EPAM Systems, Inc. logo

EPAM Systems, Inc.

EPAM

NYSETechnologyInformation Technology Services

Previous close

$110.34

+$3.58 · +3.35%

Aug 21, 4:00 PM ET

EPAM company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

84

Deep Value

Momentum

24

Weakening

Sentiment

80

Bullish

Risk resilience

33

High Risk

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Company profile

Company website

EPAM Systems, Inc. is a leading global provider of comprehensive digital platform engineering and software development solutions. The company's extensive service portfolio includes: Engineering Services: From initial requirements analysis and strategic platform selection to tailored customization, seamless cross-platform migration, and robust implementation and integration of new systems. Infrastructure Management: Covering the full lifecycle of software development, rigorous testing, and ongoing maintenance across private, public, and mobile infrastructures. This includes overseeing operations for applications, databases, networks, servers, storage, and broader systems management, alongside proactive monitoring, incident notification, and rapid resolution. Maintenance and Support: Ensuring the sustained performance and reliability of client systems. Operational Enhancement: Delivering solutions that streamline processes through integrated engineering practices and intelligent automation. Optimization Services: Focused on quality assurance, these include advanced software application testing, meticulous test management, automated testing, and consulting to elevate clients' existing QA practices. They also provide specialized testing to uncover potential threats and fortify business systems against information loss and cyber vulnerabilities. Consulting and Advisory: Offering expert guidance across various domains such as business strategy, user experience, technology roadmaps, data analytics, and technical advisory. Design and Innovation: Crafting digital and service design solutions, encompassing strategic planning, creative execution, and program management. Additionally, EPAM drives physical product development, leveraging cutting-edge technologies like artificial intelligence (AI), robotics, and virtual reality (VR). EPAM caters to a diverse global clientele across numerous sectors, including financial services, travel and consumer goods, software and high-tech, business information and media, and the life sciences and healthcare industries. Established in 1993, the company maintains its headquarters in Newtown, Pennsylvania.

Industry
Information Technology Services
Sector
Technology
Headquarters
US
CEO
Balazs Fejes
Listed since
Feb 8, 2012
Employees
62,850

Market position

Day range

Current $110.34

52-week range

Current $110.34

Open
$106.15
Previous close
$106.76
Volume
1.4M
0.75× average
Average volume
1.87M
Average daily volume
Market cap
5.76B USD
Beta
1.37
Market reference 1
50-day average
$92.4422
+19.36% above average
200-day average
$141.26
-21.89% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
10.3B USD
P/E (TTM)
14.89×
P/B (TTM)
1.64×
P/S (TTM)
1.03×
EV / EBITDA
16.34×
Earnings yield
3.30%
Free cash flow yield
5.35%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
28.33%
Operating margin
10.26%
Net margin
7.15%
Return on equity
10.27%
Return on assets
7.70%
Return on invested capital
9.82%

Financial health

Debt / equity
0.04×
Current ratio
2.59×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends37%26%15%4%Gross margin, FY2021: 33.91%Gross margin, FY2022: 31.88%Gross margin, FY2023: 30.57%Gross margin, FY2024: 30.68%Gross margin, FY2025: 26.55%Operating margin, FY2021: 14.43%Operating margin, FY2022: 11.88%Operating margin, FY2023: 10.69%Operating margin, FY2024: 11.52%Operating margin, FY2025: 9.55%Net margin, FY2021: 12.82%Net margin, FY2022: 8.69%Net margin, FY2023: 8.89%Net margin, FY2024: 9.61%Net margin, FY2025: 6.92%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 33.91%. Gross margin FY2022 31.88%. Gross margin FY2023 30.57%. Gross margin FY2024 30.68%. Gross margin FY2025 26.55%. Operating margin FY2021 14.43%. Operating margin FY2022 11.88%. Operating margin FY2023 10.69%. Operating margin FY2024 11.52%. Operating margin FY2025 9.55%. Net margin FY2021 12.82%. Net margin FY2022 8.69%. Net margin FY2023 8.89%. Net margin FY2024 9.61%. Net margin FY2025 6.92%.

