EPAM Systems, Inc. (EPAM) quarterly balance sheet — complete assets, liabilities & equity history
EPAM Systems, Inc. (EPAM) balance sheet — 17-year assets, liabilities & shareholders' equity history
| Metric | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 |
|---|
| Total Current Assets | 2.33B | 2.22B | 2.36B | 2.53B | 2.52B | 2.37B | 2.42B | 2.43B | 3.11B | 2.92B | 3.08B | 3.09B | 2.93B | 2.87B | 2.83B | 2.76B | 2.53B | 2.36B | 2.27B | 2.27B |
| Cash & Short-Term Investments | 965.17M | 789.4M | 1.04B | 1.3B | 1.24B | 1.04B | 1.17B | 1.29B | 2.06B | 1.85B | 2.05B | 2.1B | 1.93B | 1.85B | 1.81B | 1.74B | 1.55B | 1.35B | 1.28B | 1.45B |
| Cash Only | 965.17M | 789.4M | 1.04B | 1.3B | 1.24B | 1.04B | 1.17B | 1.29B | 2.04B | 1.79B | 1.98B | 2.04B | 1.87B | 1.78B | 1.75B | 1.68B | 1.49B | 1.29B | 1.28B | 1.45B |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1.69M | 22.32M | 61.49M | 61.63M | 60.74M | 60.43M | 71.38M | 60.37M | 60.34M | 60.22M | 60.1M | 0 | 0 |
| Accounts Receivable | 1.21B | 1.27B | 1.17B | 1.11B | 1.13B | 1.16B | 1.09B | 1B | 935.08M | 960.87M | 931.41M | 897.03M | 913.03M | 917.54M | 934.24M | 932.63M | 917.14M | 929.22M | 901.26M | 768.93M |
| Days Sales Outstanding | 80.02 | 78.56 | 73.37 | 73.16 | 75.53 | 75.61 | 72.33 | 71.39 | 74.7 | 75.09 | 71.38 | 71.95 | 73.09 | 72 | 69.37 | 69.11 | 69.22 | 69.7 | 64.15 | 63.32 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 0 | 158.56M | 145.81M | 129.61M | 154.41M | 170.18M | 151.97M | 136.12M | 113.07M | 106.1M | 106.4M | 97.36M | 78.85M | 106.14M | 86.76M | 85.32M | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 2.35B | 2.36B | 2.35B | 2.37B | 2.32B | 2.34B | 2.31B | 2.32B | 1.35B | 1.31B | 1.29B | 1.26B | 1.24B | 1.22B | 1.24B | 1.25B | 1.21B | 1.2B | 1.24B | 1.25B |
| Property, Plant & Equipment | 321.08M | 329.97M | 321.26M | 317.26M | 322.26M | 330.95M | 327.67M | 335.91M | 337.43M | 340.33M | 358M | 369.95M | 375.96M | 401.62M | 413.88M | 422.13M | 357.92M | 370.85M | 395.15M | 421.06M |
| Fixed Asset Turnover | 4.38x | 4.34x | 4.39x | 4.40x | 4.27x | 4.11x | 3.92x | 3.71x | 3.45x | 3.28x | 3.20x | 3.10x | 2.96x | 2.87x | 2.90x | 3.16x | 3.37x | 3.12x | 2.87x | 2.80x |
| Goodwill | 1.2B | 1.2B | 1.2B | 1.21B | 1.21B | 1.21B | 1.19B | 1.18B | 621.9M | 608.07M | 595.22M | 562.46M | 548.18M | 534.49M | 533.73M | 529.07M | 505.54M | 521.27M | 534.14M | 530.72M |
| Intangible Assets | 352.89M | 372.97M | 385.73M | 406.59M | 419.81M | 435.89M | 426.69M | 436.42M | 74.49M | 78.24M | 80.76M | 71.12M | 69.73M | 68.13M | 73.11M | 77.65M | 79.22M | 89.03M | 97.57M | 101.14M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 171.14M | 156.17M | 151.44M | 138.72M | 132.96M | 123.06M | 111.44M | 100.52M | 98.19M | 67.97M | 59.98M | 59.58M | 55.59M | 53.02M | 52.18M | 47.88M | 50.72M | 50.34M | 52.66M | 56.9M |
