Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Selling, general and administrative

Depreciation and amortization

Loss on sale of business

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

EPAM Systems

EPAM Systems, Inc. engages in the provision of software product development and digital platform engineering services. It operates through the following geographical segments: North America, Europe, and Russia. The company was founded by Leonid Lozner and Arkadiy Dobkin in 1993 and is headquartered in Newtown, PA.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

EPAM Systems reports strong 2022 performance amidst challenges and outlook

EPAM Systems navigated challenges in 2022, with disruptions from exiting Russia and war in Ukraine impacting revenue growth. The company anticipates lower revenue growth in Q1 2023 but expects improvement in the second half. EPAM is focused on cost management, rebuilding client relationships, and pursuing acquisitions to drive growth.

EPAM Systems reports Q1 revenue growth amidst macroeconomic challenges

EPAM Systems navigated challenges in Q1 with revenue growth and margin performance
Management cautious about macroeconomic uncertainties but optimistic about technology-driven future
Focus on new client additions, strategic M&A, and profitability to drive long-term growth
Adapting outlook based on economic environment and client behavior for sustained performance

EPAM Systems adapts to challenges, focuses on digital growth

EPAM Systems is proactively addressing challenges through strategic adjustments in go-to-market strategies, customer engagement, and talent platform. Despite revenue decline and pricing pressures, the company is focused on digital innovation, global diversification, and strategic partnerships for long-term growth. EPAM's financial performance in Q2 2023 reflects resilience and adaptability in a changing market landscape.

EPAM Systems reports Q3 revenue decline, focuses on cost optimization

EPAM Systems navigated a challenging Q3 with revenue decline and regional variations. Despite facing pricing challenges and potential profitability declines, the company demonstrated strong cash flow and initiated cost optimization efforts. EPAM is focusing on demand stabilization, global partnerships, and strategic acquisitions for future growth.

EPAM Systems reports 6% revenue decline in Q4 2023

EPAM Systems reported mixed performance in 2023, with revenue decline but industry recognition, focusing on cost management and margin protection for stabilized demand.
The company's strengths lie in AI investments, global footprint optimization, and client retention, with opportunities in Gen AI capabilities and revenue growth potential.
Challenges include revenue decline, margin pressures, and market uncertainties, with opportunities for margin improvement, demand realization, and sustained growth.
EPAM's 2024 outlook includes revenue growth expectations, incremental costs, and market uncertainties, emphasizing adaptability and growth strategies for the year.

EPAM Systems adjusts guidance amid revenue challenges and growth opportunities

EPAM Systems adjusted guidance for Q2 and full-year 2024 due to global demand volatility, with revenue impacted by exiting the Russian market.
The company is navigating challenges in revenue growth, margin pressures, and client payment delays, while focusing on cost-saving measures.
EPAM's strategic strengths lie in stable client relationships, growth in key verticals, and investments in lower-cost locations for future expansion.
Opportunities for EPAM include driving profitability, expanding in India and Latin America, and pursuing strategic acquisitions for growth.

EPAM Systems surpasses Q3 expectations, eyes growth in key markets

EPAM Systems delivered better-than-expected Q3 results, with revenue growth and improved profitability. The company's focus on key verticals, strategic acquisitions, and operational efficiencies drove performance. Despite regional revenue variations, EPAM remains optimistic about future growth and plans for further expansion in 2025.
Strong financial health, record cash flows, and a focus on global talent diversification are key strengths for EPAM. Challenges include navigating regional revenue variations and sustaining growth momentum. Opportunities lie in market expansion, innovation through acquisitions, and leveraging diverse talent for future growth.
EPAM's performance in Q3 reflects resilience, adaptability, and a strategic approach to driving growth. With a solid financial foundation and a focus on key verticals, the company is well-positioned for sustained success. Continued investments in capabilities and acquisitions signal a commitment to long-term growth and market leadership.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

EPAM Systems, Inc. engages in the provision of digital engineering, cloud, and artificial intelligence-enabled transformation services. It operates through the following geographical segments: North America, Europe, and Russia. The company was founded by Leonid Lozner and Arkadiy Dobkin in 1993 and is headquartered in Newtown, PA.

