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EPAM SYSTEMS, INC.

EDGAR

EPAM Quarterly report (10-Q) · filed 2026-08-06

Annual consolidated revenue for 2025: about USD 5.457B, using the latest reported figures. The previous period, 2024, was about USD 4.728B.

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Watchlist

Latest quarter

Revenue

1.41 billion USD

2026 Q2 · USD

Exact inputs and evidence

Revenue: 1414767000 USD Source

Operating margin

10.76%

2026 Q2 · %

Exact inputs and evidence

Operating Income: 152222000 USD Source
Revenue: 1414767000 USD Source

Operating cash flow

-2.42 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating Cash Flow: -38784000 USD Source
Operating Cash Flow: -36360000 USD Source

Free cash flow

-17.6 million USD

2026 Q2 · USD

Exact inputs and evidence

Operating Cash Flow: -38784000 USD Source
Operating Cash Flow: -36360000 USD Source
Capital Expenditure: 33071000 USD Source
Capital Expenditure: 17857000 USD Source

Cash and cash equivalents: 789 million USD 2026-06-30 Source
Exact value

789397000 USD
Long-term debt including current maturities: 35 million USD 2015-12-31 Source
Exact value

35000000 USD
Shares outstanding: 51.6 million shares 2026-06-30 Source
Exact value

51585000 shares

Reported share-count change

-7.38% · -4.11 million shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence

55696000 shares · 2025-06-30· Source
51585000 shares · 2026-06-30· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

5.62 billion USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Revenue: 1394373000 USD · 2025-07-01 – 2025-09-30 Source
Revenue: 5457056000 USD · 2025-01-01 – 2025-12-31 Source
Revenue: 4049508000 USD · 2025-01-01 – 2025-09-30 Source
Revenue: 1400061000 USD · 2026-01-01 – 2026-03-31 Source
Revenue: 1414767000 USD · 2026-04-01 – 2026-06-30 Source

Net income

402 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Net income: 106816000 USD · 2025-07-01 – 2025-09-30 Source
Net income: 377678000 USD · 2025-01-01 – 2025-12-31 Source
Net income: 268324000 USD · 2025-01-01 – 2025-09-30 Source
Net income: 82521000 USD · 2026-01-01 – 2026-03-31 Source
Net income: 102979000 USD · 2026-04-01 – 2026-06-30 Source

Operating cash flow

539 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Operating cash flow: 372044000 USD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: 77360000 USD · 2025-01-01 – 2025-06-30 Source
Operating cash flow: 654934000 USD · 2025-01-01 – 2025-12-31 Source
Operating cash flow: 372044000 USD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: -36360000 USD · 2026-01-01 – 2026-03-31 Source
Operating cash flow: -38784000 USD · 2026-01-01 – 2026-06-30 Source
Operating cash flow: -36360000 USD · 2026-01-01 – 2026-03-31 Source

Capital expenditure

56.2 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Capital expenditure: 27462000 USD · 2025-01-01 – 2025-09-30 Source
Capital expenditure: 19160000 USD · 2025-01-01 – 2025-06-30 Source
Capital expenditure: 42243000 USD · 2025-01-01 – 2025-12-31 Source
Capital expenditure: 27462000 USD · 2025-01-01 – 2025-09-30 Source
Capital expenditure: 17857000 USD · 2026-01-01 – 2026-03-31 Source
Capital expenditure: 33071000 USD · 2026-01-01 – 2026-06-30 Source
Capital expenditure: 17857000 USD · 2026-01-01 – 2026-03-31 Source

Free cash flow

483 million USD

2025-07-01 – 2026-06-30

Exact inputs and evidence

Operating cash flow: 372044000 USD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: 77360000 USD · 2025-01-01 – 2025-06-30 Source
Operating cash flow: 654934000 USD · 2025-01-01 – 2025-12-31 Source
Operating cash flow: 372044000 USD · 2025-01-01 – 2025-09-30 Source
Operating cash flow: -36360000 USD · 2026-01-01 – 2026-03-31 Source
Operating cash flow: -38784000 USD · 2026-01-01 – 2026-06-30 Source
Operating cash flow: -36360000 USD · 2026-01-01 – 2026-03-31 Source
Capital expenditure: 27462000 USD · 2025-01-01 – 2025-09-30 Source
Capital expenditure: 19160000 USD · 2025-01-01 – 2025-06-30 Source
Capital expenditure: 42243000 USD · 2025-01-01 – 2025-12-31 Source
Capital expenditure: 27462000 USD · 2025-01-01 – 2025-09-30 Source
Capital expenditure: 17857000 USD · 2026-01-01 – 2026-03-31 Source
Capital expenditure: 33071000 USD · 2026-01-01 – 2026-06-30 Source
Capital expenditure: 17857000 USD · 2026-01-01 – 2026-03-31 Source

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-08-06.

Financial data available through: 2025-12-31.

Coverage by financial measure

Revenue: 11 of 11 periods available· newest 2025-12-31
Operating income: 11 of 11 periods available· newest 2025-12-31
Net income: 11 of 11 periods available· newest 2025-12-31
Operating cash flow: 11 of 11 periods available· newest 2025-12-31
Capital expenditure: 11 of 11 periods available· newest 2025-12-31
Total assets: 11 of 11 periods available· newest 2025-12-31
Total liabilities: 11 of 11 periods available· newest 2025-12-31
Current assets: 11 of 11 periods available· newest 2025-12-31
Current liabilities: 11 of 11 periods available· newest 2025-12-31
Cash and cash equivalents: 11 of 11 periods available· newest 2025-12-31
Long-term debt including current maturities: 1 of 11 periods available· newest 2015-12-31
Shares outstanding: 11 of 11 periods available· newest 2025-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

Revenue
+15.4%

Prior period

USD 4.73 billion

2024-01-01 – 2024-12-31
Current period

USD 5.46 billion

2025-01-01 – 2025-12-31

Exact inputs and evidence

5457056000 − 4727940000 = 729116000 USD

4727940000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
5457056000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Revenue · EPAM SYSTEMS, INC. · 2025-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Year-over-year change in Revenue: 729116000 USD Concept: fundies:Revenue Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:Revenue: 5457056000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#2621737 Filing: 000135201026000015 Input fundies:Revenue: 4727940000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#2622852 Filing: 000135201026000015
The citation records this snapshot. The page link may show a newer release later.
Net income
-16.9%