| Total Assets | 4.68B | 4.57B | 4.7B | 4.9B | 4.84B | 4.71B | 4.72B | 4.75B | 4.46B | 4.22B | 4.37B | 4.35B | 4.16B | 4.09B | 4.07B | 4.01B | 3.74B | 3.56B | 3.51B | 3.52B |
| Asset Turnover | 0.31x | 0.30x | 0.29x | 0.29x | 0.29x | 0.29x | 0.27x | 0.27x | 0.27x | 0.27x | 0.27x | 0.27x | 0.28x | 0.29x | 0.30x | 0.32x | 0.34x | 0.34x | 0.33x | 0.33x |
| Asset Growth % | -3.32% | -2.9% | -0.43% | 3.19% | 8.66% | 11.54% | 7.98% | 9.15% | 7.09% | 3.17% | 7.45% | 8.56% | 11.42% | 14.86% | 16.07% | 13.79% | 15.22% | 20.34% | 26.15% | 29.47% |
| Total Current Liabilities | 844.04M | 804.44M | 884.33M | 976.94M | 835.26M | 747.43M | 789.12M | 821.04M | 681.05M | 602.46M | 658.53M | 644.93M | 613.58M | 584.07M | 682.86M | 747.48M | 727.96M | 684.7M | 683.25M | 763.42M |
| Accounts Payable | 36.84M | 41.55M | 40.11M | 55.33M | 42.98M | 45.28M | 44.45M | 44.7M | 30.77M | 30.95M | 27.25M | 31.99M | 25.41M | 27.29M | 28.86M | 30.85M | 28.29M | 22.49M | 19.41M | 24.85M |
| Days Payables Outstanding | 3.68 | 3.77 | 4.12 | 4.59 | 4 | 4.24 | 4.21 | 4 | 3.72 | 3.27 | 3.23 | 3.31 | 3.05 | 3.16 | 3.14 | 3.27 | 2.83 | 2.25 | 2.55 | 2.08 |
| Short-Term Debt | 0 | 39.3M | 0 | 37.17M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2.86M | 7.79M | 6.7M | 9.9M | 16.02M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 104.22M | 0 | 0 | 0 | 59.32M | 0 | 0 | 0 | 27.99M | 0 | 0 | 0 | 36.04M | 0 | 0 | 0 | 39.81M |
| Other Current Liabilities | 0 | 44K | 567.66M | 146.47M | 188.59M | 458.61M | 495.56M | 568.59M | 422.55M | 367.67M | 438.22M | 460.08M | 392.42M | 359.3M | 444.73M | 525.87M | 456.96M | 414.67M | 408.79M | 545.87M |
| Current Ratio | 2.76x | 2.75x | 2.67x | 2.59x | 3.02x | 3.17x | 3.06x | 2.96x | 4.56x | 4.84x | 4.68x | 4.79x | 4.77x | 4.92x | 4.15x | 3.69x | 3.47x | 3.45x | 3.32x | 2.97x |
| Quick Ratio | 2.76x | 2.75x | 2.67x | 2.59x | 3.02x | 3.17x | 3.06x | 2.96x | 4.56x | 4.84x | 4.68x | 4.79x | 4.77x | 4.92x | 4.15x | 3.69x | 3.47x | 3.45x | 3.32x | 2.97x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 243.81M | 250.35M | 387.41M | 247.39M | 281.19M | 294.91M | 291.27M | 298.28M | 221.52M | 222.91M | 240.36M | 235.96M | 248.68M | 246.29M | 258.05M | 258.66M | 249M | 255.25M | 270.56M | 263.97M |
| Long-Term Debt | 25M | 25M | 165M | 25.03M | 25.04M | 25.04M | 25.06M | 25.19M | 25.33M | 25.5M | 25.79M | 26.13M | 27.5M | 25.85M | 28.25M | 27.69M | 28.2M | 30.22M | 30.55M | 30.23M |
| Capital Lease Obligations | 83.13M | 87.94M | 86.19M | 81.5M | 89.72M | 97.22M | 93.61M | 98.43M | 102.55M | 103.65M | 110.37M | 109.26M | 108.33M | 115.99M | 117.91M | 122.32M | 122.7M | 130.89M | 140.81M | 142.8M |
| Deferred Tax Liabilities | 73.35M | 74.5M | 73.8M | 76.97M | 96.96M | 98.06M | 94.21M | 92.36M | 0 | 0 | 0 | 8.74M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 62.33M | 62.9M | 62.42M | 63.89M | 69.48M | 74.59M | 78.39M | 82.3M | 93.64M | 93.76M | 104.21M | 91.83M | 112.84M | 104.45M | 111.88M | 108.65M | 98.1M | 94.14M | 99.2M | 90.93M |
