Operating Income for EPAM Systems (EPAM)
According to EPAM Systems's latest reported financial statements, the company's current operating income (TTM) is $531.10M USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .
EPAM
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$531.10M
YoY change
-4.3%
5Y CAGR
+6.6%
Peak year (2022)
$572.97M
Cumulative operating income
$4.36B
Operating Income history chart for EPAM Systems (EPAM) from 2009 to 2025
Operating Income history table for EPAM Systems (EPAM) from 2009 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $521.16M | -4.3% | ||
| 2024 | $544.58M | +8.6% | ||
| 2023 | $501.24M | -12.5% | ||
| 2022 | $572.97M | +5.7% | ||
| 2021 | $542.32M | +43.0% | ||
| 2020 | $379.32M | +25.3% | ||
| 2019 | $302.85M | +23.2% | ||
| 2018 | $245.76M | +42.1% | ||
| 2017 | $172.95M | +29.4% | ||
| 2016 | $133.70M | +26.2% | ||
| 2015 | $105.97M | +23.0% | ||
| 2014 | $86.18M | +12.7% | ||
| 2013 | $76.49M | +15.9% | ||
| 2012 | $66.01M | +20.0% | ||
| 2011 | $55.01M | +67.8% | ||
| 2010 | $32.79M | +105.2% | ||
| 2009 | $15.98M | — |
Operating Income 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
As of the 2025 fiscal year, EPAM Systems (EPAM) reported operating income of $521.16M – edged down 4.3% year-over-year.
Over 2020–2025 (5 years), EPAM Systems operating income expanded at a +6.6% compound annual rate, with the latest reading among the more recent periods of the dataset.
EPAM Systems operating income peaked at $572.97M in 2022; the latest annual figure is $521.16M in 2025 (9.0% below peak).
2022 marks the peak operating income at $572.97M, with the historical low of $15.98M recorded in 2009.
Among 8 Technology peers, EPAM Systems (EPAM) ranks 9th; the peer median for operating income is $77.01B.
EPAM Systems Operating Income by Year
EPAM Systems Operating Income 2025: $521.16M
EPAM Systems operating income in 2025 was $521.16M, edged down 4.3% below 2024.
EPAM Systems Operating Income 2024: $544.58M
EPAM Systems operating income in 2024 was $544.58M, grew 8.6% from 2023.
EPAM Systems Operating Income 2023: $501.24M
EPAM Systems operating income in 2023 was $501.24M, declined 12.5% below 2022.
EPAM Systems Operating Income 2022: $572.97M
EPAM Systems operating income in 2022 was $572.97M, grew 5.7% from 2021. This figure represents the highest annual value in the available history.
EPAM Systems Operating Income 2021: $542.32M
EPAM Systems operating income in 2021 was $542.32M.
See more financial history for EPAM Systems (EPAM).
Sector peers — Operating Income
Companies in the same sector as EPAM Systems, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.96T | Technology |
| Apple Inc. (AAPL) | $133.05B | Technology |
| NVIDIA Corporation (NVDA) | $130.39B | Technology |
| Microsoft Corporation (MSFT) | $128.53B | Technology |
| Broadcom Inc. (AVGO) | $25.48B | Technology |
| ASML Holding N.V. (ASML) | $11.30B | Technology |
| Micron Technology, Inc. (MU) | $9.87B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $3.69B | Technology |
Frequently asked questions
What is EPAM Systems's operating income?
- Latest reported operating income for EPAM Systems (EPAM) is $531.10M (period ending December 31, 2025).
How has EPAM Systems operating income changed year-over-year?
- EPAM Systems (EPAM) operating income changed -4.3% year-over-year on the latest annual filing.
What is the long-term growth rate of EPAM Systems operating income?
- EPAM Systems (EPAM) operating income compound annual growth rate is +6.6% over the most recent 5 years available.
When did EPAM Systems operating income hit its highest annual value?
- EPAM Systems operating income reached its highest annual value of $572.97M in 2022.
What was EPAM Systems operating income in 2024?
- EPAM Systems (EPAM) operating income in 2024 was $544.58M.
What was EPAM Systems operating income in 2025?
- EPAM Systems (EPAM) operating income in 2025 was $521.16M.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
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