EPAM Systems, Inc. (EPAM)
NYSE: EPAM · Real-Time Price · USD
89.85
+3.71 (4.31%)
At close: Jul 24, 2026, 4:00 PM EDT
89.51
-0.34 (-0.38%)
After-hours: Jul 24, 2026, 4:33 PM EDT
EPAM Systems Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Quarter | 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 | Q2 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 | Jun '21 Jun 30, 2021 |
Net Income | 82.52 | 109.35 | 106.82 | 88.03 | 73.48 | 103.3 | 136.35 | 98.65 | 116.24 | 97.55 | 97.2 | 120.03 | 102.29 | 155.04 | 156.05 | 18.6 | 89.72 | 142.28 | 115.66 | 114.67 |
Depreciation & Amortization | 41.97 | 41.12 | 41.67 | 42.33 | 41.37 | 36.05 | 29.01 | 30.46 | 31.58 | 33.22 | 33.31 | 33.35 | 32.83 | 33.59 | 33.18 | 34.24 | 39.05 | 38.65 | 36.74 | 36.27 |
Stock-Based Compensation | 49.92 | 45.15 | 44.6 | 38.56 | 48.46 | 44.7 | 42.12 | 35.68 | 44.79 | 38.19 | 37.85 | 33.11 | 38.58 | 31.62 | 33.29 | 27.89 | 7.11 | 34.02 | 29.19 | 23.9 |
Other Adjustments | 18.87 | -58.16 | 11.86 | -6.22 | 5.9 | -42.02 | -19.3 | -12.8 | 10.96 | -20.5 | -14.07 | 9.02 | -10.08 | -29.07 | -47.16 | 47.82 | 62.98 | -31.21 | 1.12 | -5.88 |
Change in Receivables | -78.8 | 22.63 | 24.59 | -39.67 | -76.68 | 38.38 | 40.21 | -26.84 | -36.16 | 26.21 | -5.84 | 15.56 | -3.57 | 3.96 | -13.53 | -38.36 | -144.78 | 21.03 | -64.67 | -78.64 |
Changes in Accounts Payable | -12.81 | -7.42 | -5.02 | -0.75 | 0.5 | -24.47 | -2.26 | 3.13 | -5.48 | -0.68 | -0.95 | 0.29 | 1.49 | -11.7 | 8.04 | 5.36 | -4.63 | 4.07 | -2.52 | -0.78 |
Changes in Accrued Expenses | -85.88 | 122.27 | 82.57 | -33.46 | -27.25 | -6.59 | 61.97 | -42.95 | -1.75 | 10.96 | 32.93 | -70.04 | -58.46 | 33.13 | 55.05 | 12.78 | -74.93 | 68.84 | 93.59 | 9.06 |
Changes in Income Taxes Payable | -26.46 | 41.4 | -2.3 | -37.99 | -21.48 | 15.05 | 12.3 | -19.41 | -16.1 | 5 | 15.36 | -48.78 | -4.96 | -15.86 | 44.26 | -22.13 | -2.67 | 30.02 | 13.8 | -14.34 |
Changes in Other Operating Activities | -25.7 | -33.62 | -10.11 | 2.78 | -20.14 | -34.55 | -58.73 | -8.88 | -14.16 | -18.58 | -6.83 | -3.49 | -10.78 | -14.63 | -16.82 | -8.68 | -23.69 | -23.07 | -16.86 | -15.43 |
Operating Cash Flow | -36.36 | 282.89 | 294.68 | 53.2 | 24.16 | 130.26 | 241.96 | 57.03 | 129.92 | 171.37 | 214.88 | 89.05 | 87.33 | 186.07 | 252.37 | 77.52 | -51.85 | 284.61 | 206.05 | 68.84 |
Operating Cash Flow Growth | - | 117.18% | 21.79% | -6.71% | -81.40% | -23.99% | 12.60% | -35.96% | 48.76% | -7.90% | -14.85% | 14.88% | - | -34.62% | 22.48% | 12.61% | - | 78.52% | 17.36% | -52.90% |
Capital Expenditures | -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 | -22.59 |
Purchases of Investments | -0.84 | -0.4 | -0.29 | -0.05 | -2.35 | -0.04 | -0.68 | -6.71 | -1.42 | -0.32 | -1.38 | -10.87 | -1.91 | 0 | -1.63 | - | - | 0 | 0 | -1.5 |
Proceeds from Sale of Investments | 2.21 | 0.14 | 0 | 0 | 2.91 | 24.34 | 40 | 1.2 | 0.31 | 0 | 10.87 | - | - | - | - | - | - | 0 | 0 | 0 |
Payments for Business Acquisitions | -0.31 | - | 0 | -6.67 | 3.33 | - | -0.36 | -12.57 | -44.14 | - | -14 | - | - | - | 0.09 | -2.41 | -8.21 | - | -39.71 | -121.25 |
