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EPAM Systems EPAM Total Revenue

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Segments

By geography

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United States$709.99M
United Kingdom$149.58M
Switzerland$110.07M
Netherlands$57.06M
Germany$56.41M

By segment

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Europe$622.51M+10.0%

Other financials

Income statement

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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
Revenues$1,414,767$1,353,443$2,814,828$2,655,135
Operating expenses:
Cost of revenues (exclusive of depreciation and amortization)985,199964,0121,997,2511,916,020
Selling, general and administrative expenses245,245231,681484,947450,598
Depreciation and amortization expense32,10131,27463,64062,711
Income from operations152,222126,476268,990225,806
Interest and other income (loss), net(1,821)3,519(239)9,333
Foreign exchange loss(9,850)(6,227)(7,552)(16,954)

Item 1. Financial Statements (Unaudited)

FAQ

What is EPAM Systems's total revenue?
EPAM Systems (EPAM) reported total revenue of $1.41B in Q2 2026.
How has EPAM Systems's total revenue changed year-over-year?
EPAM Systems's total revenue increased by 4.5% year-over-year, from $1.35B to $1.41B.
What is the long-term trend for EPAM Systems's total revenue?
Over 4 years (2021 to 2025), EPAM Systems's total revenue has grown at a 9.8% compound annual growth rate (CAGR), from $3.76B to $5.46B.
What does total revenue mean?
The aggregate of all revenue from the company's operations — the top line from which all profitability metrics are derived.

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