Prior period

USD 454.53 million

2024-01-01 – 2024-12-31
Current period

USD 377.68 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

377678000 − 454533000 = -76855000 USD

454533000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
377678000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Net income · EPAM SYSTEMS, INC. · 2025-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Year-over-year change in Net income: -76855000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:NetIncome: 377678000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#2461949 Filing: 000135201026000015 Input fundies:NetIncome: 454533000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#2462719 Filing: 000135201026000015
The citation records this snapshot. The page link may show a newer release later.
Operating cash flow
+17.1%

Prior period

USD 559.17 million

2024-01-01 – 2024-12-31
Current period

USD 654.93 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

654934000 − 559168000 = 95766000 USD

559168000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
654934000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Operating cash flow · EPAM SYSTEMS, INC. · 2025-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Year-over-year change in Operating cash flow: 95766000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:OperatingCashFlow: 654934000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#1324727 Filing: 000135201026000015 Input fundies:OperatingCashFlow: 559168000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#1325500 Filing: 000135201026000015
The citation records this snapshot. The page link may show a newer release later.
Capital expenditure
+31.4%

Prior period

USD 32.15 million

2024-01-01 – 2024-12-31
Current period

USD 42.24 million

2025-01-01 – 2025-12-31

Exact inputs and evidence

42243000 − 32146000 = 10097000 USD

32146000 USD · 2024-01-01 – 2024-12-31
Inspect prior input Prior source
42243000 USD · 2025-01-01 – 2025-12-31
Inspect current input Current source

Share or cite

Citation for Year-over-year change in Capital expenditure · EPAM SYSTEMS, INC. · 2025-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Year-over-year change in Capital expenditure: 10097000 USD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010?view=overview&cadence=annual&surface=latest#period-changes-title Computed: Current period minus corresponding prior-year period Input fundies:CapitalExpenditure: 42243000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#1328376 Filing: 000135201026000015 Input fundies:CapitalExpenditure: 32146000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#1328967 Filing: 000135201026000015
The citation records this snapshot. The page link may show a newer release later.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

Revenue USD 5.46 billion 100% of revenue
Operating costs Derived USD 4.94 billion 90% of revenue
Operating income USD 520 million 9.5% of revenue
Tax, interest and other Derived USD 142.33 million 2.6% of revenue
Net income USD 377.68 million 6.9% of revenue

Cash

Operating cash flow USD 654.93 million 12% of revenue
Capital expenditure USD 42.24 million 0.8% of revenue
Free cash flow Derived USD 612.69 million 11% of revenue

Share of revenue by period

Net income
Tax, interest and other
Operating costs

2016 88%
2017 88%
2018 13%87%
2019 11%87%
2020 12%86%
2021 13%86%
2022 88%
2023 89%
2024 9.6%88%
2025 90%

Values and sources

Revenue breakdown by annual reporting period
Period	Revenue	Operating costs	Operating income	Tax, interest and other	Net income	Free cash flow	Source
2016 2016-01-01 – 2016-12-31	1160132000	1026436000 Derived	133696000	34430000 Derived	99266000	137900000 Derived	Source 2016-01-01 – 2016-12-31: 1160132000 USD Inspect Revenue Open source 2016-01-01 – 2016-12-31: 133696000 USD Inspect Operating Income Open source 2016-01-01 – 2016-12-31: 99266000 USD Inspect Net Income Open source 2016-01-01 – 2016-12-31: 167217000 USD Inspect Operating Cash Flow Open source 2016-01-01 – 2016-12-31: 29317000 USD Inspect Capital Expenditure Open source
2017 2017-01-01 – 2017-12-31	1450448000	1277502000 Derived	172946000	100186000 Derived	72760000	163014000 Derived	Source 2017-01-01 – 2017-12-31: 1450448000 USD Inspect Revenue Open source 2017-01-01 – 2017-12-31: 172946000 USD Inspect Operating Income Open source 2017-01-01 – 2017-12-31: 72760000 USD Inspect Net Income Open source 2017-01-01 – 2017-12-31: 192820000 USD Inspect Operating Cash Flow Open source 2017-01-01 – 2017-12-31: 29806000 USD Inspect Capital Expenditure Open source
2018 2018-01-01 – 2018-12-31	1842912000	1597148000 Derived	245764000	5508000 Derived	240256000	254644000 Derived	Source 2018-01-01 – 2018-12-31: 1842912000 USD Inspect Revenue Open source 2018-01-01 – 2018-12-31: 245764000 USD Inspect Operating Income Open source 2018-01-01 – 2018-12-31: 240256000 USD Inspect Net Income Open source 2018-01-01 – 2018-12-31: 292218000 USD Inspect Operating Cash Flow Open source 2018-01-01 – 2018-12-31: 37574000 USD Inspect Capital Expenditure Open source
2019 2019-01-01 – 2019-12-31	2293798000	1990948000 Derived	302850000	41793000 Derived	261057000	188145000 Derived	Source 2019-01-01 – 2019-12-31: 2293798000 USD Inspect Revenue Open source 2019-01-01 – 2019-12-31: 302850000 USD Inspect Operating Income Open source 2019-01-01 – 2019-12-31: 261057000 USD Inspect Net Income Open source 2019-01-01 – 2019-12-31: 287453000 USD Inspect Operating Cash Flow Open source 2019-01-01 – 2019-12-31: 99308000 USD Inspect Capital Expenditure Open source
2020 2020-01-01 – 2020-12-31	2659478000	2280154000 Derived	379324000	52164000 Derived	327160000	475614000 Derived	Source 2020-01-01 – 2020-12-31: 2659478000 USD Inspect Revenue Open source 2020-01-01 – 2020-12-31: 379324000 USD Inspect Operating Income Open source 2020-01-01 – 2020-12-31: 327160000 USD Inspect Net Income Open source 2020-01-01 – 2020-12-31: 544407000 USD Inspect Operating Cash Flow Open source 2020-01-01 – 2020-12-31: 68793000 USD Inspect Capital Expenditure Open source
2021 2021-01-01 – 2021-12-31	3758144000	3215828000 Derived	542316000	60664000 Derived	481652000	460826000 Derived	Source 2021-01-01 – 2021-12-31: 3758144000 USD Inspect Revenue Open source 2021-01-01 – 2021-12-31: 542316000 USD Inspect Operating Income Open source 2021-01-01 – 2021-12-31: 481652000 USD Inspect Net Income Open source 2021-01-01 – 2021-12-31: 572327000 USD Inspect Operating Cash Flow Open source 2021-01-01 – 2021-12-31: 111501000 USD Inspect Capital Expenditure Open source
2022 2022-01-01 – 2022-12-31	4824698000	4251732000 Derived	572966000	153550000 Derived	419416000	382475000 Derived	Source 2022-01-01 – 2022-12-31: 4824698000 USD Inspect Revenue Open source 2022-01-01 – 2022-12-31: 572966000 USD Inspect Operating Income Open source 2022-01-01 – 2022-12-31: 419416000 USD Inspect Net Income Open source 2022-01-01 – 2022-12-31: 464104000 USD Inspect Operating Cash Flow Open source 2022-01-01 – 2022-12-31: 81629000 USD Inspect Capital Expenditure Open source
2023 2023-01-01 – 2023-12-31	4690540000	4189301000 Derived	501239000	84156000 Derived	417083000	534219000 Derived	Source 2023-01-01 – 2023-12-31: 4690540000 USD Inspect Revenue Open source 2023-01-01 – 2023-12-31: 501239000 USD Inspect Operating Income Open source 2023-01-01 – 2023-12-31: 417083000 USD Inspect Net Income Open source 2023-01-01 – 2023-12-31: 562634000 USD Inspect Operating Cash Flow Open source 2023-01-01 – 2023-12-31: 28415000 USD Inspect Capital Expenditure Open source
2024 2024-01-01 – 2024-12-31	4727940000	4183356000 Derived	544584000	90051000 Derived	454533000	527022000 Derived	Source 2024-01-01 – 2024-12-31: 4727940000 USD Inspect Revenue Open source 2024-01-01 – 2024-12-31: 544584000 USD Inspect Operating Income Open source 2024-01-01 – 2024-12-31: 454533000 USD Inspect Net Income Open source 2024-01-01 – 2024-12-31: 559168000 USD Inspect Operating Cash Flow Open source 2024-01-01 – 2024-12-31: 32146000 USD Inspect Capital Expenditure Open source
2025 2025-01-01 – 2025-12-31	5457056000	4937053000 Derived	520003000	142325000 Derived	377678000	612691000 Derived	Source 2025-01-01 – 2025-12-31: 5457056000 USD Inspect Revenue Open source 2025-01-01 – 2025-12-31: 520003000 USD Inspect Operating Income Open source 2025-01-01 – 2025-12-31: 377678000 USD Inspect Net Income Open source 2025-01-01 – 2025-12-31: 654934000 USD Inspect Operating Cash Flow Open source 2025-01-01 – 2025-12-31: 42243000 USD Inspect Capital Expenditure Open source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 5.5B 2025

