EPAM - Earnings announcements

First quarter revenues of $1.400 billion, up 7.6% year-over-yearGAAP income from operations was 8.3% of revenues and non-GAAP income from operations was 14.3% of revenues for the first quarter First quarter GAAP diluted EPS of $1.52, an increase of $0.24, or 18.8%, and non-GAAP diluted EPS of $2.86, an increase of $0.45, or 18.7%, on a year-over-year basisContinued to return capital to shareholders, spending $324 million on stock repurchases in the first quarter, which includes the $300 million accelerated share repurchase agreementFor the full year, EPAM now expects the year-over-year revenue growth rate to be in the range of 4.0% to 6.5% and now expects the year-over-year revenue growth ra

NEWTOWN, Pa., April 7, 2026 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, will host a conference call at 8:00 a.m. ET, on Thursday, May 7, 2026, to discuss its first quarter 2026 financial results. A news release containing these results will be issued before the call.  The conference call will be live on the EPAM website at https://investors.epam.com. Please visit the website at least 15 minutes before the call to register for the event. For those who cannot attend the live webcast, a replay will be av

Fourth Quarter 2025Revenues of $1.408 billion, up 12.8% year-over-yearGAAP Income from Operations was 10.6% of revenues and Non-GAAP Income from Operations was 16.3% of revenuesGAAP Diluted EPS of $1.98, an increase of 10.0%, and Non-GAAP Diluted EPS of $3.26, an increase of 14.8% on a year-over-year basisFull Year 2025Revenues of $5.457 billion, up 15.4% year-over-yearGAAP Income from Operations was 9.5% of revenues and Non-GAAP Income from Operations was 15.2% of revenuesGAAP Diluted EPS of $6.72, a decrease of 14.3%, and Non-GAAP Diluted EPS of $11.50, an increase of 5.9% on a year-over-year basisNEWTOWN, Pa., Feb. 19, 2026 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital

NEWTOWN, Pa., Jan. 19, 2026 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, will host a conference call at 8:00 a.m. ET, on Thursday, February 19, 2026, to discuss its fourth quarter and full year 2025 financial results. A news release containing these results will be issued before the call.  The conference call will be live on the EPAM website at https://investors.epam.com.  Please visit the website at least 15 minutes before the call to register for the event. For those who cannot attend the live webc

Third quarter revenues of $1.394 billion, up 19.4% year-over-yearGAAP income from operations was 10.4% of revenues and non-GAAP income from operations was 16.0% of revenues for the third quarter Third quarter GAAP diluted EPS of $1.91, a decrease of $0.46, and non-GAAP diluted EPS of $3.08, a decrease of $0.04 on a year-over-year basisContinued to return capital to shareholders, repurchasing $82.1 million of stock in the third quarter and established a new share repurchase plan for up to $1 billion in additional repurchases as previously announcedEPAM raises its full year expected revenue growth rate for 2025 to now be in the range of 14.8% to 15.2%, reflecting a year-over-year growth rate o

NEWTOWN, Pa., Oct. 6, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, will host a conference call at 8:00 a.m. ET, on Thursday, November 6, 2025, to discuss its third quarter 2025 financial results. A news release containing these results will be issued before the call.  The conference call will be live on the EPAM website at https://investors.epam.com.  Please visit the website at least 15 minutes before the call to register for the event. For those who cannot attend the live webcast, a replay wil

Second quarter revenues of $1.353 billion, up 18.0% year-over-yearGAAP income from operations was 9.3% of revenues and non-GAAP income from operations was 15.0% of revenues for the second quarter Second quarter GAAP diluted EPS of $1.56, a decrease of $0.14, and non-GAAP diluted EPS of $2.77, an increase of $0.32 on a year-over-year basisBased on the strength of organic constant currency revenue growth and updates to our foreign exchange rate assumptions, EPAM raises its expected year-over-year revenue growth rate to now be in the range of 13.0% to 15.0% for 2025NEWTOWN, Pa., Aug. 7, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product en

NEWTOWN, Pa., July 7, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, will host a conference call at 8:00 a.m. ET, on Thursday, August 7, 2025, to discuss its second quarter 2025 financial results. A news release containing these results will be issued before the call.  The conference call will be live on the EPAM website at https://investors.epam.com. Please visit the website at least 15 minutes before the call to register for the event. For those who cannot attend the live webcast, a replay will

