EPAM Systems, Inc. (EPAM) stock
EPAMNYSEServices-Computer Programming ServicesFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 5, 2026Score 17/3027% below fair value
$163.15−0.68 (-0.42%)
Close on Nov 13, 2026Market cap $8.42BP/E 20.4Yield –
EPAM Systems ebitda
EBITDA is earnings before interest, taxes, depreciation and amortization, a rough measure of cash profit from operations.
EPAM Systems's ebitda for the twelve months ending Sep 30, 2026 was $721.22M, up 14.9% year over year. For fiscal 2025 it was $644.81M, up 1.7% from the year before. Over ten years it grew 18.0% a year on average. The highest annual figure on record is $665.24M in fiscal 2022.
Annual ebitda
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $644.81M | +1.7% |
| FY2024 | Dec 31, 2024 | $634.14M | +6.9% |
| FY2023 | Dec 31, 2023 | $593.04M | -10.9% |
| FY2022 | Dec 31, 2022 | $665.24M | +6.3% |
| FY2021 | Dec 31, 2021 | $625.71M | +41.5% |
| FY2020 | Dec 31, 2020 | $442.20M | +27.0% |
| FY2019 | Dec 31, 2019 | $348.17M | +23.3% |
| FY2018 | Dec 31, 2018 | $282.40M | +40.1% |
| FY2017 | Dec 31, 2017 | $201.51M | +28.3% |
| FY2016 | Dec 31, 2016 | $157.08M | +27.3% |
| FY2015 | Dec 31, 2015 | $123.36M | +19.0% |
| FY2014 | Dec 31, 2014 | $103.67M | +13.2% |
| FY2013 | Dec 31, 2013 | $91.61M | +19.2% |
| FY2012 | Dec 31, 2012 | $76.89M | +22.9% |
| FY2011 | Dec 31, 2011 | $62.55M | – |
Quarterly ebitda
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $208.55M | +18.3% |
| Q2 FY2026 | Jun 30, 2026 | $184.32M | +16.8% |
| Q1 FY2026 | Mar 31, 2026 | $148.31M | +13.4% |
| Q4 FY2025 | Dec 31, 2025 | $180.04M | +10.4% |
| Q3 FY2025 | Sep 30, 2025 | $176.26M | -10.4% |
| Q2 FY2025 | Jun 30, 2025 | $157.75M | +11.3% |
| Q1 FY2025 | Mar 31, 2025 | $130.77M | -1.4% |
| Q4 FY2024 | Dec 31, 2024 | $163.07M | +12.0% |
| Q3 FY2024 | Sep 30, 2024 | $196.72M | +43.5% |
| Q2 FY2024 | Jun 30, 2024 | $141.68M | -15.2% |
| Q1 FY2024 | Mar 31, 2024 | $132.68M | -7.3% |
| Q4 FY2023 | Dec 31, 2023 | $145.65M | -24.8% |
| Q3 FY2023 | Sep 30, 2023 | $137.12M | -32.2% |
| Q2 FY2023 | Jun 30, 2023 | $167.11M | +44.1% |
| Q1 FY2023 | Mar 31, 2023 | $143.15M | -6.7% |
| Q4 FY2022 | Dec 31, 2022 | $193.62M | +2.3% |
| Q3 FY2022 | Sep 30, 2022 | $202.10M | +22.0% |
| Q2 FY2022 | Jun 30, 2022 | $116.01M | -20.4% |
| Q1 FY2022 | Mar 31, 2022 | $153.50M | +22.7% |
| Q4 FY2021 | Dec 31, 2021 | $189.26M | +47.0% |
| Q3 FY2021 | Sep 30, 2021 | $165.67M | +47.5% |
| Q2 FY2021 | Jun 30, 2021 | $145.73M | +47.7% |
| Q1 FY2021 | Mar 31, 2021 | $125.06M | +22.1% |
| Q4 FY2020 | Dec 31, 2020 | $128.77M | +31.8% |
| Q3 FY2020 | Sep 30, 2020 | $112.33M | +22.5% |
| Q2 FY2020 | Jun 30, 2020 | $98.65M | +17.6% |
| Q1 FY2020 | Mar 31, 2020 | $102.45M | +36.9% |
| Q4 FY2019 | Dec 31, 2019 | $97.71M | +10.5% |
| Q3 FY2019 | Sep 30, 2019 | $91.69M | +24.1% |
| Q2 FY2019 | Jun 30, 2019 | $83.91M | +32.8% |
| Q1 FY2019 | Mar 31, 2019 | $74.86M | +31.6% |
| Q4 FY2018 | Dec 31, 2018 | $88.45M | +48.0% |
| Q3 FY2018 | Sep 30, 2018 | $73.88M | +30.9% |
| Q2 FY2018 | Jun 30, 2018 | $63.20M | +32.5% |
| Q1 FY2018 | Mar 31, 2018 | $56.87M | +51.1% |
| Q4 FY2017 | Dec 31, 2017 | $59.75M | +37.0% |
| Q3 FY2017 | Sep 30, 2017 | $56.42M | – |
| Q2 FY2017 | Jun 30, 2017 | $47.70M | – |
| Q1 FY2017 | Mar 31, 2017 | $37.64M | – |
| Q4 FY2016 | Dec 31, 2016 | $43.62M | – |
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