EPAM Systems, Inc.EPAM

NYSE•Technology•Information Technology Services

EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; cloud services for creating a roadmap to set and refine IT and business goals while identifying new and emerging cloud opportunities; data, analytics and artificial intelligence; customer experience design; and cybersecurity. It also offers operation solutions comprising integrated engineering practices and smart automation services. In addition, the company offers software product and platform development services, which comprise product research, customer experience design and prototyping, program management, component design and integration, full lifecycle software testing, product deployment and end-user customization, performance tuning, product support and maintenance, managed services, as well as cross-platform migration and modernizing legacy platforms. The company serves the financial services; consumer goods, retail and travel; software and Hi-tech; business information and media, life sciences and healthcare; and emerging verticals industries EPAM Systems, Inc. was founded in 1993 and is headquartered in Newtown, Pennsylvania.

Price & Volume

Key Metrics at a Glance (as of December 2025)

Market Cap: $11.33B
TTM Revenue: $5.46B
TTM EBITDA: $644.81M
P/E Ratio: 30.0x
Operating Margin: 10.6%
Free Cash Flow: $344.98M

Financial Analysis

EPAM Systems, Inc. (EPAM) reported trailing twelve months (TTM) revenue of $5.46B as of December 2025, which represents a 15.4% increase year-over-year. The company's operating margin has contracted to 10.6% from 10.9% a year ago. In terms of profitability, EPAM generated $377.68M in net income. Valuation-wise, the stock trades at a P/E ratio of 30.0x and a Price-to-Sales (P/S) ratio of 2.1x. The company generated $344.98M in free cash flow over the last twelve months, indicating its ability to reinvest in growth or return capital to shareholders. Data based on the most recent quarterly reports.