EPAM Systems annual gross margin
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2025
EPAM Systems Gross Margin Growth & History (EPAM)
EPAM Systems's gross margin was 28.83% for fiscal 2025.
View full EPAM Systems company overviewEPAM Systems annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 28.83% | −1.84 pp |
| 2024 | 2024-12-31 | 30.68% | +0.11 pp |
| 2023 | 2023-12-31 | 30.57% | −1.31 pp |
| 2022 | 2022-12-31 | 31.88% | −2.03 pp |
| 2021 | 2021-12-31 | 33.91% | −0.94 pp |
| 2020 | 2020-12-31 | 34.85% | −0.27 pp |
| 2019 | 2019-12-31 | 35.12% | −0.47 pp |
| 2018 | 2018-12-31 | 35.60% | −0.88 pp |
| 2017 | 2017-12-31 | 36.48% | +0.02 pp |
| 2016 | 2016-12-31 | 36.46% | −1.53 pp |
| 2015 | 2015-12-31 | 37.98% | +0.52 pp |
| 2014 | 2014-12-31 | 37.46% | +0.09 pp |
| 2013 | 2013-12-31 | 37.37% | −0.30 pp |
| 2012 | 2012-12-31 | 37.68% | −0.94 pp |
| 2011 | 2011-12-31 | 38.62% | −1.64 pp |
| 2010 | 2010-12-31 | 40.26% | — |
EPAM Systems quarterly gross margin
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Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 30.36% | +1.59 pp |
| Q1 2026 | 2026-03-31 | 27.71% | +0.85 pp |
| Q4 2025 | 2025-12-31 | 30.07% | −0.38 pp |
| Q3 2025 | 2025-09-30 | 29.49% | −5.07 pp |
| Q2 2025 | 2025-06-30 | 28.77% | −0.51 pp |
| Q1 2025 | 2025-03-31 | 26.86% | −1.55 pp |
| Q4 2024 | 2024-12-31 | 30.44% | −0.63 pp |
| Q3 2024 | 2024-09-30 | 34.56% | +3.50 pp |
| Q2 2024 | 2024-06-30 | 29.28% | −1.61 pp |
| Q1 2024 | 2024-03-31 | 28.41% | −0.91 pp |
| Q4 2023 | 2023-12-31 | 31.08% | −1.29 pp |
| Q3 2023 | 2023-09-30 | 31.06% | −1.55 pp |
| Q2 2023 | 2023-06-30 | 30.89% | +1.72 pp |
| Q1 2023 | 2023-03-31 | 29.32% | −4.03 pp |
| Q4 2022 | 2022-12-31 | 32.37% | −1.96 pp |
| Q3 2022 | 2022-09-30 | 32.61% | −1.29 pp |
| Q2 2022 | 2022-06-30 | 29.17% | −4.60 pp |
| Q1 2022 | 2022-03-31 | 33.35% | −0.13 pp |
| Q4 2021 | 2021-12-31 | 34.33% | −1.29 pp |
| Q3 2021 | 2021-09-30 | 33.91% | −1.18 pp |
| Q2 2021 | 2021-06-30 | 33.77% | +0.11 pp |
| Q1 2021 | 2021-03-31 | 33.49% | −1.45 pp |
| Q4 2020 | 2020-12-31 | 35.62% | +0.42 pp |
| Q3 2020 | 2020-09-30 | 35.09% | −0.72 pp |
| Q2 2020 | 2020-06-30 | 33.66% | −1.82 pp |
| Q1 2020 | 2020-03-31 | 34.94% | +1.05 pp |
| Q4 2019 | 2019-12-31 | 35.20% | −1.62 pp |
| Q3 2019 | 2019-09-30 | 35.81% | +0.11 pp |
| Q2 2019 | 2019-06-30 | 35.47% | +0.36 pp |
| Q1 2019 | 2019-03-31 | 33.88% | −0.66 pp |
| Q4 2018 | 2018-12-31 | 36.82% | +0.46 pp |
| Q3 2018 | 2018-09-30 | 35.69% | −0.90 pp |
| Q2 2018 | 2018-06-30 | 35.11% | −1.81 pp |
| Q1 2018 | 2018-03-31 | 34.54% | −1.47 pp |
| Q4 2017 | 2017-12-31 | 36.36% | −0.42 pp |
| Q3 2017 | 2017-09-30 | 36.59% | +0.56 pp |
| Q2 2017 | 2017-06-30 | 36.92% | +0.61 pp |
| Q1 2017 | 2017-03-31 | 36.01% | −0.70 pp |
| Q4 2016 | 2016-12-31 | 36.78% | −2.40 pp |
| Q3 2016 | 2016-09-30 | 36.04% | −1.06 pp |
| Q2 2016 | 2016-06-30 | 36.31% | −2.05 pp |
| Q1 2016 | 2016-03-31 | 36.71% | −0.36 pp |
| Q4 2015 | 2015-12-31 | 39.18% | −0.75 pp |
| Q3 2015 | 2015-09-30 | 37.10% | +0.65 pp |
| Q2 2015 | 2015-06-30 | 38.35% | +1.38 pp |
| Q1 2015 | 2015-03-31 | 37.07% | +0.95 pp |
| Q4 2014 | 2014-12-31 | 39.92% | +1.88 pp |
| Q3 2014 | 2014-09-30 | 36.45% | −0.38 pp |
| Q2 2014 | 2014-06-30 | 36.97% | −0.29 pp |
| Q1 2014 | 2014-03-31 | 36.12% | −1.13 pp |
| Q4 2013 | 2013-12-31 | 38.05% | −0.39 pp |
| Q3 2013 | 2013-09-30 | 36.83% | −0.40 pp |
| Q2 2013 | 2013-06-30 | 37.27% | −1.26 pp |
| Q1 2013 | 2013-03-31 | 37.25% | +1.00 pp |
| Q4 2012 | 2012-12-31 | 38.44% | +0.87 pp |
| Q3 2012 | 2012-09-30 | 37.23% | −3.04 pp |
| Q2 2012 | 2012-06-30 | 38.53% | −0.58 pp |
| Q1 2012 | 2012-03-31 | 36.24% | −1.25 pp |
| Q4 2011 | 2011-12-31 | 37.57% | — |
| Q3 2011 | 2011-09-30 | 40.26% | — |
| Q2 2011 | 2011-06-30 | 39.11% | — |
| Q1 2011 | 2011-03-31 | 37.49% | — |
EPAM Systems gross margin trends
Over the last five fiscal years, EPAM Systems's gross margin decreased from 34.85% to 28.83%, a change of −6.02 percentage points. The latest reported quarter, Q2 2026, shows 30.36%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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