EPAM Systems (EPAM) EBITDA (2011 - 2026)
EPAM Systems' (EPAM) quarterly EBITDA came in at $152.2 million in Q2 2026, up 20.36% year-over-year from $126.5 million in Q2 2025, and up 30.36% quarter-over-quarter from $116.8 million in Q1 2026.
Analysis
EPAM Systems (EPAM) EBITDA (2011 - 2026) Analysis & Trends
EPAM Systems (EPAM) has reported EBITDA for 16 consecutive years, with $152.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, EBITDA rose 20.36% year-over-year to $152.2 million in Q2 2026; TTM through Jun 2026 was $563.2 million, a 4.43% increase from a year earlier, with the FY2025 full-year figure at $573.1 million, down 5.11% from the prior year.
- EBITDA was $152.2 million for Q2 2026 at EPAM Systems, up from $116.8 million in the prior quarter.
- Over five years, EBITDA peaked at $180.2 million in Q3 2022 and troughed at $93.0 million in Q2 2022.
- A 5-year average of $133.8 million and a median of $127.9 million in 2022 frame the typical range for EBITDA.
- Across the five-year window, EBITDA plunged 36.73% in 2023 and soared 55.21% in 2024, its largest moves.
- Over 5 years, EBITDA stood at $170.5 million in 2022, then retreated by 28.15% to $122.5 million in 2023, then advanced by 11.44% to $136.5 million in 2024, then climbed by 9.33% to $149.3 million in 2025, then gained by 1.99% to $152.2 million in 2026.
- The last three EBITDA figures came in at $152.2 million (Q2 2026), $116.8 million (Q1 2026), and $149.3 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.95 Bn | 44.95 Bn | 1.60 Bn | 1.07 Bn |
| 2 | Cognizant Technology Solutions | 27.19 Bn | 26.14 Bn | 1.83 Bn | 874.00 Mn |
| 3 | Cgi | 15.35 Bn | 14.77 Bn | - | 480.36 Mn |
| 4 | EPAM Systems | 6.01 Bn | 5.22 Bn | 429.57 Mn | 152.22 Mn |
| 5 | Science Applications International | 5.35 Bn | 5.22 Bn | 239.00 Mn | 152.00 Mn |
| 6 | ExlService Holdings | 5.33 Bn | 5.05 Bn | 225.96 Mn | 87.30 Mn |
| 7 | Kyndryl Holdings | 2.86 Bn | 746.87 Mn | 776.00 Mn | 146.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 1,520.00 |
| 9 | Innodata | 1.84 Bn | 1.59 Bn | 42.46 Mn | 15.86 Mn |
| 10 | DXC Technology | 1.79 Bn | -211.80 Mn | 611.00 Mn | -2.15 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 152.22 Mn |
| Mar 31, 2026 | 116.77 Mn |
| Dec 31, 2025 | 149.25 Mn |
| Sep 30, 2025 | 144.94 Mn |
| Jun 30, 2025 | 126.48 Mn |
| Mar 31, 2025 | 99.33 Mn |
| Dec 31, 2024 | 136.51 Mn |
| Sep 30, 2024 | 176.98 Mn |
| Jun 30, 2024 | 120.56 Mn |
| Mar 31, 2024 | 110.53 Mn |
| Dec 31, 2023 | 122.49 Mn |
| Sep 30, 2023 | 114.03 Mn |
| Jun 30, 2023 | 144.35 Mn |
| Mar 31, 2023 | 120.37 Mn |
| Dec 31, 2022 | 170.48 Mn |
| Sep 30, 2022 | 180.23 Mn |
| Jun 30, 2022 | 93.02 Mn |
| Mar 31, 2022 | 129.24 Mn |
| Dec 31, 2021 | 165.67 Mn |
| Sep 30, 2021 | 144.12 Mn |