In depth
Each EPSS score is a probability between 0 and 1, paired with a percentile rank indicating where the score sits relative to all other CVEs on that day. A CVE with EPSS 0.97 (97% probability of exploitation in the next 30 days, typically in the top 1% of all CVEs) is operationally urgent regardless of CVSS. A CVE with EPSS 0.001 and 50th-percentile rank may have a CVSS of 9.8 but is unlikely to be exploited in practice, and patching it ahead of higher-EPSS CVEs is a misallocation of remediation effort.
The data behind EPSS is the operationally interesting part. Roughly 5% of CVEs ever observe a public exploit. Of those, only a fraction are weaponised at scale. Of those, only a fraction become opportunistic-scanning targets. A naive "patch by CVSS" prioritisation strategy therefore over-patches by an order of magnitude on vulnerabilities that adversaries will never use. The EPSS-based pattern is to triage on the intersection of CVSS (severity) and EPSS (likelihood) — high on both is operational urgent; high CVSS and low EPSS is "patch on the normal cycle"; low CVSS and high EPSS is "watch closely, especially if exposed to the internet."
EPSS is most effective when combined with CISA's KEV (Known Exploited Vulnerabilities) catalog — KEV is the binary "this is confirmed exploited in the wild" signal, EPSS is the continuous "how likely is this to be exploited" signal. Mature vulnerability-management programmes consume both and adjust SLA-to-patch based on the combined signal. See VAPT services and CVSS.