EPAM Systems, Inc.
For the period ended Nov 5, 2026. Filed Nov 5, 2026.
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Nov 5, 2026 · Filed Nov 5, 2026
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EPAM$159.31-3.9%Stored close · as of Nov 6, 2026
Contents
EX-99.1 · (In thousands, except per share data)
(In thousands, except per share data)
| Three Months EndedSeptember 30, | Nine Months EndedSeptember 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenues | $1,426,430 | $1,394,373 | $4,241,258 | $4,049,508 |
| Operating expenses: | ||||
| Cost of revenues (exclusive of depreciation and amortization) | 980,493 | 983,169 | 2,977,744 | 2,899,189 |
| Selling, general and administrative expenses | 237,389 | 234,948 | 722,336 | 685,546 |
| Depreciation and amortization expense | 32,620 | 31,313 | 96,260 | 94,024 |
| Income from operations | 175,928 | 144,943 | 444,918 | 370,749 |
| Interest and other income (loss), net | (907) | 2,302 | (1,146) | 11,635 |
| Foreign exchange gain (loss) | 1,315 | (3,627) | (6,237) | (20,581) |
| Income before provision for income taxes | 176,336 | 143,618 | 437,535 | 361,803 |
| Provision for income taxes | 46,025 | 36,802 | 121,724 | 93,479 |
| Net income | $130,311 | $106,816 | $315,811 | $268,324 |
| Net income per share: | ||||
| Basic | $2.53 | $1.92 | $6.02 | $4.77 |
| Diluted | $2.53 | $1.91 | $6.00 | $4.75 |
| Shares used in calculation of net income per share: | ||||
| Basic | 51,428 | 55,557 | 52,464 | 56,214 |
| Diluted | 51,469 | 55,817 | 52,630 | 56,534 |
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