EPAM Systems, Inc.

EPAM Systems, Inc.

EPAMยทNYSE

$97.28

-11%
TechnologyInformation Technology Services

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.

At a Glance

Live Snapshot
Market Cap$5.08B
EPS6.7600
P/E Ratio14.39
Earnings Date08/06/2026
3Y+41.0%
5Y+20.0%
10Y+297.0%
3Y-73.0%
5Y-71.0%
10Y+426.0%
3Y+32122.0%
5Y+85024.0%
10Y-6321.0%
EPAM

EPAM Systems, Inc. Cash Conversion Engine

EPAM ยท NYSE
Net Income377.68M
Depreciation & Amortization166.08M
Stock-Based Compensation176.76M
Change in Working Capital-191.19M
Others184.90M
Capital Expenditures-42.24M
Free Cash Flow612.69M

Cash Flow Quality Analysis

FCF Conversion Rate

162.2%

Excellent cash generation. The company converts earnings to cash at or above 100%, indicating high-quality earnings.

CapEx Intensity

6.4%

Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.

FCF Growth Trend

+16.3%

Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.

Working Capital Impact

-$191.19M

Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.

Cash Flow Quality Insight

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 Systems, Inc. Cash Flow Statement

EPAM โ€ข NYSE

EPAM Systems, Inc. Cash Flow StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019Dec 2018Dec 2017Dec 2016Dec 2015Dec 2014Dec 2013Dec 2012Dec 2011Dec 2010Dec 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

SEC Filings

EPAM - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
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
Showing 1 to 10 of 201 filings