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

EPAM Systems' (EPAM) quarterly Gross Margin came in at 27.71% in Q1 2026, up 85.0% year-on-year from 14.98% in Q1 2025, and down 7.83% on a QoQ basis from 30.07% in Q4 2025.

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

EPAM Systems (EPAM) has 16 years of Gross Margin data on file, last reported at 27.71% in Q1 2026.

  • On a quarterly basis, Gross Margin rose 85.0% year-over-year to 27.71% in Q1 2026; TTM through Mar 2026 was 29.01%, a 119.0% decrease from a year earlier, with the FY2025 full-year figure at 28.83%, down 184.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 27.71%, down from 30.07% in the prior quarter.
  • Over the last five years, Gross Margin for EPAM reached as high as 34.56% in Q3 2024 and fell as low as 26.86% in Q1 2025.
  • Historically, Gross Margin has averaged 30.32% across 5 years, with a median of 30.07% in 2025.
  • Across the five-year window, Gross Margin surged 350 bps in 2024 and sank 507 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 32.37% in 2022, then decreased by 4 bps to 31.08% in 2023, then decreased by 2 bps to 30.44% in 2024, then fell by 1 bps to 30.07% in 2025, then declined by 8 bps to 27.71% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 27.71% in Q1 2026, 30.07% in Q4 2025, and 29.49% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 57.73%
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 32.77%
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn 33.61%
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 31.48%
5 Cgi 41.25 Bn 40.60 Bn - -
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 33.63%
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 32.79%
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 28.54%
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 32.09%
10 EPAM Systems 4.63 Bn 3.60 Bn 388.01 Mn 27.71%

Historic Data

Download Data
DateValue
Mar 31, 2026 27.71%
Dec 31, 2025 30.07%
Sep 30, 2025 29.49%
Jun 30, 2025 28.77%
Mar 31, 2025 26.86%
Dec 31, 2024 30.44%
Sep 30, 2024 34.56%
Jun 30, 2024 29.28%
Mar 31, 2024 28.41%
Dec 31, 2023 31.08%
Sep 30, 2023 31.06%
Jun 30, 2023 30.89%
Mar 31, 2023 29.32%
Dec 31, 2022 32.37%
Sep 30, 2022 32.61%
Jun 30, 2022 29.17%
Mar 31, 2022 33.35%
Dec 31, 2021 34.33%
Sep 30, 2021 33.91%
Jun 30, 2021 33.77%