Operating CF
$594.41M
Capex
−$50.77M
Free Cash Flow
$543.64M
FCF Margin
+91.5%
Cash flow waterfall for EPAM Systems (EPAM) — TTM through Q1 2026
Free cash flow: $543.64M
Cash flow breakdown for EPAM Systems (EPAM) — TTM through Q1 2026
| Line item | Amount | Running total |
|---|---|---|
| Operating Cash Flow | $594.41M | $594.41M |
| Capital Expenditure | −$50.77M | $543.64M |
| Free Cash Flow | $543.64M | $543.64M |
| Other Investing | −$8.61M | $535.03M |
| Share Buybacks | −$602.62M | −$67.59M |
| Net Debt Change | $139.44M | $71.85M |
| Other Financing | −$230.71M | −$158.86M |
| Forex Effect | $22.97M | −$135.88M |
| Net Cash Decrease | −$135.88M | −$135.88M |
- Operating Cash Flow$594.41M
- Capital Expenditure−$50.77M
- Free Cash Flow$543.64M
- Other Investing−$8.61M
- Share Buybacks−$602.62M
- Net Debt Change$139.44M
- Other Financing−$230.71M
- Forex Effect$22.97M
- Net Cash Decrease−$135.88M
Want to see what drove the FCF change?Free Cash Flow Bridge
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