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
DateValue
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