Company / Operating Margin
EPAM Systems Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
9.5%
FY2025
5-year range
9.5% / 14.4%
FY2021-FY2025
Trend
-17.3%
vs FY2024
Sector context
#111 of 285
Information Technology
What the data says
At 9.5%, EPAM Systems's operating margin ranks #111 of 285 in the Information Technology sector. Operating Margin has fluctuated over the past 10 years, ranging from 9.5% in FY2025 to 14.4% in FY2023.
Based on SEC 10-K filings.
9.5% in FY2025 with a 5-year CAGR of -4.7%.
Declined from 14.4% to 9.5% over the past 2 years.
Information Technology sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- -4.7pp
- 5-Year Change
- -4.7pp
- 10-Year Change
- -
Sector benchmark
#111 of 285 in Information TechnologyTop 39% of 285This company 9.5% Sector average -211.6%
▼
+104.5% above sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 17.3% year-over-year.
- Currently 221.1pp above the Information Technology sector average.
- Peak operating margin was recorded in FY2023.
Company context
Key Data Points
- Altman Z-Score 3.32 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 9.5% | -17.3% |
| FY2024 | 11.5% | -20.2% |
| FY2023 | 14.4% | +1.2% |
| FY2022 | 14.3% | +8.0% |
| FY2021 | 13.2% | -7.4% |
| FY2020 | 14.3% | +8.0% |
| FY2019 | 13.2% | -1.0% |
| FY2018 | 13.3% | +11.9% |
| FY2017 | 11.9% | +3.5% |
| FY2016 | 11.5% | -0.6% |
As of FY2025 · SEC 10-K · Updated Jul 2, 2026