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EPAM Systems EPAM Operating Lease Liabilities

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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:OperatingLeaseLiabilityNoncurrent.

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 itemAs of June 30,2026As of December 31,2025
Operating lease liabilities, current39,30137,173
Total current liabilities804,437976,942
Long-term debt25,00025,034
Operating lease liabilities, noncurrent87,94281,497
Deferred tax liabilities, noncurrent74,50576,969
Other noncurrent liabilities62,90163,886
Total liabilities1,054,7851,224,328
Commitments and contingencies (Note 13)

Item 1. Financial Statements (Unaudited)

FAQ

What is EPAM Systems's operating lease liabilities?
EPAM Systems (EPAM) reported operating lease liabilities of $87.94M in Q2 2026.
How has EPAM Systems's operating lease liabilities changed year-over-year?
EPAM Systems's operating lease liabilities decreased by 9.5% year-over-year, from $97.22M to $87.94M.
What is the long-term trend for EPAM Systems's operating lease liabilities?
Over 5 years (2020 to 2025), EPAM Systems's operating lease liabilities has grown at a -14.7% compound annual growth rate (CAGR), from $180.6M to $81.5M.
What does operating lease liabilities mean?
Long-term portion of operating lease obligations extending beyond one year, representing committed future rent payments.

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