Other Investing Activities | 1.14 | -1.12 | -0.69 | -1.67 | 0.13 | 0.64 | 0.74 | -0.07 | 1.01 | 0.44 | -0.26 | -0.05 | -7.9 | -9.53 | -8.46 | -7.96 | -3.08 | 0.18 | -0.28 | -0.51 |
Investing Cash Flow | -15.65 | -16.25 | -9.28 | -18.21 | -5.31 | -845.88 | 34.74 | -22.85 | -50.99 | -20.7 | -10.56 | -17.79 | -17.72 | -31.14 | -28.7 | -88.53 | -34.56 | -210.43 | -61.1 | -145.85 |
Long-Term Debt Issued | 140 | - | - | - | - | - | - | - | - | 0.06 | 0.59 | 0 | 0.17 | -2.35 | 0.89 | 1.3 | 1.93 | 31.11 | 0 | - |
Long-Term Debt Repaid | -0.16 | -6.42 | -0.75 | -0.4 | -0.68 | -0.37 | -0.37 | -0.54 | -0.59 | -0.36 | -0.64 | -0.55 | -1.41 | -4 | -0.79 | -3.92 | -6.84 | -31.05 | 0 | - |
Net Long-Term Debt Issued (Repaid) | 139.85 | -6.42 | -0.75 | -0.4 | -0.68 | -0.37 | -0.37 | -0.54 | -0.59 | -0.3 | -0.05 | -0.55 | -1.24 | -6.35 | 0.1 | -2.62 | -4.91 | 0.06 | 0 | - |
Issuance of Common Stock | 0.7 | 19.54 | 0.46 | 15.1 | 19.48 | 19.95 | 1.31 | 17.87 | 14.61 | 23.02 | 2.98 | 23.14 | 2.49 | 19.29 | 9.2 | 18.77 | 3.4 | 6.11 | 4.57 | 11.24 |
Repurchase of Common Stock | -327.13 | -225.91 | -83.19 | -218.58 | -161.29 | -15.73 | -51.82 | -242.29 | -123.38 | -37.39 | -81 | -63.98 | -11.66 | -4.46 | -1.31 | -16.92 | -3.88 | -7.49 | -0.41 | -30.39 |
Net Common Stock Issued (Repurchased) | -326.43 | -206.37 | -82.73 | -203.48 | -141.81 | 4.22 | -50.52 | -224.42 | -108.77 | -14.37 | -78.02 | -40.83 | -9.18 | 14.84 | 7.9 | 1.85 | -0.48 | -1.38 | 4.15 | -19.16 |
Other Financing Activities | -5.62 | -4.91 | -2.17 | -0.17 | -7.02 | -2.6 | -2.62 | -1.12 | -2.72 | -0.74 | -2.52 | -4.16 | -4.9 | -0.44 | -7.43 | -0.26 | -4.22 | -43.73 | 0.34 | -1.17 |
Financing Cash Flow | -192.2 | -211.98 | -85.65 | -204.06 | -149.51 | 1.26 | -53.51 | -226.08 | -112.08 | -22.36 | -80.59 | -47.51 | -15.32 | 8.05 | 0.57 | -1.03 | -9.6 | -45.06 | 4.5 | -20.33 |
Effect of Exchange Rate Changes on Cash and Cash Equivalents | -14.56 | 3.2 | -2.72 | 37.05 | 18.77 | -35.95 | 25.9 | -6.89 | -19.56 | 35.01 | -22.73 | 3.03 | 14.07 | 31.01 | -30.22 | -0.25 | -45.41 | -5.34 | -8.93 | 8.1 |
Net Cash Flow | -258.76 | 57.86 | 197.03 | -132.02 | -111.89 | -750.32 | 249.1 | -198.79 | -52.71 | 163.33 | 101 | 26.77 | 68.37 | 193.98 | 194.02 | -12.29 | -141.42 | 23.78 | 140.52 | -89.25 |
Free Cash Flow | -54.22 | 268.11 | 286.38 | 43.37 | 14.83 | 114.53 | 237 | 52.32 | 123.17 | 161.37 | 211.26 | 82.17 | 79.42 | 164.57 | 233.66 | 59.36 | -75.12 | 228 | 184.94 | 46.25 |
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% | -65.67% |
FCF Margin | -3.87% | 19.05% | 20.54% | 3.20% | 1.14% | 9.17% | 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% | 5.25% |
Free Cash Flow Per Share | -1.00 | 4.84 | 5.13 | 0.77 | 0.26 | 1.99 | 4.13 | 0.90 | 2.09 | 2.74 | 3.58 | 1.39 | 1.34 | 2.77 | 3.94 | 1.01 | -1.27 | 3.85 | 3.12 | 0.78 |
Levered Free Cash Flow | 95.64 | 251.9 | 204.57 | 50.7 | 36.48 | 72.69 | 173.29 | 55.75 | 103 | 117.17 | 167.35 | 23.93 | 53.26 | 151.72 | 261.17 | 19.39 | -5.33 | 204.22 | 219.3 | 106.87 |
Unlevered Free Cash Flow | -46.86 | 262.45 | 206.31 | 53.03 | 40.98 | 72.44 | 164.58 | 46.51 | 91.25 | 113.71 | 154.26 | 19.92 | 48.94 | 134.42 | 252.15 | 203.29 | 18.94 | 209.25 | 226.79 | 108.84 |