EPAMNYSEServices-Computer Programming ServicesFiscal year ends December 31
EPAM Systems, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$127.38+5.19 (+4.25%)
Close on Oct 19, 2026
- Market cap
- $6.66B
- P/E (TTM)
- 17.3
- Dividend yield
- –
EPAM Systems, Inc. revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Americas | $3.17B | $2.87B | $2.77B | – | – | – | – | – | – | – | 58.0% | +10.5% |
| Europe | $2.29B | $1.86B | $1.91B | $1.85B | $1.35B | $947.31M | $820.72M | $692.79M | $591.45M | $474.99M | 42.0% | +23.1% |
| Operating Segments | – | – | – | – | – | – | – | $1.84B | $1.45B | $1.16B | – | – |
| North America | – | $2.87B | $2.77B | $2.90B | $2.24B | $1.60B | $1.38B | $1.08B | $796.04M | $642.22M | – | – |
| Russia | – | – | $16.08M | $73.09M | $165.41M | $110.35M | $92.14M | $73.15M | $62.96M | $43.61M | – | – |
| Unallocated Amounts | – | – | – | – | – | – | – | -$1.20M | -$1.84M | -$683.00K | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Europe | – | – | $250.63M | $223.28M | $233.73M | $152.90M | $114.86M | $115.88M | $92.08M | $67.55M | – |
| Operating Segments | – | – | – | – | – | – | $425.97M | $349.10M | $275.33M | $218.12M | – |
| North America | – | – | $520.95M | $589.41M | $462.80M | $345.20M | $293.76M | $221.85M | $169.34M | $143.02M | – |
| Russia | – | – | -$5.87M | -$13.46M | $32.55M | $5.81M | $17.35M | $11.38M | $13.91M | $7.56M | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Infrastructure services | – | – | – | – | – | – | – | – | $595.00K | $5.07M | – | – |
| Reimbursable expenses and other revenues | – | – | – | – | – | – | – | – | $17.14M | $12.52M | – | – |
| Application testing services | – | – | – | – | – | – | – | – | $276.27M | $223.01M | – | – |
| Licensing and other revenues | – | – | – | – | – | – | – | – | $3.53M | $3.14M | – | – |
| Software development | – | – | – | – | – | – | – | – | $1.06B | $841.92M | – | – |
| Application maintenance and support | – | – | – | – | – | – | – | – | $92.63M | $74.48M | – | – |
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Americas | $3.20B | $2.83B | $2.74B | $2.89B | $2.23B | $1.60B | $1.39B | – | – | – | 58.7% | +12.9% |
| Americas | $3.17B | $2.87B | $2.77B | $2.90B | – | $1.60B | $1.39B | $1.10B | – | – | 58.0% | +10.5% |
| United States | $2.83B | $2.68B | $2.63B | $2.76B | $2.13B | $1.52B | $1.32B | $1.03B | $783.56M | $611.39M | 51.9% | +5.8% |
| Europe | $2.29B | $1.86B | $1.91B | $1.85B | – | – | – | – | – | – | 42.0% | +23.1% |
| EMEA | $2.15B | $1.79B | $1.82B | $1.74B | $1.26B | $879.84M | $746.87M | $612.47M | – | – | 39.3% | +19.7% |
| Other | $1.12B | $721.95M | $689.73M | $564.06M | $366.32M | $228.30M | $200.21M | $176.19M | $124.54M | $87.35M | 20.6% | +55.6% |
| United Kingdom | $597.32M | $523.37M | $585.17M | $619.31M | $474.94M | $331.22M | $290.04M | $200.92M | $189.00M | $177.19M | 10.9% | +14.1% |
| Switzerland | $438.50M | $407.85M | $367.12M | $323.42M | $271.21M | $203.39M | $152.71M | $144.40M | $123.28M | $122.92M | 8.0% | +7.5% |
| Germany | $233.43M | $206.13M | $178.49M | $161.76M | $113.73M | $84.90M | $82.44M | $80.79M | $60.16M | $43.62M | 4.3% | +13.2% |
| Netherlands | $229.79M | $188.58M | $236.29M | $215.44M | $154.82M | $114.68M | $88.49M | $70.27M | $51.56M | $17.52M | 4.2% | +21.9% |
| APAC | $108.83M | $100.04M | $102.14M | $120.37M | $103.56M | $69.80M | $56.45M | $49.57M | – | – | 2.0% | +8.8% |
| Spain | – | – | – | – | – | – | – | – | – | $3.41M | – | – |
| Russia | – | $0 | $16.08M | $73.09M | $155.19M | $104.85M | $89.94M | $71.18M | $61.22M | $40.94M | – | – |
| Sweden | – | – | – | – | – | – | – | – | $32.16M | $23.84M | – | – |
| Canada | – | $88.35M | $97.98M | $114.91M | $96.65M | $68.42M | $68.30M | $69.84M | $57.13M | $59.19M | – | – |
| Italy | – | – | – | – | – | – | – | – | $6.51M | $4.05M | – | – |
| Belgium | – | – | – | – | – | – | – | – | $8.73M | $8.63M | – | – |
| China | – | – | – | – | – | – | – | – | $7.38M | $4.48M | – | – |
| Hong Kong SAR China | – | – | – | – | – | – | – | – | $19.80M | $21.01M | – | – |
| Ireland | – | – | – | – | – | – | – | – | $8.67M | $5.17M | – | – |
| United Arab Emirates | – | – | – | – | – | – | – | – | $12.40M | $3.62M | – | – |
| APAC | – | – | – | – | – | $114.70M | $100.47M | $81.70M | – | – | – | – |
| CEE | – | $0 | $22.96M | $79.21M | $168.04M | $114.70M | $100.47M | – | – | – | – | – |
From the segment and revenue-disaggregation notes of EPAM Systems's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.