Values and sources

Revenue values and source evidence
Period	Series	Value(USD)	Source evidence
20162016-12-31	Revenue	1160132000	Revenue: 1160132000 Open source
20172017-12-31	Revenue	1450448000	Revenue: 1450448000 Open source
20182018-12-31	Revenue	1842912000	Revenue: 1842912000 Open source
20192019-12-31	Revenue	2293798000	Revenue: 2293798000 Open source
20202020-12-31	Revenue	2659478000	Revenue: 2659478000 Open source
20212021-12-31	Revenue	3758144000	Revenue: 3758144000 Open source
20222022-12-31	Revenue	4824698000	Revenue: 4824698000 Open source
20232023-12-31	Revenue	4690540000	Revenue: 4690540000 Open source
20242024-12-31	Revenue	4727940000	Revenue: 4727940000 Open source
20252025-12-31	Revenue	5457056000	Revenue: 5457056000 Open source

Revenue growth

Change in revenue from the same financial period one year earlier.

15.4% 2025

Values and sources

Revenue growth values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Year over year	26.9%	Revenue: 1160132000 Open source Revenue: 914128000 Open source
20172017-12-31	Year over year	25%	Revenue: 1450448000 Open source Revenue: 1160132000 Open source
20182018-12-31	Year over year	27.1%	Revenue: 1842912000 Open source Revenue: 1450448000 Open source
20192019-12-31	Year over year	24.5%	Revenue: 2293798000 Open source Revenue: 1842912000 Open source
20202020-12-31	Year over year	15.9%	Revenue: 2659478000 Open source Revenue: 2293798000 Open source
20212021-12-31	Year over year	41.3%	Revenue: 3758144000 Open source Revenue: 2659478000 Open source
20222022-12-31	Year over year	28.4%	Revenue: 4824698000 Open source Revenue: 3758144000 Open source
20232023-12-31	Year over year	-2.8%	Revenue: 4690540000 Open source Revenue: 4824698000 Open source
20242024-12-31	Year over year	0.8%	Revenue: 4727940000 Open source Revenue: 4690540000 Open source
20252025-12-31	Year over year	15.4%	Revenue: 5457056000 Open source Revenue: 4727940000 Open source