| Total Liabilities | 1.09B | 1.05B | 1.27B | 1.22B | 1.12B | 1.04B | 1.08B | 1.12B | 902.57M | 825.37M | 898.89M | 880.89M | 862.25M | 830.36M | 940.9M | 1.01B | 976.96M | 939.96M | 953.81M | 1.03B |
| Total Debt | 146.33M | 152.24M | 287.94M | 143.7M | 155.22M | 162.69M | 158.14M | 163.25M | 165.44M | 165.98M | 172.36M | 171.94M | 174.13M | 180.84M | 187.1M | 193.22M | 197.29M | 208.94M | 228.28M | 239.16M |
| Net Debt | -818.85M | -637.15M | -749.02M | -1.15B | -1.08B | -878.65M | -1.02B | -1.12B | -1.87B | -1.62B | -1.81B | -1.86B | -1.7B | -1.6B | -1.56B | -1.49B | -1.29B | -1.08B | -1.05B | -1.21B |
| Debt / Equity | 0.04x | 0.04x | 0.08x | 0.04x | 0.04x | 0.04x | 0.04x | 0.04x | 0.05x | 0.05x | 0.05x | 0.05x | 0.05x | 0.06x | 0.06x | 0.06x | 0.07x | 0.08x | 0.09x | 0.10x |
| Debt / EBITDA | 0.70x | 0.78x | 1.79x | 0.75x | 0.83x | 0.97x | 1.12x | 0.95x | 0.80x | 1.10x | 1.21x | 1.10x | 1.18x | 1.02x | 1.22x | 0.95x | 0.92x | 1.64x | 1.36x | 1.17x |
| Net Debt / EBITDA | -3.93x | -3.27x | -4.66x | -6.05x | -5.79x | -5.22x | -7.22x | -6.51x | -9.08x | -10.73x | -12.75x | -11.97x | -11.53x | -8.98x | -10.20x | -7.29x | -6.05x | -8.52x | -6.23x | -5.91x |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 783.28x | 38.03x |
| Total Equity | 3.59B | 3.52B | 3.43B | 3.68B | 3.73B | 3.67B | 3.64B | 3.63B | 3.55B | 3.4B | 3.48B | 3.47B | 3.3B | 3.26B | 3.13B | 3B | 2.76B | 2.62B | 2.55B | 2.5B |
| Equity Growth % | -3.54% | -4.06% | -5.81% | 1.28% | 4.84% | 7.96% | 4.82% | 4.6% | 7.72% | 4.13% | 11.03% | 15.6% | 19.62% | 24.36% | 22.58% | 20.32% | 17.94% | 18.59% | 23.73% | 25.86% |
| Book Value per Share | 69.84 | 67.32 | 63.34 | 66.46 | 66.77 | 64.47 | 63.62 | 63.22 | 61.90 | 58.44 | 58.98 | 58.93 | 55.98 | 55.14 | 52.79 | 50.60 | 46.48 | 44.46 | 43.33 | 42.12 |
| Total Shareholders' Equity | 3.59B | 3.52B | 3.43B | 3.68B | 3.73B | 3.67B | 3.64B | 3.63B | 3.55B | 3.4B | 3.48B | 3.47B | 3.3B | 3.26B | 3.13B | 3B | 2.76B | 2.62B | 2.55B | 2.49B |
| Common Stock | 51K | 52K | 53K | 54K | 55K | 56K | 57K | 57K | 57K | 57K | 58K | 58K | 58K | 58K | 58K | 58K | 57K | 57K | 57K | 57K |
| Retained Earnings | 2.09B | 2.04B | 2.08B | 2.27B | 2.38B | 2.36B | 2.47B | 2.56B | 2.47B | 2.38B | 2.5B | 2.5B | 2.44B | 2.42B | 2.34B | 2.25B | 2.09B | 1.94B | 1.92B | 1.83B |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -118K | -118K | -118K | -118K | -118K | -177K | -177K | -177K |
| Accumulated OCI | -19.36M | -4.97M | -13.77M | 18.55M | 12.4M | 21.31M | -61.85M | -116.86M | -40.52M | -69.42M | -61.35M | -39.04M | -91.63M | -72.08M | -77.96M | -95.32M | -138.63M | -76.36M | -86.15M | -54.21M |
| Minority Interest | 582K | 582K | 582K | 582K | 582K | 582K | 582K | 1.94M | 582K | 582K | 575K | 579K | 579K | 579K | 1.48M | 1.48M | 1.48M | 1.65M | 1.65M | 8.72M |