EPAM Systems Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	1,296	1,286	2,036	1,681	1,447
Short-Term Investments	-	-	60.74	60.34	-
Cash & Short-Term Investments	1,296	1,286	2,097	1,742	1,447
Cash Growth	0.76%	-38.66%	20.40%	20.40%	4.67%
Accounts Receivable	1,108	1,002	897.03	932.63	768.93
Other Receivables	21.6	23.1	-	-	-
Receivables	1,130	1,025	897.03	932.63	768.93
Prepaid Expenses	104.69	113.87	81.65	72.7	52
Restricted Cash	1.34	0.84	5.29	0.43	0.5
Other Current Assets	1.98	-	10.42	12.19	1.43
Total Current Assets	2,534	2,426	3,091	2,760	2,269
Property, Plant & Equipment	317.26	335.91	369.95	422.13	421.06
Long-Term Investments	36.7	38.5	31.7	28.4	27.5
Goodwill	1,211	1,182	562.46	529.07	530.72
Other Intangible Assets	406.59	436.42	71.12	77.65	101.14
Long-Term Deferred Tax Assets	295.12	269.8	197.9	172.8	143.93
Other Long-Term Assets	102.02	62.02	27.88	19.48	29.4
Total Assets	4,902	4,750	4,352	4,009	3,523
Accounts Payable	55.33	44.7	31.99	30.85	24.85
Accrued Expenses	662.28	528.69	452.6	523.3	552.92
Short-Term Debt	-	-	-	2.86	16.02
Current Portion of Leases	37.17	39.63	36.56	40.35	50.1
Current Income Taxes Payable	25.52	50.4	38.81	46.07	27.44
Current Unearned Revenue	104.22	59.32	27.99	36.04	39.81
Other Current Liabilities	92.42	98.3	56.98	68.01	52.28
Total Current Liabilities	976.94	821.04	644.93	747.48	763.42
Long-Term Debt	25.03	25.19	26.13	27.69	30.23
Long-Term Leases	81.5	98.43	109.26	122.32	142.8
Long-Term Unearned Revenue	0.67	0.74	0.95	0.04	0.08
Pension & Post-Retirement Benefits	38.08	27.47	14.91	9.79	3.49
Long-Term Deferred Tax Liabilities	76.97	92.36	8.74	12.8	18.3
Other Long-Term Liabilities	25.13	54.09	75.97	86.01	69.06
Total Liabilities	1,224	1,119	880.9	1,006	1,027
Common Stock	0.05	0.06	0.06	0.06	0.06
Additional Paid-In Capital	1,390	1,190	1,009	847.97	711.91
Retained Earnings	2,268	2,556	2,501	2,249	1,830
Treasury Stock	-	-	-	-0.12	-0.18
Comprehensive Income & Other	18.55	-116.86	-39.04	-95.32	-54.21
Total Common Equity	3,677	3,629	3,471	3,002	2,487
Minority Interest	0.58	1.94	0.58	1.48	8.72
Shareholders' Equity	3,678	3,631	3,471	3,003	2,496
Total Liabilities & Equity	4,902	4,750	4,352	4,009	3,523
Total Debt	143.7	163.25	171.95	193.22	239.16
Net Cash (Debt)	1,152	1,123	1,925	1,548	1,207
Net Cash Growth	2.61%	-41.66%	24.32%	28.24%	8.22%
Net Cash Per Share	20.49	19.37	32.58	26.17	20.44
Filing Date Shares Outstanding	54.14	56.89	57.83	57.68	56.88
Total Common Shares Outstanding	54.27	56.87	57.79	57.66	56.85
Working Capital	1,557	1,605	2,446	2,012	1,506
Book Value Per Share	67.75	63.82	60.06	52.06	43.75
Tangible Book Value	2,060	2,011	2,837	2,395	1,855
Tangible Book Value Per Share	37.96	35.37	49.10	41.54	32.63
Land	1.34	1.34	1.34	1.34	1.34
Buildings	57.19	57.19	54.9	54.63	55.39
Machinery	197.43	186.55	196.89	198.48	222.39
Construction In Progress	52.34	52.26	51.48	51.5	50.13
Leasehold Improvements	44.38	39.28	37.19	32.95	37.83

Source: S&P Global Market Intelligence. Standard template. Financial Sources.