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EPAM Systems, Inc. (EPAM)
NYSE: EPAM · Real-Time Price · USD
117.91
+3.39 (2.96%)
At close: Sep 11, 2026, 4:00 PM EDT
117.62
-0.29 (-0.25%)
After-hours: Sep 11, 2026, 7:30 PM EDT

EPAM Systems Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Revenue
1,4151,4001,4081,3941,3531,3021,2481,1681,1471,1651,1571,1521,1701,2111,2311,2271,1951,1721,107988.54
Revenue Growth
4.53%7.56%12.75%19.43%18.04%11.69%7.87%1.34%-2.02%-3.75%-6.01%-6.09%-2.06%3.36%11.18%24.11%35.57%50.06%53.07%51.56%
Gross Profit
430.07388.61423.7411.8390.03350.28380.64404.14336.34331.83362.62360.87366.39364.94425.48404.02361.14412.58380.2335.17
Operating Income
154.72133.16166.94148.94130.68109.04160.37180.58123.26120.85161.52143.95150.45134.16200.76190.83125.12205.04169.27144.12
Net Income
102.9882.52109.35106.8288.0373.48103.3136.3598.65116.2497.5597.2120.03102.29155.04156.0518.689.72142.28115.66
Earnings Per Share
1.971.521.981.911.561.281.802.371.701.971.661.652.031.732.622.630.321.522.401.95
EPS Growth
26.28%18.75%9.90%-19.41%-8.24%-35.02%8.34%43.64%-16.26%13.87%-36.58%-37.26%534.38%13.82%9.09%34.87%-83.50%-18.28%64.37%27.45%

Revenue by Segment
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
North America
792.26795.4801.68799.87787.4777.17758.37704.61698.63704.73690.22684.78680.07709.96738.8748.38723.66687.71641.51593.86
Europe
622.51604.67605.87594.5566.04524.52489.98462.91447.97460.74467.04465.81483.44493.15479.13470.01451.94451.97411.75350.08
Revenue (Total)
1,4151,4001,4081,3941,3531,3021,2481,1681,1471,1651,1571,1521,1701,2111,2311,2271,1951,1721,107988.54

Cash & Debt
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Cash & Investments
789.41,0371,2961,2391,0411,1741,2862,0591,8492,0452,0971,9331,8481,8101,7421,5481,3541,2761,4471,267
Total Debt
152.24287.94143.7155.22162.69158.14163.25165.44165.98172.36171.95174.13180.84187.1193.22197.29208.94228.29239.16225.75
Net Cash (Debt)
637.15749.021,1521,084878.651,0151,1231,8931,6831,8731,9251,7591,6671,6231,5481,3511,1451,0481,2071,041
Net Cash Growth
-27.48%-26.24%2.61%-42.75%-47.78%-45.78%-41.66%7.62%0.91%15.42%24.32%30.27%45.67%54.81%28.24%29.75%8.67%-7.21%8.22%9.44%
Net Cash Per Share
12.1913.8220.8219.4215.5417.7319.5532.9728.9431.7832.6829.8428.1827.3726.0922.7519.3917.7820.3817.58

Cash Flow & CapEx
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Operating Cash Flow
-2.42-36.36282.89294.6853.224.16130.26241.9657.03129.92171.37214.8889.0587.33186.07252.3777.52-51.85284.61206.05
Capital Expenditures
-15.21-17.86-14.78-8.3-9.83-9.33-15.73-4.97-4.7-6.75-10-3.62-6.88-7.91-21.5-18.71-18.15-23.27-56.62-21.11
Free Cash Flow
-17.64-54.22268.11286.3843.3714.83114.5323752.32123.17161.37211.2682.1779.42164.57233.6659.36-75.12228184.94
Free Cash Flow Growth
--134.09%20.84%-17.12%-87.96%-29.03%12.19%-36.32%55.09%-1.94%-9.59%38.42%--27.82%26.34%28.36%-61.76%11.56%

Margins
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
Gross Margin
30.40%27.76%30.10%29.53%28.82%26.91%30.49%34.62%29.33%28.47%31.34%31.32%31.31%30.14%34.55%32.93%30.22%35.21%34.33%33.91%
Operating Margin
10.94%9.51%11.86%10.68%9.65%8.38%12.85%15.47%10.75%10.37%13.96%12.49%12.86%11.08%16.30%15.55%10.47%17.50%15.28%14.58%
Pretax Margin
9.93%8.62%10.22%10.30%9.14%7.25%11.00%16.24%11.67%10.61%11.01%11.44%12.82%10.51%16.34%15.58%0.72%9.07%14.44%13.69%
Profit Margin
7.28%5.89%7.77%7.66%6.50%5.64%8.28%11.68%8.60%9.97%8.43%8.44%10.26%8.45%12.59%12.72%1.56%7.66%12.85%11.70%
FCF Margin
-1.25%-3.87%19.05%20.54%3.20%1.14%9.18%20.30%4.56%10.57%13.94%18.34%7.02%6.56%13.37%19.04%4.97%-6.41%20.59%18.71%

Valuation
Chart
Fiscal QuarterQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023Q2 2023Q1 2023Q4 2022Q3 2022Q2 2022Q1 2022Q4 2021Q3 2021
Period EndingJun '26 Mar '26 Dec '25 Sep '25 Jun '25 Mar '25 Dec '24 Sep '24 Jun '24 Mar '24 Dec '23 Sep '23 Jun '23 Mar '23 Dec '22 Sep '22 Jun '22 Mar '22 Dec '21 Sep '21
PE Ratio
10.3218.9629.9722.6024.9723.3329.1825.2526.6237.0541.1431.2324.4039.9244.9451.1046.0036.4978.7276.03
Forward PE
5.9410.6016.6212.9915.7915.8521.1518.8018.4826.9529.1225.5622.6426.4727.8233.3333.6830.6664.0160.60
P/FCF Ratio
--18.4718.2924.4522.9425.1719.7519.9027.6332.1227.5823.2532.1149.2846.6042.42-82.2786.43
PS Ratio
0.741.322.071.591.981.982.812.442.363.443.663.112.693.553.914.423.784.0710.099.57