EPAM Systems (EPAM) Cost of Revenue (2011 - 2026)
EPAM Systems (EPAM) reported Cost of Revenue of $985.2 million for Q2 2026, up 2.2% from $964.01 million a year earlier but down 2.7% from the prior quarter.
EPAM Systems (EPAM) Cost of Revenue (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, EPAM Systems' Cost of Revenue came in at $3.96 billion, up 11.7% year-over-year; for FY2025, it came in at $3.88 billion, up 18.5% from FY2024.
- Cost of Revenue has a five-year compound annual growth rate of 17.5% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $3.28 billion in FY2024 (+0.6%), $3.26 billion in FY2023 (-0.9%), $3.29 billion in FY2022 (+32.3%) and $2.48 billion in FY2021 (+43.4%).
- Five-year quarterly Cost of Revenue spans a low of $653.37 million in Q3 2021 and a high of $1.01 billion in Q1 2026.
- Year over year, Cost of Revenue has now increased in each of the last seven quarters, with growth averaging 11.1% over the last eight quarters.
- The high point for year-over-year Cost of Revenue in five years was Q4 2021 (growth of 56.1%); the low point was Q2 2023 (a decline of 4.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $1.01 billion (Q1 2026), $984.35 million (Q4 2025) and $983.17 million (Q3 2025).
Peer Comparison
EPAM Systems Cost of Revenue 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=cost-of-revenue&ticker=EPAM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "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=cost-of-revenue&ticker=EPAM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();