Mechanical properties of additively manufactured alloys are momentously affected by the fabrication defects, thus limiting their applications in extreme conditions. Here we report on a near fully dense 316L stainless steel via optimized laser processing parameters. The results reveal that the dynamic mechanical response exhibits much greater sensitivity to defects than the quasi-static one. The densest specimen (porosity < 0.01 %, 260W-316L) exhibits superior spall strength of 3.87 GPa and negligible damage fraction of 0.03 % at peak stress of 4.8 GPa, which are 12 % higher and 92 % smaller than those of 0.18 % porosity specimen (300W-316L). For both horizontal and vertical impacts, hardly any anisotropy of spall strength is observed in 260W-316L, demonstrating the crucial role of the pore defects on the dynamical behavior. Moreover, dislocation slip dominated spallation mechanisms have been observed in the additively manufactured 316L specimens, accompanied by a small amount of deformation twinning and martensitic transitions. This comprehensive understanding of the defect-dependent spallation behavior and deformation mechanisms provides valuable insights for optimizing the dynamic mechanical properties of additively manufactured metals and alloys.