Grid Dynamics Holdings (GDYN) Tax Rate (2018 - 2026)

Grid Dynamics Holdings (GDYN) has 9 years of Tax Rate data on file, last reported at 227.27% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 20933.0% year-over-year to 227.27%; the trailing twelve-month figure through Mar 2026 stood at 58.44% (up 2464.0% YoY), and the FY2025 full-year result was 38.42%, down 2502.0% from the prior year.
• Tax Rate fell to 227.27% in Q1 2026, from 89.1% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 129.39% in Q2 2024 to a low of 436.62% in Q1 2022.
• A 5-year average of 33.25% and a median of 14.81% in 2022 frame the typical range for Tax Rate.
• Across the five-year window, Tax Rate plunged 46491 bps in 2022 and soared 35077 bps in 2023, its largest moves.
• Tracing GDYN's Tax Rate over 5 years: stood at 30.13% in 2022, then sank by 208 bps to 92.89% in 2023, then soared by 123 bps to 21.06% in 2024, then jumped by 323 bps to 89.1% in 2025, then plunged by 355 bps to 227.27% in 2026.
• Business Quant data shows GDYN's Tax Rate at 227.27% in Q1 2026, 89.1% in Q4 2025, and 62.31% in Q3 2025.