EPAM Systems, Inc. EPAM SPXAI
Company Overview
EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; cloud services for creating a roadmap to set and refine IT and business goals while identifying new and emerging opportunities leveraging cloud technologies; data, analytics and artificial intelligence; customer experience; marketing; and cybersecurity. It also offers operation solutions comprising integrated engineering practices and smart automation services. In addition, the company offers software product and platform development services, which comprise product research, customer experience design and prototyping, program management, component design and integration, full lifecycle software testing, product deployment and end-user customization, performance tuning, product support and maintenance, managed services, as well as cross-platform migration and modernizing legacy platforms. The company serves the financial services; consumer goods, retail and travel; software and Hi-tech; business information and media, life sciences and healthcare; and emerging verticals industries EPAM Systems, Inc. was founded in 1993 and is headquartered in Newtown, Pennsylvania.
Why Investors Should Care
Trades at a P/E of 12.1, below the sector median of 36.0.
Carries low leverage with a debt-to-equity ratio of 0.08.
Generates positive free cash flow, funding growth and shareholder returns internally.
Recent Developments
- Dec 2025 Revenue of $5.46B (+15.4% YoY); net profit $377.68M.
- Trailing 12 Months Year-on-year growth — revenue +7.6%, earnings +18.8%.
- 5-Year Trend Long-term compounding — revenue CAGR 4.2%, profit CAGR -3.4%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | 4.19% |
| 1 Year: | 7.60% |
Compounded Profit Growth
| 5 Years: | -3.43% |
| 1 Year: | 18.80% |
Stock Price Performance
| 1 Year: | -49.73% |
| 6 Months: | -60.13% |
| 3 Months: | -32.39% |
| 1 Month: | -8.90% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
EPAM is a digital-engineering and software-development firm helping enterprises build AI and GenAI solutions and modernise data platforms.
Platform engineering, data modernisation and AI/GenAI delivery — readying clients' data and software for AI.
- AI/GenAI engineering EPAM builds GenAI applications and AI-ready data platforms, with internal accelerators (EPAM AI/RUN).
- AI-augmented delivery GenAI copilots improve EPAM's own engineering productivity and quality.
- Data modernisation Cloud and data-platform work prepares enterprise data for AI use cases.
- Premium engineering brand well placed to deliver enterprise AI work.
- Profitable (net ~7%) with strong technical talent.
- Growth slowed (~8%) and the model is exposed to AI-driven automation of coding.
- Talent costs, geographic concentration and demand cyclicality are risks.
Curated from public filings and analyst commentary; figures are illustrative.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Generates positive free cash flow.
CONS
- Earnings shrank at -3.4% CAGR over 5 years.
- Trading 61.8% below its 52-week high.
- In a downtrend (50-DMA below 200-DMA).
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Technology).
| # | Name | CMP $ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | EPAM EPAM Systems, Inc. SPXAI | 84.50 | 12.14 | $4.41B | 0.00% | 13.25% | 10.93% | 4.19% | -3.43% |
| 2 | NVDA NVIDIA Corporation NDXSPXAI | 211.80 | 32.43 | $5.13T | 0.49% | 74.66% | 114.29% | 24.64% | 32.12% |
| 3 | AAPL Apple Inc. NDXSPX | 314.86 | 38.07 | $4.62T | 0.37% | 68.72% | 141.47% | 1.81% | 3.92% |
| 4 | MSFT Microsoft Corporation NDXSPXAI | 384.93 | 22.91 | $2.86T | 0.93% | 26.90% | 34.01% | 9.48% | 10.85% |
| 5 | TSM Taiwan Semiconductor Manufacturing Company Limited AI | 420.39 | 36.18 | $2.18T | 0.90% | 30.20% | 36.21% | 18.94% | 19.57% |
| 6 | AVGO Broadcom Inc. NDXSPXAI | 389.11 | 64.85 | $1.85T | 0.68% | 16.70% | 37.28% | 24.38% | 26.24% |
| 7 | MU Micron Technology, Inc. NDXSPXAI | 983.12 | 46.37 | $1.11T | 0.06% | 13.69% | 39.82% | 13.68% | 26.02% |
| 8 | AMD Advanced Micro Devices, Inc. NDXSPXAI | 548.13 | 181.50 | $893.78B | 0.00% | 6.33% | 8.06% | 13.64% | 48.64% |
| 9 | ASML ASML Holding N.V. NDXAI | 1,775.64 | 59.55 | $684.36B | 0.47% | 42.97% | 52.24% | 15.55% | 19.55% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in USD.
