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EPAM Systems EPAM Minsk, Belarus — Depreciation expense

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Other financials

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

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Market cap$4.02B-23.7%

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×

Where this comes from

Reported directly by EPAM Systems in its filing.

Tagged under the XBRL concept us-gaap:FinanceLeaseRightOfUseAssetAmortization.

The official record: EPAM Systems’s 10-K, filed February 26, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is EPAM Systems's minsk, belarus — depreciation expense?
EPAM Systems (EPAM) reported minsk, belarus — depreciation expense of $300K in Q4 2025.
How has EPAM Systems's minsk, belarus — depreciation expense changed year-over-year?
EPAM Systems's minsk, belarus — depreciation expense increased by 50.0% year-over-year, from $200K to $300K.
What is the long-term trend for EPAM Systems's minsk, belarus — depreciation expense?
Over 4 years (2021 to 2025), EPAM Systems's minsk, belarus — depreciation expense has grown at a 86.1% compound annual growth rate (CAGR), from $100K to $1.2M.
What does minsk, belarus — depreciation expense mean?
This metric measures the periodic allocation of the cost of leased office assets in the Minsk, Belarus segment to the income statement over their useful lives. It reflects the non-cash expense associated with the wear and tear or obsolescence of regional facilities during the reporting period. Analyzing this expense helps investors understand the ongoing operational cost burden associated with maintaining a physical presence in this specific geography.