EPAM Q3 2022 Earnings — EPAM Systems, Inc. Revenue & Financial Results | Market Cap Arena

EPAMEPAM Systems, Inc.

$8B

Q3 2022 Earnings

Technology Information Technology Services

Income Statement

Revenue

$1.2B+24.1% YoY

Gross Profit

$400M32.6% margin

Operating Income

$180M14.7% margin

Net Income

$156M12.7% margin

EPS (Diluted)

$2.63

QoQ Revenue Growth

+2.7%

Cash Flow

Operating Cash Flow

$252M

Free Cash Flow

$234M

Stock-Based Comp.

$33M

Balance Sheet

Total Assets

$3.7B

Total Liabilities

$977M

Stockholders' Equity

$2.8B

Cash & Equivalents

$1.5B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$989M	+24.1%
Gross Profit	$400M	$335M	+19.4%
Operating Income	$180M	$144M	+25.0%
Net Income	$156M	$116M	+34.9%

Revenue Segments

Consumer Goods, Retail & Travel

$280M23%

Financial Services Sector

$255M21%

Business Information and Media Sectors

$209M17%

Software And Hi-Tech Sector

$205M17%

Emerging Vertical Sector

$148M12%

Healthcare Sector

$130M11%

Geographic Segments

UNITED STATES

$715M58%

UNITED KINGDOM

$161M13%

Other Countries

$140M11%

SWITZERLAND

$76M6%

NETHERLANDS

$57M5%

GERMANY

$40M3%

CANADA

$29M2%

Russia Segment

$8M1%