Company Analysis

Epam Systems, Inc. (EPAM)

NYSE: EPAM · Services-Computer Programming Services · Newtown, PA · filing with the SEC since 2006
Grade6.3
◀ Past 7.2● Present 6.9▶ Future 5.3

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 26, 2026Feb 28, 2025Feb 22, 2024Feb 24, 2023Feb 25, 2022Feb 25, 2021Mar 2, 2020Feb 26, 2019Feb 27, 2018Mar 1, 2017
Revenue5,457,0564,727,9404,690,5404,824,6983,758,1442,659,4782,293,7981,842,9121,450,4481,160,132
Cost of revenue3,883,5353,277,4973,256,5143,286,6832,483,6971,732,5221,488,1981,186,921921,352737,186
Selling, general and administrative928,707816,300815,065872,777648,736484,758457,433373,587327,588r265,863r
Operating income520,003544,584501,239572,966542,316379,324302,850245,764172,946133,696
Interest and investment income·······3,5224,6014,848
Income before income taxes505,624584,412536,585507,258533,392378,479299,526249,773174,305126,466
Income tax expense127,946129,879119,50287,84251,74051,31938,4699,517101,54527,200
Net income including non-controlling interests··417,083419,416481,652327,160261,057···
Net income377,678454,533417,083419,416481,652327,160261,057240,25672,76099,266
Net income to common shareholders377,678454,533417,083419,416481,652327,160261,057···
Earnings per share, basic6.767.937.217.328.525.874.774.481.401.97
Earnings per share, diluted6.727.847.067.098.155.604.534.241.321.87
Weighted average shares, basic55,893,00057,288,00057,829,00057,291,00056,511,00055,727,00054,719,000r53,623,00052,077,01150,309,000
Weighted average shares, diluted56,233,00057,983,00059,085,00059,169,00059,064,00058,446,00057,668,000r56,673,00054,984,17353,215,000
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfRevenue
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeNet
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton EPAM · research, not advice