Which has grown faster, EPAM or VRNS?

Over the past five years, VRNS grew revenue faster — EPAM at a 13.08% CAGR versus VRNS at 15.48%.

Is EPAM or VRNS more profitable?

EPAM runs the higher net margin — EPAM at 7.15% versus VRNS at -20.55%.

How have EPAM and VRNS total returns compared?

Over the past 10 years, EPAM delivered 5.13% and VRNS delivered 16.81% annualized total return. Past performance doesn't predict future results.

EPAM Systems, Inc. (EPAM) vs Varonis Systems, Inc. (VRNS)

A side-by-side comparison of EPAM Systems, Inc. and Varonis Systems, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 2, 2026. Differences are shown without an overall score or investment verdict.

EPAM

EPAM Systems, Inc.

$5.66B

$108.29TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT

VRNS

Varonis Systems, Inc.

$5.46B

$47.57TechnologyDelayed quote: Oct 2, 2026, 4:00 PM EDT

Total return — EPAM vs VRNS

growth of $100 · dividends reinvested · last 10y

EPAM +69.0% (+5.4%/yr)VRNS +371.7% (+16.8%/yr)VRNS compounded faster over this window

EPAM VRNS

EPAM vs VRNS: by the numbers

•EPAM is the larger company ($5.66B vs $5.46B market cap).
•EPAM is profitable (7.15% net margin) while VRNS runs a net loss (-20.55%).
•VRNS grew revenue faster over the past five years (15.48% vs 13.08% CAGR).

Metrics side by side

Valuation

Metric	EPAM	VRNS
P/E ratio	14.67	N/A
Forward P/E	8.24	318.49
PEG ratio	3.96	N/A
P/S ratio	1.01	7.94
P/B ratio	1.61	12.29
EV / EBITDA	7.05	N/A
FCF yield	8.53%	2.23%

Profitability

Metric	EPAM	VRNS
Gross margin	28.33%	77.07%
Operating margin	10.26%	-21.99%
Net margin	7.15%	-20.55%
ROE	11.42%	-31.81%
ROIC	11.07%	-14.43%

Growth (annualized)

Metric	EPAM	VRNS
Revenue CAGR (5Y)	13.08%	15.48%
EPS CAGR (5Y)	2.86%	N/A
FCF CAGR (5Y)	6.36%	71.26%
Total return CAGR (5Y)	-27.62%	-5.28%

Frequently asked

Which has grown faster, EPAM or VRNS?: Over the past five years, VRNS grew revenue faster — EPAM at a 13.08% CAGR versus VRNS at 15.48%.
Is EPAM or VRNS more profitable?: EPAM runs the higher net margin — EPAM at 7.15% versus VRNS at -20.55%.
How have EPAM and VRNS total returns compared?: Over the past 10 years, EPAM delivered 5.13% and VRNS delivered 16.81% annualized total return. Past performance doesn't predict future results.

Go deeper

Full EPAM analysis Full VRNS analysis Interactive comparison tool

Dig into the metrics

EPAM Systems P/E ratio EPAM Systems ROE Varonis Systems ROE EPAM Systems operating margin Varonis Systems operating margin EPAM Systems revenue growth Varonis Systems revenue growth EPAM Systems free cash flow Varonis Systems free cash flow

EPAM Systems & Varonis Systems appear in these rankings

Fastest Revenue Growth Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks Lowest P/E Ratio Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 2, 2026.