Filing Flows › Epam Systems (EPAM) › Operating margin
Epam Systems (EPAM) operating margin by quarter
Epam Systems' operating margin was 12.3% in Q3 2026 (third quarter 2026), +1.6 pts from Q2 2026. Over the last 7 quarters it ranged from 7.6% (Q1 2025) to 12.3% (Q3 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 12.3% | +1.6 pts | +1.9 pts |
| Q2 2026 | 10.8% | +2.4 pts | +1.4 pts |
| Q1 2026 | 8.3% | -2.3 pts | +0.7 pts |
| Q4 2025 | 10.6% | +0.2 pts | — |
| Q3 2025 | 10.4% | +1.1 pts | — |
| Q2 2025 | 9.3% | +1.7 pts | — |
| Q1 2025 | 7.6% | — | — |
Q3 2026 at a glance
Epam Systems, Q3 2026: revenue $1.4B (+2% year over year), operating margin 12.3%, net earnings $130M, operating cash flow $289M. The chart follows the revenue to costs, profit and cash.
Questions
What is Epam Systems' operating margin?
Epam Systems' operating margin was 12.3% in Q3 2026 (third quarter 2026), +1.6 pts from Q2 2026.
How has Epam Systems' operating margin changed?
Over the last 7 quarters it ranged from 7.6% (Q1 2025) to 12.3% (Q3 2026).