EPAM Systems Reports Strong Financial Growth

By Chris Stiles • Thursday, February 19 16:04 • Permanent Link

EPAM Systems, Inc. has reported its financial results for the fourth quarter and full year 2025. In the fourth quarter of 2025, the company's revenues were $1.408 billion, representing a year-over-year increase of 12.8%. On a non-GAAP basis, income from operations was 16.3% of revenues, and non-GAAP diluted EPS was $3.26, marking a 14.8% increase compared to the fourth quarter of 2024.

For the full year 2025, revenues reached $5.457 billion, up 15.4% year-over-year. Non-GAAP income from operations was 15.2% of revenues, and non-GAAP diluted EPS was $11.50, reflecting a 5.9% increase compared to 2024.

In terms of cash flow, the company reported that cash provided by operating activities was $282.9 million in the fourth quarter of 2025 and $654.9 million for the full year 2025. Additionally, the company repurchased 1.16 million shares of its common stock for $223.5 million during the fourth quarter of 2025, and 3.54 million shares for $660.6 million during the year ended December 31, 2025.

Looking ahead to 2026, EPAM expects the year-over-year revenue growth rate to be in the range of 4.5% to 7.5%, with non-GAAP diluted EPS projected to be in the range of $12.60 to $12.90 for the year.

It's important to note that the company's total headcount was approximately 62,850 as of December 31, 2025, with approximately 56,600 delivery professionals, representing an increase of 2.7% from the previous year.

Today the company's shares have moved -1.22% to a price of $212.61. If you want to know more, read the company's complete 8-K report here.

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