EPAM on NYSE

EPAM Systems

Logo: EPAM Systems, Public domain, via Wikimedia Commons4

Global provider of software engineering and IT consulting services.1

Price unavailable

Last updated Oct 19, 2026.

Overview

1993Founded1

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  • TickerEPAM on NYSE1
  • Industryconsultation, outsourcing, software industry1
  • HeadquartersPennsylvania1
  • Websitewww.epam.com
  • Legal formDelaware corporation1
  • Incorporated inDE5
  • Business address41 University Drive, Suite 202, Newtown, Pa 189405
  • Filer categoryLarge accelerated filer5
  • LEI549300XCR4R530HJP6043
  • StatusActive3
  • LEI statusIssued and current3
  • Registered addressC/O UNITED AGENT GROUP INC., 19803 Wilmington, United States3
  • Registered withDivision of Corporations, Department of State, 36041503

EPAM has used its software engineering expertise to become a leading global provider of digital engineering, cloud and artificial intelligence-enabled transformation services, and a leading business and experience consulting partner for global enterprises and ambitious start-ups. We address our clients’ transformation challenges by fusing EPAM Continuum’s integrated strategy, experience and technology consulting with our 30+ years of engineering execution to speed our clients’ time to market and drive greater value from their innovations and digital investments.6 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

9.5%Operating margin7
6.9%Net margin7
15.4%Revenue growth, 20257
10.3%Return on equity7
0.01×Debt to equity7
$612.7MFree cash flow7

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Business segments

Americas brought in 58% of the revenue EPAM Systems broke down this way in fiscal 2025.

  1. Americas$3.2B758%up 10% from 2024
  2. Europe$2.3B742%up 23% from 2024
Business segments by year
Business segments202320242025
Americas$2.8B$2.9B$3.2B
Europe$1.9B$1.9B$2.3B

Regions

Americas brought in 28% of the revenue EPAM Systems broke down this way in fiscal 2025.

  1. Americas$3.2B728%up 13% from 2024
  2. North America$3.2B728%up 10% from 2024
  3. EMEA$2.1B719%up 20% from 2024
  4. Other Countries$1.1B710%up 56% from 2024
  5. United Kingdom$597.3M75%up 14% from 2024
  6. Switzerland$438.5M74%up 8% from 2024
  7. Germany$233.4M72%up 13% from 2024
  8. Netherlands$229.8M72%up 22% from 2024
  9. Asia Pacific$108.8M71%up 9% from 2024
Regions by year
Regions202320242025
Americas$2.7B$2.8B$3.2B
North America$2.8B$2.9B$3.2B
EMEA$1.8B$1.8B$2.1B
Other Countries$689.7M$722.0M$1.1B
United Kingdom$585.2M$523.4M$597.3M
Switzerland$367.1M$407.8M$438.5M
Germany$178.5M$206.1M$233.4M
Netherlands$236.3M$188.6M$229.8M
Asia Pacific$102.1M$100.0M$108.8M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue71¢$3.9B
  • Selling, general and admin17¢$928.7M
  • Other costs3¢$139.2M
  • Income tax2¢$127.9M
  • Profit7¢$377.7M

Out of $5.5B in revenue.7

Where each dollar of operating cash went, fiscal 2025

  • Capital spending6¢$42.2M
  • Share buybacks94¢$662.2M

Out of $654.9M of cash from operations. Spending exceeded cash from operations; the rest came from savings or borrowing.7

Financial statements

Revenue8910117$5.5B in 2025+138% since 2019
0$2.0B$4.0B$6.0B2019: $2.3B$2.3B20192020: $2.7B$2.7B2020+16%2021: $3.8B$3.8B2021+41%2022: $4.8B$4.8B2022+28%2023: $4.7B$4.7B2023−3%2024: $4.7B$4.7B2024+1%2025: $5.5B$5.5B2025+15%
Operating income8910117$520.0M in 2025+72% since 2019
0$200.0M$400.0M$600.0M2019: $302.9M$302.9M20192020: $379.3M$379.3M2020+25%2021: $542.3M$542.3M2021+43%2022: $573.0M$573.0M2022+6%2023: $501.2M$501.2M2023−13%2024: $544.6M$544.6M2024+9%2025: $520.0M$520.0M2025−5%
Net income8910117$377.7M in 2025+45% since 2019
0$200.0M$400.0M$600.0M2019: $261.1M$261.1M20192020: $327.2M$327.2M2020+25%2021: $481.7M$481.7M2021+47%2022: $419.4M$419.4M2022−13%2023: $417.1M$417.1M2023−1%2024: $454.5M$454.5M2024+9%2025: $377.7M$377.7M2025−17%