Arista Networks

STMicroelectronics NV ADR RegS

Can 4 monster U.S. tech groups keep the S&P500 afloat?

4 Giant Converging U.S. Tech Groups

1H22 proved EPAM Systems' management's ability to mitigate Ukraine invasion impact. Cost pressure is temporary.

EPAM Systems: Resilient In The Face Of Invasion

EPAM Systems, Inc. (NYSE:EPAM ) Q2 2022 Earnings Conference Call August 4, 2022 8:00 AM ET Company Participants David Straube - Head of Investor Relations Arkadiy Dobkin - Chief Executive Officer and President Jason Peterson - Chief Financial Officer Conference Call Participants Bryan Bergin - Cowen and Company Darrin Peller - Wolfe Research Margaret Nolan - William Blair Tyler DuPont - Bank of America James Faucette - Morgan Stanley Surinder Thind - Jefferies Ramsey El-Assal - Barclays Puneet Jain - JPMorgan Arvind Ramnani - Piper Sandler David Grossman - Stifel David Straube Thank you, operator, and good morning, everyone. By now, you should have received a copy of the earnings release for the company's second quarter 2022 results.

EPAM Systems, Inc. (EPAM) CEO Arkadiy Dobkin on Q2 2022 Results - Earnings Call Transcript

EPAM's Q2 results reflect the benefits of the ongoing digital transformation and a continued focus on customer engagement and product development.

EPAM Soars 12% as Q2 Earnings and Revenues Beat Estimates

Epam (EPAM) delivered earnings and revenue surprises of 39.18% and 4.39%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Epam (EPAM) Surpasses Q2 Earnings and Revenue Estimates

Second quarter revenues of $1.195 billion, up 35.6% year-over-year GAAP Income from Operations was 7.8% of revenues and Non-GAAP Income from Operations was 14.9% of revenues for the second quarter Second quarter GAAP Diluted EPS of $0.32, a decrease of 83.5%, and Non-GAAP Diluted EPS of $2.38, an increase of 16.1% on a year-over-year basis For the third quarter, EPAM expects revenue to be at least $1.210 billion, GAAP Diluted EPS to be at least $1.65 and Non-GAAP Diluted EPS to be at least $2.48 NEWTOWN, Pa. , Aug. 4, 2022 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today reported results for the second quarter ended June 30, 2022.

EPAM Reports Results for Second Quarter 2022

Achievement further propels EPAM in the Snowflake Partner Network, bringing additional technology, industry and business experience for joint customers. NEWTOWN, Pa.

EPAM Achieves Elite Tier Partner Status with Snowflake

ASGN

ASGN vs. EPAM: Which Stock Is the Better Value Option?

ASGN or EPAM: Which Is the Better Value Stock Right Now?

Amdocs

DOX vs. EPAM: Which Stock Is the Better Value Option?

DOX vs. EPAM: Which Stock Should Value Investors Buy Now?

Amphenol

Costco

Dover

Alphabet

Intuitive Surgical

NextEra Energy

Paycom Software

QUALCOMM

Sherwin-Williams

The first half of 2022 was not the worst ever for equities, but it was bad enough.

10 Best Stocks to Boost Your Portfolio in the Second Half

NEWTOWN, Pa. , July 8, 2022 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM) will host a conference call at 8:00 a.m.

EPAM Announces Date for Second Quarter 2022 Earnings Release and Conference Call

AutoZone

Exelon

Kroger

Pfizer

Progressive

Charles Schwab

Thermo Fisher Scientific

T-Mobile US

After what can only be called a dismal first half, most investors are looking for some relief in the form of returns for the remainder of 2022.

Top 10 Q3 Ideas From Bank of America

Align Technology

Bath and Body Works

Carnival

Ceridian HCM Holding Inc.

Caesars Entertainment

Etsy

Netflix

PayPal

Royal Caribbean Cruises

Concerns about high inflation, aggressive rate hikes by the Federal Reserve, and the potential for an economic recession jolted investor sentiment.

