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EPAM Systems EPAM Americas — Segment Operating Profit (Loss)

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Other financials

Income statement

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Revenue$1.4B+4.5%
Gross profit$429.6M+10.3%
Operating income$152.2M+20.4%
Net income$103.0M+17.0%
EPS (diluted)$1.97+26.3%

Balance sheet

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Cash & equivalents$794.3M-24.1%
Total debt$152.2M-6.4%
Total equity$3.5B-4.1%
Total assets$4.6B-2.9%

Cash flow

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Operating cash flow-$2.4M-105%
CapEx$15.2M+54.8%
Free cash flow-$17.6M-141%

Valuation

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Market cap$5.03B-40.6%
Enterprise value$4.38B-42.1%
P/E12.5×-8.6×
P/S0.9×-0.8×

Profitability

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Gross margin29.4%-0.6pp
Operating margin10%-0.6pp
Net margin7.2%-0.8pp
FCF margin8.6%+0.5pp

Returns & leverage

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Return on equity11.2%-0.2pp
Debt / equity0.0×
Current ratio2.8×-0.4×

Where this comes from

Reported directly by EPAM Systems in its filing.

Tagged under the XBRL concept epam:SegmentOperatingProfitLoss.

The source filing: EPAM Systems’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 4:08 PM EST
Fiscal year
FY2025
Accession
0001352010-26-000015
Line itemAmericasEuropeTotal
Cost of revenues (exclusive of depreciation and amortization)2,189,3291,625,0583,814,387
Selling, general and administrative expenses418,715315,442734,157
Depreciation and amortization expense35,95717,48753,444
Segment operating profit:$522,115$332,953$855,068
Unallocated costs:
Stock-based compensation expense(176,764)
Amortization of purchased intangibles(71,367)
Other acquisition-related expenses(1,345)

Item 16. Form 10-K Summary

FAQ

What is EPAM Systems's americas — segment operating profit (loss)?
EPAM Systems (EPAM) reported americas — segment operating profit (loss) of $130.53M in Q4 2025.
How has EPAM Systems's americas — segment operating profit (loss) changed year-over-year?
EPAM Systems's americas — segment operating profit (loss) decreased by 3.6% year-over-year, from $135.36M to $130.53M.
What is the long-term trend for EPAM Systems's americas — segment operating profit (loss)?
Over 3 years (2022 to 2025), EPAM Systems's americas — segment operating profit (loss) has grown at a -3.3% compound annual growth rate (CAGR), from $576.9M to $522.12M.
What does americas — segment operating profit (loss) mean?
This metric represents the operating income generated by the company's business activities within the Americas geographic region. It is calculated by subtracting the segment-specific cost of revenues and operating expenses from the total revenue attributed to this market. This figure serves as a key indicator of the profitability and operational efficiency of the company's largest regional market segment.

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