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

EPAM Systems' (EPAM) quarterly Operating Expenses came in at $239.7 million in Q1 2026, up 9.49% year-on-year from $218.9 million in Q1 2025, and down 1.42% on a QoQ basis 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.

  • On a quarterly basis, Operating Expenses rose 9.49% year-over-year to $239.7 million in Q1 2026; TTM through Mar 2026 was $949.5 million, a 13.47% increase from a year earlier, with the FY2025 full-year figure at $928.7 million, up 13.77% from the prior year.
  • Operating Expenses for Q1 2026 stood at $239.7 million, down from $243.2 million in the prior quarter.
  • Over the last five years, Operating Expenses for EPAM reached as high as $243.2 million in Q4 2025 and fell as low as $194.1 million in Q2 2024.
  • Historically, Operating Expenses has averaged $216.0 million across 5 years, with a median of $214.0 million in 2023.
  • Across the five-year window, Operating Expenses soared 73.97% in 2022 and retreated 16.41% in 2023, its largest moves.
  • Year by year, Operating Expenses stood at $205.0 million in 2022, then rose by 4.4% to $214.0 million in 2023, then advanced by 1.4% to $217.0 million in 2024, then grew by 12.07% to $243.2 million in 2025, then dropped by 1.42% to $239.7 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $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 International Business Machines 193.88 Bn 178.95 Bn 9.91 Bn 7.29 Bn
2 Accenture 84.94 Bn 75.26 Bn 6.13 Bn 15.54 Bn
3 GDS Holdings 50.55 Bn 48.40 Bn 164.04 Mn -27.00 Mn
4 Infosys 44.05 Bn 44.79 Bn 1.60 Bn 528.00 Mn
5 Cgi 41.25 Bn 40.60 Bn - 29.83 Mn
6 Fidelity National Information Services 20.63 Bn 19.87 Bn 1.11 Bn 605.00 Mn
7 Cognizant Technology Solutions 20.39 Bn 18.87 Bn 1.78 Bn 791.00 Mn
8 Wipro 18.65 Bn 17.52 Bn 738.00 Mn 2.23 Bn
9 Broadridge Financial Solutions 16.79 Bn 16.48 Bn 626.90 Mn 1.59 Bn
10 EPAM Systems 4.63 Bn 3.60 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