TTM
$678M
YoY change
-11.4%
5Y CAGR
+4.4%
Peak year (FY2024)
$712M
Cumulative EBITDA
$5.57B
EBITDA history chart for EPAM Systems (EPAM) from 2016 to 2025
Latest: $630M
EBITDA growth chart for EPAM Systems (EPAM) from 2016 to 2025
Latest: -11.4%
EBITDA history table for EPAM Systems (EPAM) from 2009 to 2025
| FY2025 | $630M | -11.4% | -$81.1M | ||
| FY2024 | $712M | +7.8% | +$51.7M | ||
| FY2023 | $660M | +1.9% | +$12.6M | ||
| FY2022 | $647M | -4.8% | -$33M | ||
| FY2021 | $680M | +33.8% | +$172M | ||
| FY2020 | $509M | +25.9% | +$105M | ||
| FY2019 | $404M | +43.1% | +$122M | ||
| FY2018 | $282M | +40.1% | +$80.9M | ||
| FY2017 | $202M | +28.3% | +$44.4M | ||
| FY2016 | $157M | +27.3% | +$33.7M | ||
| FY2015 | $123M | +16.5% | +$17.5M | ||
| FY2014 | $106M | +15.6% | +$14.3M | ||
| FY2013 | $91.6M | +19.2% | +$14.7M | ||
| FY2012 | $76.9M | +19.7% | +$12.6M | ||
| FY2011 | $64.2M | +64.6% | +$25.2M | ||
| FY2010 | $39M | +93.1% | +$18.8M | ||
| FY2009 | $20.2M | — | — |
- FY2025$630M-11.4%
- FY2024$712M+7.8%
- FY2023$660M+1.9%
- FY2022$647M-4.8%
- FY2021$680M+33.8%
- FY2020$509M+25.9%
- FY2019$404M+43.1%
- FY2018$282M+40.1%
- FY2017$202M+28.3%
- FY2016$157M+27.3%
- FY2015$123M+16.5%
- FY2014$106M+15.6%
- FY2013$91.6M+19.2%
- FY2012$76.9M+19.7%
- FY2011$64.2M+64.6%
- FY2010$39M+93.1%
- FY2009$20.2M—
EBITDA values are taken from EPAM Systems's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About EBITDA at EPAM Systems (EPAM)
According to EPAM Systems's latest reported financial statements, the company's current EBITDA (TTM) is $678M. 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 .
In 2025, EPAM Systems (EPAM) EBITDA totalled $630M – declined 11.4% year-over-year.
Looking at the 2020–2025 (5 years) stretch, EPAM Systems EBITDA compounded at +4.4% per year, with mixed annual results across the window.
EPAM Systems EBITDA peaked at $712M in 2024; the latest annual figure is $630M in 2025 (11.4% below peak).
2024 marks the peak EBITDA at $712M, with the historical low of $20.2M recorded in 2009.
EPAM Systems EBITDA by Year
EPAM Systems EBITDA 2025: $630M
In 2025, EPAM Systems reported EBITDA of $630M, declined 11.4% below 2024.
EPAM Systems EBITDA 2024: $712M
EPAM Systems EBITDA in 2024 was $712M, grew 7.8% from 2023. This figure represents the highest annual value in the available history.
EPAM Systems EBITDA 2023: $660M
2023's EBITDA for EPAM Systems came in at $660M, edged up 1.9% from 2022.
EPAM Systems EBITDA 2022: $647M
EPAM Systems posted EBITDA of $647M in 2022, edged down 4.8% below 2021.
EPAM Systems EBITDA 2021: $680M
EPAM Systems EBITDA in 2021 was $680M.
See more financial history for EPAM Systems (EPAM).
Sector peers by EBITDA
Technology peers of EPAM Systems (EPAM), ranked by their latest EBITDA
| $208B | |
| $145B | |
| $144B | |
| $88.7B | |
| $34.7B | |
| $18.5B | |
| $7.28B |
- $208B
- $145B
- $144B
- $88.7B
- $34.7B
- $18.5B
- $7.28B
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