Grid Dynamics Holdings (GDYN) Tax Provisions (2018 - 2026)
Grid Dynamics Holdings' (GDYN) quarterly Tax Provisions came in at $1.0 million in Q1 2026, up 350.0% year-on-year from $222222.2 in Q1 2025, and down 60.03% quarter-over-quarter from $2.5 million in Q4 2025.
Grid Dynamics Holdings (GDYN) Tax Provisions (2018 - 2026) Analysis & Trends
Grid Dynamics Holdings has disclosed Tax Provisions across 9 years of filings, most recently posting $1.0 million for Q1 2026.
- Tax Provisions for Q1 2026 came in at $1.0 million, up 350.0% year-over-year; the trailing twelve-month figure through Mar 2026 was $7.4 million (up 31.38% YoY), and the FY2025 annual result was $6.0 million, down 13.99% from the prior year.
- Tax Provisions came in at $1.0 million for Q1 2026 at Grid Dynamics Holdings, down 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.
- The 5-year median for Tax Provisions is $1.7 million (2022), against an average of $1.7 million.
- Across the five-year window, Tax Provisions soared 371.25% in 2022 and tumbled 191.85% in 2023, its largest moves.
- Grid Dynamics Holdings' Tax Provisions stood at $1.5 million in 2022, then tumbled by 191.85% to -$1.4 million in 2023, then surged by 186.9% to $1.2 million in 2024, then jumped by 106.1% to $2.5 million in 2025, then sank by 60.03% to $1.0 million in 2026.
- The last three Tax Provisions figures came in at $1.0 million (Q1 2026), $2.5 million (Q4 2025), and $1.9 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 248.00 Mn |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 172.00 Mn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | - |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 597.27 Mn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 208.00 Mn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 106.00 Mn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 64.30 Mn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 83.60 Mn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 94.00 Mn |
| 10 | Grid Dynamics Holdings | 554.65 Mn | 227.19 Mn | 36.23 Mn | 1.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.00 Mn |
| Dec 31, 2025 | 2.50 Mn |
| Sep 30, 2025 | 1.90 Mn |
| Jun 30, 2025 | 2.00 Mn |
| Mar 31, 2025 | -400,000.00 |
| 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 | 2.60 Mn |
| Jun 30, 2023 | 1.70 Mn |
| Mar 31, 2023 | 3.66 Mn |
| Dec 31, 2022 | 1.52 Mn |
| Sep 30, 2022 | 3.40 Mn |
| Jun 30, 2022 | 1.71 Mn |
| Mar 31, 2022 | 2.17 Mn |
| Dec 31, 2021 | 548,000.00 |
| Sep 30, 2021 | 2.60 Mn |
| Jun 30, 2021 | 2.80 Mn |