Company research
EPAM Systems, Inc.
CIK 1352010Updated Sep 24, 2026
SecurityEPAM · NYSE · equity
Name history
EPAM SYSTEMS INC · through Dec 12, 2007
EPAM price & chart
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NYSE:EPAM on TradingView ↗About the company
EPAM (NYSE:EPAM) is a global leader in AI transformation engineering and integrated consulting, serving Forbes Global 2000 companies and ambitious startups. With over thirty years of expertise in custom software, product and platform engineering, EPAM empowers organizations to become AI-native enterprises, driving measurable value from innovation and digital investments. Recognized by industry benchmarks and leading analysts as a leader in AI, EPAM delivers globally while engaging locally, making the future real for clients, partners and employees.
In the news
EPAM Successfully Delivered Cloud Infrastructure and Applications for the European Union's First Equities Consolidated Tape ↗
INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of EPAM Systems, Inc. - EPAM ↗
Recent filings
4 filing
S-8 filing
S-8 filing
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
Show 5 more recent filings
SCHEDULE 13G/A filing
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · Submission of Matters to a Vote of Security Holders
Items 5.02, 5.03, 5.07, 9.01
10-Q filing
Results of Operations and Financial Condition
Items 2.02, 9.01
DEFA14A filing
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 4,902,136,000Source | 4,750,473,000Source | 4,352,365,000Source | 4,009,151,000Source |
| Property, Plant and Equipment, NetUSD | 202,387,000Source | 207,667,000Source | 235,053,000Source | 273,348,000Source |
| GoodwillUSD | 1,210,564,000Source | 1,181,575,000Source | 562,459,000Source | 529,072,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 406,586,000Source | 436,418,000Source | 71,118,000Source | 77,652,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 1,296,077,000Source | 1,286,267,000Source | 2,036,235,000Source | 1,681,344,000Source |
| Assets, CurrentUSD | 2,533,888,000Source | 2,426,248,000Source | 3,091,361,000Source | 2,759,625,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 129,610,000Source | 136,116,000Source | 97,355,000Source | 85,319,000Source |
| Operating Lease, Right-of-Use AssetUSD | 114,875,000Source | 128,244,000Source | 134,898,000Source | 148,780,000Source |
| Other Assets, NoncurrentUSD | 138,721,000Source | 100,522,000Source | 59,575,000Source | 47,877,000Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 1,224,328,000Source | 1,119,322,000Source | 880,895,000Source | 1,006,141,000Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 54,000Source | 57,000Source | 58,000Source | 58,000Source |
| Additional Paid in CapitalUSD | 1,390,423,000Source | 1,190,222,000Source | 1,008,766,000Source | 847,965,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 18,545,000Source | -116,864,000Source | -39,040,000Source | -95,321,000Source |
| Stockholders' Equity Attributable to ParentUSD | 3,677,226,000Source | 3,629,211,000Source | 3,470,891,000Source | 3,001,532,000Source |
| Liabilities and EquityUSD | 4,902,136,000Source | 4,750,473,000Source | 4,352,365,000Source | 4,009,151,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 976,942,000Source | 821,039,000Source | 644,932,000Source | 747,483,000Source |
| Operating Lease, Liability, CurrentUSD | 37,173,000Source | 39,634,000Source | 36,558,000Source | 40,352,000Source |
| Accounts Payable, CurrentUSD | 55,329,000Source | 44,702,000Source | 31,992,000Source | 30,852,000Source |
| Operating Lease, Liability, NoncurrentUSD | 81,497,000Source | 98,426,000Source | 109,261,000Source | 122,317,000Source |
| Deferred Income Tax Liabilities, NetUSD | 76,969,000Source | 92,362,000Source | — | — |
| Other Liabilities, NoncurrentUSD | 63,886,000Source | 82,301,000Source | 100,576,000Source | 108,648,000Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | 582,000Source | 1,940,000Source | 579,000Source | 1,478,000Source |
| Additional Financial Items | ||||
| Long-term Debt, Excluding Current MaturitiesUSD | 25,034,000Source | 25,194,000Source | 26,126,000Source | 27,693,000Source |
| Short-term InvestmentsUSD | — | 1,690,000Source | 60,739,000Source | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | — | — | 417,083,000Source | 419,416,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 176,764,000Source | 167,297,000Source | 147,730,000Source | 99,909,000Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts PayableUSD | -12,683,000Source | -29,084,000Source | 154,000Source | -2,934,000Source |
| Deferred Income Tax Expense (Benefit)USD | -59,297,000Source | -64,195,000Source | -37,194,000Source | -42,164,000Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | 654,934,000Source | 559,168,000Source | 562,634,000Source | 464,104,000Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 3,432,000Source | 912,158,000Source | 24,817,000Source | 10,644,000Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -49,047,000Source | -884,980,000Source | -66,768,000Source | -182,927,000Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | 3,341,000Source | -2,312,000Source | 7,767,000Source | 29,029,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 42,243,000Source | 32,146,000Source | 28,415,000Source | 81,629,000Source |
| Cash flows from financing activities: | ||||
| Payment, Tax Withholding, Share-based Payment ArrangementUSD | 26,802,000Source | 35,190,000Source | 29,102,000Source | 26,556,000Source |
