EPAM Systems (EPAM) FCF Margin (2011 - 2026)

EPAM Systems' (EPAM) quarterly FCF Margin came in at 3.87% in Q1 2026, down 501.0% year-on-year from 0.97% in Q1 2025, and down 117.84% on a QoQ basis from 21.71% in Q4 2025.

EPAM Systems (EPAM) FCF Margin (2011 - 2026) Analysis & Trends

EPAM Systems (EPAM) has 16 years of FCF Margin data on file, last reported at 3.87% in Q1 2026.

  • On a quarterly basis, FCF Margin fell 501.0% year-over-year to 3.87% in Q1 2026; TTM through Mar 2026 was 10.46%, a 185.0% increase from a year earlier, with the FY2025 full-year figure at 11.91%, up 77.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 3.87%, down from 21.71% in the prior quarter.
  • Over the last five years, FCF Margin for EPAM reached as high as 21.71% in Q4 2025 and fell as low as 6.41% in Q1 2022.
  • Historically, FCF Margin has averaged 9.66% across 5 years, with a median of 9.17% in 2024.
  • Across the five-year window, FCF Margin slumped 1659 bps in 2022 and surged 1297 bps in 2023, its largest moves.
  • Year by year, FCF Margin stood at 13.37% in 2022, then advanced by 4 bps to 13.94% in 2023, then plunged by 34 bps to 9.17% in 2024, then surged by 137 bps to 21.71% in 2025, then slumped by 118 bps to 3.87% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 3.87% in Q1 2026, 21.71% in Q4 2025, and 20.54% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 13.80%
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 19.23%
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn 36.02%
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn -
5 Cgi 41.25 Bn 40.60 Bn - 0.76%
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 20.12%
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 3.66%
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 1.38%
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 15.00%
10 EPAM Systems 4.63 Bn 3.60 Bn 388.01 Mn -3.87%

Historic Data

Download Data
DateValue
Mar 31, 2026 -3.87%
Dec 31, 2025 21.71%
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 29.96%
Sep 30, 2021 18.71%
Jun 30, 2021 5.25%