Grid Dynamics Holdings (GDYN) Tax Provisions (2018 - 2026)
Grid Dynamics Holdings (GDYN) posted Tax Provisions of $1.6 million for Q2 2026, up 55.95% sequentially from $1.0 million in Q1 2026, and down 20.56% YoY from $2.0 million in Q2 2025.
Grid Dynamics Holdings (GDYN) Tax Provisions (2018 - 2026) Analysis & Trends
Grid Dynamics Holdings has reported Tax Provisions for 9 years, with the latest figure at $1.6 million in Q2 2026.
- Quarterly Tax Provisions fell 20.56% year-over-year to $1.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $7.1 million (up 72.18% YoY) and the FY2025 annual result came in at $6.0 million, down 13.99% from the prior year.
- Tax Provisions climbed to $1.6 million in Q2 2026 per GDYN's latest filing, from $1.0 million in the prior quarter.
- Over five years, Tax Provisions peaked at $3.7 million in Q1 2023 and troughed at -$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.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions jumped 375.0% in 2022, then sank 191.91% in 2023.
- Over 5 years, Tax Provisions stood at $1.5 million in 2022, then slumped by 191.91% to -$1.4 million in 2023, then jumped by 186.84% to $1.2 million in 2024, then soared by 106.1% to $2.5 million in 2025, then plunged by 35.61% to $1.6 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $1.6 million, $1.0 million, and $2.5 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 313.00 Mn |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 761.94 Mn |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 343.00 Mn |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | 121.97 Mn |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 231.00 Mn |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 63.00 Mn |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 123.90 Mn |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | -103.00 Mn |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 95.00 Mn |
| 10 | Grid Dynamics Holdings | 650.04 Mn | 351.61 Mn | 39.62 Mn | 1.61 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.61 Mn |
| 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 |