EPAM Systems Quarterly Income Statement
NYSE: EPAMTechnologyEDP ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
EPAM Systems revenue and earnings
In the quarter ended Jun 30, 2026, EPAM Systems generated $1.41 billion in revenue, up 4.5% from the same quarter a year earlier. Net income was $103.0 million (+17.0% year over year), for a net margin of 7.3% versus a median of 6.5% in the prior 5 quarters. Gross margin was 30.4% (up from 28.8%) and operating margin 10.8%.
Diluted earnings per share came in at $1.97, up from $1.56.
Summary generated from market data by MetaCap's automated system. Methodology
EPAM Systems income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.41B | 1.40B | 1.41B | 1.39B | 1.35B | 1.30B | 1.25B | 1.17B | 1.15B | 1.17B | 1.16B | 1.15B |
| Revenue growth (YoY) | +4.53% | +7.56% | +12.75% | +19.43% | +18.04% | +11.69% | +7.87% | +1.34% | -2.02% | -3.76% | -6.01% | -6.10% |
| Cost of Revenue | 985.20M | 1.01B | 984.35M | 983.17M | 964.01M | 952.01M | 868.31M | 763.99M | 810.86M | 834.33M | 797.63M | 794.26M |
| Gross Profit | 429.57M | 388.01M | 423.20M | 411.20M | 389.43M | 349.68M | 380.04M | 403.54M | 335.74M | 331.13M | 359.62M | 357.87M |
| Operating Expenses | 277.35M | 271.24M | 273.95M | 266.26M | 262.95M | 250.35M | 243.53M | 226.56M | 215.18M | 220.60M | 237.13M | 243.84M |
| Selling, General & Admin | 245.25M | 239.70M | 243.16M | 234.95M | 231.68M | 218.92M | 216.97M | 206.82M | 194.06M | 198.45M | 213.97M | 194.83M |
| Operating Income | 152.22M | 116.77M | 149.25M | 144.94M | 126.48M | 99.33M | 136.51M | 176.98M | 120.56M | 110.53M | 122.49M | 114.03M |
| Pretax Income | 140.55M | 120.65M | 143.82M | 143.62M | 123.77M | 94.42M | 137.33M | 189.62M | 133.81M | 123.66M | 127.40M | 131.85M |
| Income Tax | 37.57M | 38.13M | 34.47M | 36.80M | 35.74M | 20.93M | 34.03M | 53.27M | 35.16M | 7.41M | 29.85M | 34.65M |
| Net Income | 102.98M | 82.52M | 109.35M | 106.82M | 88.03M | 73.48M | 103.30M | 136.35M | 98.64M | 116.24M | 97.55M | 97.20M |
| Net Income growth (YoY) | +16.99% | +12.30% | +5.86% | -21.66% | -10.76% | -36.79% | +5.89% | +40.27% | -17.82% | +13.64% | -37.08% | -37.71% |
| EPS (Basic) | 1.97 | 1.53 | 1.99 | 1.92 | 1.56 | 1.29 | 1.81 | 2.40 | 1.71 | 2.01 | 1.69 | 1.68 |
| EPS (Diluted) | 1.97 | 1.52 | 1.97 | 1.91 | 1.56 | 1.28 | 1.80 | 2.37 | 1.70 | 1.97 | 1.65 | 1.65 |
| Shares Outstanding (Basic) | 52.20M | 53.79M | — | 55.56M | 56.32M | 56.78M | — | 56.91M | 57.59M | 57.84M | — | 57.85M |
| Shares Outstanding (Diluted) | 52.27M | 54.18M | — | 55.82M | 56.54M | 57.26M | — | 57.42M | 58.15M | 58.93M | — | 58.95M |
| EBITDA | 184.32M | 148.31M | 180.04M | 176.26M | 157.75M | 130.77M | 163.07M | 196.72M | 141.68M | 132.68M | 145.65M | 137.12M |
| Gross Margin | 30.36% | 27.71% | 30.07% | 29.49% | 28.77% | 26.86% | 30.44% | 34.56% | 29.28% | 28.41% | 31.08% | 31.06% |
| Operating Margin | 10.76% | 8.34% | 10.60% | 10.39% | 9.34% | 7.63% | 10.94% | 15.16% | 10.51% | 9.48% | 10.58% | 9.90% |
| Net Margin | 7.28% | 5.89% | 7.77% | 7.66% | 6.50% | 5.65% | 8.27% | 11.68% | 8.60% | 9.97% | 8.43% | 8.44% |
This table shows 12 quarterly periods of EPAM Systems's income statement, from Q2 2026 back to Q3 2023, across 17 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow EPAM's reporting calendar. What is a income statement?