EPAM Systems, Inc.

EPAM 10-Q · Q2 2025

EPAM Q2 2025 request

Playground key active
Request URL /api/financials?ticker=EPAM&year=2025&quarter=2
waiting 0 ms
Pick an endpoint and run the request.
curl

Income Statement

Income Statement
Metric Q2 2025 Q2 2024 YoY
Revenue 1,353,443 1,146,597 +18.0%
Show Business Segments breakouts
Americas 787,400 698,629 +12.7%
Americas · Americas 751,194 665,178 +12.9%
Americas · Asia Pacific 300 734 -59.1%
Americas · Business Information & Media 118,844 110,789 +7.3%
Americas · Consumer Goods, Retail & Travel 118,742 113,999 +4.2%
Americas · EMEA 35,906 32,717 +9.7%
Americas · Emerging Verticals 132,015 101,604 +29.9%
Americas · Financial Services Sector 148,552 123,369 +20.4%
Americas · Fixed Price Contract 126,928 102,328 +24.0%
Americas · Healthcare Sector 124,937 120,607 +3.6%
Americas · Licensing and other revenues 6,443 4,256 +51.4%
Americas · Software & Hi-Tech 144,310 128,261 +12.5%
Americas · Time And Materials Contract 654,029 592,045 +10.5%
Americas · Transferred At Point In Time 4,733 2,776 +70.5%
Americas · Transferred Over Time 782,667 695,853 +12.5%
Europe 566,043 447,968 +26.4%
Europe · Americas 50,239 26,021 +93.1%
Europe · Asia Pacific 26,901 23,343 +15.2%
Europe · Business Information & Media 51,549 54,973 -6.2%
Europe · Consumer Goods, Retail & Travel 149,308 138,328 +7.9%
Europe · EMEA 488,903 398,604 +22.7%
Europe · Emerging Verticals 93,496 73,629 +27.0%
Europe · Financial Services Sector 179,761 121,000 +48.6%
Europe · Fixed Price Contract 131,071 93,323 +40.4%
Europe · Healthcare Sector 31,568 19,477 +62.1%
Europe · Licensing and other revenues 1,607 3,069 -47.6%
Europe · Software & Hi-Tech 60,361 40,561 +48.8%
Europe · Time And Materials Contract 433,365 351,576 +23.3%
Europe · Transferred At Point In Time 316 2,391 -86.8%
Europe · Transferred Over Time 565,727 445,577 +27.0%
Show Geography breakouts
Americas 801,433 691,199 +15.9%
Americas · Operating Segments 787,400 698,629 +12.7%
Asia Pacific 27,201 24,077 +13.0%
CH 110,071 101,310 +8.6%
DE 56,406 49,561 +13.8%
EMEA 524,809 431,321 +21.7%
Europe · Operating Segments 566,043 447,968 +26.4%
GB 149,584 127,822 +17.0%
NL 57,061 45,091 +26.5%
Other 270,335 160,246 +68.7%
US 709,986 662,567 +7.2%
Show Consolidation Items breakouts
Operating Segments 1,353,443 1,146,597 +18.0%
Show Contract With Customer Basis Of Pricing breakouts
Fixed Price Contract 257,999 195,651 +31.9%
Licensing and other revenues 8,050 7,325 +9.9%
Time And Materials Contract 1,087,394 943,621 +15.2%