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 9.5% 2025

Net margin 6.9% 2025

Free cash flow margin 11.2% 2025

Operating margin
Net margin
Free cash flow margin

Values and sources

Profit margins values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Operating margin	11.5%	Operating Income: 133696000 Open source Revenue: 1160132000 Open source
20172017-12-31	Operating margin	11.9%	Operating Income: 172946000 Open source Revenue: 1450448000 Open source
20182018-12-31	Operating margin	13.3%	Operating Income: 245764000 Open source Revenue: 1842912000 Open source
20192019-12-31	Operating margin	13.2%	Operating Income: 302850000 Open source Revenue: 2293798000 Open source
20202020-12-31	Operating margin	14.3%	Operating Income: 379324000 Open source Revenue: 2659478000 Open source
20212021-12-31	Operating margin	14.4%	Operating Income: 542316000 Open source Revenue: 3758144000 Open source
20222022-12-31	Operating margin	11.9%	Operating Income: 572966000 Open source Revenue: 4824698000 Open source
20232023-12-31	Operating margin	10.7%	Operating Income: 501239000 Open source Revenue: 4690540000 Open source
20242024-12-31	Operating margin	11.5%	Operating Income: 544584000 Open source Revenue: 4727940000 Open source
20252025-12-31	Operating margin	9.5%	Operating Income: 520003000 Open source Revenue: 5457056000 Open source
20162016-12-31	Net margin	8.6%	Net Income: 99266000 Open source Revenue: 1160132000 Open source
20172017-12-31	Net margin	5%	Net Income: 72760000 Open source Revenue: 1450448000 Open source
20182018-12-31	Net margin	13%	Net Income: 240256000 Open source Revenue: 1842912000 Open source
20192019-12-31	Net margin	11.4%	Net Income: 261057000 Open source Revenue: 2293798000 Open source
20202020-12-31	Net margin	12.3%	Net Income: 327160000 Open source Revenue: 2659478000 Open source
20212021-12-31	Net margin	12.8%	Net Income: 481652000 Open source Revenue: 3758144000 Open source
20222022-12-31	Net margin	8.7%	Net Income: 419416000 Open source Revenue: 4824698000 Open source
20232023-12-31	Net margin	8.9%	Net Income: 417083000 Open source Revenue: 4690540000 Open source
20242024-12-31	Net margin	9.6%	Net Income: 454533000 Open source Revenue: 4727940000 Open source
20252025-12-31	Net margin	6.9%	Net Income: 377678000 Open source Revenue: 5457056000 Open source
20162016-12-31	Free cash flow margin	11.9%	Revenue: 1160132000 Open source Operating Cash Flow: 167217000 Open source Capital Expenditure: 29317000 Open source
20172017-12-31	Free cash flow margin	11.2%	Revenue: 1450448000 Open source Operating Cash Flow: 192820000 Open source Capital Expenditure: 29806000 Open source
20182018-12-31	Free cash flow margin	13.8%	Revenue: 1842912000 Open source Operating Cash Flow: 292218000 Open source Capital Expenditure: 37574000 Open source
20192019-12-31	Free cash flow margin	8.2%	Revenue: 2293798000 Open source Operating Cash Flow: 287453000 Open source Capital Expenditure: 99308000 Open source
20202020-12-31	Free cash flow margin	17.9%	Revenue: 2659478000 Open source Operating Cash Flow: 544407000 Open source Capital Expenditure: 68793000 Open source
20212021-12-31	Free cash flow margin	12.3%	Revenue: 3758144000 Open source Operating Cash Flow: 572327000 Open source Capital Expenditure: 111501000 Open source
20222022-12-31	Free cash flow margin	7.9%	Revenue: 4824698000 Open source Operating Cash Flow: 464104000 Open source Capital Expenditure: 81629000 Open source
20232023-12-31	Free cash flow margin	11.4%	Revenue: 4690540000 Open source Operating Cash Flow: 562634000 Open source Capital Expenditure: 28415000 Open source
20242024-12-31	Free cash flow margin	11.1%	Revenue: 4727940000 Open source Operating Cash Flow: 559168000 Open source Capital Expenditure: 32146000 Open source
20252025-12-31	Free cash flow margin	11.2%	Revenue: 5457056000 Open source Operating Cash Flow: 654934000 Open source Capital Expenditure: 42243000 Open source

Operating cash flow

Cash generated by the company’s normal business operations.

USD 654.9M 2025

Values and sources

Operating cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20162016-12-31	Operating cash flow	167217000	Operating Cash Flow: 167217000 Open source
20172017-12-31	Operating cash flow	192820000	Operating Cash Flow: 192820000 Open source
20182018-12-31	Operating cash flow	292218000	Operating Cash Flow: 292218000 Open source
20192019-12-31	Operating cash flow	287453000	Operating Cash Flow: 287453000 Open source
20202020-12-31	Operating cash flow	544407000	Operating Cash Flow: 544407000 Open source
20212021-12-31	Operating cash flow	572327000	Operating Cash Flow: 572327000 Open source
20222022-12-31	Operating cash flow	464104000	Operating Cash Flow: 464104000 Open source
20232023-12-31	Operating cash flow	562634000	Operating Cash Flow: 562634000 Open source
20242024-12-31	Operating cash flow	559168000	Operating Cash Flow: 559168000 Open source
20252025-12-31	Operating cash flow	654934000	Operating Cash Flow: 654934000 Open source

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

USD 612.7M 2025

Values and sources

Free cash flow values and source evidence
Period	Series	Value(USD)	Source evidence
20162016-12-31	Free cash flow	137900000	Operating Cash Flow: 167217000 Open source Capital Expenditure: 29317000 Open source
20172017-12-31	Free cash flow	163014000	Operating Cash Flow: 192820000 Open source Capital Expenditure: 29806000 Open source
20182018-12-31	Free cash flow	254644000	Operating Cash Flow: 292218000 Open source Capital Expenditure: 37574000 Open source
20192019-12-31	Free cash flow	188145000	Operating Cash Flow: 287453000 Open source Capital Expenditure: 99308000 Open source
20202020-12-31	Free cash flow	475614000	Operating Cash Flow: 544407000 Open source Capital Expenditure: 68793000 Open source
20212021-12-31	Free cash flow	460826000	Operating Cash Flow: 572327000 Open source Capital Expenditure: 111501000 Open source
20222022-12-31	Free cash flow	382475000	Operating Cash Flow: 464104000 Open source Capital Expenditure: 81629000 Open source
20232023-12-31	Free cash flow	534219000	Operating Cash Flow: 562634000 Open source Capital Expenditure: 28415000 Open source
20242024-12-31	Free cash flow	527022000	Operating Cash Flow: 559168000 Open source Capital Expenditure: 32146000 Open source
20252025-12-31	Free cash flow	612691000	Operating Cash Flow: 654934000 Open source Capital Expenditure: 42243000 Open source

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

25% 2025

Values and sources

Liabilities to assets values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Liabilities / assets	15.6%	Total Liabilities: 144399000 Open source Total Assets: 925811000 Open source
20172017-12-31	Liabilities / assets	22%	Total Liabilities: 275309000 Open source Total Assets: 1250256000 Open source
20182018-12-31	Liabilities / assets	21.7%	Total Liabilities: 349206000 Open source Total Assets: 1611802000 Open source
20192019-12-31	Liabilities / assets	28.9%	Total Liabilities: 648063000 Open source Total Assets: 2244208000 Open source
20202020-12-31	Liabilities / assets	27.1%	Total Liabilities: 738314000 Open source Total Assets: 2721332000 Open source
20212021-12-31	Liabilities / assets	29.2%	Total Liabilities: 1027390000 Open source Total Assets: 3523227000 Open source
20222022-12-31	Liabilities / assets	25.1%	Total Liabilities: 1006141000 Open source Total Assets: 4009151000 Open source
20232023-12-31	Liabilities / assets	20.2%	Total Liabilities: 880895000 Open source Total Assets: 4352365000 Open source
20242024-12-31	Liabilities / assets	23.6%	Total Liabilities: 1119322000 Open source Total Assets: 4750473000 Open source
20252025-12-31	Liabilities / assets	25%	Total Liabilities: 1224328000 Open source Total Assets: 4902136000 Open source

Current assets to current liabilities

Current assets divided by current liabilities.

