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. In the quarter to June 2026, revenue grew 4.53%, EPS grew 26.3%, free cash flow fell 140.7% and total debt was flat, each against the same quarter a year earlier. Insiders bought in the last twelve months.

122.19 0.07 −0.06%
Market cap
$6.3B
P/E
16.5×
Fwd P/E
11.8×
Dividend yield
—
F-score
6/9
Altman Z
8.10
Beneish M
−2.69
Dividend safety
n/a

EPAM Systems, Inc. (EPAM) EV/Sales

Alert me on EV/Sales

As of 16 October 2026, EPAM Systems, Inc. (EPAM) trades at a EV/Sales of 1.0×. Over the past ten years it has ranged from 0.6× (June 2026) to 11.7× (November 2021); the current reading is higher than 4% of that period. That is below the Information Technology Services industry median of 1.2× and below the Technology sector median of 2.7×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 1.9× (27.31%)
FY2024 2.6× (18.50%)
FY2023 3.1× (12.05%)
FY2022 3.6× (62.99%)
FY2021 9.7× 38.24%
FY2020 7.0× 50.07%
FY2019 4.7× 56.97%
FY2018 3.0× (15.30%)
FY2017 3.5× 42.00%
FY2016 2.5× (37.90%)

Quarterly newest first

Period EV/Sales Change
Jun 2026 0.6× (47.90%)
Mar 2026 1.2× (38.13%)
Dec 2025 1.9× 37.97%
Sep 2025 1.4× (23.32%)
42 more quarters

Against its own ten years

Low 0.6× High 11.7×
Ten-year median 3.5×
Current reading's percentile 4

EV/Sales against peers

Company EV/Sales
INGM Ingram Micro Holding Corporation compare 0.2×
PSN Parsons Corporation compare 0.9×
EPAM EPAM Systems, Inc. 1.0×
SAIC Science Applications International Corporation compare 1.1×
G Genpact Limited compare 1.3×
EXLS ExlService Holdings, Inc. compare 2.9×
GDS GDS Holdings compare 5.0×
APLD Applied Digital Corporation compare 9.4×
CIFR Cipher Digital Inc. compare 27.2×
Information Technology Services industry median 1.2×
Technology sector median 2.7×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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