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EPAM Systems EPAM Shares (Diluted)

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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:WeightedAverageNumberOfDilutedSharesOutstanding.

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
Provision for income taxes37,57235,74275,69956,677
Net income$102,979$88,026$185,500$161,508
Net income per share:
Basic$1.97$1.56$3.50$2.86
Diluted$1.97$1.56$3.49$2.84
Shares used in calculation of net income per share:
Basic52,19756,31952,99156,548
Diluted52,26756,53653,22056,898

Item 1. Financial Statements (Unaudited)

FAQ

What is EPAM Systems's shares (diluted)?
EPAM Systems (EPAM) reported shares (diluted) of 52.3M in Q2 2026.
How has EPAM Systems's shares (diluted) changed year-over-year?
EPAM Systems's shares (diluted) decreased by 7.6% year-over-year, from 56.5M to 52.3M.
What is the long-term trend for EPAM Systems's shares (diluted)?
Over 4 years (2021 to 2025), EPAM Systems's shares (diluted) has grown at a -1.1% compound annual growth rate (CAGR), from 236.1M to 225.8M.
What does shares (diluted) mean?
The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

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