Grid Dynamics Holdings (GDYN) Tax Provisions (2019 - 2026)
Grid Dynamics Holdings' Tax Provisions came in at $1.61 million for Q2 2026, down 20.6% from $2.03 million a year earlier but up 56.0% from the prior quarter.
Grid Dynamics Holdings (GDYN) Tax Provisions (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Grid Dynamics Holdings reported Tax Provisions of $7.09 million, up 72.2% year-over-year; for FY2025, it was $6.03 million, down 14.0% from FY2024.
- Going back by year, Tax Provisions was $7.01 million in FY2024 (+6.2%), $6.6 million in FY2023 (-24.6%), $8.76 million in FY2022 (+66.9%) and $5.25 million in FY2021.
- The five-year range for quarterly Tax Provisions is -$1.4 million (Q4 2023) to $3.7 million (Q1 2023).
- Year-over-year, Tax Provisions increased in two of the last five quarters, with growth averaging 8.2%.
- The fastest year-over-year change in Tax Provisions over five years came in Q4 2022 (growth of 177.6%), and the weakest in Q1 2024 (a decline of 74.8%).
- Business Quant data shows GDYN's Tax Provisions at $1.03 million (Q1 2026), $2.5 million (Q4 2025) and $1.95 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 52.40 Bn | 38.90 Bn | 1.60 Bn | 343.00 Mn |
| 2 | Cognizant Technology Solutions | 32.46 Bn | 25.62 Bn | 1.83 Bn | 231.00 Mn |
| 3 | Wipro | 22.47 Bn | 17.61 Bn | 745.00 Mn | -105.00 Mn |
| 4 | Cdw | 20.15 Bn | 18.14 Bn | 1.32 Bn | 99.00 Mn |
| 5 | Td Synnex | 19.94 Bn | 14.10 Bn | 1.43 Bn | 139.01 Mn |
| 6 | Cgi | 17.74 Bn | 15.53 Bn | - | 121.97 Mn |
| 7 | Arrow Electronics | 11.21 Bn | 10.16 Bn | 1.13 Bn | 80.31 Mn |
| 8 | Avnet | 7.65 Bn | 6.83 Bn | 865.03 Mn | 33.58 Mn |
| 9 | EPAM Systems | 7.01 Bn | 2.65 Bn | 429.57 Mn | 37.57 Mn |
| 10 | Grid Dynamics Holdings | 687.89 Mn | -618.62 Mn | 39.62 Mn | 1.61 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.61 Mn |
| Mar 31, 2026 | 1.03 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 | 3.52 Mn |
| Mar 31, 2024 | 931,000.00 |
| Dec 31, 2023 | -1.40 Mn |
| Sep 30, 2023 | 2.63 Mn |
| Jun 30, 2023 | 1.72 Mn |
| Mar 31, 2023 | 3.70 Mn |
| Dec 31, 2022 | 1.52 Mn |
| Sep 30, 2022 | 3.40 Mn |
| Jun 30, 2022 | 1.71 Mn |
| Mar 31, 2022 | 2.20 Mn |
| Dec 31, 2021 | 548,000.00 |
| Sep 30, 2021 | 2.63 Mn |
Grid Dynamics Holdings Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=GDYN&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "GDYN", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=GDYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();