First quarter revenues of $1.302 billion, up 11.7% year-over-yearGAAP income from operations was 7.6% of revenues and non-GAAP income from operations was 13.5% of revenues for the first quarterFirst quarter GAAP diluted EPS of $1.28, a decrease of $0.69, and non-GAAP diluted EPS of $2.41, a decrease of $0.05 on a year-over-year basisBased on the strength of organic constant currency revenue growth in the first half of 2025 and updates to our foreign exchange rate assumptions, EPAM raises its expected year-over-year revenue growth rate to now be in the range of 11.5% to 14.5% for 2025NEWTOWN, Pa., May 8, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation ser

NEWTOWN, Pa., April 7, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, will host a conference call at 8:00 a.m. ET, on Thursday, May 8, 2025, to discuss its first quarter 2025 financial results. A news release containing these results will be issued before the call.  The conference call will be live on the EPAM website at https://investors.epam.com.  Please visit the website at least 15 minutes before the call to register for the event. For those who cannot attend the live webcast, a replay will be

Fourth Quarter 2024 Revenues of $1.248 billion, up 7.9% year-over-yearGAAP Income from Operations was 10.9% of revenues and Non-GAAP Income from Operations was 16.7% of revenuesGAAP Diluted EPS of $1.80, an increase of 8.4%, and Non-GAAP Diluted EPS of $2.84, an increase of 3.3% on a year-over-year basisFull Year 2024 Revenues of $4.728 billion, up 0.8% year-over-yearGAAP Income from Operations was 11.5% of revenues and Non-GAAP Income from Operations was 16.5% of revenuesGAAP Diluted EPS of $7.84, an increase of 11.0%, and Non-GAAP Diluted EPS of $10.86, an increase of 2.5% on a year-over-year basisNEWTOWN, Pa., Feb. 20, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital

NEWTOWN, Pa., Jan. 21, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, will host a conference call at 8:00 a.m. ET, on Thursday, February 20, 2025, to discuss its fourth quarter 2024 financial results. A news release containing these results will be issued before the call.  The conference call will be live on the EPAM website at https://investors.epam.com.  Please visit the website at least 15 minutes before the call to register for the event. For those who cannot attend the live webcast, a replay

Third quarter revenues of $1.168 billion, up 1.3% year-over-yearGAAP income from operations was 15.2% of revenues and non-GAAP income from operations was 19.1% of revenues for the third quarter Third quarter GAAP diluted EPS of $2.37, an increase of $0.72, and non-GAAP diluted EPS of $3.12, an increase of $0.39 on a year-over-year basisFor the full year, EPAM increases expected range for revenues to now be $4.685 billion to $4.695 billion, increases expected GAAP diluted EPS to now be in the range of $7.78 to $7.86 and non-GAAP diluted EPS to now be in the range of $10.73 to $10.81For the fourth quarter, EPAM expects revenues to be in the range of $1.205 billion to $1.215 billion, GAAP dilut

NEWTOWN, Pa., Oct. 8, 2024 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, will host a conference call at 8:00 a.m. ET, on Thursday, November 7, 2024, to discuss its third quarter 2024 financial results. A news release containing these results will be issued before the call.  The conference call will be live on the EPAM website at https://investors.epam.com.  Please visit the website at least 15 minutes before the call to register for the event. For those who cannot attend the live webcast, a replay wil

Second quarter revenues of $1.147 billion, down 2.0% year-over-yearGAAP income from operations was 10.5% of revenues and non-GAAP income from operations was 15.2% of revenues for the second quarter Second quarter GAAP diluted EPS of $1.70, a decrease of $0.33, and non-GAAP diluted EPS of $2.45, a decrease of $0.19 on a year-over-year basisFor the full year, EPAM narrows expected range for revenues to $4.590 billion to $4.625 billion, updates expected GAAP diluted EPS to now be in the range of $7.18 to $7.38 and non-GAAP diluted EPS to now be in the range of $10.20 to $10.40For the third quarter, EPAM expects revenues to be in the range of $1.145 billion to $1.155 billion, GAAP diluted EPS to

NEWTOWN, Pa., July 9, 2024 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, will host a conference call at 8:00 a.m. ET, on Thursday, August 8, 2024, to discuss its second quarter 2024 financial results. A news release containing these results will be issued before the call.  The conference call will be live on the EPAM website at https://investors.epam.com.  Please visit the website at least 15 minutes before the call to register for the event. For those who cannot attend the live webcast, a replay will

