EPAM Systems, Inc. (EPAM) Financial Statements (2026 and earlier)

Company Profile

Business Address 41 UNIVERSITY DRIVE
NEWTOWN, PA 18940
State of Incorp. DE
Fiscal Year End December 31
Industry (SIC) 7371 - Computer Programming Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in millions)
Annual | Quarterly

3/31/2026
MRQ
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1,2961,2882,0971,7421,4471,382
Cash and cash equivalent1,2961,2862,0361,6811,4471,322
Short-term investments  26160 60
Restricted cash and investments1150  
Other undisclosed current assets1,2361,1379891,018823531
Total current assets:2,5342,4263,0912,7602,2691,913
Noncurrent Assets
Operating lease, right-of-use asset115128135149185229
Property, plant, and equipment, after accumulated depreciation, depletion, and amortization202208235273236170
Intangible asset, including goodwill, after accumulated amortization1,6171,618634607632264
Goodwill1,2111,182562529531212
Intangible asset, excluding goodwill, after accumulated amortization407436717810152
Deferred income tax assets29527019817314492
Other noncurrent assets13910160485754
Total noncurrent assets:2,3682,3241,2611,2501,254809
TOTAL ASSETS:4,9024,7504,3524,0093,5232,721
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities761649531603598352
Taxes payable✕✕✕✕✕2721
Employee-related liabilities✕✕✕✕✕503295
Accounts payable554532312510
Accrued liabilities7066044995724327
Deferred revenue 104     
Debt    316 
Derivative instruments and hedges, liabilities 515    
Business combination, contingent consideration, liability 1515101891
Other undisclosed current liabilities91143104124140113
Total current liabilities:977821645747763466
Noncurrent Liabilities
Long-term debt and lease obligation, including:2525262817325
Long-term debt, excluding current maturities2525262830 
Other undisclosed long-term debt and lease obligation      (156)
Liabilities, other than long-term debt2222732102319167
Accounts payable and accrued liabilities     4243
Deferred income tax liabilities7792    
Other liabilities64821011094823
Operating lease, liability8198109122143181
Other undisclosed noncurrent liabilities      181
Total noncurrent liabilities:247298236259264272
Total liabilities:1,2241,1198811,0061,027738
Equity
Equity, attributable to parent3,6773,6293,4713,0022,4871,983
Common stock000000
Treasury stock, value    (0)(0)(0)
Additional paid in capital1,3901,1901,009848712661
Accumulated other comprehensive income (loss)19(117)(39)(95)(54)(26)
Retained earnings2,2682,5562,5012,2491,8301,348
Equity, attributable to noncontrolling interest12119 
Total equity:3,6783,6313,4713,0032,4961,983
TOTAL LIABILITIES AND EQUITY:4,9024,7504,3524,0093,5232,721

Income Statement (P&L) ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Revenues5,4574,7284,6914,8253,7582,659
Cost of revenue(3,884)(3,277)(3,257)(3,287)(2,484)(1,733)
Gross profit:1,5741,4501,4341,5381,274927
Operating expenses(1,054)(906)(933)(965)(732)(548)
Operating income:520545501573542379
Nonoperating income (expense)(14)4035(66)(9)(1)
Investment income, nonoperating12475110(2)4
Loss, foreign currency transaction, before tax(26)(7)(16)(76)(7)(5)
Income from continuing operations before income taxes:506584537507533378
Income tax expense(128)(130)(120)(88)(52)(51)
Income from continuing operations:378455417419482327
Income before gain (loss) on sale of properties:✕✕✕✕✕482327
Net income available to common stockholders, diluted:378455417419482327

Comprehensive Income ($ in millions)
Annual | Quarterly

3/31/2026
TTM
12/31/2025
12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
Net income:378455417419482327
Other comprehensive income (loss)135(78)    
Other undisclosed comprehensive income      
Comprehensive income:513377417419482327
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  56(41)(29)6
Comprehensive income, net of tax, attributable to parent:513377473378453333

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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