| Metric | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | 324.65M | 348.98M | 377.52M | 399.30M | 424.15M | 445.65M | 468.19M | 504.93M | 521.33M | 551.59M | 588.10M | 632.77M | 651.36M | 632.38M | 652.24M | 723.49M | 780.77M | 881.37M | 988.54M | 1.17B | 1.19B | 1.23B | 1.21B | 1.17B | 1.15B | 1.17B | 1.15B | 1.17B | 1.30B | 1.35B | 1.39B | 1.40B |
| Operating Income | 22.82M | 23.61M | 27.78M | 31.77M | 30.33M | 32.08M | 33.90M | 37.38M | 30.97M | 40.68M | 49.25M | 52.05M | 48.70M | 54.24M | 64.56M | 78.27M | 64.66M | 72.88M | 80.56M | 84.75M | 87.51M | 83.43M | 96.40M | 111.99M | 107.25M | 125.27M | 144.12M | 129.24M | 93.02M | 180.23M | 120.37M | 144.35M | 114.03M | 110.53M | 120.56M | 176.98M | 99.33M | 126.48M | 144.94M | 116.77M |
| Net Income | 14.71M | 19.23M | 22.87M | 27.64M | 23.90M | 24.43M | 26.17M | 24.76M | 23.64M | 37.36M | 42.63M | -30.87M | 64.42M | 50.26M | 65.62M | 59.97M | 60.75M | 58.78M | 67.00M | 74.52M | 85.56M | 66.62M | 89.43M | 85.54M | 109.05M | 114.67M | 115.66M | 89.72M | 18.60M | 156.05M | 102.29M | 120.03M | 97.20M | 116.24M | 98.64M | 136.35M | 73.48M | 88.03M | 106.82M | 82.52M |
| Diluted EPS | 0.29 | 0.37 | 0.44 | 0.52 | 0.45 | 0.46 | 0.49 | 0.46 | 0.44 | 0.68 | 0.77 | -0.58 | 1.15 | 0.89 | 1.15 | 1.05 | 1.06 | 1.02 | 1.16 | 1.29 | 1.47 | 1.14 | 1.53 | 1.46 | 1.86 | 1.94 | 1.95 | 1.52 | 0.32 | 2.63 | 1.73 | 2.03 | 1.65 | 1.97 | 1.70 | 2.37 | 1.28 | 1.56 | 1.91 | 1.52 |
Profit & Loss (Annual)
Figures in USD.
| Metric | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 221.82M | 334.53M | 433.80M | 555.12M | 730.03M | 914.13M | 1.16B | 1.45B | 1.84B | 2.29B | 2.66B | - | 4.82B | 4.69B | 4.73B | 5.46B |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | 3.29B | 3.26B | 3.28B | 3.88B |
| Gross Profit | - | - | - | - | - | - | - | - | - | - | - | - | 1.54B | 1.43B | 1.45B | 1.57B |
| Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | 965.05M | 906.87M | 905.86M | 1.05B |
| Operating Income | 32.79M | 55.01M | 66.01M | 76.49M | 86.18M | 105.97M | 133.70M | 172.95M | 245.76M | 302.85M | 379.32M | - | 572.97M | 527.16M | 544.58M | 520.00M |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | 713.01M | 659.86M | 671.69M | 686.08M |
| Interest Expense | - | - | - | - | - | - | - | - | - | - | - | 1.73M | - | - | - | - |
| Pretax Income | - | - | - | - | - | - | - | - | - | - | - | - | 507.26M | 536.59M | 584.41M | 505.62M |
| Tax Provision | - | - | - | - | - | - | - | - | - | - | - | - | 87.84M | 119.50M | 129.88M | 127.95M |
| Net Income | 28.31M | 44.35M | 54.48M | 61.99M | 69.64M | 84.46M | 99.27M | 72.76M | 240.26M | 261.06M | 327.16M | - | 419.42M | 417.08M | 454.53M | 377.68M |
| Diluted EPS | - | - | 1.17 | 1.28 | 1.40 | 1.62 | 1.87 | 1.32 | 4.24 | 4.53 | 5.60 | - | 7.09 | 7.06 | 7.84 | 6.72 |
Balance Sheet (Annual)
Figures in USD.
| Metric | Dec 2009 | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | - | - | 235.61M | 350.81M | 432.88M | 594.03M | 778.54M | 925.81M | 1.25B | 1.61B | 2.24B | 2.72B | 3.52B | 4.01B | 4.35B | 4.75B | 4.90B |
| Total Equity | 16.53M | 66.25M | 95.06M | 286.28M | 376.10M | 464.05M | 613.22M | 781.41M | 974.95M | 1.26B | 1.60B | 1.98B | 2.49B | 3.00B | 3.47B | 3.63B | 3.68B |
| Cash & Equivalents | 52.93M | 54.00M | 88.80M | 118.11M | 169.21M | 220.53M | 199.45M | 362.02M | 582.59M | 770.56M | 936.55M | 1.32B | 1.45B | 1.68B | 2.04B | 1.29B | 1.30B |
| Long Term Debt | - | - | - | - | - | 0 | 35.00M | - | - | - | - | 25.04M | 30.23M | 27.69M | 26.13M | 25.19M | 25.03M |
| Total Liabilities | - | - | 54.61M | 64.53M | 56.78M | 129.98M | 165.31M | 144.40M | 275.31M | 349.21M | 648.06M | 738.31M | 1.03B | 1.01B | 880.89M | 1.12B | 1.22B |
| Current Liabilities | - | - | 53.13M | 59.35M | 54.66M | 125.41M | 127.91M | 116.22M | 180.97M | 262.83M | 386.95M | 465.95M | 763.42M | 747.48M | 644.93M | 821.04M | 976.94M |
Cash Flows (Annual)
Figures in USD.
