EPAM Systems, Inc.
NYSE: EPAM
Stock price
111.85 USD
(+0%) TODAY
Financial Performance
5Y price score: (115)
The price score is a basic measure of the stock's performance against the S&P 500 Index over a five-year period.
A score of 100 indicates that the stock did as well as the S&P 500 Index.
A score below 100 means the stock underperformed the index, while a score above 100 means it outperformed the S&P 500.
10Y return: 65.9%
US$ Per
Share
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73.0
52-week range
222.5
Your model inputs
Your fair value & Margin of safety
To calculate fair value based on cost of capital and terminal growth assumptions above, please select free cash flow forecast.
Forecast:
Valuation
Free Cash Flow Yield
7.7 %
Dividend Yield TTM
-
Market cap $
$ 5,844
Price / Earnings TTM
15.2
Price / Book TTM
1.7
PEG TTM
0.6
Earnings growth and return
LTM
5YR
10YR
Total return (price & dividends)
(35.2) %
(82) %
65.9 %
Free cash flow per share growth
(144.3) %
33.9 %
869.4 %
Earnings per share growth
26.3 %
20 %
314.8 %
Founded: 1,993
Employees: 53,150
Business Summary:
Latest Earnings Call Takeaways
2026 Q2 (Aug 6, 2026)
1) Strategy & Leadership
- EPAM's CEO, Balazs Fejes, emphasized the company's commitment to leveraging AI as a transformative force in their operations.
- The company is focusing on three strategic pillars: leading in AI native software engineering, becoming a full-stack AI native organization, and transforming their go-to-market strategy.
- EPAM has joined the OpenAI Partner Network and is committed to training over 10,000 specialists in AI capabilities.
2) Financial & Segment Results
- Q2 2026 revenue reached $1.415 billion, a 4.5% YoY increase, with organic constant currency growth of 3.4%.
- AI native revenues exceeded $160 million, marking the sixth consecutive quarter of double-digit sequential growth and representing over 11% of total revenue.
- Financial Services was the fastest-growing vertical, up 11.5% YoY, driven by AI-led modernization. Life Sciences & Healthcare also grew 8% YoY.
- However, Software & Hi-Tech and Business Information & Media segments declined by 1.3% and 2.1% respectively, primarily due to project ramp downs.
3) Problems / Headwinds
- North America is underperforming, with growth expectations lowered for the second half of the year due to a shift in client spending from traditional services to AI-led modernization.
- The company faces challenges in its go-to-market strategy, particularly in North America, where it is restructuring to better meet client needs.
- Decision-making cycles remain prolonged, influenced by external factors such as the geopolitical climate.
4) Operational or Product Plans
- EPAM is actively working on a multi-quarter commercial transformation to enhance its sales capabilities and client engagement in North America.
- The company is focusing on building a larger sales force and developing domain-led go-to-market motions.
- There is a strong pipeline of AI-led opportunities, although none have been signed yet, with expectations for revenue contributions starting in early 2027.
5) Guidance & Outlook / Investor Angle
- EPAM has revised its 2026 revenue growth guidance to 3.2% to 4.2%, with organic constant currency growth expected to be 2% to 3%.
- GAAP diluted EPS is projected to be between $8.22 to $8.38, reflecting over 14% YoY growth at the midpoint.
- The company expects modest sequential growth in Q3 and flattish revenues from Q3 to Q4, indicating a cautious outlook for the remainder of the year.
Bottom line: EPAM is navigating a challenging environment, particularly in North America, but remains committed to its long-term strategy focused on AI transformation. The company's strong performance in AI native revenues and ongoing operational improvements provide a foundation for future growth, although short-term headwinds may impact results.
Annual Reports, Presentations And IR Contacts
Go to the websiteEPAM Systems, Inc. — Financial Overview, Stock Price, Market Cap
EPAM Systems, Inc. is a company. Founded in 1993. As of August 26, 2026, the company's market capitalization is $5843541844 with a current stock price of $111.85.