EPAM Systems, Inc. (EPAM)

EPAM Systems Balance Sheet

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

Assets

Fiscal Quarter	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021
Period Ending	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Cash & Equivalents	965.17	789.4	1,037	1,296	1,239	1,041	1,174	1,286	2,036	1,787	1,984	2,036	1,873	1,777	1,749	1,681	1,488	1,294	1,276	1,447
Short-Term Investments	-	-	-	-	-	-	-	-	22.32	61.49	61.63	60.74	60.43	71.38	60.37	60.34	60.22	60.1	-	-
Cash & Short-Term Investments	965.17	789.4	1,037	1,296	1,239	1,041	1,174	1,286	2,059	1,849	2,045	2,097	1,933	1,848	1,810	1,742	1,548	1,354	1,276	1,447
Cash Growth (YoY)	-22.11%	-24.19%	-11.65%	0.76%	-39.81%	-43.67%	-42.62%	-38.66%	6.48%	0.02%	13.01%	20.40%	24.91%	36.55%	41.78%	20.40%	22.20%	5.49%	-7.02%	4.67%
Accounts Receivable	1,213	1,268	1,175	1,108	1,130	1,159	1,090	1,002	935.08	960.87	931.41	897.03	913.03	917.54	934.24	932.63	917.14	929.22	901.26	768.93
Other Receivables	18.5	18.9	16.1	21.6	12.7	15.4	23.3	23.1	20.9	-	-	-	-	-	-	-	-	-	-	-
Receivables	1,232	1,287	1,191	1,130	1,143	1,174	1,113	1,025	955.98	960.87	931.41	897.03	913.03	917.54	934.24	932.63	917.14	929.22	901.26	768.93
Prepaid Expenses	132.51	134.87	126.98	104.69	130.67	135.66	121.2	113.87	88.03	102.61	97.4	81.65	71.27	91.7	70.13	72.7	62.83	76.62	59.47	52
Restricted Cash	0.9	0.45	1.54	1.34	0.42	1.21	1.15	0.84	0.87	0.53	3.05	5.29	5.44	0.31	0.41	0.43	0.2	0.2	29.42	0.5
Other Current Assets	2.75	4.34	1.18	1.98	10.62	17.91	6.33	-	3.28	2.96	5.95	10.42	2.14	14.14	16.22	12.19	-	0.03	0.15	1.43
Total Current Assets	2,333	2,216	2,357	2,534	2,524	2,370	2,416	2,426	3,107	2,916	3,083	3,091	2,925	2,872	2,831	2,760	2,528	2,360	2,267	2,269
Property, Plant & Equipment	321.08	329.97	321.26	317.26	322.26	330.95	327.67	335.91	337.43	340.33	358	369.95	375.97	401.62	413.88	422.13	357.92	370.85	395.15	421.06
Long-Term Investments	35.2	36.6	36.7	36.7	36.5	36.1	36.1	38.5	39.1	38.6	31.9	31.7	31.7	30.3	30.3	28.4	29.2	27.5	27.5	27.5
Goodwill	1,202	1,203	1,205	1,211	1,209	1,209	1,187	1,182	621.9	608.07	595.22	562.46	548.18	534.49	533.73	529.07	505.54	521.27	534.14	530.72
Other Intangible Assets	352.89	372.97	385.73	406.59	419.81	435.89	426.69	436.42	74.49	78.24	80.76	71.12	69.73	68.13	73.11	77.65	79.22	89.03	97.57	101.14
Long-Term Accounts Receivable	1.32	1.65	1.91	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-Term Deferred Tax Assets	302.35	295.95	283.03	295.12	235.32	240.85	255.08	269.8	218.32	213.07	197.47	197.9	187.52	164.47	167.65	172.8	214.22	172.81	161.3	143.93
Other Long-Term Assets	134.62	117.91	112.83	102.02	96.46	86.96	75.34	62.02	59.09	29.37	28.08	27.88	23.89	22.72	21.88	19.48	21.52	22.84	25.16	29.4
Total Assets	4,683	4,574	4,703	4,902	4,843	4,711	4,724	4,750	4,457	4,223	4,375	4,352	4,162	4,094	4,071	4,009	3,736	3,564	3,508	3,523