First quarter revenues of $1.165 billion, down 3.8% year-over-yearGAAP income from operations was 9.5% of revenues and non-GAAP income from operations was 14.9% of revenues for the first quarter First quarter GAAP diluted EPS of $1.97, an increase of $0.24, and non-GAAP diluted EPS of $2.46, a decrease of $0.01 on a year-over-year basisFor the full year, EPAM updates expected revenues to now be in the range of $4.575 billion to $4.675 billion, updates expected GAAP diluted EPS to now be in the range of $7.34 to $7.64 and narrows expected range for non-GAAP diluted EPS to $10.00 to $10.30For the second quarter, EPAM expects revenues to be in the range of $1.135 billion to $1.145 billion, GAAP

NEWTOWN, Pa., April 10, 2024 /PRNewswire/ -- EPAM Systems, Inc., (NYSE:EPAM), a leading digital transformation services and product engineering company, will host a conference call at 8:00 a.m. ET, on Thursday, May 9, 2024, to discuss its first quarter 2024 financial results. A news release containing these results will be issued before the call.  The conference call will be live on the EPAM website at https://investors.epam.com.  Please visit the website at least 15 minutes before the call to register for the event. For those who cannot attend the live webcast, a replay will

Fourth Quarter 2023 Revenues of $1.157 billion, down 6.0% year-over-yearGAAP Income from Operations was 10.6% of revenues and Non-GAAP Income from Operations was 17.3% of revenuesGAAP Diluted EPS of $1.66, a decrease of 36.4%, and Non-GAAP Diluted EPS of $2.75, a decrease of 6.1% on a year-over-year basisFull Year 2023 Revenues of $4.691 billion, down 2.8% year-over-yearGAAP Income from Operations was 10.7% of revenues and Non-GAAP Income from Operations was 16.3% of revenuesGAAP Diluted EPS of $7.06, a decrease of 0.4%, and Non-GAAP Diluted EPS of $10.59, a decrease of 2.8% on a year-over-year basisNEWTOWN, Pa., Feb. 15, 2024 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital

NEWTOWN, Pa., Jan. 11, 2024 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM) will host a conference call at 8:00 a.m. ET, on Thursday, February 15, 2024, to discuss its fourth quarter 2023 financial results. A news release containing these results will be issued before the call.  The conference call will be live on the EPAM website at https://investors.epam.com.  Please visit the website at least 15 minutes before the call to register for the event. For those who cannot attend the live webcast, a replay will be available in the Investor Relations section of the website.  About EPAM SystemsSince 1993, EPAM Systems, Inc. (NYSE:EPAM) has leveraged its advanced software engineering heritage to be

NEWTOWN, Pa., Oct. 9, 2023 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM) will host a conference call at 8:00 a.m. ET, on Thursday, November 2, 2023, to discuss its third quarter 2023 financial results. A news release containing these results will be issued before the call.  The conference call will be live on the EPAM website at https://investors.epam.com.  Please visit the website at least 15 minutes before the call to register for the event. For those who cannot attend the live webcast, a replay will be available in the Investor Relations section of the website.  About EPAM

Second quarter revenues of $1.170 billion, down 2.1% year-over-yearGAAP Income from Operations was 12.3% of revenues and Non-GAAP Income from Operations was 16.3% of revenues for the second quarter Second quarter GAAP Diluted EPS of $2.03, an increase of $1.71, and Non-GAAP Diluted EPS of $2.64, an increase of $0.26 on a year-over-year basisFor the full year, EPAM narrows expected revenues to now be in the range of $4.650 billion to $4.700 billion, updates expected GAAP Diluted EPS to now be in the range of $7.00 to $7.20 and narrows expected Non-GAAP Diluted EPS to now be in the range of $9.90 to $10.10For the third quarter, EPAM expects revenues to be in the range of $1.140 billion to $1.1

NEWTOWN, Pa., July 6, 2023 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM) will host a conference call at 8:00 a.m. ET, on Thursday, August 3, 2023, to discuss its second quarter 2023 financial results. A news release containing these results will be issued before the call.  The conference call will be available live on the EPAM website at https://investors.epam.com.    Please visit the website at least 15 minutes prior to the call to register for the event. For those who will not be able to attend the live webcast, a replay will be available in the Investor Relations section o

