EPAM (EPAM Systems, Inc.) Stock Financials & Earnings

EPAMEPAM Systems, Inc.

Mkt Cap$8B

Revenue (TTM)$5.5B

Net Income (TTM)$378M

EPS (TTM)$6.73

Free Cash Flow (TTM)$613M

Gross Margin28.3%

Op. Margin9.7%

Net Margin6.9%

FCF Margin11.2%

P/S Ratio (TTM)1.4x

P/E Ratio (TTM)20.7x

YoY Rev Growth+15.4%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$1.2B	$355M	$120M
Q2 23	$1.2B	$361M	$144M
Q3 23	$1.2B	$358M	$114M
Q4 23	$1.2B	$360M	$122M
Q1 24	$1.2B	$331M	$111M
Q2 24	$1.1B	$336M	$121M
Q3 24	$1.2B	$404M	$177M
Q4 24	$1.2B	$380M	$137M
Q1 25	$1.3B	$350M	$99M
Q2 25	$1.4B	$389M	$126M
Q3 25	$1.4B	$380M	$156M
Q4 25	$1.4B	$423M	$149M

Revenue Breakdown

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Revenue Segments

Quarter	Business Information and Media Sectors	Consumer Goods, Retail & Travel	Emerging Vertical Sector	Financial Services Sector	Healthcare Sector	Software And Hi-Tech Sector
Q1 23	$202M	$278M	$159M	$271M	$111M	$189M
Q2 23	$190M	$273M	$158M	$259M	$114M	$175M
Q3 23	$184M	$263M	$160M	$246M	$124M	$174M
Q4 23	$178M	$258M	$170M	$242M	$140M	$169M
Q1 24	$170M	$259M	$180M	$243M	$140M	$173M
Q2 24	$166M	$252M	$175M	$244M	$140M	$169M
Q3 24	$167M	$251M	$174M	$255M	$142M	$178M
Q4 24	$171M	$251M	$212M	$281M	$152M	$182M
Q1 25	$167M	$256M	$221M	$314M	$155M	$190M
Q2 25	$170M	$268M	$226M	$328M	$157M	$205M
Q3 25	$168M	$276M	$242M	$338M	$159M	$212M

Revenue by Geography

Quarter	Canada	Germany	Netherlands	Other Countries	Russia Segment	Switzerland	United Kingdom	United States
Q1 23	$28M	$43M	$59M	$151M	$6M	$90M	$155M	$679M
Q2 23	$26M	$45M	$58M	$143M	$6M	$89M	$152M	$650M
Q3 23	$22M	$45M	$59M	$140M	$2M	$92M	$141M	$653M
Q4 23	$22M	$46M	$60M	$145M	—	$96M	$137M	$652M
Q1 24	$23M	$50M	$52M	$139M	—	$98M	$145M	$667M
Q2 24	$21M	$50M	$45M	$162M	—	$101M	$128M	$663M
Q3 24	$22M	$54M	$46M	$149M	—	$104M	$126M	$667M
Q4 24	$23M	$53M	$46M	$184M	—	$104M	$125M	$683M
Q1 25	—	$52M	$47M	$265M	—	$105M	$145M	$688M
Q2 25	—	$56M	$57M	$270M	—	$110M	$150M	$710M
Q3 25	—	$60M	$61M	$291M	—	$113M	$153M	$716M
Q4 25	—	$65M	$65M	$298M	—	$110M	$150M	$720M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$1.7B	$60M	$1.8B
Q2 23	$1.8B	$71M	$1.8B
Q3 23	$1.9B	$60M	$1.9B
Q4 23	$2.0B	$61M	$2.1B
Q1 24	$2.0B	$62M	$2.0B
Q2 24	$1.8B	$61M	$1.8B
Q3 24	$2.0B	$22M	$2.1B
Q4 24	$1.3B	$2M	$1.3B
Q1 25	$1.2B	$0	$1.2B
Q2 25	$1.0B	$0	$1.0B
Q3 25	$1.2B	$0	$1.2B
Q4 25	$1.3B	$0	$1.3B

Shares Outstanding

Revenue Per Employee

Revenue / Employee