EPAM Systems, Inc.

EPAM Technology Information Technology Services

EPAM Systems, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $5.5 billion, up 15.4% from fiscal 2024.

Revenue
+2.30%
EPS
+32.0%
Free cash flow
−4.27%
Total debt
−0.14%

Quarter to September 2026, against a year earlier

159.06 6.64 −4.01%
Market cap
$8.6B
P/E
19.8×
Fwd P/E
16.8×
Dividend yield
—
F-score
6/9
Altman Z
8.10
Beneish M
−2.69
Dividend safety
n/a

EPAM Systems, Inc. 10-Q filed Nov 5, 2026

Fiscal Q3 2026 · Period ended Sep 30, 2026 · Filed · accepted 4:01 PM ET · Document on sec.gov · Filing index

What changed

Part I, Item 2, Management’s Discussion and Analysis, against the 10-Q filed Aug 6, 2026: 1 added · 22 modified; 11 with only figures updated

  1. Modified · Business Update Regarding the War in Ukraine

    Russia’s attack on Ukraine has had, and could continue to have, a material adverse effect on our operations. As of JuneSeptember 30, 2026, Ukraine continues to be a significant delivery location with a large number of delivery professionals generally operating from safe locations at levels of productivity consistent with those achieved prior to the attack. We have maintained our $100100.0 million humanitarian aid commitment to our people in Ukraine, and as of JuneSeptember 30, 2026, we have $4.62.1 million remaining to be expensed under this humanitarian commitment.

22 more changes in this Item, word by word, in Powerpack.