EPAM Systems (EPAM) Free Cash Flow (2011 - 2026)
EPAM Systems (EPAM) reported Free Cash Flow of -$54.2 million for Q1 2026, down 465.52% year-over-year from $14.8 million in Q1 2025, and down 120.22% quarter-over-quarter from $268.1 million in Q4 2025.
EPAM Systems (EPAM) Free Cash Flow (2011 - 2026) Analysis & Trends
EPAM Systems (EPAM) has 16 years of Free Cash Flow data on file, last reported at -$54.2 million in Q1 2026.
- Free Cash Flow for Q1 2026 came in at -$54.2 million, down 465.52% year-over-year; the trailing twelve-month figure through Mar 2026 was $543.6 million (up 21.72% YoY), and the FY2025 annual result was $612.7 million, up 10.4% from the prior year.
- Free Cash Flow eased to -$54.2 million in Q1 2026 per EPAM's latest filing, from $268.1 million in the prior quarter.
- Over five years, Free Cash Flow peaked at $286.4 million in Q3 2025 and troughed at -$75.1 million in Q1 2022.
- A 5-year average of $119.7 million and a median of $123.2 million in 2024 frame the typical range for Free Cash Flow.
- The sharpest annual moves came in 2022 and 2023: Free Cash Flow slumped 4677.82% in 2022, then jumped 205.72% in 2023.
- A 5-year view of Free Cash Flow shows it stood at $164.6 million in 2022, then advanced by 0.75% to $165.8 million in 2023, then fell by 14.06% to $142.5 million in 2024, then soared by 88.16% to $268.1 million in 2025, then sank by 120.22% to -$54.2 million in 2026.
- Business Quant data shows EPAM's Free Cash Flow at -$54.2 million in Q1 2026, $268.1 million in Q4 2025, and $286.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | - |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 4.94 Bn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | 347.11 Mn |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 3.67 Bn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 198.00 Mn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 502.00 Mn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 260.30 Mn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 248.40 Mn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 270.00 Mn |
| 10 | EPAM Systems | 5.27 Bn | 4.24 Bn | 388.01 Mn | -54.22 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -54.22 Mn |
| Mar 31, 2026 | -54.22 Mn |
| Dec 31, 2025 | 268.11 Mn |
| Dec 31, 2025 | 268.11 Mn |
| Sep 30, 2025 | 286.38 Mn |
| Sep 30, 2025 | 286.38 Mn |
| Jun 30, 2025 | 43.37 Mn |
| Jun 30, 2025 | 43.37 Mn |
| Mar 31, 2025 | 14.83 Mn |
| Mar 31, 2025 | 14.83 Mn |
| Dec 31, 2024 | 142.49 Mn |
| Dec 31, 2024 | 142.49 Mn |
| Sep 30, 2024 | 237.00 Mn |
| Sep 30, 2024 | 237.00 Mn |
| Jun 30, 2024 | 52.32 Mn |
| Jun 30, 2024 | 52.32 Mn |
| Mar 31, 2024 | 123.17 Mn |
| Mar 31, 2024 | 123.17 Mn |
| Dec 31, 2023 | 165.80 Mn |
| Dec 31, 2023 | 165.80 Mn |