EPAM SYSTEMS, INC. (EPAM)

114.80 +1.80% (+2.03)

Over 1M: +8.8%

2026-08-28
Style
Area Line Line with markers Steps Candles Hollow candles Bars

Candles need the day’s open, high and low. Those are being collected now — a company shows them once its history has been refreshed.

100 110
31 Jul 5 Aug 10 Aug 13 Aug 18 Aug 21 Aug 26 Aug

Financials Quarterly

Figures
Revenue Gross Profit Operating Income Cost of Revenue Operating Cash Flow Free Cash Flow Net Income

A share count and earnings a share are not here: neither is money, so neither can share this axis. Both have their own panel on All charts.

All charts ›
Q3 '21 — Operating Cash Flow: 206.1M Q3 '21 — Free Cash Flow: 184.9M Q4 '21 — Operating Cash Flow: 284.6M Q4 '21 — Free Cash Flow: 228M Q1 '22 — Operating Cash Flow: -51.8M Q1 '22 — Free Cash Flow: -75.1M Q2 '22 — Operating Cash Flow: 77.5M Q2 '22 — Free Cash Flow: 59.4M Q3 '22 — Operating Cash Flow: 252.4M Q3 '22 — Free Cash Flow: 233.7M Q4 '22 — Operating Cash Flow: 186.1M Q4 '22 — Free Cash Flow: 164.6M Q1 '23 — Operating Cash Flow: 87.3M Q1 '23 — Free Cash Flow: 79.4M Q2 '23 — Operating Cash Flow: 89.1M Q2 '23 — Free Cash Flow: 82.2M Q3 '23 — Operating Cash Flow: 214.9M Q3 '23 — Free Cash Flow: 211.3M Q4 '23 — Operating Cash Flow: 171.4M Q4 '23 — Free Cash Flow: 161.4M Q1 '24 — Operating Cash Flow: 129.9M Q1 '24 — Free Cash Flow: 123.2M Q2 '24 — Operating Cash Flow: 57M Q2 '24 — Free Cash Flow: 52.3M Q3 '24 — Operating Cash Flow: 242M Q3 '24 — Free Cash Flow: 237M Q4 '24 — Operating Cash Flow: 130.3M Q4 '24 — Free Cash Flow: 114.5M Q1 '25 — Operating Cash Flow: 24.2M Q1 '25 — Free Cash Flow: 14.8M Q2 '25 — Operating Cash Flow: 53.2M Q2 '25 — Free Cash Flow: 43.4M Q3 '25 — Operating Cash Flow: 294.7M Q3 '25 — Free Cash Flow: 286.4M Q4 '25 — Operating Cash Flow: 282.9M Q4 '25 — Free Cash Flow: 268.1M Q1 '26 — Operating Cash Flow: -36.4M Q1 '26 — Free Cash Flow: -54.2M Q2 '26 — Operating Cash Flow: -2.4M Q2 '26 — Free Cash Flow: -17.6M 0 80M 160M 240M 320M
Q4 '21 Q3 '22 Q2 '23 Q1 '24 Q4 '24 Q3 '25 Q2 '26
Operating Cash Flow Free Cash Flow

Figures as at 2026-06-30, reported in USD. The newest fact in the filings is dated 2026-06-30, 61 days ago. Nothing on this page is advice.

How it scores

Five questions, each answered by the measures under it. Every figure is the company's own; the bar beside it is where that figure sits among the companies read here — the top fifth, the bottom fifth, or somewhere between. Not among all listed companies, and for a valuation multiple the low end is the good end.

Quality

How much of the revenue is really kept — and what did it take to earn it?

4.1
ROIC 16.2%
Oper. margin 10.0%
OE margin 5.3%
Accruals -3.0%
ROA 8.8%
ROCE 14.9%
FCF margin 8.6%
ROE 11.4%
Gross margin 29.4%
OCF / EBIT 0.96×
OCF margin 9.6%

5 of 17 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Valuation

What does the price ask for what the company earns, owns and pays out?

0.5
Div. yield —
EV/EBIT —
EV/GP —
EV/OE —
EV/Sales —
FCF yield —
Fwd P/E —
P/B —
P/C —
P/E —
PEG —

0 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Durability

How predictable is the revenue, and how much of it is already committed?

4.9
RPO / sales 0.019×
Segment HHI 0.85 HHI
RPO growth —

4 of 7 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Resilience

Can the balance sheet absorb a bad year?

9.7
Interest cover 403.1×
ND/EBITDA —
Cash / Debt 31.6×
Debt / Eq 0.0071×
Debt payback 0.0 yr
Payout 0.0%
Quick ratio 2.8×
F-score 6.0 pts
Cash runway —

3 of 12 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

Growth

Is the business getting bigger, and is it getting more profitable?

3.1
Sales/sh Y/Y +14.2%
EPS Y/Y +3.2%
EBIT CAGR -0.49%
EBIT Y/Y +4.4%
EPS CAGR 4Y -4.7%
Sales Q/Q +4.5%
Div. growth —
EPS next Y —

4 of 13 counted in the score. The rest are measures this model does not include here, or figures these filings do not carry — switch any of them on and the score changes.

A measure absent from a block could not be computed from this company's filings. It is left out rather than scored as though it were bad, and the dimension is averaged over what remains. A score is measured against a fixed scale this model states; the bar is measured against the other companies, so the two can disagree — and where they do, that disagreement is the more interesting figure.