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
DateValue
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