EPAM Systems, Inc. (EPAM)
NYSE: EPAM · Real-Time Price · USD
164.66
+27.30 (19.87%)
Nov 5, 2026, 12:58 PM EST - Market open
EPAM Systems Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 5,649 | 5,457 | 4,728 | 4,691 | 4,825 | 3,758 | |
Revenue Growth | 6.62% | 15.42% | 0.80% | -2.78% | 28.38% | 41.31% |
Cost of Revenue | 3,960 | 3,881 | 3,275 | 3,236 | 3,243 | 2,484 |
Gross Profit | 1,689 | 1,576 | 1,453 | 1,455 | 1,582 | 1,274 |
Selling, General & Admin | 905.13 | 868.34 | 758.91 | 801.15 | 781.58 | 645.14 |
Operating Expenses | 1,032 | 993.15 | 848.47 | 892.95 | 873.85 | 728.53 |
Operating Income | 656.84 | 582.67 | 604.37 | 561.78 | 707.87 | 545.92 |
Interest & Investment Income | 2.23 | 15.01 | 52.58 | 53.94 | 22.43 | 7.06 |
Currency Exchange Gain (Loss) | -11.58 | -25.93 | -7.05 | -15.78 | -75.73 | -7.2 |
EBT Excluding Unusual Items | 647.49 | 571.76 | 649.9 | 599.94 | 654.56 | 545.77 |
Merger & Restructuring Charges | -47.89 | -47.89 | -45.37 | - | -17.1 | -3.6 |
Impairment of Goodwill | - | - | - | - | -0.7 | - |
Gain (Loss) on Sale of Investments | - | - | - | - | -1.3 | - |
Gain (Loss) on Sale of Assets | - | - | - | -25.92 | - | - |
Asset Writedown | -0.18 | -0.18 | -0.42 | -6.02 | -18.9 | - |
Other Unusual Items | -18.07 | -18.07 | -19.7 | -31.41 | -109.3 | -8.78 |
Pretax Income | 581.36 | 505.62 | 584.41 | 536.59 | 507.26 | 533.39 |
Income Tax Expense | 156.19 | 127.95 | 129.88 | 119.5 | 87.84 | 51.74 |
Net Income | 425.17 | 377.68 | 454.53 | 417.08 | 419.42 | 481.65 |
Net Income to Common | 425.17 | 377.68 | 454.53 | 417.08 | 419.42 | 481.65 |
Net Income Growth | 14.41% | -16.91% | 8.98% | -0.56% | -12.92% | 47.22% |
Shares Outstanding (Basic) | 53 | 56 | 57 | 58 | 57 | 57 |
Shares Outstanding (Diluted) | 53 | 56 | 58 | 59 | 59 | 59 |
Shares Change | -6.09% | -3.02% | -1.86% | -0.14% | 0.18% | 1.06% |
EPS (Basic) | 8.01 | 6.76 | 7.93 | 7.21 | 7.32 | 8.52 |
EPS (Diluted) | 7.98 | 6.72 | 7.84 | 7.06 | 7.09 | 8.15 |
EPS Growth | 21.87% | -14.29% | 11.05% | -0.42% | -13.01% | 45.54% |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | - | 612.69 | 527.02 | 534.22 | 382.48 | 460.83 |
Free Cash Flow Per Share | - | 10.90 | 9.09 | 9.04 | 6.46 | 7.80 |
Gross Margin | 29.90% | 28.88% | 30.73% | 31.01% | 32.78% | 33.91% |
Operating Margin | 11.63% | 10.68% | 12.78% | 11.98% | 14.67% | 14.53% |
Profit Margin | 7.53% | 6.92% | 9.61% | 8.89% | 8.69% | 12.82% |
Free Cash Flow Margin | - | 11.23% | 11.15% | 11.39% | 7.93% | 12.26% |
EBITDA | 783.68 | 707.23 | 692.93 | 652.48 | 799.05 | 628.2 |
EBITDA Margin | 13.87% | 12.96% | 14.66% | 13.91% | 16.56% | 16.72% |
D&A For EBITDA | 126.84 | 124.56 | 88.56 | 90.7 | 91.19 | 82.29 |
EBIT | 656.84 | 582.67 | 604.37 | 561.78 | 707.87 | 545.92 |
EBIT Margin | 11.63% | 10.68% | 12.78% | 11.98% | 14.67% | 14.53% |
Effective Tax Rate | 26.87% | 25.30% | 22.22% | 22.27% | 17.32% | 9.70% |