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| 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% |