% to -$1.4 million in 2023, then jumped by 186.9% to $1.2 million in 2024, then soared by 106.1% to $2.5 million in 2025, then slumped by 60.03% to $1.0 million in 2026.
  • Business Quant data shows GDYN's Tax Provisions at $1.0 million in Q1 2026, $2.5 million in Q4 2025, and $1.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 313.00 Mn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 761.94 Mn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -15.76 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 343.00 Mn
5 Cgi 41.25 Bn 40.60 Bn - 126.12 Mn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 106.00 Mn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 208.00 Mn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn -103.00 Mn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 64.30 Mn
10 Grid Dynamics Holdings 475.05 Mn 147.59 Mn 36.23 Mn 1.00 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 1.00 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 3.50 Mn
Mar 31, 2024 900,000.00
Dec 31, 2023 -1.40 Mn
Sep 30, 2023 2.63 Mn
Jun 30, 2023 1.70 Mn
Mar 31, 2023 3.70 Mn
Dec 31, 2022 1.56 Mn
Sep 30, 2022 3.36 Mn
Jun 30, 2022 1.70 Mn
Mar 31, 2022 2.17 Mn
Dec 31, 2021 593,000.00
Sep 30, 2021 2.60 Mn
Jun 30, 2021 2.80 Mn