EPAM Systems (EPAM) Cost of Revenue (2011 - 2026)

EPAM Systems (EPAM) has reported Cost of Revenue for 16 consecutive years, with $1.0 billion the latest figure, recorded in Q1 2026.

• In Q1 2026, Cost of Revenue rose 6.31% year-over-year to $1.0 billion; the TTM figure through Mar 2026 stood at $3.9 billion (up 16.15% YoY), while the FY2025 annual figure was $3.9 billion, up 18.49% from the prior year.
• Cost of Revenue rose to $1.0 billion in Q1 2026 per EPAM's latest filing, from $984.3 million in the prior quarter.
• Across five years, Cost of Revenue topped out at $1.0 billion in Q1 2026 and bottomed at $764.0 million in Q3 2024.
• Historically, Cost of Revenue has averaged $865.7 million across 5 years, with a median of $834.3 million in 2024.
• Annual changes were most pronounced in 2022 — Cost of Revenue surged 50.36% — and 2023, when it dropped 4.44%.
• EPAM Systems' Cost of Revenue stood at $832.7 million in 2022, then decreased by 4.21% to $797.6 million in 2023, then gained by 8.86% to $868.3 million in 2024, then increased by 13.36% to $984.3 million in 2025, then advanced by 2.81% to $1.0 billion in 2026.
• Business Quant data shows EPAM's Cost of Revenue at $1.0 billion in Q1 2026, $984.3 million in Q4 2025, and $983.2 million in Q3 2025.