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EPAM Systems EPAM Minsk, Belarus — Leased building, before accumulated depreciation

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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$4.86B-43.3%
Enterprise value$4.22B-45.1%
P/E12.1×-9.3×
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 us-gaap:FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization.

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

The Company has assets which generate lease income including subleases of portions of its office space to third parties. The gross amount of such assets was $20.0 million and $10.6 million, and the associated accumulated depreciation was $6.9 million and $4.0 million as of December 31, 2025 and 2024, respectively. Depreciation expense associated with these assets held under operating leases was $1.2 million, $0.8 million and $0.5 million for the year ended December 31, 2025, 2024 and 2023, respectively.

Item 16. Form 10-K Summary

FAQ

What is EPAM Systems's minsk, belarus — leased building, before accumulated depreciation?
EPAM Systems (EPAM) reported minsk, belarus — leased building, before accumulated depreciation of $20M in Q4 2025.
How has EPAM Systems's minsk, belarus — leased building, before accumulated depreciation changed year-over-year?
EPAM Systems's minsk, belarus — leased building, before accumulated depreciation increased by 88.7% year-over-year, from $10.6M to $20M.
What does minsk, belarus — leased building, before accumulated depreciation mean?
This metric represents the gross book value of leased office facilities located within the Minsk, Belarus geographic segment before accounting for accumulated depreciation. It reflects the total historical cost or capitalized value of real estate assets under lease agreements in this specific region. Monitoring this figure helps investors assess the scale of physical infrastructure investment and the company's operational footprint in this market.

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