These were the 10 worst performing stocks in the S&P 500 in its worst half since 1970

The recognition honors EPAM's commitment to fostering a workplace where employees are valued and provided the resources needed to grow and succeed NEWTOWN, Pa. , June 23, 2022 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced it has become certified as a Most Loved Workplace® for the second consecutive year.

EPAM Certified as a Most Loved Workplace for the Second Year in a Row

Achieving the highest level of Adobe partnership, EPAM helps customers get the most out of their Adobe investment to extract maximum business value NEWTOWN, Pa. , June 7, 2022 /PRNewswire/ -- With customers demanding personalized experiences across all digital channels, a solid user experience strategy is the key to success.

EPAM Named an Adobe Platinum Level Solution Partner

EPAM Systems ( EPAM , Financial) is one of the world's largest custom software and consulting providers. The company was founded in 1993 and had their IPO in 2012.

EPAM: A Consulting Powerhouse Attacking a $1 Trillion Market

EPAM recently reported a very strong start to the year, with revenue growing 50% and beating expectations by nearly 10%. Q2 guidance was also above expectations, with management continuing to work around their high exposure to Ukraine, Belarus, and Russia.

EPAM: Great Recovery Stock Despite Russia-Ukraine Headwinds

NEWTOWN, Pa. , May 16, 2022 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, will host an Investor Day with financial analysts and institutional investors on May 19, 2022, in Boston, Massachusetts.

EPAM to Host Investor Day May 19 in Boston

"What's Working" is again dominated by energy and "What's Not Working" is mostly the "risk on" sectors, yet again. Earnings Implosions were many this week, led by companies in e-commerce.

No Place To Hide? The Fed And Earnings; EPAM Systems

EPAM Systems' (EPAM) Q1 performance reflects its resiliency amid massive business disruptions caused by the Ukraine crisis, including the discontinuation of operations in Russia.

EPAM Jumps 11% as Q1 Earnings and Revenues Beat Estimates

EPAM Systems, Inc. (NYSE:EPAM ) Q1 2022 Earnings Conference Call May 5, 2022 8:00 AM ET Company Participants David Straube – Head of Investor Relations Arkadiy Dobkin – Chief Executive Officer and President Jason Peterson – Chief Financial Officer Conference Call Participants Bryan Bergin – Cowen Darrin Peller – Wolfe Research Arvind Ramnani – Piper Sandler Ashwin Shirvaikar – Citi Ramsey El-Assal – Barclays David Grossman – Stifel Operator Good morning, ladies and gentlemen. Thank you for standing by, and welcome to the EPAM Systems First Quarter 2022 Earnings Conference Call.

EPAM Systems' (EPAM) CEO Arkadiy Dobkin on Q1 2022 Results - Earnings Call Transcript

First quarter revenues of $1.172 billion, up 50.1% year-over-year GAAP Income from Operations was 11.0% of revenues and Non-GAAP Income from Operations was 16.1% of revenues for the first quarter First quarter GAAP Diluted EPS of $1.52, a decrease of 18.3%, and Non-GAAP Diluted EPS of $2.49, an increase of 37.6% on a year-over-year basis  For the second quarter, EPAM expects revenue to be at least $1.140 billion, GAAP Diluted EPS to be at least $0.73 and Non-GAAP Diluted EPS to be at least $1.70 NEWTOWN, Pa. , May 5, 2022 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today reported results for the first quarter ended March 31, 2022.

EPAM Reports Results for First Quarter 2022

Though the accelerated digital modernization across industries is likely to aid EPAM Systems' (EPAM) Q1 results, the discontinuation of Russian operations is likely to have hurt the top and bottom lines.

EPAM Systems (EPAM) to Report Q1 Earnings: What's in Store?

NEWTOWN, Pa. , May 2, 2022 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, will host an Investor & Analyst Day for financial analysts and institutional investors on May 19, 2022, in Boston, Massachusetts.

News for EPAM Systems Stock (EPAM)