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| Date | Value |
|---|---|
| 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 |