EPAM Systems, Inc. (EPAM) stock
Close on Nov 12, 2026Market cap $8.45BP/E 20.5Yield –
EPAM Systems, Inc. grew revenue 6.6% to $5.65B over the twelve months to Sep 30, 2026. Operating income rose 17.1% to $594.17M, moving the operating margin from 9.6% to 10.5%. Free cash flow was $470.41M, up 2.5% from a year earlier. At the latest close the market valued the company at $8.45B, 20.5 times its earnings.
Key statistics
Valuation at the latest close; fundamentals over the trailing twelve months, balances at Sep 30, 2026
Valuation
- Market cap
- $8.45B
- P/E ratio
- 20.5
- Price to sales
- 1.50
- Price to book
- 2.35
- Dividend yield
- –
- Free cash flow yield
- 5.57%
Fundamentals
- Revenue
- $5.65B
- Net income
- $425.17M
- EPS, diluted
- $8.00
- Free cash flow
- $470.41M
- Book value per share
- $69.83
- Diluted shares
- 51M
Trading
- Next earnings
- Feb 18, 2027 (estimated, during market hours)
- Previous close
- $162.82
- Open
- $163.50
- Day's range
- $160.14 – $165.29
- Volume
- 796,720
- Average volume (20 days)
- 1,517,845
- Index membership
- S&P SmallCap 600, Russell 1000, Russell 3000
- Beta (5 years)
- 1.44
- 52-week range
- $73.06 – $222.53
- RSI (14 days)
- 70.3
- Volatility (1 year)
- 55.9%
- Relative volume
- 0.86×
- WACC
- 12.1%
On 2 of our idea lists: Buyback cannibals, Shareholder yield
Index membership is inferred from the holdings of funds that track each index (SPSM, IJR, IWB, IWV), as reported to the SEC for Jun 30, 2026. Join dates come from quarterly fund reports since 2019, so they are accurate to the quarter.
Market cap history
Month-end market cap since 2012, using shares outstanding reported at the time
Total return vs. the S&P 500
Price change plus reinvested dividends, to the close on Nov 12, 2026. The S&P 500 is measured by the SPY fund.
| Period | EPAM | S&P 500 | Difference | EPAM per year | S&P 500 per year |
|---|---|---|---|---|---|
| 1 month | +44.9% | -2.7% | +47.6 pts | ||
| 3 months | +63.4% | -1.7% | +65.1 pts | ||
| Year to date | -20.0% | +11.9% | −31.9 pts | ||
| 1 year | -9.0% | +12.0% | −21.0 pts | ||
| 3 years | -30.4% | +78.2% | −108.6 pts | -11.4% | +21.2% |
| 5 years | -75.6% | +73.2% | −148.8 pts | -24.6% | +11.6% |
| 10 years | +161.2% | +309.6% | −148.5 pts | +10.1% | +15.1% |
Fifteen years at a glance
Fiscal years 2011 to 2025 and trailing twelve months, USD
Revenue
Gross profit
Operating income
Net income
EPS, diluted
Free cash flow
Press releases
Releases EPAM Systems filed with the SEC as exhibits to Form 8-K or 6-K
- Results
- Results
- Results
- Update
- Update
- Results
About EPAM Systems
Services-Computer Programming Services
EPAM Systems provides digital engineering, cloud, cybersecurity, data, and artificial intelligence-enabled transformation services alongside strategy and experience consulting. The company architects, develops, and modernizes software platforms, helping enterprises implement AI, migrate data, enhance employee operations, and engineer digital experiences. EPAM organizes its capabilities across five primary industry verticals: Financial Services; Consumer Goods, Retail & Travel; Software & Hi-Tech; Business Information & Media; and Life Sciences & Healthcare, alongside various emerging verticals. Its customer base includes global enterprises, start-ups, financial institutions, technology brands, and healthcare organizations across diverse sectors.
Company profile, executives and historyEPAM Systems stock: common questions
What is EPAM Systems's stock price?
EPAM closed at $163.83 on Nov 12, 2026, up 0.62% on the day. Over the past 52 weeks it traded between $73.06 and $222.53.
What is EPAM Systems's market cap?
EPAM Systems was worth $8.45B at the close on Nov 12, 2026: the share price times the diluted shares outstanding.
What is EPAM's P/E ratio?
EPAM trades at 20.5 times earnings, based on diluted earnings per share of $8.00 over the twelve months to Sep 30, 2026.
How much revenue does EPAM Systems make?
EPAM Systems reported revenue of $5.65B for the twelve months to Sep 30, 2026, up 6.6% from a year earlier.
Does EPAM Systems pay a dividend?
No. EPAM Systems has not paid a cash dividend over the last twelve months.
When does EPAM Systems report earnings next?
EPAM Systems is expected to report Q4 FY2026 results on Feb 18, 2027, during market hours. The date is estimated from its past reporting pattern until the company confirms it.
How has EPAM stock performed over the past year?
Including dividends, EPAM returned -9.0% over the past year, against +12.0% for the S&P 500.
How many EPAM shares are sold short?
6M shares were sold short at the latest FINRA report, 13.02% of the float, or 6.1 days of average trading volume.
Who are EPAM Systems's competitors?
Companies most similar to EPAM Systems by business, industry and size include DOX, ZS, CTSH, INFY, DAVA.
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