EPAM Systems (EPAM) Operating Leases (2019 - 2026)
EPAM Systems (EPAM) posted quarterly Operating Leases of $86.2 million for Q1 2026, down 35.23% year-over-year from $133.1 million in Q1 2025, and up 5.76% quarter-over-quarter from $81.5 million in Q4 2025.
EPAM Systems (EPAM) Operating Leases (2019 - 2026) Analysis & Trends
EPAM Systems (EPAM) has reported Operating Leases for 8 consecutive years, with $86.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Leases fell 35.23% year-over-year to $86.2 million; the TTM figure through Mar 2026 stood at $86.2 million (down 35.23% YoY), while the FY2025 annual figure was $81.5 million, down 17.2% from the prior year.
- Operating Leases grew to $86.2 million in Q1 2026 per EPAM's latest filing, from $81.5 million in the prior quarter.
- Across five years, Operating Leases topped out at $187.8 million in Q1 2022 and bottomed at $81.5 million in Q4 2025.
- Historically, Operating Leases has averaged $131.2 million across 5 years, with a median of $133.1 million in 2025.
- Annual changes were most pronounced in 2024 — Operating Leases grew 29.34% — and 2026, when it plunged 35.23%.
- EPAM Systems' Operating Leases stood at $122.3 million in 2022, then retreated by 10.67% to $109.3 million in 2023, then declined by 9.92% to $98.4 million in 2024, then fell by 17.2% to $81.5 million in 2025, then increased by 5.76% to $86.2 million in 2026.
- Business Quant data shows EPAM's Operating Leases at $86.2 million in Q1 2026, $81.5 million in Q4 2025, and $130.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | International Business Machines | 219.38 Bn | 208.02 Bn | 9.91 Bn |
| 2 | Accenture | 111.06 Bn | 100.89 Bn | 6.13 Bn |
| 3 | Infosys | 47.96 Bn | 47.96 Bn | 1.60 Bn |
| 4 | Cgi | 32.80 Bn | 32.34 Bn | - |
| 5 | Cognizant Technology Solutions | 28.32 Bn | 27.27 Bn | 1.83 Bn |
| 6 | Fidelity National Information Services | 20.92 Bn | 20.17 Bn | 1.17 Bn |
| 7 | Broadridge Financial Solutions | 20.67 Bn | 20.27 Bn | 853.00 Mn |
| 8 | Wipro | 19.82 Bn | 18.75 Bn | 738.00 Mn |
| 9 | Leidos Holdings | 17.78 Bn | 17.03 Bn | 817.00 Mn |
| 10 | EPAM Systems | 5.55 Bn | 4.76 Bn | 429.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 87.94 Mn |
| Mar 31, 2026 | 86.19 Mn |
| Dec 31, 2025 | 81.50 Mn |
| Sep 30, 2025 | 130.18 Mn |
| Jun 30, 2025 | 137.65 Mn |
| Mar 31, 2025 | 133.08 Mn |
| Dec 31, 2024 | 98.43 Mn |
| Sep 30, 2024 | 140.11 Mn |
| Jun 30, 2024 | 140.48 Mn |
| Mar 31, 2024 | 146.57 Mn |
| Dec 31, 2023 | 109.26 Mn |
| Sep 30, 2023 | 108.33 Mn |
| Jun 30, 2023 | 115.99 Mn |
| Mar 31, 2023 | 158.85 Mn |
| Dec 31, 2022 | 122.32 Mn |
| Sep 30, 2022 | 161.30 Mn |
| Jun 30, 2022 | 172.02 Mn |
| Mar 31, 2022 | 187.84 Mn |
| Dec 31, 2021 | 142.80 Mn |
| Sep 30, 2021 | 200.73 Mn |