EPAM SYSTEMS, INC. (EPAM) Financial Statements
Historical financial data — 42 statements covering FY2016–FY2025
EPAM Systems is a global IT services firm with a focus on platform engineering, software development, and consulting services. The company used to host large engineer bases in Ukraine, Belarus, and...
EPAM SYSTEMS, INC.'s revenue increased 15.4% year over year, from $4.73B to $5.46B.
Net income decreased 16.9% over the same period, from $454.5M to $377.7M.
Over the 9-year period from FY2016 to FY2025, revenue grew by 370% in total.
Total debt remained relatively stable at $25.0M.
The debt-to-equity ratio stands at 0.01, indicating a conservative leverage profile.
Operating cash flow grew 17.1% to $654.9M.
EPAM SYSTEMS, INC. maintains a moderate net profit margin of 6.9%.
Recent Financial Statements
Quarterly figures are standalone quarters, de-cumulated from YTD filings (Q4 = FY − Q3 YTD when not reported).
| Period | Revenue | Net Income | Gross Profit | EBIT | Op. Cash Flow | Total Assets | Total Debt | Equity |
|---|---|---|---|---|---|---|---|---|
| Q3 FY2024 | $1.17B+1.8% | $136.3M | $403.5M | $177.0M | $242.0M | $4.46B | $25.3M | $3.55B |
| Q4 FY2024 | $1.25B+6.9% | $103.3M | $380.0M | $136.5M | $130.3M | $4.75B | $25.2M | $3.63B |
| Q1 FY2025 | $1.30B+4.3% | $73.5M | $349.7M | $99.3M | $24.2M | $4.72B | $25.1M | $3.64B |
| Q2 FY2025 | $1.35B+4.0% | $88.0M | $389.4M | $126.5M | $53.2M | $4.71B | $25.0M | $3.67B |
| Q3 FY2025 | $1.39B+3.0% | $106.8M | $411.2M | $144.9M | $294.7M | $4.84B | $25.0M | $3.73B |
| Q4 FY2025 | $1.41B+0.9% | $109.4M | $423.2M | $149.3M | $282.9M | $4.90B | $25.0M | $3.68B |
| Q1 FY2026 | $1.40B-0.5% | $82.5M | $388.0M | $116.8M | $-36.4M | $4.70B | $287.9M | $3.43B |
| Q2 FY2026 | $1.41B+1.1% | $103.0M | $429.6M | $152.2M | $-2.4M | $4.57B | $152.2M | $3.52B |
Balance Sheet Summary (Q2 FY2026)
EPAM SYSTEMS, INC. (EPAM) Financial Statements & Revenue History
EPAM SYSTEMS, INC. (EPAM) is a US-listed stock operating in the Technology sector, specifically the Services-Computer Programming Services industry trading at $122.19 with a market capitalization of $6. This page provides 42 historical financial statements for EPAM SYSTEMS, INC., including income statement, balance sheet, and cash flow data across multiple reporting periods. Most recently, EPAM SYSTEMS, INC. reported revenue of $5.5 billion, representing 15.4% year-over-year growth. The net profit margin of 6.9% indicates moderate profitability. The debt-to-equity ratio of 0.01 shows conservative leverage.
EPAM Income Statement, Balance Sheet & Cash Flow
The financial statements table above shows EPAM SYSTEMS, INC.'s revenue, net income, gross profit, EBIT, operating cash flow, total assets, total debt, and shareholders' equity across the most recent reporting periods. Year-over-year growth rates help identify whether EPAM is accelerating or decelerating in terms of top-line revenue and bottom-line profitability.
- Revenue trend: Track EPAM's top-line growth across quarters and fiscal years to identify acceleration or deceleration in the business.
- Profitability: Net income and gross profit margins reveal how efficiently EPAM SYSTEMS, INC. converts revenue into earnings.
- Balance sheet health: Total assets, liabilities, debt, and equity provide a snapshot of EPAM's financial position and leverage.
- Cash flow: Operating cash flow shows how much cash the business generates from its core operations, which is critical for funding dividends, buybacks, and growth.
How to Use EPAM Financial Data
Investors use EPAM SYSTEMS, INC.'s financial statements to assess the company's financial health, growth trajectory, and valuation. Key metrics to focus on include:
- Revenue growth rate: Consistent double-digit revenue growth suggests a strong business; declining revenue may signal competitive pressure.
- Net profit margin: Higher margins indicate a more efficient business with pricing power. Compare EPAM's margins to sector peers for context.
- Debt levels: High debt-to-equity ratios increase financial risk, especially in rising-rate environments. Low debt provides flexibility.
- Valuation multiples: See how EPAM's P/E, P/S, and EV/EBITDA ratios compare to historical levels.
- Full analysis: View EPAM's financial health score, earnings, and pre-market pricing.
Financial data is sourced from EPAM SYSTEMS, INC.'s SEC filings (10-K, 10-Q) via Polygon.io and Finnhub.EPAM trades on NYSE/NASDAQ. This page is for informational purposes only and is not financial advice.