EPAM Systems (EPAM) Market Capitalization (2012 - 2026)
EPAM Systems (EPAM) reported Market Capitalization of $4.09 billion for Q2 2026, down 58.4% from $9.85 billion a year earlier and down 42.7% from the prior quarter.
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Analysis
EPAM Systems (EPAM) Market Capitalization (2012 - 2026) Analysis & Trends
For FY2025, EPAM Systems posted Market Capitalization of $11.12 billion, down 16.4% from FY2024.
- Market Capitalization has declined for four consecutive years, with a five-year compound annual growth rate of -11.2% (FY2020 to FY2025).
- By year, Market Capitalization came in at $13.3 billion in FY2024 (-22.6%), $17.18 billion in FY2023 (-9.1%), $18.9 billion in FY2022 (-50.3%) and $38 billion in FY2021 (+89.0%).
- The Q2 2026 figure ranks as the lowest quarterly Market Capitalization since Q1 2017.
- Year over year, Market Capitalization has now declined in each of the last 13 quarters, with an average decline of 27.6% over the last eight quarters.
- The high point for year-over-year Market Capitalization in five years was Q4 2021 (growth of 89.0%); the low point was Q2 2026 (a decline of 58.4%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $7.14 billion (Q1 2026), $11.12 billion (Q4 2025) and $8.33 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 50.81 Bn | 42.20 Bn | - |
| 2 | Cognizant Technology Solutions | 28.52 Bn | 22.49 Bn | 1.91 Bn |
| 3 | Cdw | 20.95 Bn | 17.85 Bn | 1.39 Bn |
| 4 | Td Synnex | 18.62 Bn | 12.78 Bn | 1.43 Bn |
| 5 | Arrow Electronics | 10.10 Bn | 9.05 Bn | 1.13 Bn |
| 6 | EPAM Systems | 7.92 Bn | 3.84 Bn | 445.94 Mn |
| 7 | Avnet | 7.12 Bn | 6.30 Bn | 865.03 Mn |
| 8 | ExlService Holdings | 6.52 Bn | 5.32 Bn | 241.14 Mn |
| 9 | Science Applications International | 6.35 Bn | 5.89 Bn | 239.00 Mn |
| 10 | Ingram Micro Holding | 6.29 Bn | 1.70 Bn | 996.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.51 Bn |
| Jun 30, 2026 | 4.09 Bn |
| Mar 31, 2026 | 7.14 Bn |
| Dec 31, 2025 | 11.12 Bn |
| Sep 30, 2025 | 8.33 Bn |
| Jun 30, 2025 | 9.85 Bn |
| Mar 31, 2025 | 9.56 Bn |
| Dec 31, 2024 | 13.30 Bn |
| Sep 30, 2024 | 11.29 Bn |
| Jun 30, 2024 | 10.71 Bn |
| Mar 31, 2024 | 16.00 Bn |
| Dec 31, 2023 | 17.18 Bn |
| Sep 30, 2023 | 14.75 Bn |
| Jun 30, 2023 | 13.03 Bn |
| Mar 31, 2023 | 17.30 Bn |
| Dec 31, 2022 | 18.90 Bn |
| Sep 30, 2022 | 20.83 Bn |
| Jun 30, 2022 | 16.91 Bn |
| Mar 31, 2022 | 16.95 Bn |
| Dec 31, 2021 | 38.00 Bn |
API Access
EPAM Systems Market Capitalization 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=market-capitalization&ticker=EPAM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "market-capitalization", "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=market-capitalization&ticker=EPAM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();