KPIs & Operating Metrics(New)
Growth Metrics

EPAM Systems (EPAM) Operating Margin (2016 - 2025)

EPAM Systems (EPAM) has disclosed Operating Margin for 15 consecutive years, with 10.6% as the latest value for Q4 2025.

  • Quarterly Operating Margin fell 33.0% to 10.6% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 9.53% through Dec 2025, down 199.0% year-over-year, with the annual reading at 9.53% for FY2025, 199.0% down from the prior year.
  • Operating Margin for Q4 2025 was 10.6% at EPAM Systems, up from 10.39% in the prior quarter.
  • The five-year high for Operating Margin was 15.16% in Q3 2024, with the low at 7.63% in Q1 2025.
  • Average Operating Margin over 5 years is 11.58%, with a median of 10.77% recorded in 2025.
  • The sharpest move saw Operating Margin crashed -643bps in 2022, then surged 526bps in 2024.
  • Over 5 years, Operating Margin stood at 14.96% in 2021, then dropped by -7bps to 13.85% in 2022, then fell by -24bps to 10.58% in 2023, then rose by 3bps to 10.94% in 2024, then dropped by -3bps to 10.6% in 2025.
  • According to Business Quant data, Operating Margin over the past three periods came in at 10.6%, 10.39%, and 9.34% for Q4 2025, Q3 2025, and Q2 2025 respectively.