EPAM Q3 2024 Earnings — EPAM Systems, Inc. Revenue & Financial Results | Market Cap Arena

EPAMEPAM Systems, Inc.

$8B

Q3 2024 Earnings

Technology Information Technology Services

Income Statement

Revenue

$1.2B+1.3% YoY

Gross Profit

$404M34.6% margin

Operating Income

$177M15.2% margin

Net Income

$136M11.7% margin

EPS (Diluted)

$2.37

QoQ Revenue Growth

+1.8%

Cash Flow

Operating Cash Flow

$242M

Free Cash Flow

$237M

Stock-Based Comp.

$42M

Balance Sheet

Total Assets

$4.5B

Total Liabilities

$903M

Stockholders' Equity

$3.6B

Cash & Equivalents

$2.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.2B	$1.2B	+1.3%
Gross Profit	$404M	$358M	+12.8%
Operating Income	$177M	$114M	+55.2%
Net Income	$136M	$97M	+40.3%

Revenue Segments

Financial Services Sector

$255M22%

Consumer Goods, Retail & Travel

$251M22%

Software And Hi-Tech Sector

$178M15%

Emerging Vertical Sector

$174M15%

Business Information and Media Sectors

$167M14%

Healthcare Sector

$142M12%

Geographic Segments

UNITED STATES

$667M57%

Other Countries

$149M13%

UNITED KINGDOM

$126M11%

SWITZERLAND

$104M9%

GERMANY

$54M5%

NETHERLANDS

$46M4%

CANADA

$22M2%