EPAM
EPAM Systems, Inc.
$86.38
+2.49 (+2.97%)
At close · Jul 13
Market Cap
$4.51B
Shares
52,244,451
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Revenue
$5.46B
+15.4%
FY2025
Net Income
$377.68M
-16.9%
FY2025
Gross Margin
28.83%
-1.8pp
FY2025
Operating Margin
9.53%
-2pp
FY2025
Diluted EPS
$6.72
-14.3%
FY2025
Operating Cash Flow
$654.93M
+17.1%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | FY2026 (G) | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | $5.56B | $5.46B | $4.73B | $4.69B | $4.82B | $3.76B | $2.66B | $2.29B | $1.84B | $1.45B | $1.16B | $914.13M | $730.03M | $555.12M | $433.8M | |
| — | $3.94B | $3.88B | $3.28B | $3.26B | $3.29B | $2.48B | $1.73B | $1.49B | $1.19B | $921.35M | $737.19M | $566.91M | $456.53M | $347.65M | $270.36M | |
| — | $1.61B | $1.57B | $1.45B | $1.43B | $1.54B | $1.27B | $926.96M | $805.6M | $655.99M | $529.1M | $422.95M | $347.22M | $273.5M | $207.47M | $163.44M | |
| — | — | 28.83% | 30.68% | 30.57% | 31.88% | 33.91% | 34.85% | 35.12% | 35.6% | 36.48% | 36.46% | 37.98% | 37.46% | 37.37% | 37.68% | |
| — | $949.49M | $928.71M | $816.3M | $815.07M | $872.78M | $648.74M | $484.76M | $457.43M | $373.59M | $324.86M | $264.66M | $222.76M | $163.67M | $116.5M | $85.87M | |
| — | — | $71.37M | $29.48M | $22.72M | $22.22M | $17.65M | $12.34M | $9.91M | $8.51M | $7.56M | $8.17M | $5.42M | $5.35M | $2.79M | $1.02M | |
| — | $124.91M | $124.81M | $89.56M | $91.8M | $92.27M | $83.4M | $62.87M | $45.32M | $36.64M | $28.56M | $23.39M | $17.4M | $17.48M | $15.12M | $10.88M | |
| — | — | $47.89M | $31.27M | $28.99M | — | — | — | — | — | — | — | — | — | — | — | |
| — | $537.44M | $520M | $544.58M | $501.24M | $572.97M | $542.32M | $379.32M | $302.85M | $245.76M | $172.95M | $133.7M | $105.97M | $86.18M | $76.49M | $66.01M | |
| — | — | 9.53% | 11.52% | 10.69% | 11.88% | 14.43% | 14.26% | 13.2% | 13.34% | 11.92% | 11.52% | 11.59% | 11.81% | 13.78% | 15.22% | |
| — | $662.35M | $644.81M | $634.14M | $593.04M | $665.24M | $625.71M | $442.2M | $348.17M | $282.4M | $201.51M | $157.08M | $123.36M | $103.67M | $91.61M | $76.89M | |
| — | $531.86M | $505.62M | $584.41M | $536.59M | $507.26M | $533.39M | $378.48M | $299.53M | $249.77M | $174.31M | $126.47M | $106.07M | $86.95M | $76.77M | $65.86M | |
| — | $145.14M | $127.95M | $129.88M | $119.5M | $87.84M | $51.74M | $51.32M | $38.47M | $9.52M | $101.55M | $27.2M | $21.61M | $17.31M | $14.78M | $11.38M | |
| — | $386.72M | $377.68M | $454.53M | $417.08M | $419.42M | $481.65M | $327.16M | $261.06M | $240.26M | $72.76M | $99.27M | $84.46M | $69.64M | $61.99M | $54.48M | |
| — | — | 6.92% | 9.61% | 8.89% | 8.69% | 12.82% | 12.3% | 11.38% | 13.04% | 5.02% | 8.56% | 9.24% | 9.54% | 11.17% | 12.56% | |
| — | — | — | — | — | — | — | — | — | — | — | — | — | $0 | $0 | -$3.34M | |
| — | $386.72M | $377.68M | $454.53M | $417.08M | $419.42M | $481.65M | — | — | — | — | — | — | $69.64M | $61.99M | $51.14M | |
| — | $434.81M | $513.09M | $376.71M | $473.36M | $378.3M | $452.96M | $333.02M | $271.2M | $216.37M | $92.83M | $96.73M | $71.36M | $49.39M | $61.18M | $56.98M | |
| USD/shares | — | — | $6.76 | $7.93 | $7.21 | $7.32 | $8.52 | $5.87 | $4.77 | $4.48 | $1.40 | $1.97 | $1.73 | $1.48 | $1.35 | — |
| USD/shares | $8.29 – $8.59 | — | $6.72 | $7.84 | $7.06 | $7.09 | $8.15 | $5.60 | $4.53 | $4.24 | $1.32 | $1.87 | $1.62 | $1.40 | $1.28 | — |
| shares | — | — | 55.89M | 57.29M | 57.83M | 57.29M | 56.51M | 55.73M | 54.72M | 53.62M | 52.08M | 50.31M | 48.72M | 47.19M | 45.75K | — |
| shares | — | — | 56.23M | 57.98M | 59.09M | 59.17M | 59.06M | 58.45M | 57.67M | 56.67M | 54.98M | 53.22M | 51.99M | 49.73M | 48.36K | — |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
TTM: trailing twelve months through the latest reported quarter — flows sum the last four quarters, balances take the latest. 3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2023–FY2025: $1.23B in buybacks.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against the industry, and each ratio recomputed as of past filing dates.
