About EPAM Systems, Inc.
https://www.epam.comEPAM Systems, Inc. provides digital platform engineering and software development services worldwide.

CEO
Balazs Fejes
Compensation Summary
(Year 2024)
Salary $850,000
Stock Awards $5,866,069
Option Awards $1,550,095
Incentive Plan Pay $765,000
All Other Compensation $15,478
Total Compensation $9,046,642
Industry Information Technology Services
Sector Technology
Went public February 8, 2012
Method of going public IPO
Full time employees 61,200
ETFs Holding This Stock
Summary
Total 384
Showing Top 3 of 384
Ratings Snapshot
Rating : A-
Discounted Cash Flow 4
Return On Equity 3
Return On Assets 4
Debt To Equity 4
Price To Earnings 2
Price To Book 3
Overall Score 4
Most Recent Analyst Grades
Grade Summary
Buy 4
Outperform 1
Sector Outperform 1
Positive 1
Overweight 2
Equal Weight 1
Neutral 1
Showing Top 6 of 11
Price Target
Target High $220
Target Low $175
Target Median $185
Target Consensus $193.33
Institutional Ownership

VANGUARD GROUP INC
Shares:7.01M
Value:$1.55B

BLACKROCK, INC.
Shares:4.67M
Value:$1.03B

BLACKROCK INC.
Shares:4.6M
Value:$1.02B
Summary
% Of Shares Owned 76.01%
Total Number Of Holders 729
Showing Top 3 of 729
Market Cap $12.14 B
52w High $269.00
52w Low $138.15
P/E 33.8
Volume 575.93K
Outstanding Shares 55.24M
About EPAM Systems, Inc.
https://www.epam.comEPAM Systems, Inc. provides digital platform engineering and software development services worldwide.
Income Statement
| Period | Revenue | Operating Expense | Net Income | Net Profit Margin | Earnings Per Share | EBITDA |
|---|---|---|---|---|---|---|
| Q3-2025 | $1.39B ▲ | $223.86M ▼ | $106.82M ▲ | 7.66% ▲ | $1.92 ▲ | $174.93M ▲ |
| Q2-2025 | $1.35B ▲ | $262.95M ▲ | $88.03M ▲ | 6.5% ▲ | $1.56 ▲ | $168.4M ▲ |
| Q1-2025 | $1.3B ▲ | $250.35M ▲ | $73.48M ▼ | 5.65% ▼ | $1.29 ▼ | $140.7M ▼ |
| Q4-2024 | $1.25B ▲ | $243.53M ▲ | $103.3M ▼ | 8.27% ▼ | $1.82 ▼ | $172.56M ▼ |
| Q3-2024 | $1.17B | $226.56M | $136.35M | 11.68% | $2.4 | $205.99M |
Balance Statement
| Period | Cash & Short-term | Total Assets | Total Liabilities | Total Equity |
|---|---|---|---|---|
| Q3-2025 | $1.24B ▲ | $4.84B ▲ | $1.12B ▲ | $3.73B ▲ |
| Q2-2025 | $1.04B ▼ | $4.71B ▼ | $1.04B ▼ | $3.67B ▲ |
| Q1-2025 | $1.17B ▼ | $4.72B ▼ | $1.08B ▼ | $3.64B ▲ |
| Q4-2024 | $1.29B ▼ | $4.75B ▲ | $1.12B ▲ | $3.63B ▲ |
| Q3-2024 | $2.06B | $4.46B | $902.57M | $3.55B |
Cash Flow Statement
| Period | Net Income | Cash From Operations | Cash From Investing | Cash From Financing | Net Change | Free Cash Flow |
|---|---|---|---|---|---|---|
| Q3-2025 | $106.82M ▲ | $294.68M ▲ | $-9.28M ▲ | $-85.65M ▲ | $197.03M ▲ | $286.38M ▲ |
| Q2-2025 | $88.03M ▲ | $53.2M ▲ | $-18.21M ▼ | $-204.06M ▼ | $-132.02M ▼ | $43.37M ▲ |
| Q1-2025 | $73.48M ▼ | $24.16M ▼ | $-5.31M ▲ | $-149.51M ▼ | $-111.89M ▲ | $14.83M ▼ |
| Q4-2024 | $103.3M ▼ | $130.26M ▼ | $-845.88M ▼ | $1.26M ▲ | $-750.32M ▼ | $114.53M ▼ |
| Q3-2024 | $136.35M | $241.96M | $34.74M | $-53.51M | $249.1M | $237M |
Revenue by Products
| Product | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
Business Information and Media Sectors | $170.00M ▲ | $170.00M ▲ | $170.00M ▲ | $170.00M ▲ |
Consumer Goods Retail Travel | $250.00M ▲ | $260.00M ▲ | $270.00M ▲ | $280.00M ▲ |
Emerging Vertical Sector | $210.00M ▲ | $220.00M ▲ | $230.00M ▲ | $240.00M ▲ |
Financial Services Sector | $280.00M ▲ | $310.00M ▲ | $330.00M ▲ | $340.00M ▲ |
Healthcare Sector | $150.00M ▲ | $150.00M ▲ | $160.00M ▲ | $160.00M ▲ |
Software And HiTech Sector | $180.00M ▲ | $190.00M ▲ | $200.00M ▲ | $210.00M ▲ |
Revenue by Geography
| Region | Q4-2024 | Q1-2025 | Q2-2025 | Q3-2025 |
|---|---|---|---|---|
GERMANY | $50.00M ▲ | $50.00M ▲ | $60.00M ▲ | $60.00M ▲ |
NETHERLANDS | $50.00M ▲ | $50.00M ▲ | $60.00M ▲ | $60.00M ▲ |
Other Countries | $180.00M ▲ | $270.00M ▲ | $270.00M ▲ | $290.00M ▲ |
SWITZERLAND | $100.00M ▲ | $100.00M ▲ | $110.00M ▲ | $110.00M ▲ |
UNITED KINGDOM | $120.00M ▲ | $140.00M ▲ | $150.00M ▲ | $150.00M ▲ |
UNITED STATES | $680.00M ▲ | $690.00M ▲ | $710.00M ▲ | $720.00M ▲ |
CANADA | $20.00M ▲ | $0 ▼ | $0 ▲ | $0 ▲ |

CEO
Balazs Fejes
Compensation Summary
(Year 2024)
Salary $850,000
Stock Awards $5,866,069
Option Awards $1,550,095
Incentive Plan Pay $765,000
All Other Compensation $15,478
Total Compensation $9,046,642
Industry Information Technology Services
Sector Technology
Went public February 8, 2012
Method of going public IPO
Full time employees 61,200
ETFs Holding This Stock
Summary
Total 384
Showing Top 3 of 384
Ratings Snapshot
Rating : A-
Discounted Cash Flow 4
Return On Equity 3
Return On Assets 4
Debt To Equity 4
Price To Earnings 2
Price To Book 3
Overall Score 4
Most Recent Analyst Grades
Grade Summary
Buy 4
Outperform 1
Sector Outperform 1
Positive 1
Overweight 2
Equal Weight 1
Neutral 1
Showing Top 6 of 11
Price Target
Target High $220
Target Low $175
Target Median $185
Target Consensus $193.33
Institutional Ownership

VANGUARD GROUP INC
Shares:7.01M
Value:$1.55B

BLACKROCK, INC.
Shares:4.67M
Value:$1.03B

BLACKROCK INC.
Shares:4.6M
Value:$1.02B
Summary
% Of Shares Owned 76.01%
Total Number Of Holders 729
Showing Top 3 of 729