Show Equity Securities By Industry breakouts
Business Information & Media 170,393 165,762 +2.8%
Consumer Goods, Retail & Travel 268,050 252,327 +6.2%
Emerging Verticals 225,511 175,233 +28.7%
Financial Services Sector 328,313 244,369 +34.4%
Healthcare Sector 156,505 140,084 +11.7%
Software & Hi-Tech 204,671 168,822 +21.2%
Show Timing Of Transfer Of Good Or Service breakouts
Transferred At Point In Time 5,049 5,167 -2.3%
Transferred Over Time 1,348,394 1,141,430 +18.1%
Cost of Revenue 964,012 810,857 +18.9%
Show Geography breakouts
Americas · Operating Segments 544,768 476,917 +14.2%
Europe · Operating Segments 403,455 323,376 +24.8%
Show Consolidation Items breakouts
Operating Segments 948,223 800,293 +18.5%
Show Other Commitments breakouts
Humanitarian Commitment 0.6 0.6 0.0%
Selling, General & Administrative 231,681 194,058 +19.4%
Show Geography breakouts
Americas · Operating Segments 103,999 89,592 +16.1%
Europe · Operating Segments 77,528 65,891 +17.7%
Show Consolidation Items breakouts
Operating Segments 181,527 155,483 +16.8%
Show Other Commitments breakouts
Humanitarian Commitment 3.3 2.1 +57.1%
Depreciation And Amortization 31,274 21,121 +48.1%
Show Geography breakouts
Americas · Operating Segments 9,143 10,051 -9.0%
Europe · Operating Segments 4,294 5,249 -18.2%
Show Consolidation Items breakouts
Operating Segments 13,437 15,300 -12.2%
Operating Income 126,476 120,561 +4.9%
Show Consolidation Items breakouts
Corporate Non Segment 126,476 120,561 +4.9%
Nonoperating Gains Losses 3,519 12,036 -70.8%
Foreign Currency Transaction Gain Loss Before Tax -6,227 1,213 -613.4%
Income Before Taxes 123,768 133,810 -7.5%
Income Tax Expense (Benefit) 35,742 35,165 +1.6%
Net Income 88,026 98,645 -10.8%
Show Equity Components breakouts
Retained Earnings 88,026 98,645 -10.8%
EPS (Basic) 1.56 1.71 -8.8%
EPS (Diluted) 1.56 1.7 -8.2%
Wtd Avg Shares (Basic) 56,319 57,594 -2.2%
Wtd Avg Shares (Diluted) 56,536 58,149 -2.8%
Non-Operating Income (Expense) (Q)
Show Other Commitments breakouts
Humanitarian Commitment 3.9 2.7 +44.4%
Comprehensive Income 171,193 90,574 +89.0%
Other Comprehensive Income 83,167 -8,071 +1130.4%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment 357 136 +162.5%
Accumulated Gain Loss Net Cash Flow Hedge Parent 10,909 -2,558 +526.5%
Accumulated Translation Adjustment 71,901 -5,649 +1372.8%
Net Income Loss Available To Common Stockholders Basic 88,026 98,645 -10.8%
Other Expenses (Q)
Show Consolidation Items breakouts
Corporate Non Segment -27,087 -12,982 -108.7%