Valuation
EV/Revenue
—
Information Technology Services median 1.26×
EV/EBIT
—
Information Technology Services median 12.42×
P/E (TTM)
12.41×
Information Technology Services median 16.56×
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| Americas Segment | $3,166,116,000 | $2,866,339,000 | $2,765,022,000 | — | — | — | — | — |
| Europe Segment | $2,290,940,000 | $1,861,601,000 | $1,909,443,000 | $1,853,056,000 | $1,350,484,000 | $947,305,000 | $820,717,000 | $692,785,000 |
| North America Segment | — | — | — | $2,898,554,000 | $2,242,248,000 | $1,601,820,000 | $1,380,944,000 | $1,076,979,000 |
| Russia Segment | — | — | $16,075,000 | $73,088,000 | $165,412,000 | $110,353,000 | $92,137,000 | $73,148,000 |
By Geography (USD)
| Component | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|---|---|
| United States | $2,834,343,000 | $2,680,063,000 | $2,633,730,000 | $2,761,050,000 | $2,125,301,000 | $1,523,731,000 | $1,321,662,000 | $1,029,327,000 |
| Other Countries | $1,123,687,000 | $721,954,000 | $689,733,000 | $564,062,000 | $366,319,000 | $228,297,000 | $200,213,000 | $176,191,000 |
| United Kingdom | $597,317,000 | $523,369,000 | $585,172,000 | $619,305,000 | $474,941,000 | $331,217,000 | $290,039,000 | $200,918,000 |
| Switzerland | $438,495,000 | $407,849,000 | $367,121,000 | $323,424,000 | $271,208,000 | $203,391,000 | $152,710,000 | $144,398,000 |
| Germany | $233,429,000 | $206,129,000 | $178,492,000 | $161,758,000 | $113,727,000 | $84,902,000 | $82,441,000 | $80,787,000 |
| Netherlands | $229,785,000 | $188,576,000 | $236,292,000 | $215,444,000 | $154,816,000 | $114,678,000 | $88,488,000 | $70,274,000 |
| Canada | — | $88,352,000 | $97,983,000 | $114,910,000 | $96,646,000 | $68,416,000 | $68,304,000 | $69,836,000 |
| Russia | — | $0 | $16,075,000 | $73,088,000 | $155,186,000 | $104,846,000 | $89,941,000 | $71,181,000 |
| Central and Eastern Europe | — | $0 | $22,958,000 | $79,205,000 | — | $114,702,000 | $100,471,000 | — |
| CIS | — | — | — | — | — | $114,702,000 | $100,471,000 | — |
| Americas | — | $2,834,704,000 | $2,742,662,000 | $2,887,204,000 | — | $1,595,136,000 | $1,390,015,000 | — |
| Asia Pacific | — | $100,038,000 | $102,138,000 | $120,370,000 | — | $69,798,000 | $56,446,000 | — |
| Europe | — | $1,861,601,000 | $1,909,443,000 | $1,853,056,000 | — | — | — | — |
| North America | — | $2,866,339,000 | $2,765,022,000 | $2,898,554,000 | — | $1,595,136,000 | $1,390,015,000 | — |
| EMEA | — | $1,793,198,000 | $1,822,782,000 | $1,737,919,000 | — | $879,842,000 | $746,866,000 | — |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 |
|---|---|---|---|---|---|---|---|
| North America Segment | $520,945,000 | $589,412,000 | $462,798,000 | $345,196,000 | $293,757,000 | $221,846,000 | $169,340,000 |
| Europe Segment | $250,634,000 | $223,276,000 | $233,727,000 | $152,902,000 | $114,863,000 | $115,876,000 | $92,080,000 |
| Russia Segment | -$5,866,000 | -$13,460,000 | $32,547,000 | $5,811,000 | $17,347,000 | $11,377,000 | $13,906,000 |
| Operating Segments | — | — | — | — | $425,967,000 | $349,099,000 | $275,326,000 |
Operating Margin by Segment (%)
| Component | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|---|
| Europe Segment | 13.1% | 12% | 17.3% | 16.1% | 14% | 16.7% |
| North America Segment | — | 20.3% | 20.6% | 21.6% | 21.3% | 20.6% |
| Russia Segment | -36.5% | -18.4% | 19.7% | 5.3% | 18.8% | 15.6% |
Key facts
CIK
1352010
CUSIP
29414B104
13F (30d)
48 filings
26 filers
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