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

Grid Dynamics Holdings has disclosed Tax Rate across 9 years of filings, most recently posting 227.27% for Q1 2026.

• Tax Rate for Q1 2026 came in at 227.27%, down 21107.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 57.86% (up 2380.0% YoY), and the FY2025 annual result was 38.42%, down 2502.0% from the prior year.
• Tax Rate came in at 227.27% for Q1 2026 at Grid Dynamics Holdings, down 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.
• The 5-year median for Tax Rate is 14.91% (2022), against an average of 33.28%.
• Across the five-year window, Tax Rate slumped 46491 bps in 2022 and surged 35170 bps in 2023, its largest moves.
• Grid Dynamics Holdings' Tax Rate stood at 29.36% in 2022, then slumped by 216 bps to 92.89% in 2023, then jumped by 123 bps to 21.06% in 2024, then surged by 323 bps to 89.1% in 2025, then tumbled by 355 bps to 227.27% in 2026.
• The last three Tax Rate figures came in at 227.27% (Q1 2026), 89.1% (Q4 2025), and 60.84% (Q3 2025), per Business Quant data.