Every line of the income statement as filed: the last 3 fiscal years, latest first.7

Period ending2025-12-312024-12-312023-12-31
Revenues$5.5B$4.7B$4.7B
Cost of revenues (exclusive of depreciation and amortization)$3.9B$3.3B$3.3B
Selling, general and administrative expenses$928.7M$816.3M$815.1M
Depreciation and amortization expense$124.8M$89.6M$91.8M
Loss on sale of business$0$0$25.9M
Income from operations$520.0M$544.6M$501.2M
Interest and other income, net$11.5M$46.9M$51.1M
Foreign exchange loss-$25.9M-$7.0M-$15.8M
Income before provision for income taxes$505.6M$584.4M$536.6M
Provision for income taxes$127.9M$129.9M$119.5M
Net income$377.7M$454.5M$417.1M
Basic (in dollars per share)$6.76$7.93$7.21
Diluted (in dollars per share)$6.72$7.84$7.06
Basic (in shares)55.9M shares57.3M shares57.8M shares
Diluted (in shares)56.2M shares58.0M shares59.1M shares

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Leadership

Who has led EPAM Systems, and when. Pick a name to see everywhere that person has worked.

1995200020052010201520202025
Board members and other officers (25)

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Employees over time

  • 202152,6501

Former names

  • EPAM SYSTEMS INCJan 31, 2006 to Dec 12, 20075

Timeline

  1. Sep 2, 2025New chief executive Balazs Fejes becomes CEO15
  2. Feb 9, 2012New chief executive Ilya Cantor becomes CEO16
  3. Jan 24, 2012Went public Listed on NYSE1
  4. 1993Founded Founded1

Filings

438 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 46 major events, 297 insider forms, 32 large holders, 43 other. The latest 20:

  1. Sep 3, 20264 EDGAR
  2. Aug 13, 2026SCHEDULE 13G/A EDGAR
  3. Aug 12, 2026SCHEDULE 13G/A EDGAR
  4. Aug 6, 202610-Q EDGAR
  5. Aug 6, 20268-K EDGAR
  6. Aug 6, 2026S-8 EDGAR
  7. Aug 6, 2026S-8 EDGAR
  8. Jul 31, 2026SCHEDULE 13G/A EDGAR
  9. Jul 8, 2026SCHEDULE 13G/A EDGAR
  10. Jul 8, 2026SCHEDULE 13G/A EDGAR
  11. May 26, 20268-K EDGAR
  12. May 22, 20264 EDGAR
  13. May 22, 20264 EDGAR
  14. May 22, 20264 EDGAR
  15. May 22, 20264 EDGAR
  16. May 22, 20264 EDGAR
  17. May 22, 20264 EDGAR
  18. May 22, 20264 EDGAR
  19. May 22, 20264 EDGAR
  20. May 22, 20264 EDGAR

The 438 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

75 open-market trades by officers, directors and large owners since October 2021: 22 buys and 53 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Apr 30, 2026Rockwell EdwardSVP/Chief Legal OfficerBuy78$96.71$7.5KForm 4
Apr 30, 2026Dvorkin ViktarChief Deliv Off, EVP, AmericasBuy78$96.71$7.5KForm 4
Apr 30, 2026Abrahams Gary CVP, Corporate Controller, PAOBuy78$96.71$7.5KForm 4
Apr 30, 2026Peterson Jason D.Chief Financial OfficerBuy78$96.71$7.5KForm 4
Apr 30, 2026Solomon Lawrence FSVP/Chief People OfficerBuy78$96.71$7.5KForm 4
Apr 30, 2026Fejes BalazsCEO, President, DirectorBuy78$96.71$7.5KForm 4
Dec 10, 2025Shnayder BorisSVP/Co-Head of Global BusinessSale5,000$207.00$1.0MForm 4
Nov 17, 2025Abrahams Gary CVP, Corporate Controller, PAOSale600$179.29$107.6KForm 4
Nov 13, 2025Dvorkin ViktarChief Deliv Off, EVP, AmericasSale2,500$181.80$454.5KForm 4
Oct 31, 2025Rockwell EdwardSVP/Chief Legal OfficerBuy56$134.69$7.5KForm 4
Oct 31, 2025Dvorkin ViktarChief Deliv Off, EVP, AmericasBuy56$134.69$7.5KForm 4
Oct 31, 2025Abrahams Gary CVP, Corporate Controller, PAOBuy56$134.69$7.5KForm 4
Oct 31, 2025Peterson Jason D.Chief Financial OfficerBuy56$134.69$7.5KForm 4
Oct 31, 2025Solomon Lawrence FSVP/Chief People OfficerBuy56$134.69$7.5KForm 4
Oct 31, 2025Shnayder BorisSVP/Co-Head of Global BusinessBuy56$134.69$7.5KForm 4
Oct 31, 2025Fejes BalazsCEO, President, DirectorBuy56$134.69$7.5KForm 4
Oct 21, 2025Yezhkov SergeySVP/Co-Head of Global BusinessSale1,511$150.27$227.1KForm 4
Oct 2, 2025Yezhkov SergeySVP/Co-Head of Global BusinessSale10,079$150.86$1.5MForm 4
Oct 2, 2025Yezhkov SergeySVP/Co-Head of Global BusinessSale10,079$150.86$1.5MForm 4
May 22, 2025Shnayder BorisSVP/Co-Head of Global BusinessSale10,500$183.97$1.9MForm 4

