The Tip Desk

EPAM Systems, Inc.

Company Stats

Market Cap
$5.6B
as of Sep 30, 2026
Shares Outstanding
51.6M
Free Float
96.2%

Income Statement

Revenue
$5.5B
Operating Income
$520.0M
Net Income
$377.7M
EBITDA
$573.1M
Non-cash Impairment
$175,000
Revenue Growth, 3Y
4.2%
FCF Margin, 3Y Avg
11.3%
FCF Margin, Worst Year
11.1%

Cash Flow

Free Cash Flow
$612.7M
FCF Yield
11.0%
Owner FCF Yield
7.8%

Balance Sheet

Cash & Equivalents
$1.3B

Returns & Capital

Share Repurchases
$662.2M
Buyback Yield, 3Y Avg
7.3%
SBC, 3Y Avg
$163.9M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$5.5B$612.7M11.2%
FY2024$4.7B$527.0M11.1%
FY2023$4.7B$534.2M11.4%
FY2022$4.8B$382.5M7.9%
FY2021$3.8B$460.8M12.3%

Annual filing data through FY ended December 31, 2025; shares and float as of October 28, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage