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

EPAM Systems (EPAM) reported Operating Expenses of $239.7 million for Q1 2026, up 9.49% year-over-year from $218.9 million in Q1 2025, and down 1.42% quarter-over-quarter from $243.2 million in Q4 2025.

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

EPAM Systems (EPAM) has 16 years of Operating Expenses data on file, last reported at $239.7 million in Q1 2026.

  • Operating Expenses for Q1 2026 came in at $239.7 million, up 9.49% year-over-year; the trailing twelve-month figure through Mar 2026 was $949.5 million (up 13.47% YoY), and the FY2025 annual result was $981.8 million, up 12.12% from the prior year.
  • Operating Expenses fell to $239.7 million in Q1 2026 per EPAM's latest filing, from $243.2 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $243.2 million in Q4 2025 and troughed at $194.1 million in Q2 2024.
  • A 5-year average of $216.0 million and a median of $214.0 million in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses surged 73.97% in 2022, then slipped 16.41% in 2023.
  • A 5-year view of Operating Expenses shows it stood at $205.0 million in 2022, then climbed by 4.4% to $214.0 million in 2023, then increased by 1.4% to $217.0 million in 2024, then gained by 12.07% to $243.2 million in 2025, then retreated by 1.42% to $239.7 million in 2026.
  • Business Quant data shows EPAM's Operating Expenses at $239.7 million in Q1 2026, $243.2 million in Q4 2025, and $234.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Infosys 250,975,992.28 Bn 250,975,991.00 Bn 1.56 Bn 500.00 Mn
2 International Business Machines 267.32 Bn 252.39 Bn 8.95 Bn 7.26 Bn
3 Wipro 138.60 Bn 137.44 Bn 751.00 Mn -158.00 Mn
4 Accenture 109.98 Bn 101.66 Bn 16.30 Bn 15.55 Bn
5 Cognizant Technology Solutions 25.38 Bn 23.86 Bn 1.78 Bn 791.00 Mn
6 Fidelity National Information Services 21.09 Bn 20.34 Bn 1.11 Bn 605.00 Mn
7 Broadridge Financial Solutions 17.60 Bn 17.30 Bn 626.90 Mn 1.59 Bn
8 Cdw 17.16 Bn 16.58 Bn 1.19 Bn 814.00 Mn
9 Leidos Holdings 15.68 Bn 15.27 Bn 761.00 Mn 223.00 Mn
10 EPAM Systems 5.27 Bn 4.24 Bn 388.01 Mn 239.70 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 151.91 Mn