Liabilities

Fiscal Quarter	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021
Period Ending	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Accounts Payable	36.84	41.55	40.11	55.33	42.98	45.28	44.46	44.7	30.77	30.95	27.25	31.99	25.42	27.29	28.86	30.85	28.29	22.49	19.41	24.85
Accrued Expenses	701.34	629.6	690.54	662.28	684.94	591.27	606.69	528.69	541.96	464.36	526.03	452.6	487.62	455.25	539.9	523.3	553.01	518.27	501.61	552.92
Short-Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.86	6.14	6.7	9.9	16.02
Current Portion of Long-Term Debt	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.65	-	-	-
Current Portion of Leases	38.2	39.3	36.75	37.17	40.46	40.43	39.47	39.63	37.56	36.83	36.21	36.56	38.29	39	40.93	40.35	38.6	41.13	47.02	50.1
Current Income Taxes Payable	12.85	19.09	15.64	25.52	19.49	18.46	35.27	50.4	34.35	37.47	33.96	38.81	29.55	30.77	37.44	46.07	34.39	18.19	20.26	27.44
Current Unearned Revenue	40.95	64.36	88.16	104.22	43.88	51.77	60.42	59.32	32.46	31.81	34.39	27.99	26.9	31.75	35.6	36.04	25.75	33.16	37.32	39.81
Other Current Liabilities	13.86	10.54	13.13	92.42	3.51	0.22	2.83	98.3	3.95	1.03	0.7	56.98	5.79	0.01	0.13	68.01	40.13	44.77	47.73	52.28
Total Current Liabilities	844.04	804.44	884.33	976.94	835.26	747.43	789.12	821.04	681.05	602.46	658.53	644.93	613.58	584.07	682.86	747.48	727.96	684.7	683.25	763.42
Long-Term Debt	25	25	165	25.03	25.04	25.04	25.06	25.19	25.33	25.5	25.79	26.13	27.5	25.85	28.25	27.69	28.2	30.22	30.55	30.23
Long-Term Leases	83.13	87.94	86.19	81.5	89.72	97.22	93.62	98.43	102.55	103.65	110.37	109.26	108.33	115.99	117.91	122.32	122.7	130.89	140.81	142.8
Long-Term Unearned Revenue	0.49	0.57	1.08	0.67	0.63	0.56	0.8	0.74	0.29	0.24	0.5	0.95	0.63	0.47	0.32	0.04	0.11	0.33	0.12	0.08
Pension & Post-Retirement Benefits	-	-	-	38.08	-	-	-	27.47	-	-	-	14.91	-	-	-	9.79	-	-	-	3.49
Long-Term Deferred Tax Liabilities	73.35	74.51	73.8	76.97	96.96	98.06	94.21	92.36	-	-	-	8.74	-	-	-	12.8	-	-	-	18.3
Other Long-Term Liabilities	61.84	62.33	61.35	25.13	68.85	74.02	77.59	54.09	93.35	93.51	103.71	75.97	112.21	103.98	111.56	86.01	98	93.82	99.08	69.06
Total Liabilities	1,088	1,055	1,272	1,224	1,116	1,042	1,080	1,119	902.57	825.37	898.89	880.9	862.25	830.36	940.9	1,006	976.96	939.96	953.81	1,027

Shareholders' Equity

Fiscal Quarter	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021
Period Ending	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Common Stock	0.05	0.05	0.05	0.05	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06	0.06
Additional Paid-In Capital	1,528	1,488	1,360	1,390	1,330	1,286	1,235	1,190	1,129	1,087	1,040	1,009	951.09	913.58	864.25	847.97	801.95	760.98	719.12	711.91
Retained Earnings	2,085	2,036	2,085	2,268	2,384	2,360	2,469	2,556	2,465	2,379	2,497	2,501	2,440	2,421	2,343	2,249	2,094	1,938	1,919	1,830
Treasury Stock	-	-	-	-	-	-	-	-	-	-	-	-	-0.12	-0.12	-0.12	-0.12	-0.12	-0.18	-0.18	-0.18
Comprehensive Income & Other	-19.36	-4.97	-13.77	18.55	12.4	21.31	-61.85	-116.86	-40.52	-69.42	-61.35	-39.04	-91.63	-72.09	-77.96	-95.32	-138.63	-76.36	-86.15	-54.21
Total Common Equity	3,594	3,519	3,431	3,677	3,726	3,668	3,643	3,629	3,554	3,397	3,475	3,471	3,299	3,263	3,129	3,002	2,757	2,622	2,552	2,487
Minority Interest	0.58	0.58	0.58	0.58	0.58	0.58	0.58	1.94	0.58	0.58	0.58	0.58	0.58	0.58	1.48	1.48	1.48	1.65	1.65	8.72
Shareholders' Equity	3,595	3,519	3,432	3,678	3,727	3,668	3,643	3,631	3,555	3,398	3,476	3,471	3,300	3,263	3,130	3,003	2,759	2,624	2,554	2,496
Total Liabilities & Equity	4,683	4,574	4,703	4,902	4,843	4,711	4,724	4,750	4,457	4,223	4,375	4,352	4,162	4,094	4,071	4,009	3,736	3,564	3,508	3,523

Additional Metrics

Fiscal Quarter	Q3 2026	Q2 2026	Q1 2026	Q4 2025	Q3 2025	Q2 2025	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021
Period Ending	Sep 30, 2026	Jun 30, 2026	Mar 31, 2026	Dec 31, 2025	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021
Total Debt	146.33	152.24	287.94	143.7	155.22	162.69	158.14	163.25	165.44	165.98	172.36	171.95	174.13	180.84	187.1	193.22	197.29	208.94	228.29	239.16
Net Cash (Debt)	818.85	637.15	749.02	1,152	1,084	878.65	1,015	1,123	1,893	1,683	1,873	1,925	1,759	1,667	1,623	1,548	1,351	1,145	1,048	1,207
Net Cash Growth (YoY)	-24.45%	-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%
Net Cash Per Share	15.91	12.19	13.82	20.82	19.42	15.54	17.73	19.55	32.97	28.94	31.78	32.68	29.84	28.18	27.37	26.09	22.75	19.39	17.78	20.38
Filing Date Shares Outstanding	51.02	51.59	52.24	54.14	55.24	55.7	56.65	56.89	56.72	56.94	57.97	57.83	57.7	57.96	57.91	57.68	57.51	57.37	57.15	56.88
Total Common Shares Outstanding	50.88	51.59	52.76	54.27	55.21	55.7	56.63	56.87	56.71	56.93	57.93	57.79	57.69	57.96	57.85	57.66	57.5	57.35	57.13	56.85
Working Capital	1,489	1,412	1,473	1,557	1,689	1,623	1,627	1,605	2,426	2,313	2,425	2,446	2,312	2,288	2,148	2,012	1,800	1,675	1,584	1,506
Book Value Per Share	70.64	68.21	65.04	67.75	67.49	65.85	64.33	63.82	62.67	59.67	59.98	60.06	57.19	56.30	54.09	52.06	47.95	45.72	44.67	43.75
Tangible Book Value	2,039	1,943	1,841	2,060	2,098	2,022	2,029	2,011	2,858	2,711	2,799	2,837	2,682	2,660	2,522	2,395	2,172	2,012	1,920	1,855
Tangible Book Value Per Share	40.08	37.66	34.89	37.96	37.99	36.31	35.83	35.37	50.39	47.62	48.32	49.10	46.48	45.90	43.60	41.54	37.78	35.08	33.61	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

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Nov 5, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 11, 2026

Data Sources Report a data error