Upcoming Oracle EPM Cloud upgrade will be in Nov 2025. As the backend engine for EPM applications is Essbase, this was an Essbase upgrade that affects the apps. The new Essbase version will be 21.7.xx. This will affect EPM Financials module, Workforce module, FCCS, Custom cubes, and Narrative reporting. EDM and ARCS will not be affected.
This version is not backward compatible.