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.

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Cost of revenue

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SG&A

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EBITDA

Net income

Earnings per share

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Current assets

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Net PPE

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Stockholders equity

Minority interest

Total liabilities & equity

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Book value per share

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Change in working capital

Cash from investing

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Purchase/sale of investments

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Change in stock

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Free cash flow

EPAM Systems, Inc. engages in the provision of digital engineering, cloud, and artificial intelligence-enabled transformation services. The firm combines software engineering with customer experience design, business consulting, strategy, and technology innovation services in areas such as cloud platforms, cybersecurity, and artificial intelligence. It operates through the North America and Europe geographical segments. The company was founded by Leonid Lozner and Arkadiy Dobkin in 1993 and is headquartered in Newtown, PA.

EPAM Systems Inc ( EPAM , Financial) displayed a notable gain of 7.36% recently, with an Earnings Per Share (EPS) (EPS) of 7.29. This article aims to answer a crucial question: is the stock significantly undervalued?

Is EPAM Systems (EPAM) Significantly Undervalued? A Comprehensive Analysis

EPAM Systems' (EPAM) second-quarter 2023 results reflect the negative impacts of a slowdown in IT spending amid the ongoing uncertain macroeconomic environment.

EPAM Systems (EPAM) Beats on Q2 Earnings and Revenue Estimates

Epam (EPAM) came out with quarterly earnings of $2.64 per share, beating the Zacks Consensus Estimate of $2.34 per share. This compares to earnings of $2.38 per share a year ago.

Epam (EPAM) Q2 Earnings and Revenues Beat Estimates

Second quarter revenues of $1.170 billion, down 2.1% year-over-year GAAP Income from Operations was 12.3% of revenues and Non-GAAP Income from Operations was 16.3% of revenues for the second quarter Second quarter GAAP Diluted EPS of $2.03, an increase of $1.71, and Non-GAAP Diluted EPS of $2.64, an increase of $0.26 on a year-over-year basis For the full year, EPAM narrows expected revenues to now be in the range of $4.650 billion to $4.700 billion, updates expected GAAP Diluted EPS to now be in the range of $7.00 to $7.20 and narrows expected Non-GAAP Diluted EPS to now be in the range of $9.90 to $10.10 For the third quarter, EPAM expects revenues to be in the range of $1.140 billion to $1.150 billion, GAAP Diluted EPS to be in the range of $1.62 to $1.70 and Non-GAAP Diluted EPS to be in the range of $2.52 to $2.60 NEWTOWN, Pa. , Aug. 3, 2023 /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, 2023.

EPAM Reports Results for Second Quarter 2023 and Updates Full Year Outlook

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DIAL Platform enables enterprises to accelerate experimentation and innovation across public and proprietary LLMs, AI-native Applications and Custom Add-ons NEWTOWN, Pa. , Aug. 1, 2023 /PRNewswire/ --   EPAM Systems, Inc.  (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced the launch of its AI-powered DIAL Orchestration Platform  (Deterministic Integrator of Applications and LLMs), which merges the power of Large Language Models (LLMs) with deterministic code — offering a secure, scalable and customizable AI workbench to streamline and enhance AI-driven business solutions.

EPAM Launches DIAL, A Unified Generative AI Orchestration Platform

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Microsoft recognizes EPAM for exceptional use of Azure to help customers seamlessly migrate to the cloud and develop transformational applications using data and AI NEWTOWN, Pa. , July 25, 2023 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced it has won the 2023 Microsoft U.S. Azure Migration Partner of the Year Award.

EPAM Takes Home U.S. Migrate Partner of the Year Award and Earns Two Finalist Honors at 2023 Microsoft Partner of the Year Awards

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J.P. Morgan's Tien-tsin Huang says Accenture, EPAM Systems, and Globant are the among the services companies best positioned to benefit from artificial intelligence.

3 Services Stocks Best-Positioned to Gain From AI, Says Analyst

EPAM is a Leader in AI-based analytics & automation, UX testing, application security testing and cloud migration testing, according to NelsonHall's 2023 NEAT Vendor Analysis. NEWTOWN, Pa.

EPAM Named a 'Leader' in Overall Quality Engineering Services by NelsonHall

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LOS ANGELES, CA / ACCESSWIRE / July 17, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of EPAM Systems, Inc. ("EPAM" or "the Company") (NYSE:EPAM) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION ALERT: The Schall Law Firm Announces it is Investigating Claims Against EPAM Systems, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 13, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of EPAM Systems, Inc. ("EPAM" or "the Company") (NYSE:EPAM) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTIGATION ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against EPAM Systems, Inc. and Encourages Investors with Losses to Contact the Firm

NEW YORK , July 12, 2023 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of EPAM Systems, Inc. ("EPAM" or the "Company") (NYSE: EPAM). Such investors are advised to contact Robert S.

SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of EPAM Systems, Inc. - EPAM

LOS ANGELES, CA / ACCESSWIRE / July 11, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of EPAM Systems, Inc. ("EPAM" or "the Company") (NYSE:EPAM) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against EPAM Systems, Inc. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / July 8, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of EPAM Systems, Inc. ("EPAM" or "the Company") (NYSE: EPAM) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTOR ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against EPAM Systems, Inc. and Encourages Investors with Losses In Excess of $100,000 to Contact the Firm

EPAM's stock price took a hit in June 2023 after management lowered its full-year and near-term guidance targets. The guidance revisions were the result of a cautious global IT services market and slowed digital transformation projects.

Why EPAM Stock Crashed in June

NEWTOWN, Pa. , July 6, 2023 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM) will host a conference call at 8:00 a.m.

EPAM Announces Date for Second Quarter 2023 Earnings Release and Conference Call

LOS ANGELES, CA / ACCESSWIRE / July 6, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of EPAM Systems, Inc. ("EPAM" or "the Company") (NYSE:EPAM) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

SHAREHOLDER ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against EPAM Systems, Inc. and Encourages Investors with Losses to Contact the Firm

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Bringing extensive cybersecurity expertise and a diverse background working in software development, IT solutions and enterprise resiliency NEWTOWN, Pa. , July 5, 2023 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced the selection of Chandra McMahon to its Board of Directors.

EPAM Welcomes Chandra McMahon to its Board of Directors

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LOS ANGELES, CA / ACCESSWIRE / July 3, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of EPAM Systems, Inc. ("EPAM" or "the Company") (NYSE:EPAM) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

SHAREHOLDER ACTION NOTICE: The Schall Law Firm Announces it is Investigating Claims Against EPAM Systems, Inc. and Encourages Investors with Losses to Contact the Firm

LOS ANGELES, CA / ACCESSWIRE / June 29, 2023 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of EPAM Systems, Inc. ("EPAM" or "the Company") (NYSE:EPAM) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.

INVESTOR ACTION ALERT: The Schall Law Firm Announces it is Investigating Claims Against EPAM Systems, Inc. and Encourages Investors with Losses to Contact the Firm

EPAM's stock has plunged to the same level as the lows of the Russian invasion of Ukraine and the COVID crash. We analyze the Q1 results in detail. They are not good, and improvement will probably not be for any time soon. Management identified three key headwinds: Ukraine and the perception with customers, the macroeconomic circumstances, and financial institutions after the bankruptcies in March.

News for EPAM Systems Stock (EPAM)