EPAM Systems (EPAM) Capital Expenditures (2011 - 2026)
EPAM Systems (EPAM) recorded Capital Expenditures of $15.21 million in Q2 2026, up 54.8% from $9.83 million a year earlier but down 14.8% from the prior quarter.
EPAM Systems (EPAM) Capital Expenditures (2011 - 2026) Analysis & Trends
On a TTM basis, EPAM Systems' Capital Expenditures came in at $56.15 million as of Jun 30, 2026, up 40.9% year-over-year; for FY2025, it came in at $42.24 million, up 31.4% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of -9.3% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $32.15 million in FY2024 (+13.1%), $28.42 million in FY2023 (-65.2%), $81.63 million in FY2022 (-26.8%) and $111.5 million in FY2021 (+62.1%).
- Quarterly Capital Expenditures has ranged from $3.62 million in Q3 2023 to $56.62 million in Q4 2021 over the past five years.
- On a year-over-year basis, Capital Expenditures rose in seven of the last eight quarters, with growth averaging 56.1%.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 206.3% in Q4 2021, against a decline of 80.6% in Q3 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $17.86 million (Q1 2026), $14.78 million (Q4 2025) and $8.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.24 Bn | 36.74 Bn | 1.60 Bn | -81.00 Mn |
| 2 | Cognizant Technology Solutions | 31.12 Bn | 24.28 Bn | 1.83 Bn | 99.00 Mn |
| 3 | Wipro | 20.11 Bn | 14.81 Bn | 738.00 Mn | -35.69 Mn |
| 4 | Td Synnex | 19.66 Bn | 13.82 Bn | 1.43 Bn | 58.88 Mn |
| 5 | Cdw | 19.39 Bn | 17.38 Bn | 1.32 Bn | 27.50 Mn |
| 6 | Cgi | 16.87 Bn | 14.67 Bn | - | -20.01 Mn |
| 7 | Arrow Electronics | 11.10 Bn | 10.05 Bn | 1.13 Bn | 21.14 Mn |
| 8 | Avnet | 7.54 Bn | 6.72 Bn | 865.03 Mn | 16.76 Mn |
| 9 | EPAM Systems | 6.64 Bn | 2.28 Bn | 429.57 Mn | 15.21 Mn |
| 10 | Ingram Micro Holding | 6.19 Bn | 1.79 Bn | 958.68 Mn | 32.92 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.21 Mn |
| Mar 31, 2026 | 17.86 Mn |
| Dec 31, 2025 | 14.78 Mn |
| Sep 30, 2025 | 8.30 Mn |
| Jun 30, 2025 | 9.83 Mn |
| Mar 31, 2025 | 9.33 Mn |
| Dec 31, 2024 | 15.73 Mn |
| Sep 30, 2024 | 4.97 Mn |
| Jun 30, 2024 | 4.70 Mn |
| Mar 31, 2024 | 6.75 Mn |
| Dec 31, 2023 | 10.00 Mn |
| Sep 30, 2023 | 3.62 Mn |
| Jun 30, 2023 | 6.88 Mn |
| Mar 31, 2023 | 7.91 Mn |
| Dec 31, 2022 | 21.50 Mn |
| Sep 30, 2022 | 18.71 Mn |
| Jun 30, 2022 | 18.15 Mn |
| Mar 31, 2022 | 23.27 Mn |
| Dec 31, 2021 | 56.62 Mn |
| Sep 30, 2021 | 21.11 Mn |
EPAM Systems Capital Expenditures 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=capital-expenditures&ticker=EPAM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "EPAM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=EPAM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();