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EPAM Systems

EPAM

EPAM Systems is a leading global provider of digital engineering, cloud, and artificial intelligence-enabled transformation services.

Market cap
$4.92B-47.0%
Revenue$5.6B+14.2%
Net income$386.7M-6.1%
Free cash flow$543.6M+29.8%
EPS (diluted)$6.96-2.7%
Trailing twelve months · change vs. prior year

Earnings

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$1.4B
EPS estimate$3.14

Financials

Q1 2026

Income statement

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Revenue$1.4B+7.6%
Gross profit$388.0M+11.0%
Operating income$116.8M+17.6%
Net income$82.5M+12.3%
EPS (diluted)$1.52+18.8%

Balance sheet

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Cash & equivalents$1.0B-11.5%
Total debt$287.9M+82.1%
Total equity$3.4B-5.8%
Total assets$4.7B-0.4%

Cash flow

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Operating cash flow-$36.4M-250%
CapEx$17.9M+91.4%
Free cash flow-$54.2M-466%

Valuation & ratios

Valuation

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Market cap$4.92B-47.0%
Enterprise value$4.17B-52.2%
P/E12.7×-11.2×
P/S0.9×-1.0×

Profitability

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Gross margin29%-1.2pp
Operating margin9.7%-1.3pp
Net margin7%-1.5pp
FCF margin9.8%+1.2pp

Returns & leverage

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Return on equity10.9%-0.6pp
Debt / equity0.1×0.0×
Current ratio2.7×-0.4×

Segments

By segment

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Europe$604.7M+15.3%

Competitors

Profile

EPAM Systems is a leading global provider of digital engineering, cloud, and artificial intelligence-enabled transformation services. The company fuses business and experience consulting with deep software engineering expertise to help global enterprises and startups accelerate digital innovation and modernize legacy platforms. Its core value proposition lies in delivering end-to-end technology solutions through a proprietary global delivery platform and a multidisciplinary workforce.

Competitive position

A leading global provider of digital engineering and AI-native transformation services with a highly distributed global delivery model and deep expertise in complex software product development.

GeographiesNorth America, Europe, India, Ukraine, Poland, Mexico, Latin America
Customer segmentsFinancial Services, Consumer Goods, Retail, Travel, Software & Hi-Tech, Business Information & Media, Life Sciences & Healthcare
Business modelTime-and-materials, Fixed-price service contracts, Professional Services, Managed Services
SuppliersCloud Infrastructure Providers, Enterprise Software Platform Vendors, Hardware and Software Suppliers, Global Talent Pool of IT Professionals
CustomersInvestment Banks, Pharmaceutical Companies, Global Retailers, Broadcasting and Media Companies, Technology Research and Development Firms
Listed2012
Employees53.2K
CEOBalazs Fejes
Websiteepam.com
FilingsSEC EDGAR

Questions, answered.

What is EPAM Systems's market cap?
EPAM Systems (EPAM) has a market capitalization of $4.9B and trades on NYSE.
What is EPAM Systems's revenue and profitability?
EPAM Systems generated $5.6B in trailing twelve-month revenue with net income of $386.7M, representing a net margin of 7.0%. Gross margin stands at 29.0%, with free cash flow of $543.6M. These figures are based on the Q1 2026 filing.
Who are EPAM Systems's competitors?
EPAM Systems's key competitors include Accenture, Cognizant Technology Solutions, Globant, and others. These companies compete in similar markets and product categories.
Who does EPAM Systems partner with?
EPAM Systems's notable partners include PNC Bank.
What subsidiaries does EPAM Systems have?
EPAM Systems's subsidiaries include NEORIS, First Derivative, S4N Holding, Inc..
Where is EPAM Systems headquartered?
EPAM Systems is headquartered in United States of America and employs approximately 53,150 people. It has been publicly traded since 2012.