| Payments for Repurchase of Common StockUSD | 662,159,000Source | 398,028,000Source | 164,924,000Source | — |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -651,200,000Source | -390,407,000Source | -165,773,000Source | -2,021,000Source |
| Proceeds from (Payments for) Other Financing ActivitiesUSD | -6,669,000Source | -2,817,000Source | -4,053,000Source | -3,466,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | 10,985,000Source | -752,716,000Source | 359,472,000Source | 234,289,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 1,301,377,000Source | 1,290,392,000Source | 2,043,108,000Source | 1,683,636,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 1,397,000Source | 3,738,000Source | 4,698,000Source | 1,659,000Source |
| Income Taxes Paid, NetUSD | 184,430,000Source | 196,392,000Source | 177,426,000Source | 113,188,000Source |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 56,298,000Source | -36,497,000Source | 29,379,000Source | -44,867,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 176,764,000Source | 167,297,000Source | 147,730,000Source | 99,909,000Source |
| Amortization of Intangible AssetsUSD | 71,367,000Source | 29,475,000Source | 22,717,000Source | 22,223,000Source |
| DepreciationUSD | 53,100,000Source | 59,400,000Source | 68,200,000Source | 69,000,000Source |
| Other Depreciation and AmortizationUSD | 124,811,000Source | 89,559,000Source | 91,800,000Source | 92,272,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -25,925,000Source | -7,048,000Source | -15,778,000Source | -75,733,000Source |
| Gain (Loss) on Disposition of BusinessUSD | 0Source | 0Source | -25,922,000Source | — |
| GoodwillUSD | 1,210,564,000Source | 1,181,575,000Source | 562,459,000Source | 529,072,000Source |
| Goodwill, Impairment LossUSD | — | — | — | 686,000Source |
| Income Tax Expense (Benefit)USD | 127,946,000Source | 129,879,000Source | 119,502,000Source | 87,842,000Source |
| Net Income (Loss) Attributable to ParentUSD | 377,678,000Source | 454,533,000Source | 417,083,000Source | 419,416,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 377,678,000Source | 454,533,000Source | 417,083,000Source | 419,416,000Source |
| Proceeds from Issuance of Long-term DebtUSD | 5,714,000Source | 8,000Source | 825,000Source | 1,763,000Source |
| Proceeds from Stock Options ExercisedUSD | 54,578,000Source | 53,731,000Source | 51,636,000Source | 50,660,000Source |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 5,457,056,000Source | 4,727,940,000Source | 4,690,540,000Source | 4,824,698,000Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Selling, General and Administrative ExpenseUSD | 928,707,000Source | 816,300,000Source | 815,065,000Source | 872,777,000Source |
| Operating Income (Loss)USD | 520,003,000Source | 544,584,000Source | 501,239,000Source | 572,966,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | 505,624,000Source | 584,412,000Source | 536,585,000Source | 507,258,000Source |
| Income Tax Expense (Benefit)USD | 127,946,000Source | 129,879,000Source | 119,502,000Source | 87,842,000Source |
| Net Income (Loss) Attributable to ParentUSD | 377,678,000Source | 454,533,000Source | 417,083,000Source | 419,416,000Source |
| Earnings Per Share, BasicUSD per share | 6.76Source | 7.93Source | 7.21Source | 7.32Source |
| Earnings Per Share, DilutedUSD per share | 6.72Source | 7.84Source | 7.06Source | 7.09Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 55,893,000Source | 57,288,000Source | 57,829,000Source | 57,291,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 56,233,000Source | 57,983,000Source | 59,085,000Source | 59,169,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 71,367,000Source | 29,475,000Source | 22,717,000Source | 22,223,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 124,811,000Source | 89,559,000Source | 91,800,000Source | 92,272,000Source |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | -25,925,000Source | -7,048,000Source | -15,778,000Source | -75,733,000Source |
| Goodwill, Impairment LossUSD | — | — | — | 686,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD | 144,183,000Source | 193,031,000Source | 210,875,000Source | 78,564,000Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 377,678,000Source | 454,533,000Source | 417,083,000Source | 419,416,000Source |
Filing attachments
ex991-asr.htm · 8-K · 2026-03-05
EX-99.1 3 ex991-asr.htm EX-99.1 Document EPAM Enters Into $300 Million Accelerated Share Repurchase Agreement Newtown, PA, USA, March 5, 2026 - EPAM Systems, Inc. (NYSE: EPAM), a leading digital and AI transformation company, today announced that it has entered into an accelerated share repurchase agreement (ASR) with Morgan Stanley & Co. LLC to repurchase an aggregate of $300 million of its common stock. The ASR was authorized under the Company’s existing $1.0 billion share repurchase aut…
Read attachment ↗ex991-epamxixandxaxdayx202.htm · 8-K · 2026-01-13
EX-99.1 2 ex991-epamxixandxaxdayx202.htm EX-99.1 Document 41 University Drive, Suite 202 Newtown, PA 18940 press@epam.com EPAM to Host Investor Day on March 12, 2026 Sharing Long-Term Growth Strategy for the Next Wave of AI-Driven Business Transformation NEWTOWN, PA, Jan. 13, 2026 - EPAM Systems, Inc. (NYSE: EPAM), a leading digital and AI transformation company, will host an Investor Day in Boston on March 12, 2026. The event will feature remarks by EPAM's Chief Executive Officer an…
Read attachment ↗