EPAM Systems revenue and financials
$108.99Change from previous close: −0.29%Absolute change: −$0.32
In the fiscal year ended December 2025, EPAM Systems reported revenue of $5.46B (+15.42% year over year). Net income was $377.68M, a net margin of 6.9%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +15.42%
- 2025 vs 2024
- Net income growth
- −16.91%
- 2025 vs 2024
- Net margin
- 6.9%
- 2024: 9.6%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 655 | 559 | 563 | 464 | — |
| Depreciation and amortization | 166 | 127 | 133 | 140 | — |
| Capital expenditure | -42.2 | -32.1 | -28.4 | -81.6 | — |
| Investing cash flow | -49.0 | -885 | -66.8 | -183 | — |
| Financing cash flow | -651 | -390 | -166 | -2.0 | — |
| Share repurchases | -662 | -398 | -165 | 0.0 | — |
| Debt issued | 5.7 | 0.0 | 0.8 | 1.8 | — |
| Debt repaid | -8.3 | -1.9 | -3.0 | -15.5 | — |
| Effect of exchange rates | 56.3 | -36.5 | 29.4 | -44.9 | — |
| Net change in cash | -45.3 | -716 | 330 | 279 | — |
| Free cash flow | 613 | 527 | 534 | 382 | — |