EPAM Q1 2022 Earnings — EPAM Systems, Inc. Revenue & Financial Results | Market Cap Arena

EPAMEPAM Systems, Inc.

$8B

Q1 2022 Earnings

Technology Information Technology Services

Income Statement

Revenue

$1.2B+50.1% YoY

Gross Profit

$391M33.4% margin

Operating Income

$129M11.0% margin

Net Income

$90M7.7% margin

EPS (Diluted)

$1.52

QoQ Revenue Growth

+5.8%

Cash Flow

Operating Cash Flow

-$52M

Free Cash Flow

-$75M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$3.5B

Total Liabilities

$954M

Stockholders' Equity

$2.6B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$781M	+50.1%
Gross Profit	$391M	$261M	+49.5%
Operating Income	$129M	$107M	+20.5%
Net Income	$90M	$109M	-17.7%

Revenue Segments

Consumer Goods, Retail & Travel

$265M23%

Financial Services Sector

$260M22%

Business Information and Media Sectors

$194M17%

Software And Hi-Tech Sector

$189M16%

Emerging Vertical Sector

$139M12%

Healthcare Sector

$124M11%

Geographic Segments

UNITED STATES

$657M56%

UNITED KINGDOM

$153M13%

Other Countries

$135M12%

SWITZERLAND

$82M7%

NETHERLANDS

$50M4%

GERMANY

$36M3%

Russia Segment

$31M3%

CANADA

$27M2%