EPAM Systems Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,239	1,286	2,036	1,681	1,447	1,322
Short-Term Investments	-	1.69	60.74	60.34	-	60.01
Cash & Short-Term Investments	1,239	1,288	2,097	1,742	1,447	1,382
Cash Growth	-39.81%	-38.58%	20.40%	20.40%	4.67%	47.58%
Accounts Receivable	1,130	1,002	897.03	932.63	768.93	501.06
Other Receivables	12.7	23.1	-	-	-	-
Receivables	1,143	1,025	897.03	932.63	768.93	501.06
Prepaid Expenses	130.67	112.18	81.65	72.7	52	24.51
Restricted Cash	0.42	0.84	5.29	0.43	0.5	0.11
Other Current Assets	10.62	-	10.42	12.19	1.43	4.96
Total Current Assets	2,524	2,426	3,091	2,760	2,269	1,913
Property, Plant & Equipment	322.26	335.91	369.95	422.13	421.06	398.21
Long-Term Investments	36.5	38.5	31.7	28.4	27.5	25
Goodwill	1,209	1,182	562.46	529.07	530.72	211.96
Other Intangible Assets	419.81	436.42	71.12	77.65	101.14	51.98
Long-Term Deferred Tax Assets	235.32	269.8	197.9	172.8	143.93	92.45
Other Long-Term Assets	96.46	62.02	27.88	19.48	29.4	28.96
Total Assets	4,843	4,750	4,352	4,009	3,523	2,721
Accounts Payable	42.98	44.7	31.99	30.85	24.85	10.19
Accrued Expenses	684.94	528.69	452.6	523.3	552.92	329.23
Short-Term Debt	-	-	-	2.86	16.02	-
Current Portion of Leases	40.46	39.63	36.56	40.35	50.1	60.76
Current Income Taxes Payable	19.49	50.4	38.81	46.07	27.44	20.6
Current Unearned Revenue	43.88	59.32	27.99	36.04	39.81	17.38
Other Current Liabilities	3.51	98.3	56.98	68.01	52.28	27.79
Total Current Liabilities	835.26	821.04	644.93	747.48	763.42	465.95
Long-Term Debt	25.04	25.19	26.13	27.69	30.23	25.04
Long-Term Leases	89.72	98.43	109.26	122.32	142.8	180.6
Long-Term Unearned Revenue	0.63	0.74	0.95	0.04	0.08	0.09
Pension & Post-Retirement Benefits	-	27.47	14.91	9.79	3.49	5.4
Long-Term Deferred Tax Liabilities	96.96	92.36	8.74	12.8	18.3	3.3
Other Long-Term Liabilities	68.85	54.09	75.97	86.01	69.06	57.93
Total Liabilities	1,116	1,119	880.9	1,006	1,027	738.31
Common Stock	0.06	0.06	0.06	0.06	0.06	0.06
Additional Paid-In Capital	1,330	1,190	1,009	847.97	711.91	660.77
Retained Earnings	2,384	2,556	2,501	2,249	1,830	1,348
Treasury Stock	-	-	-	-0.12	-0.18	-0.18
Comprehensive Income & Other	12.4	-116.86	-39.04	-95.32	-54.21	-25.51
Total Common Equity	3,726	3,629	3,471	3,002	2,487	1,983
Minority Interest	0.58	1.94	0.58	1.48	8.72	-
Shareholders' Equity	3,727	3,631	3,471	3,003	2,496	1,983
Total Liabilities & Equity	4,843	4,750	4,352	4,009	3,523	2,721
Total Debt	155.22	163.25	171.95	193.22	239.16	266.4
Net Cash (Debt)	1,084	1,125	1,925	1,548	1,207	1,116
Net Cash Growth	-42.75%	-41.58%	24.32%	28.24%	8.22%	65.76%
Net Cash Per Share	19.10	19.40	32.58	26.17	20.44	19.09
Filing Date Shares Outstanding	55.24	56.89	57.83	57.68	56.88	56.18
Total Common Shares Outstanding	55.21	56.87	57.79	57.66	56.85	56.11
Working Capital	1,689	1,605	2,446	2,012	1,506	1,447
Book Value Per Share	67.49	63.82	60.06	52.06	43.75	35.34
Tangible Book Value	2,098	2,011	2,837	2,395	1,855	1,719
Tangible Book Value Per Share	37.99	35.37	49.10	41.54	32.63	30.64
Land	-	1.34	1.34	1.34	1.34	1.34
Buildings	-	55.06	54.9	54.63	55.39	52.01
Machinery	-	186.55	196.89	198.48	222.39	170.16
Construction In Progress	-	52.26	51.48	51.5	50.13	-
Leasehold Improvements	-	39.28	37.19	32.95	37.83	39.68

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