EBITDA for EPAM Systems (EPAM)
According to EPAM Systems's latest reported financial statements, the company's current EBITDA (TTM) is $658.64M USD. EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a common proxy for operating cash generation that strips out non-cash charges (depreciation and amortization) and capital structure effects (interest, taxes). Useful for comparing companies with different leverage and asset bases — see operating income and net income for fully GAAP figures.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

EPAM
Currently viewingEBITDASwitch metric
TTM (last 4 quarters)
$658.64M
YoY change
-6.1%
5Y CAGR
+4.4%
Peak year (2022)
$713.01M
Cumulative EBITDA
$5.43B
EBITDA history chart for EPAM Systems (EPAM) from 2009 to 2025
EBITDA history table for EPAM Systems (EPAM) from 2009 to 2025
| Fiscal year | Period ended | Reported | EBITDA | YoY |
|---|---|---|---|---|
| 2025 | $630.43M | -6.1% | ||
| 2024 | $671.69M | +1.8% | ||
| 2023 | $659.86M | -7.5% | ||
| 2022 | $713.01M | +4.8% | ||
| 2021 | $680.27M | +33.8% | ||
| 2020 | $508.57M | +25.9% | ||
| 2019 | $404.03M | +43.1% | ||
| 2018 | $282.40M | +40.1% | ||
| 2017 | $201.51M | +28.3% | ||
| 2016 | $157.08M | +27.3% | ||
| 2015 | $123.36M | +16.5% | ||
| 2014 | $105.91M | +15.6% | ||
| 2013 | $91.61M | +19.2% | ||
| 2012 | $76.89M | +19.7% | ||
| 2011 | $64.24M | +64.6% | ||
| 2010 | $39.03M | +93.1% | ||
| 2009 | $20.21M | — |
EBITDA values are taken from EPAM Systems's reported income 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
In 2025, EPAM Systems (EPAM) EBITDA totalled $630.43M – declined 6.1% year-over-year.
Looking at the 2020–2025 (5 years) stretch, EPAM Systems EBITDA compounded at +4.4% per year, with the latest reading among the more recent periods of the dataset.
EPAM Systems EBITDA peaked at $713.01M in 2022; the latest annual figure is $630.43M in 2025 (11.6% below peak).
2022 marks the peak EBITDA at $713.01M, with the historical low of $20.21M recorded in 2009.
Within Technology, EPAM Systems (EPAM) ranks 9th among 8 peers we track. The peer median for EBITDA is $89.57B.
EPAM Systems EBITDA by Year
EPAM Systems EBITDA 2025: $630.43M
EPAM Systems EBITDA in 2025 was $630.43M, declined 6.1% below 2024.
EPAM Systems EBITDA 2024: $671.69M
EPAM Systems EBITDA in 2024 was $671.69M, edged up 1.8% from 2023.
EPAM Systems EBITDA 2023: $659.86M
EPAM Systems EBITDA in 2023 was $659.86M, declined 7.5% below 2022.
EPAM Systems EBITDA 2022: $713.01M
EPAM Systems EBITDA in 2022 was $713.01M, edged up 4.8% from 2021. This figure represents the highest annual value in the available history.
EPAM Systems EBITDA 2021: $680.27M
EPAM Systems EBITDA in 2021 was $680.27M.
See more financial history for EPAM Systems (EPAM).
Sector peers — EBITDA
Companies in the same sector as EPAM Systems, ranked by their latest EBITDA.
| Company | EBITDA | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $2.75T | Technology |
| Microsoft Corporation (MSFT) | $160.16B | Technology |
| NVIDIA Corporation (NVDA) | $144.55B | Technology |
| Apple Inc. (AAPL) | $144.43B | Technology |
| Broadcom Inc. (AVGO) | $34.71B | Technology |
| Micron Technology, Inc. (MU) | $18.49B | Technology |
| ASML Holding N.V. (ASML) | $12.55B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $7.28B | Technology |
Frequently asked questions
What is EPAM Systems's EBITDA?
- Latest reported EBITDA for EPAM Systems (EPAM) is $658.64M (period ending December 31, 2025).
How has EPAM Systems EBITDA changed year-over-year?
- EPAM Systems (EPAM) EBITDA changed -6.1% year-over-year on the latest annual filing.
What is the long-term growth rate of EPAM Systems EBITDA?
- EPAM Systems (EPAM) EBITDA compound annual growth rate is +4.4% over the most recent 5 years available.
When did EPAM Systems EBITDA hit its highest annual value?
- EPAM Systems EBITDA reached its highest annual value of $713.01M in 2022.
What was EPAM Systems EBITDA in 2024?
- EPAM Systems (EPAM) EBITDA in 2024 was $671.69M.
What was EPAM Systems EBITDA in 2025?
- EPAM Systems (EPAM) EBITDA in 2025 was $630.43M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
EPAM Overview
Company profile, financial tools, and key metrics
EPAM Revenue Counter
Earns $173.04 every second. See per minute, hour, and day.
EPAM Earnings Counter
Earns $11.98 per second net profit. See per minute, hour, and day.
EPAM Economic Scale
Exceeds Eswatini's GDP. Compare with world economies.
EPAM What If Invested
What if you had invested $1,000? See historical returns from any date.
EPAM How It Makes Money
Discover visual breakdown of $5.46B in revenue — where it comes from and where it goes.
EPAM Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
EPAM Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
EPAM Daily Price Character
Explosive · 53.0% historical win rate (green days). Streaks & record days.
EPAM Buybacks
3.90% TTM buyback yield. Shareholder yield & SBC comparison.