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.

Darden Restaurants

Lowe's

Motorola Solutions

Norwegian Cruise Line

Insulet

Sysco

Walmart

August isn't a great month for the S&P 500 — it's actually the third-worst month of the year. But savvy investors can still pick up big gains.

8 Stocks Thrive In August — As The Rest Of The S&P 500 Withers

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

Alteryx

Gen Digital Inc

The Nasdaq 100 surprised many investors in 2023 with a strong rally. The index is up by roughly 45% year-to-date as the Magnificent Seven continue to surge higher.

Looking for a Bargain? 3 Tech Stocks to Buy That Are Down 10% in 2023

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

Accenture Plc

Globant

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

Docebo

Turtle Beach

Technology stocks have staged a comeback for the ages. After being the worst performing asset class in 2022 during what became known as the “tech wreck,” shares of technology stocks have rallied big time this year, fueled in large part by the hype surrounding artificial intelligence (AI).

3 Under-the-Radar Tech Stocks Ready to Break Out

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

Dollar General

Humana

Some of the discount retailer Dollar General's operational flaws were exposed coming out of the pandemic. Health insurer Humana says its costs came in higher than expected, but it's been in this situation before and can resolve it.

Is It Time to Buy the S&P 500's 3 Worst-Performing Stocks in June?

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

Agilysys

Lumen Technologies

U.S. equities markets are delivering outstanding returns for investors this year. While the first quarter of 2023 was characterized by macroeconomic volatility, the second quarter ended in more resilient markets.

3 Tech Stocks to Sell Before They Do Your Portfolio In

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.

EPAM Stock: Does The Price Make It Interesting?

LOS ANGELES, CA / ACCESSWIRE / June 26, 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 to Contact the Firm

EPAM Systems (EPAM) enters into a global strategic alliance with Google Cloud for the development of artificial intelligence/ machine learning and data solutions.

EPAM Systems (EPAM) & Google Cloud Team Up on Enterprise AI

NEW YORK--(BUSINESS WIRE)-- #A--Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against EPAM Systems, Inc. (“EPAM” or the “Company”) (NYSE: EPAM) on behalf of EPAM stockholders. Our investigation concerns whether EPAM has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On June 5, 2023, just one month after issuing guidance during its first quarter.

EPAM ALERT: Bragar Eagel & Squire, P.C. is Investigating EPAM Systems, Inc. on Behalf of EPAM Stockholders and Encourages Investors to Contact the Firm

Pinterest

RADNOR, Pa.--(BUSINESS WIRE)---- $PINS #classaction--The law firm of Kessler Topaz Meltzer & Check, LLP (www.ktmc.com) is currently investigating potential violations of the federal securities laws on behalf of investors of EPAM Systems, Inc. (NYSE: EPAM) (“EPAM”). On June 5, 2023, EPAM lowered its expectations for the second quarter and the full year, claiming that the demand for IT consulting appears to have dried up. This shocked the market as the company just made its prior guidance on its first quarter earni.

EPAM Investigation Announcement: Kessler Topaz Meltzer & Check, LLP is Investigating Securities Fraud Claims on Behalf of EPAM Systems, Inc. (NYSE: EPAM) Investors

News for EPAM Systems Stock (EPAM)