EPAM Systems (EPAM) Operating Leases (2019 - 2026)
EPAM Systems' (EPAM) quarterly Operating Leases came in at $87.9 million in Q2 2026, down 36.11% year-over-year from $137.7 million in Q2 2025, and up 2.03% quarter-over-quarter from $86.2 million in Q1 2026.
Analysis
EPAM Systems (EPAM) Operating Leases (2019 - 2026) Analysis & Trends
EPAM Systems (EPAM) has reported Operating Leases for 8 consecutive years, with $87.9 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Leases fell 36.11% year-over-year to $87.9 million in Q2 2026; TTM through Jun 2026 was $87.9 million, a 36.11% decrease from a year earlier, with the FY2025 full-year figure at $81.5 million, down 17.2% from the prior year.
- Operating Leases was $87.9 million for Q2 2026 at EPAM Systems, up from $86.2 million in the prior quarter.
- Over five years, Operating Leases peaked at $187.8 million in Q1 2022 and troughed at $81.5 million in Q4 2025.
- A 5-year average of $133.1 million and a median of $138.9 million in 2024 frame the typical range for Operating Leases.
- Across the five-year window, Operating Leases dropped 2.01% in 2025 and plunged 36.11% in 2026, its largest moves.
- Over 5 years, Operating Leases stood at $122.3 million in 2022, then declined by 10.67% to $109.3 million in 2023, then slipped by 9.92% to $98.4 million in 2024, then dropped by 17.2% to $81.5 million in 2025, then gained by 7.91% to $87.9 million in 2026.
- The last three Operating Leases figures came in at $87.9 million (Q2 2026), $86.2 million (Q1 2026), and $81.5 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Infosys | 47.37 Bn | 47.42 Bn | 1.60 Bn |
| 2 | Cognizant Technology Solutions | 28.16 Bn | 27.11 Bn | 1.83 Bn |
| 3 | Cgi | 14.44 Bn | 13.86 Bn | - |
| 4 | EPAM Systems | 6.04 Bn | 5.25 Bn | 429.57 Mn |
| 5 | ExlService Holdings | 5.56 Bn | 5.27 Bn | 225.96 Mn |
| 6 | Science Applications International | 5.32 Bn | 5.20 Bn | 239.00 Mn |
| 7 | Kyndryl Holdings | 2.86 Bn | 850.31 Mn | 776.00 Mn |
| 8 | Formula Systems (1985) | 1.98 Bn | 1.56 Bn | 158.43 Mn |
| 9 | Innodata | 1.91 Bn | 1.66 Bn | 42.46 Mn |
| 10 | DXC Technology | 1.86 Bn | 135.62 Mn | 611.00 Mn |
Historic Data
Download Data
Historic 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 | 146.63 Mn |
| Jun 30, 2023 | 154.99 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 |