EPAM Systems, Inc. (EPAM) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	5.6B	5.5B	4.7B	4.7B	4.8B
Cost of Revenue	4.0B	4.0B	3.3B	3.3B	3.3B
Gross Profit	1.6B	1.4B	1.5B	1.4B	1.5B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	952.0M	928.7M	816.3M	815.1M	872.8M
General & Admin Expense	488.4M	—	—	—	—
Selling & Marketing Expense	—	—	—	—	—
Other Expenses	62.9M	—	89.6M	117.7M	92.3M
Total Operating Expenses	1.0B	927.5M	905.9M	932.8M	965.0M
Cost and Expenses	5.0B	4.9B	4.2B	4.2B	4.3B
Operating Income (EBIT)	576.1M	521.2M	544.6M	501.2M	573.0M
Non-Operating
Interest Income	4.5M	15.0M	46.9M	51.1M	10.0M
Interest Expense	—	—	—	—	—
Net Interest Income	4.5M	15.0M	46.9M	51.1M	10.0M
Other Non-Op Income/Expense	(27.5M)	(15.5M)	39.8M	35.3M	(65.7M)
Non-Operating Income (excl Interest)	27.5M	15.5M	(39.8M)	(25.9M)	65.7M
EBT (Pre-Tax Income)	548.6M	505.6M	584.4M	536.6M	507.3M
Income Tax Expense	147.0M	127.9M	129.9M	119.5M	87.8M
Bottom Line
Net Income	401.7M	377.7M	454.5M	417.1M	419.4M
Earnings from Cont. Ops	401.7M	377.7M	454.5M	417.1M	419.4M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	401.7M	377.7M	454.5M	417.1M	419.4M
Per Share
Basic EPS	$7.41	$6.76	$7.93	$7.21	$7.32
Diluted EPS	$7.38	$6.72	$7.84	$7.06	$7.09
Revenue Per Share	$107.45	$97.63	$82.53	$81.11	$84.21
Shares
Basic Shares Outstanding	52.3M	55.9M	57.3M	57.8M	57.3M
Diluted Shares Outstanding	52.3M	56.2M	58.0M	59.1M	59.2M
Profitability Metrics
EBITDA	684.8M	630.4M	711.5M	659.9M	647.3M
D&A	136.2M	124.8M	127.1M	132.7M	140.0M
EBIT	548.6M	505.6M	584.4M	527.2M	507.3M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026