EPAM Systems (EPAM) FCF Margin (2011 - 2026)
EPAM Systems' (EPAM) quarterly FCF Margin came in at 1.25% in Q2 2026, down 445.0% year-over-year from 0.36% in Q2 2025, and up 67.81% quarter-over-quarter from 3.87% in Q1 2026.
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EPAM Systems (EPAM) FCF Margin (2011 - 2026) Analysis & Trends
EPAM Systems (EPAM) has reported FCF Margin for 16 consecutive years, with 1.25% the latest figure, recorded in Q2 2026.
- On a quarterly basis, FCF Margin fell 445.0% year-over-year to 1.25% in Q2 2026; TTM through Jun 2026 was 8.59%, a 51.0% increase from a year earlier, with the FY2025 full-year figure at 11.23%, up 8.0% from the prior year.
- FCF Margin was 1.25% for Q2 2026 at EPAM Systems, up from 3.87% in the prior quarter.
- Over five years, FCF Margin peaked at 20.54% in Q3 2025 and troughed at 6.41% in Q1 2022.
- A 5-year average of 8.9% and a median of 8.1% in 2023 frame the typical range for FCF Margin.
- Across the five-year window, FCF Margin soared 1297 bps in 2023 and slumped 943 bps in 2025, its largest moves.
- Over 5 years, FCF Margin stood at 13.37% in 2022, then grew by 4 bps to 13.94% in 2023, then plunged by 34 bps to 9.17% in 2024, then surged by 108 bps to 19.05% in 2025, then slumped by 107 bps to 1.25% in 2026.
- The last three FCF Margin figures came in at 1.25% (Q2 2026), 3.87% (Q1 2026), and 19.05% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.95 Bn | 44.95 Bn | 1.60 Bn | 26.43% |
| 2 | Cognizant Technology Solutions | 27.19 Bn | 26.14 Bn | 1.83 Bn | 8.37% |
| 3 | Cgi | 15.35 Bn | 14.77 Bn | - | 15.08% |
| 4 | EPAM Systems | 6.01 Bn | 5.22 Bn | 429.57 Mn | -1.25% |
| 5 | Science Applications International | 5.35 Bn | 5.22 Bn | 239.00 Mn | 6.97% |
| 6 | ExlService Holdings | 5.33 Bn | 5.05 Bn | 225.96 Mn | 12.34% |
| 7 | Kyndryl Holdings | 2.86 Bn | 746.87 Mn | 776.00 Mn | -12.69% |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | - |
| 9 | Innodata | 1.84 Bn | 1.59 Bn | 42.46 Mn | 134.89% |
| 10 | DXC Technology | 1.79 Bn | -211.80 Mn | 611.00 Mn | 11.97% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -1.25% |
| Mar 31, 2026 | -3.87% |
| Dec 31, 2025 | 19.05% |
| Sep 30, 2025 | 20.54% |
| Jun 30, 2025 | 3.20% |
| Mar 31, 2025 | 1.14% |
| Dec 31, 2024 | 9.17% |
| Sep 30, 2024 | 20.30% |
| Jun 30, 2024 | 4.56% |
| Mar 31, 2024 | 10.57% |
| Dec 31, 2023 | 13.94% |
| Sep 30, 2023 | 18.34% |
| Jun 30, 2023 | 7.02% |
| Mar 31, 2023 | 6.56% |
| Dec 31, 2022 | 13.37% |
| Sep 30, 2022 | 19.04% |
| Jun 30, 2022 | 4.97% |
| Mar 31, 2022 | -6.41% |
| Dec 31, 2021 | 20.59% |
| Sep 30, 2021 | 18.71% |