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. (EPAM) Revenue growth

Alert me on Revenue growth

EPAM Systems, Inc.'s revenue growth over the twelve months to 30 September 2026 was 6.62%, down 8.8 percentage points from fiscal 2025 (15.4%). Over the past ten years it has ranged from −2.78% (fiscal 2023) to 41.3% (fiscal 2021); the current reading is higher than 27% of that period. That is above the Information Technology Services industry median of 4.85% and below the Technology sector median of 11.8%.

Revenue growth, annual

Embed this chart

Annual newest first

Period Revenue growth Change (points)
FY2025 15.4% 14.62
FY2024 0.80% 3.58
FY2023 −2.78% (31.16)
FY2022 28.4% (12.93)
FY2021 41.3% 25.37
FY2020 15.9% (8.53)
FY2019 24.5% (2.59)
FY2018 27.1% 2.04
FY2017 25.0% (1.89)
FY2016 26.9% 1.69

Quarterly newest first

Period Revenue growth Change (points)
Sep 2026 2.30% (2.23)
Jun 2026 4.53% (3.03)
Mar 2026 7.56% (5.19)
Dec 2025 12.8% (6.68)
43 more quarters

Against its own ten years

Low −2.78% High 41.3%
Ten-year median 25.0%
Current reading's percentile 27

Revenue growth against peers

Company Revenue growth
EXLS ExlService Holdings, Inc. compare 15.6%
INGM Ingram Micro Holding Corporation compare 14.8%
CACI CACI International, Inc. compare 10.1%
JKHY Jack Henry & Associates, Inc. compare 7.53%
G Genpact Limited compare 6.68%
EPAM EPAM Systems, Inc. 6.62%
IT Gartner, Inc. compare −0.24%
SAIC Science Applications International Corporation compare −0.78%
WSE WISE GROUP PLC compare —
Information Technology Services industry median 4.85%
Technology sector median 11.8%
Market median 7.71%

What Revenue growth is

Revenue Growth shows how fast a company’s sales are rising or falling compared with the same period a year earlier.

(Revenue − Revenue a year earlier) ÷ |Revenue a year earlier|

The full definition of Revenue growth →

More on EPAM