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EPAM

EPAM Systems

Information TechnologyComputer Services
Ticker EPAMNEWTOWN, PAFiscal year ends DecemberBook value per share $66.12Diluted shares 53.2M

EPAM Systems, Inc. (NYSE: EPAM) provides digital engineering, cloud and artificial intelligence-enabled transformation services, as well as business and experience consulting, to global enterprises and start-ups. Its work spans software and product development, cloud migration and modernization, data and analytics, AI… From the company’s description.

In fiscal 2025, EPAM Systems reported revenue of $5.46B, up 15.4% from fiscal 2024, and net income of $377.68M. Its operating margin was 9.5%, and operations generated $654.93M in cash. Over the twelve months to Jun 30, 2026, revenue was $5.62B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$5.46BFY2025
+15.4% year over year
Last 12 mo $5.62B
9.53%FY2025
−2 percentage points
Last 12 mo 10.03%
$377.68MFY2025
−16.9% year over year
Last 12 mo $401.67M
10.27%FY2025
−2.3 percentage points
Last 12 mo 11.42%
Cash & financing
$654.93MFY2025
+17.1% year over year
Last 12 mo $538.79M
$612.69MFY2025
+16.3% year over year
Last 12 mo $482.64M
0.01FY2025
Was 0.01× a year earlier
Last 12 mo 0.01
56.2MFY2025
−3.0% year over year
Last 12 mo 53.2M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What EPAM Systems does

In the company’s own words

EPAM Systems, Inc. (NYSE: EPAM) provides digital engineering, cloud and artificial intelligence-enabled transformation services, as well as business and experience consulting, to global enterprises and start-ups. Its work spans software and product development, cloud migration and modernization, data and analytics, AI strategy and implementation, customer experience, marketing and cybersecurity. EPAM combines engineering with strategy, design and technology consulting to help clients modernize operations, develop digital products and deliver customer and employee experiences. Its clients operate in financial services, consumer goods, retail and travel, software and high technology, business information and media, life sciences and healthcare, and other industries. The company serves clients through on-site, off-site and offshore delivery centers; it had approximately 62,850 employees, including 56,600 delivery professionals, as of December 31, 2025. Its brands and platforms include EPAM Continuum, the Empathy Lab agency, EPAM AI/RUN and DIALX Lab. EPAM’s predecessor was founded in 1993, and the company was incorporated in 2002. Its website is https://www.epam.com.

Company details
Sector
Information Technology
Industry (SIC)
Computer Services
Headquarters
NEWTOWN, PA
Fiscal year end
December
CIK
1352010
SIC
7371

Financial performance, year by year

Fiscal 2013–2025 · USD
$-561.67M$1.12B$2.81B$4.49B$6.18B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns EPAM Systems — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

413
funds hold it
0 of 35
superinvestors hold it
$2.58B
held by funds, at market
53.5%
of shares held by funds

Largest fund holders · EPAM Systems’s weight in each

iShares Core S&P Small-Cap ETF
IJR · iShares Trust
0.22%of fund net assets
Invesco S&P 500 Equal Weight ETF
RSP · Invesco Exchange-Traded Fund Trust
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.01%of fund net assets
0.21%of fund net assets
0.06%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do EPAM Systems and its peers compare on margins and cash generation over ten years?”
  • “Where did five years of EPAM Systems's earnings go — cash, debt, buybacks, reinvestment?”
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