What is Grid Dynamics Holdings, Inc.'s state taxes?

Grid Dynamics Holdings, Inc. (GDYN) reported state taxes of $237K in Q4 2025.

What does state taxes mean?

This represents the actual cash outflow for state and local income taxes during the period, net of any refunds received. It reflects the cash impact of regional tax obligations on the company's liquidity. It is used to reconcile the difference between reported tax expense and actual cash payments.

Grid Dynamics Holdings, Inc. GDYN State taxes

State taxes at other companies

International Business MachinesIBM

$23M—

Kyndryl HoldingsKD

$1M—

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 / equity0×0.0×

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:IncomeTaxPaidStateAndLocalAfterRefundReceived.

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 state taxes?: Grid Dynamics Holdings, Inc. (GDYN) reported state taxes of $237K in Q4 2025.
What does state taxes mean?: This represents the actual cash outflow for state and local income taxes during the period, net of any refunds received. It reflects the cash impact of regional tax obligations on the company's liquidity. It is used to reconcile the difference between reported tax expense and actual cash payments.