EPAM Systems (EPAM) vs Pegasystems (PEGA)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
EPAM Systems (EPAM) has outperformed Pegasystems (PEGA) over the past year, losing 24.6% versus a loss of 36.9%. Over five years, PEGA leads with a -45.1% price change compared with -81.6% for EPAM. EPAM Systems is the larger company by market cap ($5.87 billion vs $5.83 billion), about 1.0 times the size, while Pegasystems is growing revenue faster (+16.6% vs +15.4%).
On valuation, EPAM Systems trades at a lower forward P/E (8.1x vs 13.6x for Pegasystems). Pegasystems pays a dividend yielding 0.34%, while EPAM Systems does not currently pay one. Pegasystems converts more of its revenue into profit, with a net margin of 22.5% versus 6.9%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | EPAM | PEGA |
|---|---|---|
| Share price | $113.86 | $35.49 |
| Market cap | $5.87B | $5.83B |
| 1-day change | +5.11% | +3.32% |
| YTD return | -44.43% | -40.57% |
| 1-year return | -24.63% | -36.85% |
| 5-year return | -81.61% | -45.13% |
| P/E ratio (TTM) | 15.45 | 20.05 |
| Forward P/E | 8.10 | 13.65 |
| EPS (TTM) | $7.37 | $1.77 |
| Dividend yield | 0.00% | 0.34% |
| Annual dividend | $0.00 | $0.12 |
| Revenue (latest FY) | $5.46B | $1.75B |
| Revenue growth (YoY) | +15.42% | +16.61% |
| Net income (latest FY) | $377.68M | $393.44M |
| Gross margin | 28.83% | 75.86% |
| Operating margin | 9.53% | 15.07% |
| Net margin | 6.92% | 22.54% |
| 52-week high | $222.53 | $68.10 |
| 52-week low | $73.06 | $25.10 |
| Distance from 52-week high | -48.83% | -47.89% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +7.87% | +16.74% |
| Average volume | 1.34M | 2.55M |
| Shares outstanding | 51.59M | 164.40M |
| Employees | 62,850 | 5,598 |
| Sector | Technology | Technology |
| Industry | EDP Services | EDP Services |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- EPAM has outperformed PEGA by 12.2 percentage points over the past year.
- Pegasystems trades at a higher earnings multiple (20.1x vs 15.4x trailing P/E).
- Pegasystems is more profitable, keeping 22.5 cents of every revenue dollar as net income versus 6.9 cents for EPAM Systems.
About EPAM Systems
EPAM stock →EPAM Systems, Inc. provides digital platform engineering and software development services worldwide.
Technology · EDP Services · 62,850 employees
About Pegasystems
PEGA stock →Pegasystems Inc. develops, markets, licenses, hosts, and supports enterprise software in the United States, rest of the Americas, the United Kingdom, rest of Europe, the Middle East, Africa, and the Asia-Pacific.
Technology · EDP Services · 5,598 employees
EPAM vs PEGA FAQ
Which is bigger, EPAM Systems or Pegasystems?
EPAM Systems (EPAM) is larger, with a market capitalization of $5.87B compared with $5.83B for Pegasystems (PEGA).
Which stock has performed better over the past year, EPAM or PEGA?
EPAM returned -24.63% over the past 12 months, compared with -36.85% for PEGA (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EPAM or PEGA?
EPAM has the lower trailing P/E at 15.4, versus 20.1 for PEGA. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, EPAM Systems or Pegasystems?
Pegasystems pays a dividend yielding 0.34%, while EPAM Systems does not currently pay a regular dividend.
Are EPAM Systems and Pegasystems in the same industry?
Yes. Both are classified in the EDP Services industry within the Technology sector.