$97.28
-11%EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; infrastructure management services, such as software development, testing, and maintenance with private, public, and mobile infrastructures for application, database, network, server, storage, and systems operations management, as well as monitoring, incident notification, and resolution services; and maintenance and support services. It also provides operation solutions comprising integrated engineering practices and smart automation; and optimization solutions that include software application testing, test management, automation, and consulting services to enable customers enhance their existing software testing and quality assurance practices, as well as other testing services that identify threats and close loopholes to protect its customers' business systems from information loss. In addition, the company offers business, experience, technology, data, and technical advisory consulting services; and digital and service design solutions, which comprise strategy, design, creative, and program management services, as well as physical product development, such as artificial intelligence, robotics, and virtual reality. It serves the financial services, travel and consumer, software and hi-tech, business information and media, life sciences and healthcare, and other industries. The company was founded in 1993 and is headquartered in Newtown, Pennsylvania.
Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.
Exceptional cash generation: High-quality earnings converting to growing free cash flow. The company demonstrates strong pricing power, efficient operations, and disciplined capital allocation.
EPAM โข NYSE
| EPAM Systems, Inc. Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | |||||||||||||||||
377.7M | 454.5M | 417.1M | 419.4M | 481.7M | 327.2M | 261.1M | 240.3M | 72.8M | 99.3M | 84.5M | 69.6M | 62M | 54.5M | 44.4M | 28.3M | 13.5M | |
166.1M | 127.1M | 132.7M | 140M | 145.2M | 129.2M | 101.2M | 36.6M | 28.6M | 23.4M | 17.4M | 17.5M | 15.1M | 10.9M | 7.5M | 6.2M | 5.6M | |
-59.3M | -64.2M | -37.2M | -42.2M | -46.9M | -20M | -7.8M | -48M | 12.6M | -3.3M | -15.3M | -3.3M | 41K | -3.9M | 497K | -2.7M | -2.7M | |
176.8M | 167.3M | 147.7M | 99.9M | 111.7M | 75.2M | 72M | 59.2M | 52.4M | 49.2M | 45.8M | 24.6M | 13.2M | 6.8M | 2.9M | 2.9M | 2.4M | |
184.9M | 1.7M | 27.5M | 76.7M | 15.6M | 9M | 6.4M | -864K | -4M | 2.5M | -4.3M | 5.7M | -4.7M | -2.1M | 3.2M | 537K | 4M | |
(0.0) | (196.4M) | (177.4M) | (113.2M) | (87.3M) | (54.5M) | (65.3M) | (40.4M) | (26.7M) | (37.5M) | (25.1M) | (11.8M) | (10.2M) | (13.1M) | (7M) | (5.6M) | (1.2M) | |
-191.2M | -127.3M | -125.2M | -229.8M | -134.9M | 23.7M | -145.4M | 5M | 33M | -6.3M | -51.7M | -9.3M | -27.4M | -17.7M | -3.9M | -14.8M | 3.2M | |
654.9M | 559.2M | 562.6M | 464.1M | 572.3M | 544.4M | 287.5M | 292.2M | 195.4M | 164.8M | 76.4M | 104.9M | 58.2M | 48.5M | 54.5M | 20.5M | 26.1M | |
INVESTING ACTIVITIES | |||||||||||||||||
-42.2M | -32.1M | -28.4M | -81.6M | -111.5M | -68.8M | -99.3M | -37.6M | -29.8M | -29.3M | -18M | -15.8M | -15.9M | -27.1M | -17.1M | -8.4M | -1M | |
-3.4M | -912.2M | -24.8M | -10.6M | -315M | -18.9M | -39.3M | -74.3M | -6.8M | -5.5M | -76.9M | -37.1M | -20K | -33M | (0.0) | -412K | (0.0) | |
-3.1M | -8.8M | -14.5M | -61.6M | -2.5M | -140.5M | (0.0) | (0.0) | (0.0) | (0.0) | -165K | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
3.1M | 65.9M | 10.9M | 0.0 | 60M | 60M | 0.0 | 418K | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
-3.3M | 2.3M | -9.9M | -29M | 79K | 1M | -6.7M | -699K | 473K | 25.5M | -30.5M | 4K | -5.9M | 401K | -315K | -2M | -8M | |
-49M | -885M | -66.8M | -182.9M | -368.9M | -167.2M | -145.4M | -112.1M | -36.2M | -9.3M | -125.5M | -52.9M | -21.8M | -59.6M | -17.4M | -10.8M | -9M | |
FINANCING ACTIVITIES | |||||||||||||||||
0.0 | -398M | -164.9M | 50.7M | 26.3M | 26.4M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 32.4M | 0.0 | -990K | -540K | |
0.0 | -1.9M | -2.1M | -13.8M | 55K | -18K | -9K | -3.5M | -103K | -10.1M | 35M | 0.0 | 0.0 | 0.0 | 0.0 | -7.1M | 7M | |
(0.0) | -398M | -164.9M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -7.3M | -540K | |
-651.2M | 9.5M | 1.3M | -38.9M | -85.9M | -27.2M | 20.4M | 26.5M | 49.8M | 20.6M | -1.2M | 10.3M | 15.5M | 6.5M | -1.6M | 105K | 0.0 | |
-651.2M | -390.4M | -165.8M | -2M | -59.6M | -765K | 20.4M | 23M | 49.7M | 10.5M | 33.8M | 10.3M | 15.5M | 38.8M | -1.6M | -8M | 6.5M | |
CASH FLOW SUMMARY | |||||||||||||||||
56.3M | -36.5M | 29.4M | -44.9M | -18M | 9.4M | 3.5M | -14.2M | 11.6M | -3.4M | -5.7M | -11M | -811K | 1.6M | -762K | -527K | -1.3M | |
11M | -752.7M | 359.5M | 234.3M | 125.8M | 385.8M | 166M | 188.9M | 220.6M | 162.6M | -21.1M | 51.3M | 51.1M | 29.3M | 34.8M | 1.1M | 22.3M | |
1.3B | 2B | 1.7B | 1.4B | 1.3B | 937.7M | 771.7M | 582.9M | 362M | 199.4M | 220.5M | 169.2M | 118.1M | 88.8M | 54M | 52.9M | 30.7M | |
1.3B | 1.3B | 2B | 1.7B | 1.4B | 1.3B | 937.7M | 771.7M | 582.6M | 362M | 199.4M | 220.5M | 169.2M | 118.1M | 88.8M | 54M | 52.9M | |
612.7M | 527M | 534.2M | 382.5M | 460.8M | 475.6M | 188.1M | 254.6M | 165.6M | 135.5M | 58.4M | 89M | 42.3M | 21.4M | 37.4M | 12.1M | 25.1M |
EPAM - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 26, 2026 | May 21, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 07, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 07, 2026 | May 07, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 06, 2026 | May 21, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 01, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 12, 2026 | March 12, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 05, 2026 | March 04, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 26, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 19, 2026 | February 19, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 13, 2026 | January 13, 2026 | 2026 |
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