NEWTOWN, Pa. , June 5, 2023 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, today announced it is reducing its second quarter and full year 2023 financial outlook due to further deterioration in the near-term demand environment. "In the weeks since our Q1 earnings call, we have seen our clients become even more cautious with spending specifically in the 'build' segment of the global IT services market. After careful assessment of changes in our May and June forecast data, we have come to understand that

First quarter revenues of $1.211 billion, up 3.4% year-over-yearGAAP Income from Operations was 9.9% of revenues and Non-GAAP Income from Operations was 14.7% of revenues for the first quarter First quarter GAAP Diluted EPS of $1.73, an increase of 13.8%, and Non-GAAP Diluted EPS of $2.47, a decrease of 0.8% on a year-over-year basisFor the full year, EPAM now expects revenues to be in the range of $4.950 billion to $5.000 billion, GAAP Diluted EPS to be in the range of $8.11 to $8.31 and Non-GAAP Diluted EPS to be in the range of $10.60 to $10.80For the second quarter, EPAM expects revenues to be in the range of $1.195 billion to $1.205 billion, GAAP Diluted EPS to be in the range of $1.82

NEWTOWN, Pa., April 6, 2023 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM) will host a conference call at 8:00 a.m. ET, on Friday, May 5, 2023, to discuss its first quarter 2023 financial results. A news release containing these results will be issued before the call.  The conference call will be available live on the EPAM website at https://investors.epam.com.  Please visit the website at least 15 minutes prior to the call to register for the event. For those who will not be able to attend the live webcast, a replay will be available in the Investor Relations section of the w

Fourth Quarter 2022 Revenues of $1.231 billion, up 11.2% year-over-yearGAAP Income from Operations was 13.8% of revenues and Non-GAAP Income from Operations was 17.8% of revenuesGAAP Diluted EPS of $2.61, an increase of 8.7%, and Non-GAAP Diluted EPS of $2.93, an increase of 6.2% on a year-over-year basis Full Year 2022 Revenues of $4.825 billion, up 28.4% year-over-yearGAAP Income from Operations was 11.9% of revenues and Non-GAAP Income from Operations was 17.0% of revenuesGAAP Diluted EPS of $7.09, a decrease of 13.0%, and Non-GAAP Diluted EPS of $10.90, an increase of 20.4% on a year-over-year basisShare Repurchase Program The Board of Directors approved a share repurchase program with a

NEWTOWN, Pa., Jan. 17, 2023 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM) will host a conference call at 8:00 a.m. ET, on Thursday, February 16, 2023, to discuss its fourth quarter 2022 financial results. A news release containing these results will be issued before the call.  The conference call will be available live on the EPAM website at https://investors.epam.com.  Please visit the website at least 15 minutes prior to the call to register for the event. For those who will not be able to attend the live webcast, a replay will be available in the Investor Relations section

Third quarter revenues of $1.227 billion, up 24.1% year-over-yearGAAP Income from Operations was 14.7% of revenues and Non-GAAP Income from Operations was 18.9% of revenues for the third quarterThird quarter GAAP Diluted EPS of $2.63, an increase of 34.9%, and Non-GAAP Diluted EPS of $3.10, an increase of 28.1% on a year-over-year basis For the fourth quarter, EPAM expects revenues to be in the range of $1.220 billion to $1.230 billion, GAAP Diluted EPS to be in the range of $2.02 to $2.10 and Non-GAAP Diluted EPS to be in the range of $2.62 to $2.70NEWTOWN, Pa., Nov. 3, 2022 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering com

NEWTOWN, Pa., Oct. 6, 2022 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM) will host a conference call at 8:00 a.m. ET, on Thursday, November 3, 2022, to discuss its third quarter 2022 financial results. A news release containing these results will be issued before the call.  The conference call will be available live on the EPAM website at https://investors.epam.com. Please visit the website at least 15 minutes prior to the call to register for the event. For those who will not be able to attend the live webcast, a replay will be available in the Investor Relations section of

Second quarter revenues of $1.195 billion, up 35.6% year-over-yearGAAP Income from Operations was 7.8% of revenues and Non-GAAP Income from Operations was 14.9% of revenues for the second quarterSecond quarter GAAP Diluted EPS of $0.32, a decrease of 83.5%, and Non-GAAP Diluted EPS of $2.38, an increase of 16.1% on a year-over-year basis For the third quarter, EPAM expects revenue to be at least $1.210 billion, GAAP Diluted EPS to be at least $1.65 and Non-GAAP Diluted EPS to be at least $2.48NEWTOWN, Pa., Aug. 4, 2022 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, today reported results for the second quarter ended

