EPAM Systems (EPAM) EBITDA (2011 - 2026)
EPAM Systems (EPAM) posted quarterly EBITDA of $116.8 million for Q1 2026, up 17.56% year-over-year from $99.3 million in Q1 2025, and down 21.77% quarter-over-quarter from $149.3 million in Q4 2025.
EPAM Systems (EPAM) EBITDA (2011 - 2026) Analysis & Trends
EPAM Systems (EPAM) has reported EBITDA for 16 consecutive years, with $116.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA rose 17.56% year-over-year to $116.8 million; the TTM figure through Mar 2026 stood at $537.4 million (up 0.76% YoY), while the FY2025 annual figure was $520.0 million, down 4.51% from the prior year.
- EBITDA declined to $116.8 million in Q1 2026 per EPAM's latest filing, from $149.3 million in the prior quarter.
- Across five years, EBITDA topped out at $180.2 million in Q3 2022 and bottomed at $93.0 million in Q2 2022.
- Historically, EBITDA has averaged $132.7 million across 5 years, with a median of $126.5 million in 2025.
- Annual changes were most pronounced in 2023 — EBITDA tumbled 36.73% — and 2024, when it jumped 55.21%.
- EPAM Systems' EBITDA stood at $170.5 million in 2022, then slipped by 28.15% to $122.5 million in 2023, then grew by 11.44% to $136.5 million in 2024, then increased by 9.33% to $149.3 million in 2025, then declined by 21.77% to $116.8 million in 2026.
- Business Quant data shows EPAM's EBITDA at $116.8 million in Q1 2026, $149.3 million in Q4 2025, and $144.9 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn | 2.62 Bn |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn | 3.18 Bn |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn | 13.53 Bn |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - | 480.36 Mn |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn | 874.00 Mn |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn | 507.00 Mn |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn | 546.30 Mn |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn | 414.12 Mn |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn | 514.00 Mn |
| 10 | EPAM Systems | 5.55 Bn | 4.76 Bn | 429.57 Mn | 152.22 Mn |
Historic Data
Download 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 |