What is EPAM Systems's capex?

EPAM Systems (EPAM) reported capex of $17.86M in Q1 2026.

How has EPAM Systems's capex changed year-over-year?

EPAM Systems's capex increased by 91.4% year-over-year, from $9.33M to $17.86M.

What is the long-term trend for EPAM Systems's capex?

Over 4 years (2021 to 2025), EPAM Systems's capex has grown at a -21.5% compound annual growth rate (CAGR), from $111.5M to $42.24M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

EPAM Systems EPAM CapEx

CapEx at other companies

CognizantCTSH

$76M-1.3%

AccentureACN

$186.22M+10.1%

Insight EnterprisesNSIT

$6M-15.9%

PegasystemsPEGA

$5.73M+205%

Open TextOTEX

$49.72M+75.0%

AdobeADBE

$58M+23.4%

Other financials

Income statement

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Revenue$1.4B+7.6%

Gross profit$388.0M+11.0%

Operating income$116.8M+17.6%

Net income$82.5M+12.3%

EPS (diluted)$1.52+18.8%

Balance sheet

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Cash & equivalents$1.0B-11.5%

Total debt$287.9M+82.1%

Total equity$3.4B-5.8%

Total assets$4.7B-0.4%

Cash flow

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Operating cash flow-$36.4M-250%

Free cash flow-$54.2M-466%

Valuation

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Market cap$4B-23.7%

Enterprise value$3.25B-23.4%

P/E10.4×-2.4×

P/S0.7×-0.4×

Profitability

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Gross margin29%-1.2pp

Operating margin9.7%-1.3pp

Net margin7%-1.5pp

FCF margin9.8%+1.2pp

Returns & leverage

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Return on equity10.9%-0.6pp

Debt / equity0.1×0.0×

Current ratio2.7×-0.4×

Where this comes from

Reported directly by EPAM Systems in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: EPAM Systems’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is EPAM Systems's capex?: EPAM Systems (EPAM) reported capex of $17.86M in Q1 2026.
How has EPAM Systems's capex changed year-over-year?: EPAM Systems's capex increased by 91.4% year-over-year, from $9.33M to $17.86M.
What is the long-term trend for EPAM Systems's capex?: Over 4 years (2021 to 2025), EPAM Systems's capex has grown at a -21.5% compound annual growth rate (CAGR), from $111.5M to $42.24M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.