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Friday 6 November 2026 Export EPAM’s income statement to Excel — free account

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
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

EPAM Systems, Inc. (EPAM) Current ratio

Alert me on Current ratio

EPAM Systems, Inc.'s current ratio at the end of the quarter to 30 September 2026 was 2.8×, up 0.2× from fiscal 2025 (2.6×). Over the past ten years it has ranged from 2.6× (fiscal 2025) to 5.6× (fiscal 2016) — the current reading is the lowest in ten years. That is above the Information Technology Services industry median of 1.7× and above the Technology sector median of 1.9×.

Current ratio, annual

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Annual newest first

Period Current ratio Change
FY2025 2.6× (12.23%)
FY2024 3.0× (38.35%)
FY2023 4.8× 29.83%
FY2022 3.7× 24.19%
FY2021 3.0× (27.58%)
FY2020 4.1× 7.75%
FY2019 3.8× (16.49%)
FY2018 4.6× (14.00%)
FY2017 5.3× (4.64%)
FY2016 5.6× 34.53%

Quarterly newest first

Period Current ratio Change
Sep 2026 2.8× 0.35%
Jun 2026 2.8× 3.33%
Mar 2026 2.7× 2.78%
Dec 2025 2.6× (14.17%)
43 more quarters

Against its own ten years

Low 2.6× High 5.6×
Ten-year median 4.1×
Current reading's percentile 9

Current ratio against peers

Company Current ratio
EPAM EPAM Systems, Inc. 2.8×
EXLS ExlService Holdings, Inc. compare 2.2×
G Genpact Limited compare 2.0×
CACI CACI International, Inc. compare 1.6×
JKHY Jack Henry & Associates, Inc. compare 1.5×
INGM Ingram Micro Holding Corporation compare 1.3×
SAIC Science Applications International Corporation compare 1.2×
WSE WISE GROUP PLC compare 1.1×
IT Gartner, Inc. compare 0.9×
Information Technology Services industry median 1.7×
Technology sector median 1.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

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