EPAM Systems (EPAM) FCF Margin (2011 - 2026)
EPAM Systems (EPAM) reported FCF Margin of -1.25% for Q2 2026, down 4.45 percentage points from 3.20% a year earlier but up 2.63 percentage points from the prior quarter.
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Analysis
EPAM Systems (EPAM) FCF Margin (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, EPAM Systems' FCF Margin came in at 8.59%, up 0.51 percentage points year-over-year; for FY2025, it was 11.23%, up 0.08 percentage points from FY2024.
- FCF Margin has a five-year change of -6.66 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 11.15% in FY2024 (-0.24 pp), 11.39% in FY2023 (+3.46 pp), 7.93% in FY2022 (-4.33 pp) and 12.26% in FY2021 (-5.62 pp).
- Five-year quarterly FCF Margin spans a low of -6.41% in Q1 2022 and a high of 20.59% in Q4 2021.
- Year over year, FCF Margin gained in three of the last eight quarters, with an average year-over-year change of -1.62 percentage points.
- The high point for year-over-year FCF Margin in five years was Q1 2023 (a gain of 12.97 percentage points); the low point was Q1 2025 (a drop of 9.43 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -3.87% (Q1 2026), 19.05% (Q4 2025) and 20.54% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.81 Bn | -78.45 Bn | 1.60 Bn | 3,778.23% |
| 2 | Cognizant Technology Solutions | 29.66 Bn | 23.62 Bn | 1.91 Bn | 16.33% |
| 3 | Wipro | 22.47 Bn | 17.61 Bn | 745.00 Mn | 23.21% |
| 4 | Cdw | 20.57 Bn | 17.47 Bn | 1.39 Bn | 5.51% |
| 5 | Cgi | 18.42 Bn | 16.22 Bn | - | 15.08% |
| 6 | Td Synnex | 18.09 Bn | 12.24 Bn | 1.43 Bn | -4.53% |
| 7 | Arrow Electronics | 9.84 Bn | 8.79 Bn | 1.13 Bn | 2.97% |
| 8 | EPAM Systems | 8.02 Bn | 3.93 Bn | 445.94 Mn | 19.22% |
| 9 | Avnet | 6.99 Bn | 6.17 Bn | 865.03 Mn | -3.71% |
| 10 | ExlService Holdings | 6.58 Bn | 5.38 Bn | 241.14 Mn | 16.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 19.22% |
| 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% |
API Access
EPAM Systems FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=EPAM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "EPAM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=EPAM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();