EPAM Systems (EPAM) Net Margin (2011 - 2026)
EPAM Systems' (EPAM) quarterly Net Margin came in at 7.28% in Q2 2026, up 78.0% year-over-year from 4.09% in Q2 2025, and up 23.49% quarter-over-quarter from 5.89% in Q1 2026.
Analysis
EPAM Systems (EPAM) Net Margin (2011 - 2026) Analysis & Trends
EPAM Systems (EPAM) has reported Net Margin for 16 consecutive years, with 7.28% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Net Margin rose 78.0% year-over-year to 7.28% in Q2 2026; TTM through Jun 2026 was 7.15%, a 76.0% decrease from a year earlier, with the FY2025 full-year figure at 6.92%, down 269.0% from the prior year.
- Net Margin was 7.28% for Q2 2026 at EPAM Systems, up from 5.89% in the prior quarter.
- Over five years, Net Margin peaked at 12.72% in Q3 2022 and troughed at 1.56% in Q2 2022.
- A 5-year average of 8.3% and a median of 8.35% in 2023 frame the typical range for Net Margin.
- Across the five-year window, Net Margin plunged 1145 bps in 2022 and jumped 870 bps in 2023, its largest moves.
- Over 5 years, Net Margin stood at 12.59% in 2022, then sank by 33 bps to 8.43% in 2023, then declined by 2 bps to 8.27% in 2024, then fell by 6 bps to 7.77% in 2025, then fell by 6 bps to 7.28% in 2026.
- The last three Net Margin figures came in at 7.28% (Q2 2026), 5.89% (Q1 2026), and 7.77% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn | 16.16% |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn | 11.75% |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - | 11.09% |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn | 7.28% |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn | 10.85% |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn | 5.43% |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn | -1.52% |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn | 2.97% |
| 9 | Innodata | 1.91 Bn | 1.66 Bn | 42.46 Mn | 19.05% |
| 10 | DXC Technology | 1.86 Bn | 135.62 Mn | 611.00 Mn | 4.20% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.28% |
| Mar 31, 2026 | 5.89% |
| Dec 31, 2025 | 7.77% |
| Sep 30, 2025 | 7.66% |
| Jun 30, 2025 | 6.50% |
| Mar 31, 2025 | 5.65% |
| Dec 31, 2024 | 8.27% |
| Sep 30, 2024 | 11.68% |
| Jun 30, 2024 | 8.60% |
| Mar 31, 2024 | 9.97% |
| Dec 31, 2023 | 8.43% |
| Sep 30, 2023 | 8.44% |
| Jun 30, 2023 | 10.26% |
| Mar 31, 2023 | 8.45% |
| Dec 31, 2022 | 12.59% |
| Sep 30, 2022 | 12.72% |
| Jun 30, 2022 | 1.56% |
| Mar 31, 2022 | 7.66% |
| Dec 31, 2021 | 12.85% |
| Sep 30, 2021 | 11.70% |