EPAM Systems, Inc. (EPAM)
NYSE: EPAM · Real-Time Price · USD
134.72
-0.40 (-0.30%)
Apr 2, 2026, 9:51 AM EDT - Market open

EPAM Systems Cash Flow Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Net Income
377.68454.53417.08419.42481.65
Depreciation & Amortization
166.08127.1132.7140.05145.15
Stock-Based Compensation
176.76167.3147.7399.91111.66
Other Adjustments
-46.45-62.45-9.7134.56-31.28
Change in Receivables
-69.1315.5932.36-192.71-211.68
Changes in Accounts Payable
-12.68-29.080.15-2.93-2.4
Changes in Accrued Expenses
144.1310.67-84.6126.03155.66
Changes in Income Taxes Payable
-20.36-8.17-33.393.63.57
Changes in Other Operating Activities
-61.09-116.32-39.68-63.81-79.99
Operating Cash Flow
654.93559.17562.63464.1572.33
Operating Cash Flow Growth
17.13%-0.62%21.23%-18.91%5.13%
Capital Expenditures
-42.24-32.15-28.42-81.63-111.5
Purchases of Investments
-3.08-8.84-14.47-61.63-2.54
Proceeds from Sale of Investments
3.0565.8510.87-60
Payments for Business Acquisitions
-3.43-912.16-24.82-10.64-314.96
Other Investing Activities
-3.342.31-9.94-29.030.08
Investing Cash Flow
-49.05-884.98-66.77-182.93-368.92
Long-Term Debt Issued
5.710.010.831.7631.11
Long-Term Debt Repaid
-8.26-1.87-2.97-15.54-31.05
Net Long-Term Debt Issued (Repaid)
-2.55-1.86-2.14-13.780.06
Issuance of Common Stock
54.5853.7351.6450.6626.29
Repurchase of Common Stock
-688.96-433.22-194.03-26.56-41.6
Net Common Stock Issued (Repurchased)
-634.38-379.49-142.3924.1-15.31
Other Financing Activities
-14.27-9.06-21.24-12.35-44.3
Financing Cash Flow
-651.2-390.41-165.77-2.02-59.56
Effect of Exchange Rate Changes on Cash and Cash Equivalents
56.3-36.529.38-44.87-18.03
Net Cash Flow
10.99-752.72359.47234.29125.81
Free Cash Flow
612.69527.02534.22382.48460.83
Free Cash Flow Growth
16.25%-1.35%39.67%-17.00%-3.11%
FCF Margin
11.23%11.15%11.39%7.93%12.26%
Free Cash Flow Per Share
10.909.099.046.467.80
Levered Free Cash Flow
548.96404.73361.7426.94592.19
Unlevered Free Cash Flow
562.25375.61336.37495.05600.19
Updated Feb 19, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q