EPAM Systems (EPAM) Financials: History & Chart

EPAM Systems, Inc. (EPAM)EPAMEPAM Systems, Inc.

About EPAM Systems, Inc.

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.

Newtown, PA

61,200 employees

www.epam.com

Technology / Information Technology Services

Sector: Technology
Industry: Information Technology Services
CEO: Balazs Fejes

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Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024	Quarter ended Jun 2024
Revenue	5.56B	1.40B	1.41B	1.39B	1.35B	1.30B	1.25B	1.17B	1.15B
Cost of Goods Sold	4.01B	1.04B	984.35M	1.01B	964.01M	952.01M	868.31M	763.99M	810.86M
Gross Profit	1.55B	358.34M	423.20M	379.89M	389.43M	349.68M	380.04M	403.54M	335.74M
Gross Profit Margin	27.9%	25.6%	30.1%	27.2%	28.8%	26.9%	30.4%	34.6%	29.3%
Total Operating Expenses	1.00B	239.70M	273.95M	223.86M	262.95M	250.35M	243.53M	226.56M	215.18M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	938.40M	239.70M	243.16M	223.86M	231.68M	218.92M	216.97M	206.82M	194.06M
Operating Income (EBIT)	550.40M	118.64M	149.25M	156.03M	126.48M	99.33M	136.51M	176.98M	120.56M
Operating Margin	9.9%	8.5%	10.6%	11.2%	9.3%	7.6%	10.9%	15.2%	10.5%
Income Before Tax (EBT)	531.86M	120.65M	143.82M	143.62M	123.77M	94.42M	137.33M	189.62M	133.81M
Interest Income	8.06M	597K	89K	3.86M	3.52M	5.81M	6.45M	13.35M	12.04M
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Other Income/Expense	-18.55M	2.01M	-5.43M	-12.42M	-2.71M	-4.91M	819K	12.64M	13.25M
Net Income	386.72M	82.52M	109.35M	106.82M	88.03M	73.48M	103.30M	136.35M	98.64M
Income Tax Expense	145.14M	38.13M	34.47M	36.80M	35.74M	20.93M	34.03M	53.27M	35.16M
Net Profit Margin	7.0%	5.9%	7.8%	7.7%	6.5%	5.6%	8.3%	11.7%	8.6%
EBITDA	696.40M	160.61M	180.04M	187.35M	168.40M	140.70M	172.56M	205.99M	151.02M
EBITDA Margin	12.5%	11.5%	12.8%	13.4%	12.4%	10.8%	13.8%	17.6%	13.2%
Depreciation & Amortization	146.00M	41.97M	30.79M	31.31M	41.93M	41.37M	36.05M	29.01M	30.46M
EPS Basic	7.00	1.53	1.99	1.92	1.56	1.29	1.82	2.40	1.71
EPS Diluted	6.97	1.52	1.98	1.91	1.56	1.28	1.80	2.37	1.70
Shares Outstanding	53.79M	53.79M	54.94M	55.56M	56.55M	56.78M	56.82M	56.91M	57.59M
Diluted Shares Outstanding	54.18M	54.18M	55.34M	55.82M	56.90M	57.26M	57.44M	57.42M	58.15M

Annual Income Statement (USD)

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Annual Report	12/31/2025	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018
Revenue	5.46B	4.73B	4.69B	4.82B	3.76B	2.66B	2.29B	1.84B
Cost of Goods Sold	4.01B	3.28B	3.26B	3.29B	2.48B	1.73B	1.49B	1.19B
Gross Profit	1.45B	1.45B	1.43B	1.54B	1.27B	926.96M	805.60M	655.99M
Gross Profit Margin	26.5%	30.7%	30.6%	31.9%	33.9%	34.9%	35.1%	35.6%
Total Operating Expenses	927.55M	905.86M	932.79M	965.05M	732.13M	547.63M	502.75M	410.23M
Research & Development	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Selling, General & Administrative	928.71M	816.30M	815.07M	872.78M	648.74M	484.76M	457.43M	373.59M
Operating Income (EBIT)	521.16M	544.58M	501.24M	572.97M	542.32M	379.32M	302.85M	245.76M
Operating Margin	9.6%	11.5%	10.7%	11.9%	14.4%	14.3%	13.2%	13.3%
Income Before Tax (EBT)	505.62M	584.41M	536.59M	507.26M	533.39M	378.48M	299.53M	249.77M
Interest Income	15.01M	46.88M	51.12M	10.03M	N/A	3.82M	8.72M	3.52M
Interest Expense	N/A	N/A	N/A	N/A	1.73M	N/A	N/A	N/A
Other Income/Expense	-15.54M	39.83M	35.35M	-65.71M	-8.92M	-845K	-3.32M	4.01M
Net Income	377.68M	454.53M	417.08M	419.42M	481.65M	327.16M	261.06M	240.26M
Income Tax Expense	127.95M	129.88M	119.50M	87.84M	51.74M	51.32M	38.47M	9.52M
Net Profit Margin	6.9%	9.6%	8.9%	8.7%	12.8%	12.3%	11.4%	13.0%
EBITDA	645.97M	671.69M	633.94M	713.01M	687.47M	508.57M	404.03M	282.40M
EBITDA Margin	11.8%	14.2%	13.5%	14.8%	18.3%	19.1%	17.6%	15.3%
Depreciation & Amortization	124.81M	127.10M	132.70M	140.05M	145.15M	129.24M	101.18M	36.64M
EPS Basic	6.76	7.93	7.21	7.32	8.52	5.87	4.77	4.24
EPS Diluted	6.72	7.84	7.06	7.09	8.15	5.60	4.53	4.24
Shares Outstanding	55.89M	57.29M	57.83M	57.29M	56.51M	55.73M	57.63M	56.66M
Diluted Shares Outstanding	56.23M	57.98M	59.09M	59.17M	59.06M	58.45M	57.67M	56.67M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.