Grid Dynamics Holdings (GDYN) Tax Rate (2019 - 2026)
Grid Dynamics Holdings' Tax Rate came in at 36.10% for Q2 2026, up 8.32 percentage points from 27.78% a year earlier.
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Analysis
Grid Dynamics Holdings (GDYN) Tax Rate (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Grid Dynamics Holdings reported Tax Rate of 71.25%, up 51.76 percentage points year-over-year; for FY2025, it came in at 38.42%, down 25.02 percentage points from FY2024.
- Going back by year, Tax Rate was 63.45% in FY2024 (-73.04 pp) and 136.48% in FY2023.
- The five-year range for quarterly Tax Rate is 21.06% (Q4 2024) to 130.20% (Q2 2024).
- Year-over-year, Tax Rate increased in three of the last five quarters, with an average year-over-year change of -8.66 percentage points.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 51.06 Bn | 16.35 Bn | 1.60 Bn | 29.15% |
| 2 | Cognizant Technology Solutions | 29.12 Bn | 23.09 Bn | 1.91 Bn | 27.46% |
| 3 | Cdw | 21.17 Bn | 18.07 Bn | 1.39 Bn | 26.92% |
| 4 | Td Synnex | 18.55 Bn | 12.71 Bn | 1.43 Bn | 25.04% |
| 5 | Cgi | 18.36 Bn | 16.16 Bn | - | 26.62% |
| 6 | Arrow Electronics | 9.82 Bn | 8.84 Bn | 1.16 Bn | 19.09% |
| 7 | EPAM Systems | 8.35 Bn | 4.26 Bn | 445.94 Mn | 26.10% |
| 8 | Avnet | 7.00 Bn | 6.12 Bn | 1.07 Bn | 24.07% |
| 9 | ExlService Holdings | 6.69 Bn | 5.49 Bn | 241.14 Mn | 20.70% |
| 10 | Grid Dynamics Holdings | 1.13 Bn | -142.98 Mn | 46.08 Mn | 45.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 45.81% |
| Jun 30, 2026 | 36.10% |
| Dec 31, 2025 | 89.10% |
| Sep 30, 2025 | 62.31% |
| Jun 30, 2025 | 27.78% |
| Dec 31, 2024 | 21.06% |
| Sep 30, 2024 | 23.56% |
| Jun 30, 2024 | 130.20% |
| Sep 30, 2023 | 79.53% |
| Jun 30, 2023 | 39.50% |
| Sep 30, 2021 | 126.34% |
| Jun 30, 2021 | 214.56% |
| Dec 31, 2019 | 49.12% |
| Sep 30, 2019 | 18.98% |
| Jun 30, 2019 | 28.08% |
| Mar 31, 2019 | 20.62% |
API Access
Grid Dynamics Holdings Tax Rate 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-rate&ticker=GDYN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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-rate&ticker=GDYN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();