EPAM Systems, Inc. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that EPAM Systems, Inc. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $1.45B | Feb 27, 2018 |
| FY2017 | Dec 31, 2016 | $1.16B | Feb 27, 2018 |
| FY2017 | Dec 31, 2015 | $914.13M | Feb 27, 2018 |
| FY2016 | Dec 31, 2014 | $730.03M | Mar 1, 2017 |
| FY2015 | Dec 31, 2013 | $555.12M | Feb 23, 2016 |
| FY2014 | Dec 31, 2012 | $433.80M | Mar 2, 2015 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $5.46B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $4.73B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $4.69B | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $4.82B | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $3.76B | Feb 22, 2024 |
| FY2020 | Dec 31, 2020 | $723.49M | Feb 25, 2021 |
| FY2020 | Sep 30, 2020 | $652.24M | Feb 25, 2021 |
| FY2020 | Jun 30, 2020 | $632.38M | Feb 25, 2021 |
| FY2020 | Mar 31, 2020 | $651.36M | Feb 25, 2021 |
| FY2020 | Dec 31, 2019 | $632.78M | Feb 25, 2021 |
Revenue (Net Sales)
Net sales revenue — gross revenue less returns, allowances, and discounts. Used by many manufacturers and retailers as the primary top-line figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2017 | Dec 31, 2017 | $399.30M | Feb 27, 2018 |
| FY2017 | Sep 30, 2017 | $377.52M | Feb 27, 2018 |
| FY2017 | Jun 30, 2017 | $348.98M | Feb 27, 2018 |
| FY2017 | Mar 31, 2017 | $324.65M | Feb 27, 2018 |
| FY2017 | Dec 31, 2016 | $313.53M | Feb 27, 2018 |
| FY2017 | Sep 30, 2016 | $298.29M | Feb 27, 2018 |
| FY2017 | Jun 30, 2016 | $283.83M | Feb 27, 2018 |
| FY2017 | Mar 31, 2016 | $264.48M | Feb 27, 2018 |
| FY2016 | Dec 31, 2015 | $260.25M | Mar 1, 2017 |
| FY2016 | Sep 30, 2015 | $236.05M | Mar 1, 2017 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $377.68M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $454.53M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $417.08M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $419.42M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $481.65M | Feb 22, 2024 |
| FY2020 | Dec 31, 2020 | $85.54M | Feb 25, 2021 |
| FY2020 | Sep 30, 2020 | $89.43M | Feb 25, 2021 |
| FY2020 | Jun 30, 2020 | $66.62M | Feb 25, 2021 |
| FY2020 | Mar 31, 2020 | $85.57M | Feb 25, 2021 |
| FY2020 | Dec 31, 2019 | $74.52M | Feb 25, 2021 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $520.00M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $544.58M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $501.24M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $572.97M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $542.32M | Feb 22, 2024 |
| FY2020 | Dec 31, 2020 | $111.99M | Feb 25, 2021 |
| FY2020 | Sep 30, 2020 | $96.40M | Feb 25, 2021 |
| FY2020 | Jun 30, 2020 | $83.43M | Feb 25, 2021 |
| FY2020 | Mar 31, 2020 | $87.51M | Feb 25, 2021 |
| FY2020 | Dec 31, 2019 | $84.75M | Feb 25, 2021 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $928.71M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $816.30M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $815.07M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $872.78M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $648.74M | Feb 22, 2024 |
| FY2020 | Dec 31, 2020 | $128.93M | Feb 25, 2021 |
| FY2020 | Sep 30, 2020 | $116.53M | Feb 25, 2021 |
| FY2020 | Jun 30, 2020 | $114.19M | Feb 25, 2021 |
| FY2020 | Mar 31, 2020 | $125.11M | Feb 25, 2021 |
| FY2020 | Dec 31, 2019 | $125.00M | Feb 25, 2021 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $654.93M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $559.17M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $562.63M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $464.10M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $572.33M | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $544.41M | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $287.45M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $292.22M | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $192.82M | Mar 2, 2020 |
| FY2018 | Dec 31, 2016 | $167.22M | Feb 26, 2019 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $42.24M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $32.15M | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $28.42M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $81.63M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $111.50M | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $68.79M | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $99.31M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $37.57M | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $29.81M | Mar 2, 2020 |
