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EPAM Systems (EPAM) Operating Expenses (2016 - 2025)

EPAM Systems (EPAM) has disclosed Operating Expenses for 15 consecutive years, with $243.2 million as the latest value for Q4 2025.

  • On a quarterly basis, Operating Expenses rose 12.07% to $243.2 million in Q4 2025 year-over-year; TTM through Dec 2025 was $928.7 million, a 13.77% increase, with the full-year FY2025 number at $981.8 million, up 12.12% from a year prior.
  • Operating Expenses was $243.2 million for Q4 2025 at EPAM Systems, up from $234.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $243.2 million in Q4 2025 to a low of $136.4 million in Q1 2021.
  • A 5-year average of $204.1 million and a median of $205.9 million in 2022 define the central range for Operating Expenses.
  • Peak YoY movement for Operating Expenses: surged 73.97% in 2022, then fell 16.41% in 2023.
  • EPAM Systems' Operating Expenses stood at $190.9 million in 2021, then increased by 7.34% to $205.0 million in 2022, then grew by 4.4% to $214.0 million in 2023, then rose by 1.4% to $217.0 million in 2024, then increased by 12.07% to $243.2 million in 2025.
  • Per Business Quant, the three most recent readings for EPAM's Operating Expenses are $243.2 million (Q4 2025), $234.9 million (Q3 2025), and $231.7 million (Q2 2025).