2.59× 2025

Values and sources

Current assets to current liabilities values and source evidence
Period	Series	Value	Source evidence
20162016-12-31	Current assets / current liabilities	5.56×	Current Assets: 646551000 Open source Current Liabilities: 116219000 Open source
20172017-12-31	Current assets / current liabilities	5.31×	Current Assets: 960033000 Open source Current Liabilities: 180967000 Open source
20182018-12-31	Current assets / current liabilities	4.56×	Current Assets: 1199068000 Open source Current Liabilities: 262829000 Open source
20192019-12-31	Current assets / current liabilities	3.81×	Current Assets: 1474211000 Open source Current Liabilities: 386948000 Open source
20202020-12-31	Current assets / current liabilities	4.11×	Current Assets: 1912782000 Open source Current Liabilities: 465950000 Open source
20212021-12-31	Current assets / current liabilities	2.97×	Current Assets: 2269480000 Open source Current Liabilities: 763420000 Open source
20222022-12-31	Current assets / current liabilities	3.69×	Current Assets: 2759625000 Open source Current Liabilities: 747483000 Open source
20232023-12-31	Current assets / current liabilities	4.79×	Current Assets: 3091361000 Open source Current Liabilities: 644932000 Open source
20242024-12-31	Current assets / current liabilities	2.96×	Current Assets: 2426248000 Open source Current Liabilities: 821039000 Open source
20252025-12-31	Current assets / current liabilities	2.59×	Current Assets: 2533888000 Open source Current Liabilities: 976942000 Open source

