Capital Expenditures for EPAM Systems (EPAM)
According to EPAM Systems's latest reported financial statements, the company's current capital expenditures (TTM) is $42.24M USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

EPAM
Currently viewingCapital ExpendituresSwitch metric
Latest period
$42.24M
YoY change
+31.4%
5Y CAGR
-9.3%
Peak year (2021)
$111.50M
Cumulative capital expenditures
$664.04M
CapEx history chart for EPAM Systems (EPAM) from 2009 to 2025
CapEx history table for EPAM Systems (EPAM) from 2009 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $42.24M | +31.4% | ||
| 2024 | $32.15M | +13.1% | ||
| 2023 | $28.41M | -65.2% | ||
| 2022 | $81.63M | -26.8% | ||
| 2021 | $111.50M | +62.1% | ||
| 2020 | $68.79M | -30.7% | ||
| 2019 | $99.31M | +164.3% | ||
| 2018 | $37.57M | +26.1% | ||
| 2017 | $29.81M | +1.7% | ||
| 2016 | $29.32M | +63.2% | ||
| 2015 | $17.96M | +13.4% | ||
| 2014 | $15.84M | -0.5% | ||
| 2013 | $15.92M | -41.2% | ||
| 2012 | $27.08M | +58.4% | ||
| 2011 | $17.09M | +104.3% | ||
| 2010 | $8.37M | +697.4% | ||
| 2009 | $1.05M | — |
CapEx values are taken from EPAM Systems's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
EPAM Systems (EPAM) most recent annual capital expenditures stands at $42.24M (2025) – surged 31.4% year-over-year.
Through 2020–2025 (5 years), EPAM Systems capital expenditures delivered a -9.3% annualised rate; sustaining 2 straight years of year-over-year growth.
EPAM Systems capital expenditures peaked at $111.50M in 2021; the latest annual figure is $42.24M in 2025 (62.1% below peak).
Across the available history, capital expenditures reached its high of $111.50M in 2021 and its low of $1.05M in 2009.
EPAM Systems (EPAM) sits 9th of 8 Technology peers we track on this metric, against a peer median of $9.38B.
EPAM Systems Capital Expenditures by Year
EPAM Systems Capital Expenditures 2025: $42.24M
EPAM Systems capital expenditures in 2025 was $42.24M, surged 31.4% from 2024.
EPAM Systems Capital Expenditures 2024: $32.15M
EPAM Systems capital expenditures in 2024 was $32.15M, grew 13.1% from 2023.
EPAM Systems Capital Expenditures 2023: $28.41M
EPAM Systems capital expenditures in 2023 was $28.41M, plunged 65.2% below 2022.
EPAM Systems Capital Expenditures 2022: $81.63M
EPAM Systems capital expenditures in 2022 was $81.63M, declined 26.8% below 2021.
EPAM Systems Capital Expenditures 2021: $111.50M
EPAM Systems capital expenditures in 2021 was $111.50M.
See more financial history for EPAM Systems (EPAM).
Sector peers — CapEx
Companies in the same sector as EPAM Systems, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.29T | Technology |
| Microsoft Corporation (MSFT) | $64.55B | Technology |
| Micron Technology, Inc. (MU) | $15.86B | Technology |
| Apple Inc. (AAPL) | $12.71B | Technology |
| NVIDIA Corporation (NVDA) | $6.04B | Technology |
| ASML Holding N.V. (ASML) | $1.51B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $974.00M | Technology |
| Broadcom Inc. (AVGO) | $623.00M | Technology |
Frequently asked questions
What is EPAM Systems's capital expenditures?
- Latest reported capital expenditures for EPAM Systems (EPAM) is $42.24M (period ending December 31, 2025).
How has EPAM Systems capital expenditures changed year-over-year?
- EPAM Systems (EPAM) capital expenditures changed +31.4% year-over-year on the latest annual filing.
What is the long-term growth rate of EPAM Systems capital expenditures?
- EPAM Systems (EPAM) capital expenditures compound annual growth rate is -9.3% over the most recent 5 years available.
When did EPAM Systems capital expenditures hit its highest annual value?
- EPAM Systems capital expenditures reached its highest annual value of $111.50M in 2021.
What was EPAM Systems capital expenditures in 2024?
- EPAM Systems (EPAM) capital expenditures in 2024 was $32.15M.
What was EPAM Systems capital expenditures in 2025?
- EPAM Systems (EPAM) capital expenditures in 2025 was $42.24M.
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