What is EPAM Systems's gross profit?

EPAM Systems (EPAM) reported gross profit of $388.01M in Q1 2026.

How has EPAM Systems's gross profit changed year-over-year?

EPAM Systems's gross profit increased by 11.0% year-over-year, from $349.68M to $388.01M.

What is the long-term trend for EPAM Systems's gross profit?

Over 4 years (2021 to 2025), EPAM Systems's gross profit has grown at a 5.4% compound annual growth rate (CAGR), from $1.27B to $1.57B.

What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

EPAM Systems EPAM Gross Profit

Gross Profit at other companies

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$6.13B+5.3%

Insight EnterprisesNSIT

$462.15M+13.7%

PegasystemsPEGA

$323.22M-13.4%

Open TextOTEX

$937.27M+4.3%

AdobeADBE

$5.9B+12.8%

CognizantCTSH

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Other financials

Income statement

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Revenue$1.4B+7.6%

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$4B-23.7%

Enterprise value$3.25B-23.4%

P/E10.4×-2.4×

P/S0.7×-0.4×

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

Calculated from EPAM Systems’s reported figures.

$1.4Btotal revenue−$1.0Btotal cost of revenue=$388.01M

The official record: EPAM Systems’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is EPAM Systems's gross profit?: EPAM Systems (EPAM) reported gross profit of $388.01M in Q1 2026.
How has EPAM Systems's gross profit changed year-over-year?: EPAM Systems's gross profit increased by 11.0% year-over-year, from $349.68M to $388.01M.
What is the long-term trend for EPAM Systems's gross profit?: Over 4 years (2021 to 2025), EPAM Systems's gross profit has grown at a 5.4% compound annual growth rate (CAGR), from $1.27B to $1.57B.
What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.