EPAM Systems Quarterly Cash Flow Statement
NYSE: EPAMTechnologyEDP ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
EPAM Systems free cash flow
In the quarter ended Jun 30, 2026, EPAM Systems generated -$2.4 million of operating cash flow and spent $15.2 million on capital expenditures. That left free cash flow of -$17.6 million, a free-cash-flow margin of -1.2% of revenue. Free cash flow was down 140.7% from the prior year's $43.4 million.
EPAM Systems returned $85.0 million to shareholders through share repurchases.
Summary generated from market data by MetaCap's automated system. Methodology
EPAM Systems cash flow statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 102.98M | 82.52M | 109.35M | 106.82M | 88.03M | 73.48M | 103.30M | 136.35M | 98.64M | 116.24M | 97.55M | 97.20M |
| Net Income growth (YoY) | +16.99% | +12.30% | +5.86% | -21.66% | -10.76% | -36.79% | +5.89% | +40.27% | -17.82% | +13.64% | -37.08% | -37.71% |
| Depreciation & Amortization | 32.10M | 31.54M | 30.79M | 31.31M | 31.27M | 31.44M | 26.56M | 19.74M | 21.12M | 22.15M | 23.16M | 23.09M |
| Stock-Based Compensation | 46.40M | 49.92M | 45.15M | 44.60M | 38.56M | 48.46M | 44.70M | 42.12M | 35.68M | 44.79M | 38.19M | 37.85M |
| Change in Working Capital | 6.09M | -28.86M | -27.65M | -3.85M | 12.63M | -8.66M | -49.27M | -50.77M | 3.69M | -9.70M | -5.48M | 3.28M |
| Operating Cash Flow | -2.42M | -36.36M | 282.89M | 294.68M | 53.20M | 24.16M | 130.26M | 241.96M | 57.03M | 129.92M | 171.37M | 214.88M |
| Capital Expenditures | -15.21M | -17.86M | -14.78M | -8.30M | -9.83M | -9.33M | -15.73M | -4.97M | -4.70M | -6.75M | -9.99M | -3.62M |
| Investing Cash Flow | -16.51M | -15.65M | -16.25M | -9.28M | -18.21M | -5.31M | -845.88M | 34.74M | -22.85M | -50.99M | -20.70M | -10.56M |
| Share Repurchases | -85.00M | -323.98M | -223.53M | -82.10M | -196.50M | -160.00M | -13.00M | -49.95M | -214.48M | -120.59M | -36.49M | -78.49M |
| Debt Issued | 40.00M | 140.00M | — | — | 0 | 0 | 8.00K | 0 | 0 | 0 | 61.00K | 591.00K |
| Financing Cash Flow | -233.15M | -192.20M | -211.98M | -85.65M | -204.06M | -149.51M | 1.26M | -53.51M | -226.08M | -112.08M | -22.36M | -80.59M |
| Net Change in Cash | -248.33M | -258.76M | 57.86M | 197.03M | -132.02M | -111.89M | -750.32M | 249.10M | -198.79M | -52.71M | 163.33M | 101.00M |
| Free Cash Flow | -17.64M | -54.22M | 268.11M | 286.38M | 43.37M | 14.83M | 114.53M | 237.00M | 52.32M | 123.17M | 161.37M | 211.25M |
This table shows 12 quarterly periods of EPAM Systems's cash flow statement, from Q2 2026 back to Q3 2023, across 12 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow EPAM's reporting calendar. What is a cash flow statement?