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
Period	Net income	Operating cash flow	Capital expenditure	Free cash flow
2016 2016-01-01 – 2016-12-31	USD 99.27 million Exact value Exact value: 99266000 USD 2016-01-01 – 2016-12-31: 99266000 USD Inspect Net Income Open source Share or cite Citation for Net Income · EPAM SYSTEMS, INC. · 2016-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Net Income: 99266000 USD Concept: fundies:NetIncome Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3ANetIncome&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:NetIncome: 99266000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201019000008/epam-20181231.xml#611397 Filing: 000135201019000008 The citation records this snapshot. The page link may show a newer release later.	USD 167.22 million Exact value Exact value: 167217000 USD 2016-01-01 – 2016-12-31: 167217000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · EPAM SYSTEMS, INC. · 2016-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Operating Cash Flow: 167217000 USD Concept: fundies:OperatingCashFlow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3AOperatingCashFlow&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 167217000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201019000008/epam-20181231.xml#609498 Filing: 000135201019000008 The citation records this snapshot. The page link may show a newer release later.	USD 29.32 million Exact value Exact value: 29317000 USD 2016-01-01 – 2016-12-31: 29317000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · EPAM SYSTEMS, INC. · 2016-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Capital Expenditure: 29317000 USD Concept: fundies:CapitalExpenditure Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3ACapitalExpenditure&period=2016-12-31&surface=latest&period_type=duration&start=2016-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 29317000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201019000008/epam-20181231.xml#642844 Filing: 000135201019000008 The citation records this snapshot. The page link may show a newer release later.	USD 137.9 million Calculation and evidence 167217000 − 29317000 USD Exact free cash flow: 137900000 USD 2016-01-01 – 2016-12-31: 167217000 USD · Inspect Operating Cash Flow · Source 2016-01-01 – 2016-12-31: 29317000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · EPAM SYSTEMS, INC. · 2016-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Free cash flow: 137900000 USD Concept: free-cash-flow Period: 2016-01-01 to 2016-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 167217000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201019000008/epam-20181231.xml#609498 Filing: 000135201019000008 Input fundies:CapitalExpenditure: 29317000 USD (2016-01-01 to 2016-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201019000008/epam-20181231.xml#642844 Filing: 000135201019000008 The citation records this snapshot. The page link may show a newer release later.
2017 2017-01-01 – 2017-12-31	USD 72.76 million Exact value Exact value: 72760000 USD 2017-01-01 – 2017-12-31: 72760000 USD Inspect Net Income Open source Share or cite Citation for Net Income · EPAM SYSTEMS, INC. · 2017-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Net Income: 72760000 USD Concept: fundies:NetIncome Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3ANetIncome&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:NetIncome: 72760000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201020000012/epam-20191231x10k.htm#3770755 Filing: 000135201020000012 The citation records this snapshot. The page link may show a newer release later.	USD 192.82 million Exact value Exact value: 192820000 USD 2017-01-01 – 2017-12-31: 192820000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · EPAM SYSTEMS, INC. · 2017-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Operating Cash Flow: 192820000 USD Concept: fundies:OperatingCashFlow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3AOperatingCashFlow&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 192820000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201020000012/epam-20191231x10k.htm#2020985 Filing: 000135201020000012 The citation records this snapshot. The page link may show a newer release later.	USD 29.81 million Exact value Exact value: 29806000 USD 2017-01-01 – 2017-12-31: 29806000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · EPAM SYSTEMS, INC. · 2017-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Capital Expenditure: 29806000 USD Concept: fundies:CapitalExpenditure Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3ACapitalExpenditure&period=2017-12-31&surface=latest&period_type=duration&start=2017-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 29806000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201020000012/epam-20191231x10k.htm#2026116 Filing: 000135201020000012 The citation records this snapshot. The page link may show a newer release later.	USD 163.01 million Calculation and evidence 192820000 − 29806000 USD Exact free cash flow: 163014000 USD 2017-01-01 – 2017-12-31: 192820000 USD · Inspect Operating Cash Flow · Source 2017-01-01 – 2017-12-31: 29806000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · EPAM SYSTEMS, INC. · 2017-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Free cash flow: 163014000 USD Concept: free-cash-flow Period: 2017-01-01 to 2017-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 192820000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201020000012/epam-20191231x10k.htm#2020985 Filing: 000135201020000012 Input fundies:CapitalExpenditure: 29806000 USD (2017-01-01 to 2017-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201020000012/epam-20191231x10k.htm#2026116 Filing: 000135201020000012 The citation records this snapshot. The page link may show a newer release later.
2018 2018-01-01 – 2018-12-31	USD 240.26 million Exact value Exact value: 240256000 USD 2018-01-01 – 2018-12-31: 240256000 USD Inspect Net Income Open source Share or cite Citation for Net Income · EPAM SYSTEMS, INC. · 2018-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Net Income: 240256000 USD Concept: fundies:NetIncome Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3ANetIncome&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:NetIncome: 240256000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201021000010/epam-20201231.htm#3403642 Filing: 000135201021000010 The citation records this snapshot. The page link may show a newer release later.	USD 292.22 million Exact value Exact value: 292218000 USD 2018-01-01 – 2018-12-31: 292218000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · EPAM SYSTEMS, INC. · 2018-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Operating Cash Flow: 292218000 USD Concept: fundies:OperatingCashFlow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3AOperatingCashFlow&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 292218000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201021000010/epam-20201231.htm#1678525 Filing: 000135201021000010 The citation records this snapshot. The page link may show a newer release later.	USD 37.57 million Exact value Exact value: 37574000 USD 2018-01-01 – 2018-12-31: 37574000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · EPAM SYSTEMS, INC. · 2018-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Capital Expenditure: 37574000 USD Concept: fundies:CapitalExpenditure Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3ACapitalExpenditure&period=2018-12-31&surface=latest&period_type=duration&start=2018-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 37574000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201021000010/epam-20201231.htm#1683027 Filing: 000135201021000010 The citation records this snapshot. The page link may show a newer release later.	USD 254.64 million Calculation and evidence 292218000 − 37574000 USD Exact free cash flow: 254644000 USD 2018-01-01 – 2018-12-31: 292218000 USD · Inspect Operating Cash Flow · Source 2018-01-01 – 2018-12-31: 37574000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · EPAM SYSTEMS, INC. · 2018-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Free cash flow: 254644000 USD Concept: free-cash-flow Period: 2018-01-01 to 2018-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 292218000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201021000010/epam-20201231.htm#1678525 Filing: 000135201021000010 Input fundies:CapitalExpenditure: 37574000 USD (2018-01-01 to 2018-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201021000010/epam-20201231.htm#1683027 Filing: 000135201021000010 The citation records this snapshot. The page link may show a newer release later.
