EPAM Systems (EPAM) Gross Margin (2011 - 2026)
EPAM Systems (EPAM) reported Gross Margin of 27.71% for Q1 2026, up 85.0% year-over-year from 14.98% in Q1 2025, and down 7.83% quarter-over-quarter 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.
- Gross Margin for Q1 2026 came in at 27.71%, up 85.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 29.01% (down 119.0% YoY), and the FY2025 annual result was 28.83%, down 184.0% from the prior year.
- Gross Margin fell to 27.71% in Q1 2026 per EPAM's latest filing, from 30.07% 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 30.07% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin jumped 350 bps in 2024, then tumbled 507 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 32.37% in 2022, then declined by 4 bps to 31.08% in 2023, then declined by 2 bps to 30.44% in 2024, then slipped by 1 bps to 30.07% in 2025, then decreased by 8 bps to 27.71% in 2026.
- Business Quant data shows EPAM's Gross Margin at 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 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | 30.85% |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 56.23% |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | 29.07% |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 90.31% |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 32.79% |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 33.63% |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 32.09% |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 20.95% |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 17.30% |
| 10 | EPAM Systems | 5.27 Bn | 4.24 Bn | 388.01 Mn | 27.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |