EPAM Systems, Inc. (EPAM)

EPAM Systems Balance Sheet

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

Assets

Fiscal Quarter	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	Q3 2021
Period Ending	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	Sep 30, 2021
Cash & Equivalents	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	1,267
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	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	1,267
Cash Growth (YoY)	-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%	3.72%
Accounts Receivable	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	755.59
Other Receivables	18.9	16.1	21.6	12.7	15.4	23.3	23.1	20.9	-	-	-	-	-	-	-	-	-	-	-	-
Receivables	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	755.59
Prepaid Expenses	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	67.14
Restricted Cash	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	0.5
Other Current Assets	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	2.36
Total Current Assets	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	2,092
Property, Plant & Equipment	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	369.51
Long-Term Investments	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	27.5
Goodwill	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	386.51
Other Intangible Assets	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	74.58
Long-Term Accounts Receivable	1.65	1.91	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-Term Deferred Tax Assets	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	104.06
Other Long-Term Assets	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	187.89
Total Assets	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	3,242

Liabilities

Fiscal Quarter	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	Q3 2021
Period Ending	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	Sep 30, 2021
Accounts Payable	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	8.09
Accrued Expenses	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	529.21
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	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	51.17
Current Income Taxes Payable	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	20.93
Current Unearned Revenue	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	20.19
Other Current Liabilities	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	2.96
Total Current Liabilities	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	632.55
Long-Term Debt	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	25.02
Long-Term Leases	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	149.56
Long-Term Unearned Revenue	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	0.16
Pension & Post-Retirement Benefits	-	-	38.08	-	-	-	27.47	-	-	-	14.91	-	-	-	9.79	-	-	-	3.49	-
Long-Term Deferred Tax Liabilities	74.51	73.8	76.97	96.96	98.06	94.21	92.36	-	-	-	8.74	-	-	-	12.8	-	-	-	18.3	-
Other Long-Term Liabilities	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	95.83
Total Liabilities	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	903.11

Shareholders' Equity

Fiscal Quarter	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	Q3 2021
Period Ending	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	Sep 30, 2021
Common Stock	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	0.06
Additional Paid-In Capital	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	693.89
Retained Earnings	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	1,687
Treasury Stock	-	-	-	-	-	-	-	-	-	-	-	-0.12	-0.12	-0.12	-0.12	-0.12	-0.18	-0.18	-0.18	-0.18
Comprehensive Income & Other	-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	-41.9
Total Common Equity	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	2,339
Minority Interest	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	3,519	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	2,339
Total Liabilities & Equity	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	3,242

Additional Metrics

Fiscal Quarter	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	Q3 2021
Period Ending	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	Sep 30, 2021
Total Debt	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	225.75
Net Cash (Debt)	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	1,041
Net Cash Growth (YoY)	-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	12.19	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	17.58
Filing Date Shares Outstanding	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	56.72
Total Common Shares Outstanding	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	56.71
Working Capital	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	1,460
Book Value Per Share	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	41.25
Tangible Book Value	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	1,878
Tangible Book Value Per Share	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	33.12
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: Aug 6, 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:

Sep 12, 2026

Data Sources Report a data error