EPAM Q2 2022 Earnings — EPAM Systems, Inc. Revenue & Financial Results | Market Cap Arena

EPAMEPAM Systems, Inc.

$8B

Q2 2022 Earnings

Technology Information Technology Services

Income Statement

Revenue

$1.2B+35.6% YoY

Gross Profit

$349M29.2% margin

Operating Income

$93M7.8% margin

Net Income

$19M1.6% margin

EPS (Diluted)

$0.32

QoQ Revenue Growth

+2.0%

Cash Flow

Operating Cash Flow

$78M

Free Cash Flow

$59M

Stock-Based Comp.

$28M

Balance Sheet

Total Assets

$3.6B

Total Liabilities

$940M

Stockholders' Equity

$2.6B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$881M	+35.6%
Gross Profit	$349M	$298M	+17.1%
Operating Income	$93M	$125M	-25.7%
Net Income	$19M	$115M	-83.8%

Revenue Segments

Consumer Goods, Retail & Travel

$276M23%

Financial Services Sector

$251M21%

Business Information and Media Sectors

$198M17%

Software And Hi-Tech Sector

$195M16%

Emerging Vertical Sector

$146M12%

Healthcare Sector

$128M11%

Geographic Segments

UNITED STATES

$687M57%

UNITED KINGDOM

$150M13%

Other Countries

$138M12%

SWITZERLAND

$79M7%

NETHERLANDS

$51M4%

GERMANY

$40M3%

CANADA

$32M3%

Russia Segment

$18M2%