EPAM Systems (EPAM) Invested Capital (2013 - 2026)
EPAM Systems' (EPAM) quarterly Invested Capital came in at $3.5 billion in Q2 2026, down 4.04% year-over-year from $3.7 billion in Q2 2025, and down 1.46% quarter-over-quarter from $3.6 billion in Q1 2026.
EPAM Systems (EPAM) Invested Capital (2013 - 2026) Analysis & Trends
EPAM Systems (EPAM) has reported Invested Capital for 14 consecutive years, with $3.5 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Invested Capital fell 4.04% year-over-year to $3.5 billion in Q2 2026; TTM through Jun 2026 was $3.5 billion, a 4.04% decrease from a year earlier, with the FY2025 full-year figure at $3.7 billion, up 1.27% from the prior year.
- Invested Capital was $3.5 billion for Q2 2026 at EPAM Systems, down from $3.6 billion in the prior quarter.
- Over five years, Invested Capital peaked at $3.8 billion in Q3 2025 and troughed at $2.6 billion in Q1 2022.
- A 5-year average of $3.4 billion and a median of $3.5 billion in 2023 frame the typical range for Invested Capital.
- Across the five-year window, Invested Capital climbed 24.66% in 2022 and dropped 4.04% in 2026, its largest moves.
- Over 5 years, Invested Capital stood at $3.0 billion in 2022, then grew by 15.19% to $3.5 billion in 2023, then climbed by 4.54% to $3.7 billion in 2024, then gained by 1.27% to $3.7 billion in 2025, then fell by 4.28% to $3.5 billion in 2026.
- The last three Invested Capital figures came in at $3.5 billion (Q2 2026), $3.6 billion (Q1 2026), and $3.7 billion (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 44.17 Bn | 44.22 Bn | 1.60 Bn | 985.51 Mn |
| 2 | Cognizant Technology Solutions | 26.84 Bn | 25.79 Bn | 1.83 Bn | 16.06 Bn |
| 3 | Cgi | 13.60 Bn | 13.02 Bn | - | 3.66 Bn |
| 4 | EPAM Systems | 5.82 Bn | 5.04 Bn | 429.57 Mn | 3.54 Bn |
| 5 | Science Applications International | 5.60 Bn | 5.47 Bn | 239.00 Mn | 3.95 Bn |
| 6 | ExlService Holdings | 5.35 Bn | 5.07 Bn | 225.96 Mn | 1.63 Bn |
| 7 | Kyndryl Holdings | 2.65 Bn | 639.03 Mn | 776.00 Mn | 7.02 Bn |
| 8 | Innodata | 2.10 Bn | 1.85 Bn | 42.46 Mn | 177.28 Mn |
| 9 | Formula Systems (1985) | 1.83 Bn | 1.41 Bn | 158.43 Mn | 1.95 Bn |
| 10 | DXC Technology | 1.74 Bn | 9.39 Mn | 611.00 Mn | 6.83 Bn |
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 | 3.04 Bn |
| Sep 30, 2022 | 2.80 Bn |
| Jun 30, 2022 | 2.67 Bn |
| Mar 31, 2022 | 2.60 Bn |
| Dec 31, 2021 | 2.56 Bn |
| Sep 30, 2021 | 2.36 Bn |
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_KEY
import 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();