Balance Sheet

Balance Sheet
Metric Q2 2025 Q2 2024 YoY
Current Assets
Cash & Cash Equivalents 1,041,344
Show Geography breakouts
BY 37.2
UA 39.1
Trade Receivables And Contract Assets After Allowance For Credit Loss Current 1,158,956
Prepaid Expenses & Other Current Assets 170,175
Total Current Assets 2,370,475
Non-Current Assets
Property, Plant & Equipment 201,619
Show Geography breakouts
BY 44,594
GB 4,638
HU 4,471
IN 14,521
Other 31,649
PL 11,412
UA 58,352
UA · Building 58.4
UA · Computer Equipment 3.6
UA · Construction In Progress 52.3
UA · Furniture And Fixtures 2.2
UA · Leasehold Improvements 0.3
US 31,982
Operating Lease Right-of-Use Assets 129,332
Show Geography breakouts
UA 2.6
Goodwill 1,209,463
Show Business Segments breakouts
Americas 651,933
Europe 557,530
Deferred Tax Assets 240,852
Other Non-Current Assets 123,064
Total Assets 4,710,696
Other Assets
Intangible Assets Net Excluding Goodwill 435,891
Current Liabilities
Accounts Payable 45,278
Employee Related Liabilities Current 458,612
Accrued Liabilities And Other Liabilities 184,643
Accrued Income Taxes Current 18,461
Operating Lease Liability Current 40,433
Total Current Liabilities 747,427
Non-Current Liabilities
Long-Term Debt 25,038
Operating Lease Liabilities 97,220
Deferred Tax Liabilities 98,063
Other Non-Current Liabilities 74,586
Total Liabilities 1,042,334
Stockholders' Equity
Common Stock 56
Additional Paid-In Capital 1,286,067
Retained Earnings Unappropriated 2,360,343
Accumulated Other Comprehensive Income 21,314
Total Stockholders' Equity 3,667,780
Minority Interest 582
Stockholders Equity Including Portion Attributable To Noncontrolling Interest 3,668,362 3,397,959 +8.0%
Show Equity Components breakouts
Accumulated Defined Benefit Plans Adjustment -1,082 -2,940 +63.2%
Accumulated Gain Loss Net Cash Flow Hedge Parent 13,600 1,479 +819.5%
Accumulated Other Comprehensive Income 21,314 -69,423 +130.7%
Accumulated Translation Adjustment 8,796 -67,962 +112.9%
Additional Paid In Capital 1,286,067 1,087,411 +18.3%
Common Stock 56 57 -1.8%
Noncontrolling Interest 582 582 0.0%
Retained Earnings 2,360,343 2,379,332 -0.8%
Total Liabilities & Equity 4,710,696

Cash Flow Statement

Cash Flow Statement
Metric YTD Q2 2025 YTD Q2 2024 YoY
Operating Activities
Other Depreciation And Amortization 62,711 43,267 +44.9%
Operating Lease Right Of Use Asset Amortization Expense 20,581 18,773 +9.6%
Provision For Doubtful Accounts 169 -2,397 +107.1%
Deferred Income Taxes -6,090 -12,011 +49.3%
Stock-Based Compensation 87,014 80,475 +8.1%
Other Non-Cash Items 5,596 12,563 -55.5%
Increase Decreasein Trade Receivablesand Contract Assets -116,352 -63,001 -84.7%
Change in Prepaid & Other Assets 4,210 -3,659 +215.1%
Change in Accounts Payable -243 -2,354 +89.7%
Increase Decrease In Accrued Liabilities And Other Operating Liabilities -60,706 -44,703 -35.8%
Increase Decreasein Operating Lease Liabilities -21,573 -19,380 -11.3%
Increase Decrease In Accrued Taxes Payable -59,465 -35,514 -67.4%
Net Cash from Operations 77,360 186,947 -58.6%
Investing Activities
Capital Expenditures -19,160 -11,453 -67.3%
Payments To Acquire Short Term Investments -2,038 -1,213 -68.0%
Payments To Acquire Businesses Net Of Cash Acquired -3,346 -56,706 +94.1%
Payments To Acquire Interest In Subsidiaries And Affiliates -360 -6,909 +94.8%
Proceeds From Divestiture Of Interest In Subsidiaries And Affiliates 2,913
Other Investing Activities -1,531 936 -263.6%
Net Cash from Investing -23,522 -73,836 +68.1%
Financing Activities
Proceeds From Stock Options Exercised 34,579 32,476 +6.5%
Tax Withholding for Share Compensation -23,338 -30,600 +23.7%
Repayments Of Debt And Capital Lease Obligations -1,088 -1,124 +3.2%
Share Repurchases -356,531 -335,070 -6.4%
Payment For Contingent Consideration Liability Financing Activities -4,746 -4,750 +0.1%
Payments To Minority Shareholders -1,358
Proceeds From Payments For Other Financing Activities -1,087 907 -219.8%
Net Cash from Financing -353,569 -338,161 -4.6%
Other Cash Flow
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 55,820 -26,447 +311.1%
Net Change in Cash -243,911 -251,497 +3.0%
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents 1,046,481 1,791,611 -41.6%

Values in thousands USD. Source: SEC EDGAR 10-Q filing.

This table is rendered from the same JSON returned by /api/financials.

Get API Key