Income trends

Revenue

5.46B USD+15.42%

Operating income

521.16M USD-4.30%

Net income

377.68M USD-16.91%
Income trends across reported periods5.96B USD3.93B USD1.9B USD−130.26M USDRevenue, FY2021: 3.76B USDRevenue, FY2022: 4.82B USDRevenue, FY2023: 4.69B USDRevenue, FY2024: 4.73B USDRevenue, FY2025: 5.46B USDOperating income, FY2021: 542.32M USDOperating income, FY2022: 572.97M USDOperating income, FY2023: 501.24M USDOperating income, FY2024: 544.58M USDOperating income, FY2025: 521.16M USDNet income, FY2021: 481.65M USDNet income, FY2022: 419.42M USDNet income, FY2023: 417.08M USDNet income, FY2024: 454.53M USDNet income, FY2025: 377.68M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 3.76B USD. Revenue FY2022 4.82B USD. Revenue FY2023 4.69B USD. Revenue FY2024 4.73B USD. Revenue FY2025 5.46B USD. Operating income FY2021 542.32M USD. Operating income FY2022 572.97M USD. Operating income FY2023 501.24M USD. Operating income FY2024 544.58M USD. Operating income FY2025 521.16M USD. Net income FY2021 481.65M USD. Net income FY2022 419.42M USD. Net income FY2023 417.08M USD. Net income FY2024 454.53M USD. Net income FY2025 377.68M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue5.46B USD4.73B USD4.69B USD4.82B USD3.76B USD
Cost of goods sold4.01B USD3.28B USD3.26B USD3.29B USD2.48B USD
Gross profit1.45B USD1.45B USD1.43B USD1.54B USD1.27B USD
Selling, general, and administrative928.71M USD816.3M USD815.07M USD872.78M USD648.74M USD
Operating expenses927.55M USD905.86M USD932.79M USD965.05M USD732.13M USD
Interest income15.01M USD46.88M USD51.12M USD10.03M USD
Interest expense1.73M USD
Depreciation and amortization124.81M USD127.1M USD132.7M USD140.05M USD145.15M USD
Operating income521.16M USD544.58M USD501.24M USD572.97M USD542.32M USD
Net income377.68M USD454.53M USD417.08M USD419.42M USD481.65M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
100%
11 beats, 0 misses, 0 met estimates
Average EPS surprise
+6.45%
11 comparable reports
Latest EPS result
3.38
Estimate 3.16 · Beat by 6.96%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates3.563.082.612.13Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 2.84, estimate 2.75, surprise +3.27%, Beat. Q2 2025, reported May 8, 2025: actual 2.41, estimate 2.27, surprise +6.17%, Beat. Q3 2025, reported Aug 7, 2025: actual 2.77, estimate 2.61, surprise +6.13%, Beat. Q4 2025, reported Nov 6, 2025: actual 3.08, estimate 3.03, surprise +1.65%, Beat. Q1 2026, reported Feb 19, 2026: actual 3.26, estimate 3.16, surprise +3.16%, Beat. Q2 2026, reported May 7, 2026: actual 2.86, estimate 2.75, surprise +4.00%, Beat. Q3 2026, reported Aug 6, 2026: actual 3.38, estimate 3.16, surprise +6.96%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 3.42, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates1.48B1.38B1.29B1.19BQ1 '25MissQ2 '25BeatQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 1.25B USD, estimate 1.27B USD, surprise -1.98%, Miss. Q2 2025, reported May 8, 2025: actual 1.3B USD, estimate 1.28B USD, surprise +1.52%, Beat. Q3 2025, reported Aug 7, 2025: actual 1.35B USD, estimate 1.38B USD, surprise -1.60%, Miss. Q4 2025, reported Nov 6, 2025: actual 1.39B USD, estimate 1.38B USD, surprise +1.36%, Beat. Q1 2026, reported Feb 19, 2026: actual 1.41B USD, estimate 1.39B USD, surprise +1.17%, Beat. Q2 2026, reported May 7, 2026: actual 1.4B USD, estimate 1.39B USD, surprise +0.40%, Beat. Q3 2026, reported Aug 6, 2026: actual 1.41B USD, estimate 1.41B USD, surprise +0.51%, Beat. Q4 2026, reported Nov 5, 2026: actual —, estimate 1.42B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

37 ratings
Strong buy00%
Buy2362%
Hold1335%
Sell13%
Strong sell00%

EPAM news

EPAM peers

ETFs holding EPAM

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