EPAM · XBRL financial data

EPAM Systems financial statements, every fiscal year

The same tables from 7 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (EPAM's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue from contracts with customers	2,659	3,758	4,825	4,691	4,728	5,457
Cost of revenue	1,733	2,484	3,287	3,257	3,277	3,884
Selling, general and administrative	485	649	873	815	816	929
Operating income (loss)	379	542	573	501	545	520
Income tax expense (benefit)	51	52	88	120	130	128
Net income (loss)	327	482	419	417	455	378
Earnings per share, basic USD per share	5.87	8.52	7.32	7.21	7.93	6.76
Earnings per share, diluted USD per share	5.60	8.15	7.09	7.06	7.84	6.72
Weighted average shares, basic millions of shares	56	57	57	58	57	56
Weighted average shares, diluted millions of shares	58	59	59	59	58	56

Fiscal years (EPAM's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	1,322	1,447	1,681	2,036	1,286	1,296
Short-term investments	—	0	60	61	2	—
Prepaid and other current assets	30	54	85	97	136	130
Total current assets	1,913	2,269	2,760	3,091	2,426	2,534
Property and equipment, net	170	236	273	235	208	202
Right-of-use asset	229	185	149	135	128	115
Goodwill	212	531	529	562	1,182	1,211
Total assets	2,721	3,523	4,009	4,352	4,750	4,902
Accounts payable	10	25	31	32	45	55
Total current liabilities	466	763	747	645	821	977
Long-term debt	25	30	28	26	25	25
Lease liability, non-current	181	143	122	109	98	81
Total liabilities	738	1,027	1,006	881	1,119	1,224
Total stockholders' equity	1,983	2,487	3,002	3,471	3,629	3,677
Total liabilities and equity	2,721	3,523	4,009	4,352	4,750	4,902
Common shares outstanding (cover page) millions of shares	56	57	58	58	57	54

Fiscal years (EPAM's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	327	482	419	417	455	378
Stock-based compensation	75	112	100	148	167	177
Net cash from operating activities	544	572	464	563	559	655
Purchases of property and equipment	69	112	82	28	32	42
Net cash from investing activities	(167)	(369)	(183)	(67)	(885)	(49)
Share repurchases	—	0	0	165	398	662
Proceeds from long-term debt	0	31	2	1	0	6
Net cash from financing activities	(1)	(60)	(2)	(166)	(390)	(651)
Net change in cash	386	126	234	359	(753)	11

SIC 7371 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7371 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-K, the year less the first three quarters; for a 10-Q, the year-to-date total less the earlier one.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
EPAM Systems	789	1,415	(2.4)*	51.6M	325.7 quarters	Q2 FY26 10-QJun 30, 2026
Elastic	880	478	132	105.0M	—	Q1 FY27 10-QJul 31, 2026
Doximity	274	157	42	179.8M	—	Q1 FY27 10-QJun 30, 2026
Unity Software	2,352	546	206*	440.1M	—	Q2 FY26 10-QJun 30, 2026
Nutanix	777	757*	315*	270.6M	—	Q4 FY26 10-KJul 31, 2026
Tempus AI	590	412	9.2*	not reported	—	Q3 FY26 10-QSep 30, 2026
Appfolio	259	296	97*	not reported	—	Q3 FY26 10-QSep 30, 2026
Procore Technologies	494	375	88*	152.0M	—	Q2 FY26 10-QJun 30, 2026
Commvault Systems	897	312	75*	40.9M	—	Q2 FY27 10-QSep 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.