EPAM Systems, Inc. (EPAM) Quarterly Income Statement

120+ quarters historyFree accessUpdated daily

EPAM Systems, Inc. (EPAM) quarterly income statement — complete revenue, gross profit & net income history

Quarterly statement

EPAM Income Statement

EPAM Systems, Inc. (EPAM) annual income statement — 17-year revenue, gross profit & net income 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

Sales/Revenue	1.43B	1.41B	1.4B	1.41B	1.39B	1.35B	1.3B	1.25B	1.17B	1.15B	1.17B	1.16B	1.15B	1.17B	1.21B	1.23B	1.23B	1.19B	1.17B	1.11B
Revenue Growth %	2.3%	4.53%	7.56%	12.75%	19.43%	18.04%	11.69%	7.87%	1.34%	-2.02%	-3.76%	-6.01%	-6.1%	-2.06%	3.36%	11.18%	24.11%	35.57%	50.06%	53.07%
Cost of Goods Sold	980.49M	985.2M	1.04B	984.35M	1.01B	964.01M	952.01M	868.31M	763.99M	810.86M	834.33M	797.63M	794.26M	808.72M	855.9M	832.73M	826.8M	846.32M	780.84M	727.27M
COGS % of Revenue	68.74%	69.64%	74.54%	69.93%	72.76%	71.23%	73.14%	69.56%	65.44%	70.72%	71.59%	68.92%	68.94%	69.11%	70.68%	67.63%	67.39%	70.83%	66.65%	65.67%
Gross Profit	445.94M	429.57M	358.34M	423.2M	379.89M	389.43M	349.68M	380.04M	403.54M	335.74M	331.13M	359.62M	357.87M	361.49M	355.04M	398.57M	400.12M	348.54M	390.78M	380.2M
Gross Margin %	31.26%	30.36%	25.59%	30.07%	27.24%	28.77%	26.86%	30.44%	34.56%	29.28%	28.41%	31.08%	31.06%	30.89%	29.32%	32.37%	32.61%	29.17%	33.35%	34.33%
Gross Profit Growth %	17.39%	10.31%	2.47%	11.36%	-5.86%	15.99%	5.6%	5.68%	12.76%	-7.12%	-6.73%	-9.77%	-10.56%	3.72%	-9.15%	4.83%	19.38%	17.1%	49.47%	47.53%
Operating Expenses	270.01M	277.35M	239.7M	273.95M	223.86M	262.95M	250.35M	243.53M	226.56M	215.18M	220.6M	237.13M	243.84M	217.15M	234.67M	228.1M	219.9M	255.52M	261.54M	214.53M
OpEx % of Revenue	18.93%	19.6%	17.12%	19.46%	16.05%	19.43%	19.23%	19.51%	19.4%	18.77%	18.93%	20.49%	21.16%	18.56%	19.38%	18.52%	17.92%	21.38%	22.32%	19.37%
Selling, General & Admin	237.39M	245.25M	239.7M	243.16M	223.86M	231.68M	218.92M	216.97M	206.82M	194.06M	198.45M	213.97M	194.83M	194.38M	211.89M	204.95M	198.02M	232.53M	237.28M	190.94M
SG&A % of Revenue	16.64%	17.33%	17.12%	17.28%	16.05%	17.12%	16.82%	17.38%	17.71%	16.92%	17.03%	18.49%	16.91%	16.61%	17.5%	16.65%	16.14%	19.46%	20.25%	17.24%
Research & Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
R&D % of Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other Operating Expenses	1000K	1000K	0	1000K	0	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Operating Income	175.93M	152.22M	118.64M	149.25M	156.03M	126.48M	99.33M	136.51M	176.98M	120.56M	110.53M	122.49M	114.03M	144.35M	120.37M	170.48M	180.23M	93.02M	129.24M	165.67M
Operating Margin %	12.33%	10.76%	8.47%	10.6%	11.19%	9.34%	7.63%	10.94%	15.16%	10.51%	9.48%	10.58%	9.9%	12.34%	9.94%	13.85%	14.69%	7.79%	11.03%	14.96%
Operating Income Growth %	12.75%	20.36%	19.44%	9.33%	-11.83%	4.91%	-10.13%	11.44%	55.21%	-16.48%	-8.17%	-28.15%	-36.73%	55.18%	-6.86%	2.9%	25.05%	-25.75%	20.5%	47.93%
EBITDA	208.55M	194.6M	160.61M	190.37M	187.35M	168.4M	140.7M	172.56M	205.99M	151.02M	142.11M	155.71M	147.33M	177.7M	153.2M	204.06M	213.4M	127.26M	168.29M	204.32M
EBITDA Margin %	14.62%	13.76%	11.47%	13.53%	13.44%	12.44%	10.81%	13.82%	17.64%	13.17%	12.19%	13.46%	12.79%	15.19%	12.65%	16.57%	17.39%	10.65%	14.36%	18.45%
