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Grid Dynamics Holdings, Inc. GDYN Effective Income Tax Rate Reconciliation, Tax Credit, Percent

Effective Income Tax Rate Reconciliation, Tax Credit, Percent at other companies

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Kyndryl HoldingsKD
13.1%+7.8pp

Other financials

Income statement

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Revenue$104.1M+3.7%
Gross profit$36.2M-2.1%
Operating income-$3.7M-80.7%
Net income-$1.5M-151%
EPS (diluted)-$0.02-167%

Balance sheet

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Cash & equivalents$327.5M+0.5%
Total debt$17.4M+50.4%
Total equity$530.1M+2.5%
Total assets$605.0M+2.4%

Cash flow

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Operating cash flow$8.4M-10.3%
CapEx$4.0M+18.6%
Free cash flow$4.4M-26.3%

Valuation

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Market cap$435.69M-55.2%
Enterprise value$125.64M-80.9%
P/E82.5×-6.8×
P/S1.1×-1.6×

Profitability

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Gross margin34.1%-2.7pp
Operating margin-1.3%-0.5pp
Net margin1.3%-1.7pp
FCF margin5.7%-0.9pp

Returns & leverage

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Return on equity1%-1.4pp
Debt / equity0.0×
Current ratio7.9×+0.6×

Where this comes from

Reported directly by Grid Dynamics Holdings, Inc. in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateReconciliationTaxCredits.

The official record: Grid Dynamics Holdings, Inc.’s 10-K, filed March 5, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Grid Dynamics Holdings, Inc.'s effective income tax rate reconciliation, tax credit, percent?
Grid Dynamics Holdings, Inc. (GDYN) reported effective income tax rate reconciliation, tax credit, percent of 30.6% in Q4 2024.
What does effective income tax rate reconciliation, tax credit, percent mean?
Represents the percentage impact of various tax credits on the company's effective income tax rate. These credits reduce the total tax liability and are a key indicator of the company's ability to leverage government incentives for research, development, or other qualifying activities.