EPAM Systems annual operating expenses
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EPAM Systems Operating Expenses Growth & History (EPAM)
EPAM Systems's operating expenses was $1.05B for fiscal 2025.
View full EPAM Systems company overviewEPAM Systems annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.05B | $147.7M | +16.30% |
| 2024 | 2024-12-31 | $905.9M | −$26.9M | −2.89% |
| 2023 | 2023-12-31 | $932.8M | −$32.3M | −3.34% |
| 2022 | 2022-12-31 | $965.0M | $232.9M | +31.81% |
| 2021 | 2021-12-31 | $732.1M | $184.5M | +33.69% |
| 2020 | 2020-12-31 | $547.6M | $44.9M | +8.93% |
| 2019 | 2019-12-31 | $502.8M | $92.5M | +22.55% |
| 2018 | 2018-12-31 | $410.2M | $54.1M | +15.18% |
| 2017 | 2017-12-31 | $356.1M | $66.9M | +23.13% |
| 2016 | 2016-12-31 | $289.3M | $48.0M | +19.90% |
| 2015 | 2015-12-31 | $241.2M | $53.9M | +28.79% |
| 2014 | 2014-12-31 | $187.3M | $56.3M | +43.02% |
| 2013 | 2013-12-31 | $131.0M | $33.5M | +34.43% |
| 2012 | 2012-12-31 | $97.4M | $23.2M | +31.34% |
| 2011 | 2011-12-31 | $74.2M | $17.7M | +31.29% |
| 2010 | 2010-12-31 | $56.5M | — | — |
EPAM Systems quarterly operating expenses
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| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $277.3M | $14.4M | +5.47% |
| Q1 2026 | 2026-03-31 | $271.2M | $20.9M | +8.34% |
| Q4 2025 | 2025-12-31 | $273.9M | $30.4M | +12.49% |
| Q3 2025 | 2025-09-30 | $266.3M | $39.7M | +17.53% |
| Q2 2025 | 2025-06-30 | $263.0M | $47.8M | +22.20% |
| Q1 2025 | 2025-03-31 | $250.4M | $29.8M | +13.49% |
| Q4 2024 | 2024-12-31 | $243.5M | $6.4M | +2.70% |
| Q3 2024 | 2024-09-30 | $226.6M | −$17.3M | −7.09% |
| Q2 2024 | 2024-06-30 | $215.2M | −$2.0M | −0.91% |
| Q1 2024 | 2024-03-31 | $220.6M | −$14.1M | −6.00% |
| Q4 2023 | 2023-12-31 | $237.1M | $9.0M | +3.96% |
| Q3 2023 | 2023-09-30 | $243.8M | $23.9M | +10.89% |
| Q2 2023 | 2023-06-30 | $217.1M | −$38.4M | −15.02% |
| Q1 2023 | 2023-03-31 | $234.7M | −$26.9M | −10.27% |
| Q4 2022 | 2022-12-31 | $228.1M | $13.6M | +6.32% |
| Q3 2022 | 2022-09-30 | $219.9M | $28.9M | +15.10% |
| Q2 2022 | 2022-06-30 | $255.5M | $83.2M | +48.24% |
| Q1 2022 | 2022-03-31 | $261.5M | $107.3M | +69.61% |
| Q4 2021 | 2021-12-31 | $214.5M | $68.8M | +47.23% |
| Q3 2021 | 2021-09-30 | $191.0M | $58.6M | +44.23% |
| Q2 2021 | 2021-06-30 | $172.4M | $42.9M | +33.18% |
| Q1 2021 | 2021-03-31 | $154.2M | $14.1M | +10.10% |
| Q4 2020 | 2020-12-31 | $145.7M | $7.7M | +5.62% |
| Q3 2020 | 2020-09-30 | $132.5M | $2.4M | +1.88% |
| Q2 2020 | 2020-06-30 | $129.4M | $6.6M | +5.40% |
| Q1 2020 | 2020-03-31 | $140.0M | $28.1M | +25.06% |
| Q4 2019 | 2019-12-31 | $138.0M | $30.3M | +28.18% |
| Q3 2019 | 2019-09-30 | $130.0M | $27.5M | +26.79% |
| Q2 2019 | 2019-06-30 | $122.8M | $20.6M | +20.11% |
| Q1 2019 | 2019-03-31 | $112.0M | $14.2M | +14.49% |
| Q4 2018 | 2018-12-31 | $107.6M | $14.5M | +15.57% |
| Q3 2018 | 2018-09-30 | $102.5M | $13.6M | +15.34% |
| Q2 2018 | 2018-06-30 | $102.2M | $14.1M | +15.96% |
| Q1 2018 | 2018-03-31 | $97.8M | $11.9M | +13.80% |
| Q4 2017 | 2017-12-31 | $93.1M | $15.2M | +19.52% |
| Q3 2017 | 2017-09-30 | $88.9M | $15.3M | +20.81% |
| Q2 2017 | 2017-06-30 | $88.2M | $17.2M | +24.23% |
| Q1 2017 | 2017-03-31 | $86.0M | $19.2M | +28.73% |
| Q4 2016 | 2016-12-31 | $77.9M | $7.7M | +11.00% |
| Q3 2016 | 2016-09-30 | $73.6M | $13.8M | +23.08% |
| Q2 2016 | 2016-06-30 | $71.0M | $11.1M | +18.44% |
| Q1 2016 | 2016-03-31 | $66.8M | $15.4M | +30.06% |
| Q4 2015 | 2015-12-31 | $70.2M | $13.5M | +23.80% |
| Q3 2015 | 2015-09-30 | $59.8M | $11.4M | +23.49% |
| Q2 2015 | 2015-06-30 | $59.9M | $13.8M | +29.93% |
| Q1 2015 | 2015-03-31 | $51.3M | $15.3M | +42.32% |
| Q4 2014 | 2014-12-31 | $56.7M | $19.9M | +54.23% |
| Q3 2014 | 2014-09-30 | $48.4M | $17.0M | +54.30% |
| Q2 2014 | 2014-06-30 | $46.1M | $14.0M | +43.66% |
| Q1 2014 | 2014-03-31 | $36.1M | $5.3M | +17.41% |
| Q4 2013 | 2013-12-31 | $36.8M | $7.2M | +24.22% |
| Q3 2013 | 2013-09-30 | $31.4M | $7.1M | +29.44% |
| Q2 2013 | 2013-06-30 | $32.1M | $8.9M | +38.57% |
| Q1 2013 | 2013-03-31 | $30.7M | $10.3M | +50.44% |
| Q4 2012 | 2012-12-31 | $29.6M | $9.3M | +45.72% |
| Q3 2012 | 2012-09-30 | $24.2M | $6.3M | +35.40% |
| Q2 2012 | 2012-06-30 | $23.2M | $2.7M | +13.11% |
| Q1 2012 | 2012-03-31 | $20.4M | $4.9M | +31.90% |
| Q4 2011 | 2011-12-31 | $20.3M | — | — |
| Q3 2011 | 2011-09-30 | $17.9M | — | — |
| Q2 2011 | 2011-06-30 | $20.5M | — | — |
| Q1 2011 | 2011-03-31 | $15.5M | — | — |
EPAM Systems operating expenses trends
Over the last five fiscal years, EPAM Systems's operating expenses increased from $547.6M to $1.05B, a change of $505.9M. The latest reported quarter, Q2 2026, shows $277.3M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review EPAM Systems source filings ↗