2019 2019-01-01 – 2019-12-31	USD 261.06 million Exact value Exact value: 261057000 USD 2019-01-01 – 2019-12-31: 261057000 USD Inspect Net Income Open source Share or cite Citation for Net Income · EPAM SYSTEMS, INC. · 2019-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Net Income: 261057000 USD Concept: fundies:NetIncome Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3ANetIncome&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:NetIncome: 261057000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201022000020/epam-20211231.htm#3420181 Filing: 000135201022000020 The citation records this snapshot. The page link may show a newer release later.	USD 287.45 million Exact value Exact value: 287453000 USD 2019-01-01 – 2019-12-31: 287453000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · EPAM SYSTEMS, INC. · 2019-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Operating Cash Flow: 287453000 USD Concept: fundies:OperatingCashFlow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3AOperatingCashFlow&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 287453000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201022000020/epam-20211231.htm#1650821 Filing: 000135201022000020 The citation records this snapshot. The page link may show a newer release later.	USD 99.31 million Exact value Exact value: 99308000 USD 2019-01-01 – 2019-12-31: 99308000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · EPAM SYSTEMS, INC. · 2019-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Capital Expenditure: 99308000 USD Concept: fundies:CapitalExpenditure Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3ACapitalExpenditure&period=2019-12-31&surface=latest&period_type=duration&start=2019-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 99308000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201022000020/epam-20211231.htm#1655330 Filing: 000135201022000020 The citation records this snapshot. The page link may show a newer release later.	USD 188.15 million Calculation and evidence 287453000 − 99308000 USD Exact free cash flow: 188145000 USD 2019-01-01 – 2019-12-31: 287453000 USD · Inspect Operating Cash Flow · Source 2019-01-01 – 2019-12-31: 99308000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · EPAM SYSTEMS, INC. · 2019-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Free cash flow: 188145000 USD Concept: free-cash-flow Period: 2019-01-01 to 2019-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 287453000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201022000020/epam-20211231.htm#1650821 Filing: 000135201022000020 Input fundies:CapitalExpenditure: 99308000 USD (2019-01-01 to 2019-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201022000020/epam-20211231.htm#1655330 Filing: 000135201022000020 The citation records this snapshot. The page link may show a newer release later.
2020 2020-01-01 – 2020-12-31	USD 327.16 million Exact value Exact value: 327160000 USD 2020-01-01 – 2020-12-31: 327160000 USD Inspect Net Income Open source Share or cite Citation for Net Income · EPAM SYSTEMS, INC. · 2020-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Net Income: 327160000 USD Concept: fundies:NetIncome Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3ANetIncome&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:NetIncome: 327160000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201023000013/epam-20221231.htm#3495555 Filing: 000135201023000013 The citation records this snapshot. The page link may show a newer release later.	USD 544.41 million Exact value Exact value: 544407000 USD 2020-01-01 – 2020-12-31: 544407000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · EPAM SYSTEMS, INC. · 2020-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Operating Cash Flow: 544407000 USD Concept: fundies:OperatingCashFlow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3AOperatingCashFlow&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 544407000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201023000013/epam-20221231.htm#1654436 Filing: 000135201023000013 The citation records this snapshot. The page link may show a newer release later.	USD 68.79 million Exact value Exact value: 68793000 USD 2020-01-01 – 2020-12-31: 68793000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · EPAM SYSTEMS, INC. · 2020-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Capital Expenditure: 68793000 USD Concept: fundies:CapitalExpenditure Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3ACapitalExpenditure&period=2020-12-31&surface=latest&period_type=duration&start=2020-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 68793000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201023000013/epam-20221231.htm#1658966 Filing: 000135201023000013 The citation records this snapshot. The page link may show a newer release later.	USD 475.61 million Calculation and evidence 544407000 − 68793000 USD Exact free cash flow: 475614000 USD 2020-01-01 – 2020-12-31: 544407000 USD · Inspect Operating Cash Flow · Source 2020-01-01 – 2020-12-31: 68793000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · EPAM SYSTEMS, INC. · 2020-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Free cash flow: 475614000 USD Concept: free-cash-flow Period: 2020-01-01 to 2020-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 544407000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201023000013/epam-20221231.htm#1654436 Filing: 000135201023000013 Input fundies:CapitalExpenditure: 68793000 USD (2020-01-01 to 2020-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201023000013/epam-20221231.htm#1658966 Filing: 000135201023000013 The citation records this snapshot. The page link may show a newer release later.
2021 2021-01-01 – 2021-12-31	USD 481.65 million Exact value Exact value: 481652000 USD 2021-01-01 – 2021-12-31: 481652000 USD Inspect Net Income Open source Share or cite Citation for Net Income · EPAM SYSTEMS, INC. · 2021-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Net Income: 481652000 USD Concept: fundies:NetIncome Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3ANetIncome&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:NetIncome: 481652000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201024000008/epam-20231231.htm#2792241 Filing: 000135201024000008 The citation records this snapshot. The page link may show a newer release later.	USD 572.33 million Exact value Exact value: 572327000 USD 2021-01-01 – 2021-12-31: 572327000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · EPAM SYSTEMS, INC. · 2021-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Operating Cash Flow: 572327000 USD Concept: fundies:OperatingCashFlow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3AOperatingCashFlow&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 572327000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201024000008/epam-20231231.htm#1482816 Filing: 000135201024000008 The citation records this snapshot. The page link may show a newer release later.	USD 111.5 million Exact value Exact value: 111501000 USD 2021-01-01 – 2021-12-31: 111501000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · EPAM SYSTEMS, INC. · 2021-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Capital Expenditure: 111501000 USD Concept: fundies:CapitalExpenditure Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3ACapitalExpenditure&period=2021-12-31&surface=latest&period_type=duration&start=2021-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 111501000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201024000008/epam-20231231.htm#1486141 Filing: 000135201024000008 The citation records this snapshot. The page link may show a newer release later.	USD 460.83 million Calculation and evidence 572327000 − 111501000 USD Exact free cash flow: 460826000 USD 2021-01-01 – 2021-12-31: 572327000 USD · Inspect Operating Cash Flow · Source 2021-01-01 – 2021-12-31: 111501000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · EPAM SYSTEMS, INC. · 2021-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Free cash flow: 460826000 USD Concept: free-cash-flow Period: 2021-01-01 to 2021-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 572327000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201024000008/epam-20231231.htm#1482816 Filing: 000135201024000008 Input fundies:CapitalExpenditure: 111501000 USD (2021-01-01 to 2021-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201024000008/epam-20231231.htm#1486141 Filing: 000135201024000008 The citation records this snapshot. The page link may show a newer release later.
2022 2022-01-01 – 2022-12-31	USD 419.42 million Exact value Exact value: 419416000 USD 2022-01-01 – 2022-12-31: 419416000 USD Inspect Net Income Open source Share or cite Citation for Net Income · EPAM SYSTEMS, INC. · 2022-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Net Income: 419416000 USD Concept: fundies:NetIncome Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3ANetIncome&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:NetIncome: 419416000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201025000007/epam-20241231.htm#2702039 Filing: 000135201025000007 The citation records this snapshot. The page link may show a newer release later.	USD 464.1 million Exact value Exact value: 464104000 USD 2022-01-01 – 2022-12-31: 464104000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · EPAM SYSTEMS, INC. · 2022-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Operating Cash Flow: 464104000 USD Concept: fundies:OperatingCashFlow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3AOperatingCashFlow&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 464104000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201025000007/epam-20241231.htm#1452845 Filing: 000135201025000007 The citation records this snapshot. The page link may show a newer release later.	USD 81.63 million Exact value Exact value: 81629000 USD 2022-01-01 – 2022-12-31: 81629000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · EPAM SYSTEMS, INC. · 2022-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Capital Expenditure: 81629000 USD Concept: fundies:CapitalExpenditure Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3ACapitalExpenditure&period=2022-12-31&surface=latest&period_type=duration&start=2022-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 81629000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201025000007/epam-20241231.htm#1456170 Filing: 000135201025000007 The citation records this snapshot. The page link may show a newer release later.	USD 382.48 million Calculation and evidence 464104000 − 81629000 USD Exact free cash flow: 382475000 USD 2022-01-01 – 2022-12-31: 464104000 USD · Inspect Operating Cash Flow · Source 2022-01-01 – 2022-12-31: 81629000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · EPAM SYSTEMS, INC. · 2022-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Free cash flow: 382475000 USD Concept: free-cash-flow Period: 2022-01-01 to 2022-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 464104000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201025000007/epam-20241231.htm#1452845 Filing: 000135201025000007 Input fundies:CapitalExpenditure: 81629000 USD (2022-01-01 to 2022-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201025000007/epam-20241231.htm#1456170 Filing: 000135201025000007 The citation records this snapshot. The page link may show a newer release later.
