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| Date | Value |
|---|---|
| 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 |