| FY2018 | Dec 31, 2016 | $29.32M | Feb 26, 2019 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $4.90B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $4.75B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $4.35B | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $4.01B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $3.52B | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $2.72B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $2.24B | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | $1.61B | Mar 2, 2020 |
| FY2018 | Dec 31, 2017 | $1.25B | Feb 26, 2019 |
| FY2017 | Dec 31, 2016 | $925.81M | Feb 27, 2018 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.22B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $1.12B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $880.90M | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $1.01B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $1.03B | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $738.31M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $648.06M | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | $349.21M | Mar 2, 2020 |
| FY2018 | Dec 31, 2017 | $275.31M | Feb 26, 2019 |
| FY2017 | Dec 31, 2016 | $144.40M | Feb 27, 2018 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $3.68B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $3.63B | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | $3.47B | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | $3.00B | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | $2.49B | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | $1.98B | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | $1.60B | Feb 25, 2021 |
| FY2020 | Dec 31, 2018 | $1.26B | Feb 25, 2021 |
| FY2020 | Dec 31, 2017 | $974.95M | Feb 25, 2021 |
| FY2017 | Dec 31, 2016 | $781.41M | Feb 27, 2018 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.21B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $1.18B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $562.46M | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $529.07M | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $530.72M | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $211.96M | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $195.04M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $166.83M | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $119.53M | Mar 2, 2020 |
| FY2018 | Dec 31, 2016 | $109.29M | Feb 26, 2019 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $1.30B | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | $1.29B | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | $2.04B | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | $1.68B | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | $1.45B | Feb 22, 2024 |
| FY2022 | Dec 31, 2020 | $1.32B | Feb 24, 2023 |
| FY2021 | Dec 31, 2019 | $936.55M | Feb 25, 2022 |
| FY2020 | Dec 31, 2018 | $770.56M | Feb 25, 2021 |
| FY2019 | Dec 31, 2017 | $582.59M | Mar 2, 2020 |
| FY2018 | Dec 31, 2016 | $362.03M | Feb 26, 2019 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2015 | Dec 31, 2015 | $35.00M | Feb 23, 2016 |
| FY2015 | Dec 31, 2014 | $0 | Feb 23, 2016 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 6 | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 7 | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | 7 | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | 7 | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | 8 | Feb 22, 2024 |
| FY2020 | Dec 31, 2020 | 1 | Feb 25, 2021 |
| FY2020 | Sep 30, 2020 | 1 | Feb 25, 2021 |
| FY2020 | Jun 30, 2020 | 1 | Feb 25, 2021 |
| FY2020 | Mar 31, 2020 | 1 | Feb 25, 2021 |
| FY2020 | Dec 31, 2019 | 1 | Feb 25, 2021 |
EPS (Diluted)
Net income divided by the fully diluted share count — including all potential shares from options, warrants, and convertible instruments. The more conservative and widely cited EPS figure.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 6 | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 7 | Feb 26, 2026 |
| FY2025 | Dec 31, 2023 | 7 | Feb 26, 2026 |
| FY2024 | Dec 31, 2022 | 7 | Feb 28, 2025 |
| FY2023 | Dec 31, 2021 | 8 | Feb 22, 2024 |
| FY2020 | Dec 31, 2020 | 1 | Feb 25, 2021 |
| FY2020 | Sep 30, 2020 | 1 | Feb 25, 2021 |
| FY2020 | Jun 30, 2020 | 1 | Feb 25, 2021 |
| FY2020 | Mar 31, 2020 | 1 | Feb 25, 2021 |
| FY2020 | Dec 31, 2019 | 1 | Feb 25, 2021 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 54.27M | Feb 26, 2026 |
| FY2025 | Dec 31, 2024 | 56.87M | Feb 26, 2026 |
| FY2024 | Dec 31, 2023 | 57.79M | Feb 28, 2025 |
| FY2023 | Dec 31, 2022 | 57.66M | Feb 22, 2024 |
| FY2022 | Dec 31, 2021 | 56.85M | Feb 24, 2023 |
| FY2021 | Dec 31, 2020 | 56.11M | Feb 25, 2022 |
| FY2020 | Dec 31, 2019 | 55.19M | Feb 25, 2021 |
| FY2019 | Dec 31, 2018 | 54.08M | Mar 2, 2020 |
| FY2018 | Dec 31, 2017 | 52.98M | Feb 26, 2019 |
| FY2017 | Dec 31, 2016 | 51.10M | Feb 27, 2018 |