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EPAM Systems, Inc. (EPAM)
NYSE: EPAM · Real-Time Price · USD
134.70
-1.53 (-1.12%)
At close: Oct 29, 2026, 4:00 PM EDT
130.06
-4.64 (-3.44%)
After-hours: Oct 29, 2026, 7:30 PM EDT

EPAM Systems Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
5,6175,4574,7284,6914,8253,758
Revenue Growth
10.76%15.42%0.80%-2.78%28.38%41.31%
Gross Profit
1,6541,5761,4531,4551,5821,274
Operating Income
627.86582.67604.37561.78707.87545.92
Net Income
401.67377.68454.53417.08419.42481.65
Earnings Per Share
7.396.727.847.067.098.15
EPS Growth
5.27%-14.29%11.05%-0.42%-13.01%45.54%

Revenue by Segment
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
North America
3,1893,1662,8662,7652,8992,242
Europe
2,4282,2911,8621,9091,8531,350
Revenue (Total)
5,6175,4574,7284,6914,8253,758

Cash & Debt
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
789.41,2961,2862,0971,7421,447
Total Debt
152.24143.7163.25171.95193.22239.16
Net Cash (Debt)
637.151,1521,1231,9251,5481,207
Net Cash Growth
-27.48%2.61%-41.66%24.32%28.24%8.22%
Net Cash Per Share
11.7120.4919.3732.5826.1720.44

Cash Flow & CapEx
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
538.79654.93559.17562.63464.1572.33
Capital Expenditures
-56.15-42.24-32.15-28.42-81.63-111.5
Free Cash Flow
482.64612.69527.02534.22382.48460.83
Free Cash Flow Growth
17.79%16.25%-1.35%39.67%-17.00%-3.11%

Margins
Chart
Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
29.45%28.88%30.73%31.01%32.78%33.91%
Operating Margin
11.18%10.68%12.78%11.98%14.67%14.53%
Pretax Margin
9.77%9.27%12.36%11.44%10.51%14.19%
Profit Margin
7.15%6.92%9.61%8.89%8.69%12.82%
FCF Margin
8.59%11.23%11.15%11.39%7.93%12.26%

Valuation
Chart
Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
18.2229.9729.1841.1444.9478.72
Forward PE
9.9416.6221.1529.1227.8264.01
P/FCF Ratio
14.4018.4725.1732.1249.2882.27
PS Ratio
1.242.072.813.663.9110.09