EPAM Systems (EPAM) Gross Margin (2011 - 2026)
EPAM Systems' (EPAM) quarterly Gross Margin came in at 30.36% in Q2 2026, up 159.0% year-over-year from 11.72% in Q2 2025, and up 9.56% quarter-over-quarter from 27.71% in Q1 2026.
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EPAM Systems (EPAM) Gross Margin (2011 - 2026) Analysis & Trends
EPAM Systems (EPAM) has reported Gross Margin for 16 consecutive years, with 30.36% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin rose 159.0% year-over-year to 30.36% in Q2 2026; TTM through Jun 2026 was 29.41%, a 62.0% decrease from a year earlier, with the FY2025 full-year figure at 28.83%, down 184.0% from the prior year.
- Gross Margin was 30.36% for Q2 2026 at EPAM Systems, up from 27.71% in the prior quarter.
- Over five years, Gross Margin peaked at 34.56% in Q3 2024 and troughed at 26.86% in Q1 2025.
- A 5-year average of 30.32% and a median of 30.21% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin soared 350 bps in 2024 and plunged 507 bps in 2025, its largest moves.
- Over 5 years, Gross Margin stood at 32.37% in 2022, then dropped by 4 bps to 31.08% in 2023, then dropped by 2 bps to 30.44% in 2024, then decreased by 1 bps to 30.07% in 2025, then increased by 1 bps to 30.36% in 2026.
- The last three Gross Margin figures came in at 30.36% (Q2 2026), 27.71% (Q1 2026), and 30.07% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn | 31.48% |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn | 33.37% |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - | - |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn | 30.36% |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn | 37.99% |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn | 12.71% |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn | 21.45% |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 20.25% |
| 9 | Innodata | 1.91 Bn | 1.66 Bn | 42.46 Mn | 46.08% |
| 10 | DXC Technology | 1.86 Bn | 135.62 Mn | 611.00 Mn | 20.37% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 30.36% |
| 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% |