All 75 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.6,637,475$526.7M0.0%+2,548,891
Ameriprise Financial Inc5,459,505$434.0M0.1%+1,676,208
Capital World Investors4,825,040$382.9M0.0%−2,015,102
Vanguard Portfolio Management LLC3,466,590$275.1M0.0%+508,897
Invesco Ltd.2,410,977$191.3M0.0%−1,967,927
Vanguard Capital Management LLC2,275,391$180.6M0.0%−1,188,548
State Street Corp1,956,089$155.2M0.0%−277,105
Dimensional Fund Advisors LP1,648,593$130.8M0.0%+579,309
Citadel Advisors LLC1,568,576$124.5M0.1%+1,484,718
Aikya Investment Management Ltd1,365,913$108.4M31.8%+455,298
Morgan Stanley1,249,137$99.1M0.0%+130,347
Brandes Investment Partners, LP1,173,823$93.1M0.7%−151,231
Geode Capital Management, LLC1,101,476$87.4M0.0%−514,398
UBS Group AG968,340$76.8M0.0%+391,061
Millennium Management LLC966,015$76.7M0.1%+946,345
Massachusetts Financial Services Co /ma/778,355$62.0M0.0%−709,192
Goldman Sachs Group Inc747,092$59.3M0.0%+587,550
FIL Ltd692,670$55.0M0.0%−2,840
Norges Bank676,395$53.7M0.0%New
Arrowstreet Capital, Limited Partnership666,497$52.9M0.0%+317,911
Bank Of America Corp /de/662,019$52.5M0.0%+37,320
Point72 Asset Management, L.P.595,177$47.2M0.1%+314,359
Greenhaven Associates Inc587,300$46.6M0.5%New
Assenagon Asset Management S.A.585,084$46.4M0.0%+567,465
Citigroup Inc486,908$38.6M0.0%+266,248

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

14 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Apr 14, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseSale$1,001 - $15,000+15.2%Report
Mar 13, 2026Gilbert Ray Cisneros, Jr.Democratic, HouseBuy$1,001 - $15,000−27.4%Report
Aug 4, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000+42.6%Report
Jul 22, 2025Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000−50.3%Report
May 12, 2025Jefferson ShreveRepublican, HouseSale$15,001 - $50,000+66.9%Report
Mar 31, 2025Jefferson ShreveRepublican, HouseBuy$15,001 - $50,000−65.6%Report
Feb 24, 2025Jefferson ShreveRepublican, HouseSale$15,001 - $50,000+70.3%Report
Jul 12, 2023Daniel S. GoldmanDemocratic, HouseSale$15,001 - $50,000+120.7%Report
Apr 19, 2023Lois FrankelDemocratic, HousePartial sale$1,001 - $15,000+144.1%Report
Apr 10, 2023Daniel S. GoldmanDemocratic, HouseBuy$15,001 - $50,000−146.4%Report
Sep 19, 2022Lois FrankelDemocratic, HousePartial sale$1,001 - $15,000+168.3%Report
Dec 9, 2021Lois FrankelDemocratic, HousePartial sale$1,001 - $15,000+148.0%Report
Feb 18, 2021Lois FrankelDemocratic, HousePartial sale$1,001 - $15,000+165.2%Report
Jun 9, 2020Lois FrankelDemocratic, HousePartial sale$1,001 - $15,000+188.6%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

The numbers on this page point here. Each one links to the record it came from.

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