NEWTOWN, Pa., July 8, 2022 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM) will host a conference call at 8:00 a.m. ET, on Thursday, August 4, 2022, to discuss its second quarter 2022 financial results. A news release containing these results will be issued before the call. The conference call will be available live on the EPAM website at https://investors.epam.com. Please visit the website at least 15 minutes prior to the call to register for the event. For those who cannot access the live webcast, a replay will be available in the Investor Relations section of the website.  A

First quarter revenues of $1.172 billion, up 50.1% year-over-yearGAAP Income from Operations was 11.0% of revenues and Non-GAAP Income from Operations was 16.1% of revenues for the first quarterFirst quarter GAAP Diluted EPS of $1.52, a decrease of 18.3%, and Non-GAAP Diluted EPS of $2.49, an increase of 37.6% on a year-over-year basis For the second quarter, EPAM expects revenue to be at least $1.140 billion, GAAP Diluted EPS to be at least $0.73 and Non-GAAP Diluted EPS to be at least $1.70NEWTOWN, Pa., May 5, 2022 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, today reported results for the first quarter ended Mar

NEWTOWN, Pa., April 6, 2022 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM) will host a conference call at 8:00 a.m. ET, on Thursday, May 5, 2022, to discuss its first quarter 2022 financial results. A news release containing these results will be issued before the call.  Investors and other interested parties can access the call in the following ways: A webcast of the conference call can be accessed on the Investor Relations section of the Company's website at https://investors.epam.com or by dialing +1 (844) 707-0662 or +1 (703) 318-2250 (outside of the U.S.) and providing th

NEWTOWN, Pa., Feb. 17, 2022 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, today announced results for its fourth quarter and full year ended December 31, 2021. "We are pleased with our outstanding fourth quarter and 2021 financial performance, despite the ongoing challenges of the global pandemic and continuing geopolitical uncertainties in some of our core talent markets. Our results demonstrate a new level of maturity and scale and underscore our ability to grow and operate an increasingly global organization, while continuing to deliver our trademark quality for our customers," said Arkadiy Dobkin, CEO & Presiden

NEWTOWN, Pa., Jan. 18, 2022 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM) will host a conference call at 8:00 a.m. ET, on Thursday, February 17, 2022, to discuss its fourth quarter 2021 financial results. A news release containing these results will be issued before the call.  Investors and other interested parties can access the call in the following ways: A webcast of the conference call can be accessed on the Investor Relations section of the Company's website at https://investors.epam.com or by dialing +1 (844) 707-0662 or +1 (703) 318-2250 (outside of the U.S.) and prov

NEWTOWN, Pa., Nov. 4, 2021 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading digital transformation services and product engineering company, today announced results for its third quarter ended September 30, 2021. "We are pleased with our strong third-quarter results, which reflect a wide-range of demand across all our geographies and industry groups," said Arkadiy Dobkin, CEO & President, EPAM. "The increased rate of change that was difficult to predict over a year ago, is now driving higher levels of transformation across the industries we serve. As such, we continue

NEWTOWN, Pa., Oct. 5, 2021 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM) will host a conference call at 8:00 a.m. ET, on Thursday, November 4, 2021, to discuss its third quarter 2021 financial results. A news release containing these results will be issued before the call.  Investors and other interested parties can access the call in the following ways: A webcast of the conference call can be accessed on the Investor Relations section of the Company's website at https://investors.epam.com or by dialing +1 (844) 707-0662 or +1 (703) 318-2250 (outside of the U.S.) and p

NEWTOWN, Pa., Aug. 5, 2021 /PRNewswire/ -- EPAM Systems, Inc. (NYSE:EPAM), a leading global provider of digital platform engineering and software development services, today announced results for its second quarter ended June 30, 2021. "Our strong second quarter results demonstrated EPAM's ability to quickly adapt to the changing market conditions, accelerating the rate at which we solve our clients' most complex digital transformation and technology modernization challenges," said Arkadiy Dobkin, CEO & President, EPAM. "To continue doing that, we plan to further expand our ca