| Metric | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 20.47M | 54.52M | 48.50M | 58.23M | 104.87M | 76.39M | 167.22M | 192.82M | 292.22M | 287.45M | 544.41M | 572.33M | 464.10M | 562.63M | 559.17M | 654.93M |
| Investing Cash Flow | -10.83M | -17.41M | -59.63M | -21.82M | -52.93M | -125.49M | -9.32M | -36.15M | -112.12M | -145.37M | -167.15M | -368.92M | -182.93M | -66.77M | -884.98M | -49.05M |
| Financing Cash Flow | -8.04M | -1.56M | 38.85M | 15.50M | 10.35M | 33.76M | 10.47M | 49.75M | 23.00M | 20.36M | -765.00K | -59.56M | -2.02M | -165.77M | -390.41M | -651.20M |
| Capital Expenditure | -8.37M | -15.55M | -13.38M | -13.36M | -11.92M | -13.27M | -29.32M | -29.81M | -37.57M | -99.31M | -68.79M | -111.50M | -81.63M | -28.41M | -32.15M | -42.24M |
| Free Cash Flow | 12.11M | 38.97M | 35.12M | 44.87M | 92.96M | 63.12M | 137.90M | 163.01M | 254.64M | 188.15M | 475.61M | 460.83M | 382.48M | 534.22M | 527.02M | 612.69M |
| Share Buybacks | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 164.92M | 398.03M | 662.16M |
Ratios (Annual)
Figures in %.
| Metric | Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | - | - | - | - | 31.9% | 30.6% | 30.7% | 28.8% |
| Operating Margin % | 14.8% | 16.4% | 15.2% | 13.8% | 11.8% | 11.6% | 11.5% | 11.9% | 13.3% | 13.2% | 14.3% | - | 11.9% | 11.2% | 11.5% | 9.5% |
| Net Margin % | 12.8% | 13.3% | 12.6% | 11.2% | 9.5% | 9.2% | 8.6% | 5.0% | 13.0% | 11.4% | 12.3% | - | 8.7% | 8.9% | 9.6% | 6.9% |
| ROE % | 42.7% | 46.7% | 19.0% | 16.5% | 15.0% | 13.8% | 12.7% | 7.5% | 19.0% | 16.4% | 16.5% | - | 14.0% | 12.0% | 12.5% | 10.3% |
| ROCE % | - | 30.1% | 22.6% | 20.2% | 18.4% | 16.3% | 16.5% | 16.2% | 18.2% | 16.3% | 16.8% | - | 17.6% | 14.2% | 13.9% | 13.2% |
Shareholding Pattern
Top Institutional Holders
| # | Holder | % Held | Shares | Value |
|---|---|---|---|---|
| 1 | Capital World Investors | 13.09% | 6.84M | $604.67M |
| 2 | Invesco Ltd. | 8.38% | 4.38M | $387.10M |
| 3 | Blackrock Inc. | 7.83% | 4.09M | $361.43M |
| 4 | Ameriprise Financial, Inc. | 7.24% | 3.78M | $334.44M |
| 5 | Vanguard Capital Management LLC | 6.63% | 3.46M | $306.21M |
| 6 | Vanguard Portfolio Management LLC | 5.66% | 2.96M | $261.46M |
| 7 | State Street Corporation | 4.27% | 2.23M | $197.41M |
| 8 | Boston Partners | 4.04% | 2.11M | $186.63M |
| 9 | Geode Capital Management, LLC | 3.09% | 1.62M | $142.84M |
| 10 | Massachusetts Financial Services Co. | 2.85% | 1.49M | $131.50M |
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for EPAM
EPAM (EPAM) Stock Trades Down, Here Is Why - StockStory
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EPAM (EPAM) Stock Looks Cheap Even After A 85% Fall - Yahoo Finance
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EPAM Systems (NYSE:EPAM) Shares Gap Down - What's Next? - MarketBeat
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EPAM (EPAM) Stock Trades Down, Here Is Why - Barchart.com
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EPAM Systems (EPAM) Could Be 26% Undervalued After Deutsche Bank Cut Its Target - simplywall.st
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EPAM — Frequently Asked Questions
What is the current share price of EPAM Systems, Inc. (EPAM)?
As of 2026-07-14 21:23 PDT, EPAM Systems, Inc. (EPAM) trades at $84.50 on NYSE. Its 52-week range is $76.04 to $221.40.
What is the market capitalisation of EPAM?
EPAM Systems, Inc. (EPAM) has a market capitalisation of $4.41B on NYSE.
What is the P/E ratio of EPAM?
EPAM trades at a trailing price-to-earnings (P/E) ratio of 12.14. The industry average P/E is 36.02. Its price-to-book (P/B) ratio is 1.47.
What is the return on equity (ROE) of EPAM?
EPAM has a return on equity (ROE) of 10.93%. Its return on capital employed (ROCE) is 13.25%.
Is EPAM a good stock to buy?
This page provides a data-driven analysis of EPAM Systems, Inc. (EPAM), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.