Free Cash Flow for EPAM Systems (EPAM)
Free Cash Flow for EPAM Systems (EPAM): headline value $612.69M · YoY +16.3%. Annual and quarterly series, chart, and tables are below.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
EPAM
Currently viewingFree Cash FlowSwitch metric
Latest period
$612.69M
YoY change
+16.3%
5Y CAGR
+5.2%
Peak year (2025)
$612.69M
Latest annual
$612.69M
Free Cash Flow history chart for EPAM Systems (EPAM) from 2009 to 2025
Free Cash Flow history table for EPAM Systems (EPAM) from 2009 to 2025
| Fiscal year | Period ended | Reported | Free Cash Flow | YoY |
|---|---|---|---|---|
| 2025 | $612.69M | +16.3% | ||
| 2024 | $527.02M | -1.3% | ||
| 2023 | $534.22M | +39.7% | ||
| 2022 | $382.48M | -17.0% | ||
| 2021 | $460.83M | -3.1% | ||
| 2020 | $475.61M | +152.8% | ||
| 2019 | $188.15M | -26.1% | ||
| 2018 | $254.64M | +53.8% | ||
| 2017 | $165.56M | +22.2% | ||
| 2016 | $135.50M | +131.9% | ||
| 2015 | $58.43M | -34.4% | ||
| 2014 | $89.03M | +110.5% | ||
| 2013 | $42.30M | +97.5% | ||
| 2012 | $21.42M | -42.8% | ||
| 2011 | $37.43M | +209.1% | ||
| 2010 | $12.11M | -51.7% | ||
| 2009 | $25.06M | — |
Free Cash Flow 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
The 2025 reading of EPAM Systems (EPAM) free cash flow is $612.69M – grew 16.3% year-over-year.
Over 2020–2025 (5 years), EPAM Systems free cash flow expanded at a +5.2% compound annual rate, with the latest reading among the more recent periods of the dataset.
Across the available history, free cash flow reached its high of $612.69M in 2025 and its low of $12.11M in 2010.
Within Technology, EPAM Systems (EPAM) ranks 9th among 8 peers we track. The peer median for free cash flow is $49.26B.
EPAM Systems Free Cash Flow by Year
EPAM Systems Free Cash Flow 2025: $612.69M
EPAM Systems free cash flow in 2025 was $612.69M, grew 16.3% from 2024. This figure represents the highest annual value in the available history.
EPAM Systems Free Cash Flow 2024: $527.02M
EPAM Systems free cash flow in 2024 was $527.02M, edged down 1.3% below 2023.
EPAM Systems Free Cash Flow 2023: $534.22M
EPAM Systems free cash flow in 2023 was $534.22M, surged 39.7% from 2022.
EPAM Systems Free Cash Flow 2022: $382.48M
EPAM Systems free cash flow in 2022 was $382.48M, declined 17.0% below 2021.
EPAM Systems Free Cash Flow 2021: $460.83M
EPAM Systems free cash flow in 2021 was $460.83M.
See more financial history for EPAM Systems (EPAM).
Sector peers — Free Cash Flow
Companies in the same sector as EPAM Systems, ranked by their latest free cash flow.
| Company | Free Cash Flow | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.10T | Technology |
| Apple Inc. (AAPL) | $98.77B | Technology |
| NVIDIA Corporation (NVDA) | $96.68B | Technology |
| Microsoft Corporation (MSFT) | $71.61B | Technology |
| Broadcom Inc. (AVGO) | $26.91B | Technology |
| ASML Holding N.V. (ASML) | $10.65B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $6.74B | Technology |
| Micron Technology, Inc. (MU) | $1.67B | Technology |
Frequently asked questions
What is EPAM Systems's free cash flow?
Latest reported free cash flow for EPAM Systems (EPAM) is $612.69M (period ending December 31, 2025).
How has EPAM Systems free cash flow changed year-over-year?
EPAM Systems (EPAM) free cash flow changed +16.3% year-over-year on the latest annual filing.
What is the long-term growth rate of EPAM Systems free cash flow?
EPAM Systems (EPAM) free cash flow compound annual growth rate is +5.2% over the most recent 5 years available.
When did EPAM Systems free cash flow hit its highest annual value?
EPAM Systems free cash flow reached its highest annual value of $612.69M in 2025.
What was EPAM Systems free cash flow in 2024?
EPAM Systems (EPAM) free cash flow in 2024 was $527.02M.
What was EPAM Systems free cash flow in 2025?
EPAM Systems (EPAM) free cash flow in 2025 was $612.69M.
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