Latest period
$544M
YoY change
+16.3%
5Y CAGR
+5.2%
Peak year (FY2025)
$613M
Latest annual
$613M
Free Cash Flow history chart for EPAM Systems (EPAM) from 2016 to 2025
Latest: $613M
Free Cash Flow growth chart for EPAM Systems (EPAM) from 2016 to 2025
Latest: +16.3%
Free Cash Flow history table for EPAM Systems (EPAM) from 2009 to 2025
| FY2025 | $613M | +16.3% | +$85.7M | ||
| FY2024 | $527M | -1.3% | -$7.2M | ||
| FY2023 | $534M | +39.7% | +$152M | ||
| FY2022 | $382M | -17.0% | -$78.4M | ||
| FY2021 | $461M | -3.1% | -$14.8M | ||
| FY2020 | $476M | +152.8% | +$287M | ||
| FY2019 | $188M | -26.1% | -$66.5M | ||
| FY2018 | $255M | +53.8% | +$89.1M | ||
| FY2017 | $166M | +22.2% | +$30.1M | ||
| FY2016 | $136M | +131.9% | +$77.1M | ||
| FY2015 | $58.4M | -34.4% | -$30.6M | ||
| FY2014 | $89M | +110.5% | +$46.7M | ||
| FY2013 | $42.3M | +97.5% | +$20.9M | ||
| FY2012 | $21.4M | -42.8% | -$16M | ||
| FY2011 | $37.4M | +209.1% | +$25.3M | ||
| FY2010 | $12.1M | -51.7% | -$13M | ||
| FY2009 | $25.1M | — | — |
- FY2025$613M+16.3%
- FY2024$527M-1.3%
- FY2023$534M+39.7%
- FY2022$382M-17.0%
- FY2021$461M-3.1%
- FY2020$476M+152.8%
- FY2019$188M-26.1%
- FY2018$255M+53.8%
- FY2017$166M+22.2%
- FY2016$136M+131.9%
- FY2015$58.4M-34.4%
- FY2014$89M+110.5%
- FY2013$42.3M+97.5%
- FY2012$21.4M-42.8%
- FY2011$37.4M+209.1%
- FY2010$12.1M-51.7%
- FY2009$25.1M—
Free Cash Flow values are taken from EPAM Systems's reported cash flow 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 Free Cash Flow at EPAM Systems (EPAM)
Free Cash Flow for EPAM Systems (EPAM): headline value $544M · 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 .
The 2025 reading of EPAM Systems (EPAM) free cash flow is $613M – 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 mixed annual results across the window.
Across the available history, free cash flow reached its high of $613M in 2025 and its low of $12.1M in 2010.
EPAM Systems Free Cash Flow by Year
EPAM Systems Free Cash Flow 2025: $613M
2025's free cash flow for EPAM Systems came in at $613M, grew 16.3% from 2024. This figure represents the highest annual value in the available history.
EPAM Systems Free Cash Flow 2024: $527M
EPAM Systems posted free cash flow of $527M in 2024, edged down 1.3% below 2023.
EPAM Systems Free Cash Flow 2023: $534M
In 2023, EPAM Systems reported free cash flow of $534M, surged 39.7% from 2022.
EPAM Systems Free Cash Flow 2022: $382M
EPAM Systems free cash flow in 2022 was $382M, declined 17.0% below 2021.
EPAM Systems Free Cash Flow 2021: $461M
EPAM Systems free cash flow in 2021 was $461M.
See more financial history for EPAM Systems (EPAM).
Sector peers by Free Cash Flow
Technology peers of EPAM Systems (EPAM), ranked by their latest free cash flow
| $98.8B | |
| $96.7B | |
| $67B | |
| $35.4B | |
| $26.9B | |
| $6.74B | |
| $1.67B |
- $98.8B
- $96.7B
- $67B
- $35.4B
- $26.9B
- $6.74B
- $1.67B
Frequently asked questions
EPAM Systems (EPAM) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation
How this company returns cash to shareholders — buybacks, dividends, and stock splits.