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EPAM Systems EPAM North America — Selling, general and administrative expenses

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Americas
$106.17M+2.1%

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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:SellingGeneralAndAdministrativeExpense.

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 itemFor the Years Ended December 31, 2025For the Years Ended December 31, 2024For the Years Ended December 31, 2023
Revenues$5,457,056$4,727,940$4,690,540
Operating expenses:
Cost of revenues (exclusive of depreciation and amortization)3,883,5353,277,4973,256,514
Selling, general and administrative expenses928,707816,300815,065
Depreciation and amortization expense124,81189,55991,800
Loss on sale of business25,922
Income from operations520,003544,584501,239
Interest and other income, net11,54646,87651,124

Item 16. Form 10-K Summary

FAQ

What is EPAM Systems's north america — selling, general and administrative expenses?
EPAM Systems (EPAM) reported north america — selling, general and administrative expenses of $104.68M in Q4 2025.
How has EPAM Systems's north america — selling, general and administrative expenses changed year-over-year?
EPAM Systems's north america — selling, general and administrative expenses increased by 13.5% year-over-year, from $92.26M to $104.68M.
What is the long-term trend for EPAM Systems's north america — selling, general and administrative expenses?
Over 3 years (2022 to 2025), EPAM Systems's north america — selling, general and administrative expenses has grown at a 1.2% compound annual growth rate (CAGR), from $404.28M to $418.72M.
What does north america — selling, general and administrative expenses mean?
Represents the indirect operating costs incurred to support the North American segment, including sales, marketing, human resources, and general management overhead. This metric reflects the company's investment in business development and administrative infrastructure required to maintain its market position. Monitoring this helps evaluate the scalability of the segment's operations relative to its revenue growth.

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