EPAM SYSTEMS, INC. (EPAM) Financials
Key financial figures for EPAM SYSTEMS, INC. (Q3 2026).
EPAM Q3 2026 revenue of $1.426 billion rose 2.3% year over year, above the top of its own $1.410-$1.425 billion guided range, and full-year non-GAAP diluted EPS guidance was raised to $13.23-$13.31 from $13.08-$13.24. Revenue was $1.426 billion, up 2.3% year over year and 2.5% on an organic constant currency basis. The Q2 release had guided Q3 revenue to $1.410-$1.425 billion, so the print landed above the top of that range. GAAP income from operations was $175.9 million, or 12.3% of revenue versus 10.4% a year ago; non-GAAP income from operations was $238.4 million, or 16.7% of revenue versus 16.0%. GAAP diluted EPS was $2.53 (up 32.5%) and non-GAAP diluted EPS was $3.51 (up 14.0%), above the $2.33-$2.41 and $3.38-$3.46 ranges guided in the Q2 release. On the outlook: Full year 2026: revenue growth of 3.5% to 3.7% (previously 3.2% to 4.2%), organic constant currency revenue growth of 2.5% to 2.7% (previously 2.0% to 3.0%), GAAP income from operations of 10.7% to 10.9% of revenue (previously 10.5% to 11.0%), non-GAAP income from operations of 15.9% to 16.1% of revenue (previously 15.5% to 16.0%), GAAP diluted EPS of $8.41 to $8.49 (previously $8.22 to $8.38) and non-GAAP diluted EPS of $13.23 to $13.31 (previously $13.08 to $13.24). Fourth quarter 2026: revenue of $1.405 billion to $1.420 billion, GAAP diluted EPS of $2.43 to $2.51 and non-GAAP diluted EPS of $3.50 to $3.58. Figures are for Q3 2026, as EPAM Systems reported them.
- Revenue
- $1.4B
- Net Income
- $130M
- EPS
- $2.53
- Total Assets
- $4.7B
- Operating Cash Flow
- $289M
Recent quarters
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| Q3 FY2026 | $1.4B | $130M | $2.53 | 12.33% | $274M |
| Q2 FY2026 | $1.4B | $103M | $1.97 | 10.76% | -$18M |
| Q1 FY2026 | $1.4B | $83M | $1.52 | 8.47% | -$54M |
| Q4 FY2025 | $1.4B | $109M | $1.98 | 10.6% | $268M |
| Q3 FY2025 | $1.4B | $107M | $1.91 | 11.19% | $286M |
Recent fiscal years
| Period | Revenue | Net Income | EPS | Operating Margin | Free Cash Flow |
|---|---|---|---|---|---|
| FY2025 | $5.5B | $378M | $6.72 | 9.55% | $613M |
| FY2024 | $4.7B | $455M | $7.84 | 11.52% | $527M |
| FY2023 | $4.7B | $417M | $7.06 | 10.69% | $534M |
Frequently asked questions
What was EPAM Systems's revenue last quarter?
EPAM Systems reported revenue of $1.43 billion for Q3 FY2026, up 2.3% from the same period a year earlier.
Is EPAM Systems profitable?
Yes. EPAM Systems reported net income of $130.3 million for Q3 FY2026, a net margin of 9.14% on revenue.
How has EPAM Systems's margin trended?
Operating margin was 12.33% in Q3 FY2026, compared with 11.19% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.
How much free cash flow did EPAM Systems generate?
EPAM Systems generated free cash flow of $274.2 million in Q3 FY2026, after capital expenditure.
Full income statement, balance sheet and cash flow for EPAM SYSTEMS, INC. on SentiSense, with up to forty quarters and twenty fiscal years of history.