EPAM Systems, Inc.

NYSE•EPAM

CEO: Mr. Arkadiy Dobkin

Sector: Technology

Industry: Information Technology Services

Listing Date: 2012-02-08

EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; infrastructure management services, such as software development, testing, performance tuning, deployment, maintenance, and support services. It also provides operation solutions comprising integrated engineering practices and smart automation services. In addition, the company offers business, experience, technology, data, and technical advisory consulting services; and digital and service design solutions, which comprise strategy, design, creative, and program management services, as well as physical product development, such as artificial intelligence, robotics, and virtual reality. The company serves the financial services, travel and consumer, software and hi-tech, business information and media, life sciences and healthcare, and other industries EPAM Systems, Inc. was founded in 1993 and is headquartered in Newtown, Pennsylvania.

Contact Information

41 University Drive, Suite 202, Newtown, PA, 18940, United States

267-759-9000

www.epam.com

Market Cap

$7.69B

P/E (TTM)

20.2

25.2

Dividend Yield

52W High

$222.53

52W Low

$125.57

52W Range

14%

Rank27Top 14.4%

5.4

F-Score

Modified Piotroski Analysis

Based on 10-year fundamentals

Average • 5.4 / 9 points

Scoring Range (0-9)

8-9: Excellent Value

6-7: Strong Fundamentals

4-5: Average Quality

0-3: Weak Performance

Data Period: 2016-2025

Financial Dashboard

Q4 2025 Data

Revenue

$1.41B+0.00%

4-Quarter Trend

EPS

$1.99+0.00%

4-Quarter Trend

FCF

$268.11M+0.00%

4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Total Revenue Growth Total revenues reached $5.457B USD, marking a strong 15.4% increase from $4.728B USD last year.

Client Concentration Decreasing Client concentration decreased; top five clients accounted for 13.7% of revenues, down from 15.8% previously.

Delivery Personnel Expansion Global delivery personnel grew to 56,600 professionals, reflecting 2.7% growth over the prior year headcount.

Strong Liquidity Position Ending cash position strong at $1.301B USD, slightly increasing from $1.290B USD at the end of 2024.

Risk Factors

Net Income Decline Net income declined significantly by 17.0% to $377.68M USD, impacted by cost pressures and acquisitions.

Geopolitical Conflict Risks Ongoing conflict in Ukraine poses security risks to 8,750 personnel; escalation could jeopardize operations and financial results.

AI Adoption Competition Rapid AI adoption creates competition, potentially reducing service demand or forcing price concessions, adversely affecting financial results.

Cost of Revenues Inflation Cost of revenues increased 18.5% to $3.884B USD, outpacing revenue growth and compressing operating margins.

Outlook

AI-Native Transformation Focus Strategy pivots toward end-to-end AI-native transformations, requiring deep expertise across all service lines for competitive advantage.

New Share Repurchase Plan Authorized $1.0B USD repurchase program; funds retained for expansion and stock buybacks instead of future cash dividends.

Geographic Diversification Strategy Continue diversifying employee base via hiring and acquisitions in India, Asia, and Latin America to mitigate geographic concentration risks.

Talent Development Investment Invest heavily in talent development, consuming 2.6M learning hours in 2025, focusing on engineering skills and AI readiness.

Peer Comparison

Revenue (TTM)

$15.12B

+0.1%

AMKR

$6.71B

+6.2%

EPAM

$5.46B

+15.4%

Gross Margin (Latest Quarter)

AUR

38000.0%

+0.0pp

DLB

87.5%

-1.0pp

MTCH

74.7%

+2.1pp

Key Metrics

Symbol	Market Cap	P/E (TTM)	ROE (TTM)	Debt to Assets
TSEM	$15.49B	68.7	7.8%	4.9%
JKHY	$11.88B	23.4	23.8%	3.5%
AMKR	$11.82B	31.6	8.7%	19.2%

Long-Term Trends

Last 4 Quarters

Revenue

Net Income

Operating Cash Flow

4Q Revenue CAGR

2.6%

Moderate Growth

4Q Net Income CAGR

14.2%

Profitability Improving

Cash Flow Stability

100%

Strong Cash Flow

Deep Research

Next earnings:Apr 30, 2026

EPS:$2.75

Revenue:$1.40B

Financials

Earnings Calls

Reports

News

Income Statement

Balance Sheet

Cash Flow Statement

Ratios

% Chg.

Income Statement	LTM

No Data