2023 2023-01-01 – 2023-12-31	USD 417.08 million Exact value Exact value: 417083000 USD 2023-01-01 – 2023-12-31: 417083000 USD Inspect Net Income Open source Share or cite Citation for Net Income · EPAM SYSTEMS, INC. · 2023-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Net Income: 417083000 USD Concept: fundies:NetIncome Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3ANetIncome&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:NetIncome: 417083000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#2463489 Filing: 000135201026000015 The citation records this snapshot. The page link may show a newer release later.	USD 562.63 million Exact value Exact value: 562634000 USD 2023-01-01 – 2023-12-31: 562634000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · EPAM SYSTEMS, INC. · 2023-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Operating Cash Flow: 562634000 USD Concept: fundies:OperatingCashFlow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3AOperatingCashFlow&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 562634000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#1326273 Filing: 000135201026000015 The citation records this snapshot. The page link may show a newer release later.	USD 28.42 million Exact value Exact value: 28415000 USD 2023-01-01 – 2023-12-31: 28415000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · EPAM SYSTEMS, INC. · 2023-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Capital Expenditure: 28415000 USD Concept: fundies:CapitalExpenditure Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3ACapitalExpenditure&period=2023-12-31&surface=latest&period_type=duration&start=2023-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 28415000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#1329558 Filing: 000135201026000015 The citation records this snapshot. The page link may show a newer release later.	USD 534.22 million Calculation and evidence 562634000 − 28415000 USD Exact free cash flow: 534219000 USD 2023-01-01 – 2023-12-31: 562634000 USD · Inspect Operating Cash Flow · Source 2023-01-01 – 2023-12-31: 28415000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · EPAM SYSTEMS, INC. · 2023-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Free cash flow: 534219000 USD Concept: free-cash-flow Period: 2023-01-01 to 2023-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 562634000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#1326273 Filing: 000135201026000015 Input fundies:CapitalExpenditure: 28415000 USD (2023-01-01 to 2023-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#1329558 Filing: 000135201026000015 The citation records this snapshot. The page link may show a newer release later.
2024 2024-01-01 – 2024-12-31	USD 454.53 million Exact value Exact value: 454533000 USD 2024-01-01 – 2024-12-31: 454533000 USD Inspect Net Income Open source Share or cite Citation for Net Income · EPAM SYSTEMS, INC. · 2024-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Net Income: 454533000 USD Concept: fundies:NetIncome Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3ANetIncome&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:NetIncome: 454533000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#2462719 Filing: 000135201026000015 The citation records this snapshot. The page link may show a newer release later.	USD 559.17 million Exact value Exact value: 559168000 USD 2024-01-01 – 2024-12-31: 559168000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · EPAM SYSTEMS, INC. · 2024-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Operating Cash Flow: 559168000 USD Concept: fundies:OperatingCashFlow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3AOperatingCashFlow&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 559168000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#1325500 Filing: 000135201026000015 The citation records this snapshot. The page link may show a newer release later.	USD 32.15 million Exact value Exact value: 32146000 USD 2024-01-01 – 2024-12-31: 32146000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · EPAM SYSTEMS, INC. · 2024-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Capital Expenditure: 32146000 USD Concept: fundies:CapitalExpenditure Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3ACapitalExpenditure&period=2024-12-31&surface=latest&period_type=duration&start=2024-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 32146000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#1328967 Filing: 000135201026000015 The citation records this snapshot. The page link may show a newer release later.	USD 527.02 million Calculation and evidence 559168000 − 32146000 USD Exact free cash flow: 527022000 USD 2024-01-01 – 2024-12-31: 559168000 USD · Inspect Operating Cash Flow · Source 2024-01-01 – 2024-12-31: 32146000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · EPAM SYSTEMS, INC. · 2024-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Free cash flow: 527022000 USD Concept: free-cash-flow Period: 2024-01-01 to 2024-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 559168000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#1325500 Filing: 000135201026000015 Input fundies:CapitalExpenditure: 32146000 USD (2024-01-01 to 2024-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#1328967 Filing: 000135201026000015 The citation records this snapshot. The page link may show a newer release later.
2025 2025-01-01 – 2025-12-31	USD 377.68 million Exact value Exact value: 377678000 USD 2025-01-01 – 2025-12-31: 377678000 USD Inspect Net Income Open source Share or cite Citation for Net Income · EPAM SYSTEMS, INC. · 2025-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Net Income: 377678000 USD Concept: fundies:NetIncome Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3ANetIncome&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:NetIncome: 377678000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#2461949 Filing: 000135201026000015 The citation records this snapshot. The page link may show a newer release later.	USD 654.93 million Exact value Exact value: 654934000 USD 2025-01-01 – 2025-12-31: 654934000 USD Inspect Operating Cash Flow Open source Share or cite Citation for Operating Cash Flow · EPAM SYSTEMS, INC. · 2025-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Operating Cash Flow: 654934000 USD Concept: fundies:OperatingCashFlow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3AOperatingCashFlow&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:OperatingCashFlow: 654934000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#1324727 Filing: 000135201026000015 The citation records this snapshot. The page link may show a newer release later.	USD 42.24 million Exact value Exact value: 42243000 USD 2025-01-01 – 2025-12-31: 42243000 USD Inspect Capital Expenditure Open source Share or cite Citation for Capital Expenditure · EPAM SYSTEMS, INC. · 2025-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Capital Expenditure: 42243000 USD Concept: fundies:CapitalExpenditure Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010/explain?concept=fundies%3ACapitalExpenditure&period=2025-12-31&surface=latest&period_type=duration&start=2025-01-01&unit=USD&dimensions= Input fundies:CapitalExpenditure: 42243000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#1328376 Filing: 000135201026000015 The citation records this snapshot. The page link may show a newer release later.	USD 612.69 million Calculation and evidence 654934000 − 42243000 USD Exact free cash flow: 612691000 USD 2025-01-01 – 2025-12-31: 654934000 USD · Inspect Operating Cash Flow · Source 2025-01-01 – 2025-12-31: 42243000 USD · Inspect Capital Expenditure · Source Share or cite Citation for Free cash flow · EPAM SYSTEMS, INC. · 2025-12-31 EPAM SYSTEMS, INC. (edgar:1352010) Free cash flow: 612691000 USD Concept: free-cash-flow Period: 2025-01-01 to 2025-12-31 Values: Latest reported Published: 2026-11-02T17:15:40Z Snapshot: f2113abb6052e96113f9e8f055328dbb91fb9893b73c582950f9b346b109817e Dimensions: Consolidated View: https://fundies.io/companies/edgar/1352010?view=overview&cadence=annual&surface=latest#cash-generation-title Computed: Operating cash flow minus capital expenditure Input fundies:OperatingCashFlow: 654934000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#1324727 Filing: 000135201026000015 Input fundies:CapitalExpenditure: 42243000 USD (2025-01-01 to 2025-12-31) Dimensions: Consolidated Source: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000015/epam-20251231.htm#1328376 Filing: 000135201026000015 The citation records this snapshot. The page link may show a newer release later.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

126 filings · 22,844 latest values · 22,847 originally reported values

Dataset published 2026-11-02. Source filing dates and reporting periods are shown separately.

Identifiers: 0001352010, 1352010, EPAM, edgar:1352010

Also known as EPAM SYSTEMS INC, EPAM SYSTEMS, INC., EPAM Systems, Inc.

EPAM SYSTEMS, INC.

Latest quarter

Revenue

Operating margin

Operating cash flow

Free cash flow

Reported share-count change

Trailing twelve months

Revenue

Net income

Operating cash flow

Capital expenditure

Free cash flow

Company performance

What changed year over year

Revenue

Net income

Operating cash flow

Capital expenditure

Where revenue goes

2025 2025-01-01 – 2025-12-31

Cash

Share of revenue by period

Growth

Profit and cash

Balance sheet

Cash generation