EPAM Systems (EPAM) Invested Capital (2014 - 2026)
EPAM Systems' Invested Capital was $3.54 billion in Q2 2026, down 4.0% from $3.69 billion a year earlier and down 1.5% from the prior quarter.
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Analysis
EPAM Systems (EPAM) Invested Capital (2014 - 2026) Analysis & Trends
For FY2025, Invested Capital at EPAM Systems came in at $3.7 billion, up 1.3% from FY2024.
- Invested Capital has now increased for ten consecutive years, with a five-year compound annual growth rate of 13.0% (FY2020 to FY2025).
- In earlier years, Invested Capital was $3.66 billion in FY2024 (+4.5%), $3.5 billion in FY2023 (+15.3%), $3.03 billion in FY2022 (+19.3%) and $2.54 billion in FY2021 (+26.6%).
- The Q2 2026 figure marks the lowest quarterly Invested Capital since Q2 2024.
- Compared with a year earlier, Invested Capital was higher in six of the last eight quarters, with growth averaging 3.1%.
- The best year-over-year quarter for Invested Capital over five years was Q4 2021 (growth of 26.6%); the worst was Q2 2026 (a decline of 4.0%).
- Per Business Quant data, EPAM's Invested Capital in the three quarters before Q2 2026 was $3.6 billion (Q1 2026), $3.7 billion (Q4 2025) and $3.75 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.24 Bn | 36.74 Bn | 1.60 Bn | - |
| 2 | Cognizant Technology Solutions | 31.12 Bn | 24.28 Bn | 1.83 Bn | 16.02 Bn |
| 3 | Wipro | 20.11 Bn | 14.81 Bn | 738.00 Mn | 10.08 Bn |
| 4 | Td Synnex | 19.66 Bn | 13.82 Bn | 1.43 Bn | 14.82 Bn |
| 5 | Cdw | 19.39 Bn | 17.38 Bn | 1.32 Bn | 8.26 Bn |
| 6 | Cgi | 16.87 Bn | 14.67 Bn | - | - |
| 7 | Arrow Electronics | 11.10 Bn | 10.05 Bn | 1.13 Bn | 9.25 Bn |
| 8 | Avnet | 7.54 Bn | 6.72 Bn | 865.03 Mn | 8.26 Bn |
| 9 | EPAM Systems | 6.64 Bn | 2.28 Bn | 429.57 Mn | 3.54 Bn |
| 10 | Ingram Micro Holding | 6.19 Bn | 1.79 Bn | 958.68 Mn | 8.08 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.54 Bn |
| Mar 31, 2026 | 3.60 Bn |
| Dec 31, 2025 | 3.70 Bn |
| Sep 30, 2025 | 3.75 Bn |
| Jun 30, 2025 | 3.69 Bn |
| Mar 31, 2025 | 3.67 Bn |
| Dec 31, 2024 | 3.66 Bn |
| Sep 30, 2024 | 3.58 Bn |
| Jun 30, 2024 | 3.42 Bn |
| Mar 31, 2024 | 3.50 Bn |
| Dec 31, 2023 | 3.50 Bn |
| Sep 30, 2023 | 3.33 Bn |
| Jun 30, 2023 | 3.29 Bn |
| Mar 31, 2023 | 3.16 Bn |
| Dec 31, 2022 | 3.03 Bn |
| Sep 30, 2022 | 2.79 Bn |
| Jun 30, 2022 | 2.66 Bn |
| Mar 31, 2022 | 2.59 Bn |
| Dec 31, 2021 | 2.54 Bn |
| Sep 30, 2021 | 2.36 Bn |
API Access
EPAM Systems Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=EPAM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "EPAM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=EPAM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();