EBITDA Growth %	11.32%	15.56%	14.15%	10.32%	-9.05%	11.51%	-1%	10.82%	39.81%	-15.01%	-7.24%	-23.69%	-30.96%	39.63%	-8.97%	-0.13%	17.99%	-21.22%	19.58%	41.23%
D&A (Non-Cash Add-back)	32.62M	42.38M	41.97M	41.12M	31.31M	41.93M	41.37M	36.05M	29.01M	30.46M	31.58M	33.22M	33.31M	33.35M	32.83M	33.59M	33.17M	34.24M	39.05M	38.65M
EBIT	176.34M	140.55M	120.65M	143.82M	143.62M	123.77M	94.42M	137.33M	189.62M	133.81M	123.66M	122.49M	139.95M	144.35M	120.37M	170.48M	180.23M	93.02M	129.24M	165.67M
Net Interest Income	0	0	597K	89K	3.86M	3.52M	5.81M	6.45M	13.35M	12.04M	15.04M	13.96M	13.93M	11.71M	11.52M	4.38M	4.23M	1.58M	-165K	-4.36M
Interest Income	0	0	597K	89K	3.86M	3.52M	5.81M	6.45M	13.35M	12.04M	15.04M	13.96M	13.93M	11.71M	11.52M	4.38M	4.23M	1.58M	0	0
Interest Expense	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	165K	4.36M
Other Income/Expense	408K	-11.67M	2.01M	-5.43M	-12.42M	-2.71M	-4.91M	819K	12.64M	13.25M	13.12M	4.91M	17.82M	5.7M	6.91M	30.68M	10.92M	-84.36M	-22.95M	-5.72M
Pretax Income	176.34M	140.55M	120.65M	143.82M	143.62M	123.77M	94.42M	137.33M	189.62M	133.81M	123.66M	127.4M	131.85M	150.05M	127.28M	201.16M	191.15M	8.66M	106.29M	159.95M
Pretax Margin %	12.36%	9.93%	8.62%	10.22%	10.3%	9.14%	7.25%	11%	16.24%	11.67%	10.61%	11.01%	11.44%	12.82%	10.51%	16.34%	15.58%	0.72%	9.07%	14.44%
Income Tax	46.02M	37.57M	38.13M	34.47M	36.8M	35.74M	20.93M	34.03M	53.27M	35.16M	7.41M	29.85M	34.65M	30.01M	24.99M	46.12M	35.09M	-9.95M	16.57M	17.67M
Effective Tax Rate %	26.1%	26.73%	31.6%	23.97%	25.62%	28.88%	22.17%	24.78%	28.09%	26.28%	5.99%	23.43%	26.28%	20%	19.63%	22.93%	18.36%	-114.88%	15.59%	11.05%
Net Income	130.31M	102.98M	82.52M	109.35M	106.82M	88.03M	73.48M	103.3M	136.35M	98.64M	116.24M	97.55M	97.2M	120.03M	102.29M	155.04M	156.05M	18.6M	89.72M	142.28M
Net Margin %	9.14%	7.28%	5.89%	7.77%	7.66%	6.5%	5.65%	8.27%	11.68%	8.6%	9.97%	8.43%	8.44%	10.26%	8.45%	12.59%	12.72%	1.56%	7.66%	12.85%
Net Income Growth %	22%	16.99%	12.3%	5.86%	-21.66%	-10.76%	-36.79%	5.89%	40.27%	-17.82%	13.64%	-37.08%	-37.71%	545.2%	14.01%	8.97%	34.93%	-83.78%	-17.72%	66.33%
Net Income (Continuing)	130.31M	102.98M	82.52M	109.35M	106.82M	88.03M	73.48M	103.3M	136.35M	98.64M	116.24M	97.55M	97.2M	120.03M	102.29M	155.04M	156.05M	18.6M	89.72M	142.28M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
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
EPS (Diluted)	2.53	1.97	1.52	1.98	1.91	1.56	1.28	1.80	2.37	1.70	1.97	1.66	1.65	2.03	1.73	2.61	2.63	0.32	1.52	2.40
EPS Growth %	32.46%	26.28%	18.75%	10%	-19.41%	-8.24%	-35.03%	8.43%	43.64%	-16.26%	13.87%	-36.4%	-37.26%	534.38%	13.82%	8.75%	34.87%	-83.51%	-18.28%	64.38%
EPS (Basic)	2.53	1.97	1.53	1.99	1.92	1.56	1.29	1.82	2.40	1.71	2.01	1.69	1.68	2.07	1.77	2.69	2.72	0.33	1.52	2.51
Diluted Shares Outstanding	51.47M	52.27M	54.18M	55.34M	55.82M	56.9M	57.26M	57.44M	57.42M	58.15M	58.93M	58.91M	58.95M	59.18M	59.3M	59.35M	59.36M	59.02M	58.94M	59.25M
Basic Shares Outstanding	51.43M	52.27M	53.79M	54.94M	55.56M	56.55M	56.78M	56.82M	56.91M	57.59M	57.84M	57.77M	57.85M	57.99M	57.7M	57.58M	57.42M	57.24M	56.91M	56.75M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-