EPAM Systems EPAM
NYSE EPAM
$113.73 -0.95 (-0.83%)
As of: Sep 10, 2026 · 2:40 PM EDT

EPAM Systems (EPAM) Operating Expenses (2011 - 2026)

EPAM Systems' (EPAM) quarterly Operating Expenses came in at $245.2 million in Q2 2026, up 5.85% year-over-year from $231.7 million in Q2 2025, and up 2.31% quarter-over-quarter from $239.7 million in Q1 2026.

Analysis

EPAM Systems (EPAM) Operating Expenses (2011 - 2026) Analysis & Trends

EPAM Systems (EPAM) has reported Operating Expenses for 16 consecutive years, with $245.2 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 5.85% year-over-year to $245.2 million in Q2 2026; TTM through Jun 2026 was $963.1 million, a 10.14% increase from a year earlier, with the FY2025 full-year figure at $981.8 million, up 12.12% from the prior year.
  • Operating Expenses was $245.2 million for Q2 2026 at EPAM Systems, up from $239.7 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $245.2 million in Q2 2026 and troughed at $194.1 million in Q2 2024.
  • A 5-year average of $217.7 million and a median of $215.5 million in 2023 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses jumped 73.97% in 2022 and decreased 16.41% in 2023, its largest moves.
  • Over 5 years, Operating Expenses stood at $205.0 million in 2022, then advanced by 4.4% to $214.0 million in 2023, then grew by 1.4% to $217.0 million in 2024, then rose by 12.07% to $243.2 million in 2025, then grew by 0.86% to $245.2 million in 2026.
  • The last three Operating Expenses figures came in at $245.2 million (Q2 2026), $239.7 million (Q1 2026), and $243.2 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Infosys 44.69 Bn 44.69 Bn 1.60 Bn 528.00 Mn
2 Cognizant Technology Solutions 27.17 Bn 26.12 Bn 1.83 Bn 812.00 Mn
3 Cgi 15.41 Bn 14.83 Bn - 12.44 Mn
4 EPAM Systems 5.94 Bn 5.15 Bn 429.57 Mn 245.25 Mn
5 Science Applications International 5.45 Bn 5.32 Bn 239.00 Mn 87.00 Mn
6 ExlService Holdings 5.31 Bn 5.03 Bn 225.96 Mn 138.67 Mn
7 Kyndryl Holdings 2.78 Bn 669.66 Mn 776.00 Mn 630.00 Mn
8 Formula Systems (1985) 1.98 Bn 1.56 Bn 158.43 Mn 86.63 Mn
9 Innodata 1.79 Bn 1.54 Bn 42.46 Mn 74.59 Mn
10 DXC Technology 1.78 Bn -217.50 Mn 611.00 Mn 2.76 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 245.25 Mn
Mar 31, 2026 239.70 Mn
Dec 31, 2025 243.16 Mn
Sep 30, 2025 234.95 Mn
Jun 30, 2025 231.68 Mn
Mar 31, 2025 218.92 Mn
Dec 31, 2024 216.97 Mn
Sep 30, 2024 206.82 Mn
Jun 30, 2024 194.06 Mn
Mar 31, 2024 198.45 Mn
Dec 31, 2023 213.97 Mn
Sep 30, 2023 194.83 Mn
Jun 30, 2023 194.38 Mn
Mar 31, 2023 211.89 Mn
Dec 31, 2022 204.95 Mn
Sep 30, 2022 198.02 Mn
Jun 30, 2022 232.53 Mn
Mar 31, 2022 237.28 Mn
Dec 31, 2021 190.94 Mn
Sep 30, 2021 169.50 Mn