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EPAM Systems EPAM United States — Revenue

Other geography segments

United Kingdom
$149.58M
Switzerland
$110.07M
Netherlands
$57.06M
Germany
$56.41M

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

The source filing: EPAM Systems’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:00 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001352010-26-000046
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
United States$714,982$709,986$1,426,748$1,398,438
United Kingdom159,615149,584318,134294,167
Switzerland112,256110,071226,549214,921
Netherlands63,19657,061126,418104,036
Germany62,37856,406124,435108,098
Other locations302,340270,335592,544535,475
Total$1,414,767$1,353,443$2,814,828$2,655,135

Item 1. Financial Statements (Unaudited)

FAQ

What is EPAM Systems's united states — revenue?
EPAM Systems (EPAM) reported united states — revenue of $714.98M in Q2 2026.
How has EPAM Systems's united states — revenue changed year-over-year?
EPAM Systems's united states — revenue increased by 0.7% year-over-year, from $709.99M to $714.98M.
What is the long-term trend for EPAM Systems's united states — revenue?
Over 4 years (2021 to 2025), EPAM Systems's united states — revenue has grown at a 7.5% compound annual growth rate (CAGR), from $2.13B to $2.83B.
What does united states — revenue mean?
This metric measures the total gross income generated from services provided to clients based in the United States. It serves as a primary indicator of the company's market penetration, demand for IT consulting, and competitive positioning within its largest geographic segment. Tracking this revenue stream is essential for evaluating the company's growth trajectory and exposure to the North American economic environment.

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