EPAM Systems
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EPAM Systems

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    • Business ServicesTechnologyconsumer softwareenterprise softwareit consultingit servicesoutsourcing
    EPAM Systems is a global provider of software product development and digital platform engineering services to clients located around the world. The Company provides custom developed technology, tools and platforms to deliver results for the most complex business challenges and focuses on building long-term partnerships with clients in industries such as financial services, travel and consumer, software and hi-tech, media and entertainment, life sciences and healthcare. EPAM System's service offerings cover the full software product development lifecycle from digital strategy and customer experience design to enterprise application platforms implementation and program management services, and from complex software development services to maintenance, support, custom application development, application testing and infrastructure management.
    Revenue(FY, 2017)
    $1.5 B
    Market capitalization(2018-06-22)
    $6.4 B
    Type
    Public
    HQ
    Newtown, US
    Founded
    1993
    Size (employees)
    25,962 (est)+16%
    Website
    epam.com
    EPAM Systems was founded in 1993 and is headquartered in Newtown, US
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    Key People/Management at EPAM Systems

    Arkadiy Dobkin

    Arkadiy Dobkin

    EPAM CEO & President
    Jason Peterson

    Jason Peterson

    Chief Financial Officer, SVP & Treasurer
    Balazs Fejes

    Balazs Fejes

    Co-Head Global Business, EVP
    Boris Shnayder

    Boris Shnayder

    Co-Head of Global Business, SVP
    Sergey Yezhkov

    Sergey Yezhkov

    Co-Head Global Business, SVP
    Jason Harman

    Jason Harman

    Co-Head Global Business, SVP
    Show more

    EPAM Systems Office Locations

    EPAM Systems has offices in Dubai, Opfikon, Stockholm, Singapore and in 19 other locations
    Newtown, US (HQ)
    202, 41 University Dr
    Yerevan, AM
    15 Khorenatsi Street, Elite Plaza Business Center
    Wien, AT
    11 Nottendorfer G.
    Minsk, BY
    1/1 Academician Kuprevich Street, Suite 110
    Sofia, BG
    69 Bulgaria Blvd., Infinity Tower
    Ottawa, CA
    343 Preston St
    Show all (23)
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    EPAM Systems Financials and Metrics

    EPAM Systems Financials

    EPAM Systems's revenue was reported to be $1.45 b in FY, 2017 which is a 25% increase from the previous period.
    USD

    Revenue (Q1, 2018)

    		424.1 m

    Gross profit (Q1, 2018)

    		146.5 m

    Gross profit margin (Q1, 2018), %

    		34.5%

    Net income (Q1, 2018)

    		64.4 m

    EBIT (Q1, 2018)

    		48.7 m

    Market capitalization (22-Jun-2018)

    		6.4 b

    Closing share price (22-Jun-2018)

    		120.7

    Cash (31-Mar-2018)

    		535.9 m

    EV

    		5.9 b
    EPAM Systems's current market capitalization is $6.4 b.
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Revenue

    		730 m914.1 m1.2 b1.5 b

    Revenue growth, %

    		32%25%27%25%

    Cost of goods sold

    		456.5 m566.9 m737.2 m921.4 m

    Gross profit

    		273.5 m347.2 m422.9 m529.1 m
    Quarterly
    USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

    Revenue

    		200 m217.8 m236 m264.5 m283.8 m298.3 m324.7 m349 m377.5 m424.1 m

    Cost of goods sold

    		125.9 m134.3 m148.5 m167.4 m180.8 m190.8 m207.7 m220.1 m239.4 m277.6 m

    Gross profit

    		74.2 m83.5 m87.6 m97.1 m103.1 m107.5 m116.9 m128.8 m138.2 m146.5 m

    Gross profit Margin, %

    		37%38%37%37%36%36%36%37%37%35%
    show all
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Cash

    		220.5 m199.4 m362 m582.6 m

    Accounts Receivable

    		124.5 m174.6 m200 m265.6 m

    Prepaid Expenses

    		9.3 m14.3 m15.7 m23.2 m

    Current Assets

    		415.1 m528.9 m646.6 m960 m
    Quarterly
    USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

    Cash

    		192.4 m175.7 m214.4 m244.9 m280.7 m330.6 m398.4 m443.5 m512.5 m535.9 m

    Accounts Receivable

    		104.7 m134.9 m125.7 m157.5 m178.8 m187.8 m176.7 m208.3 m230.1 m262.3 m

    Prepaid Expenses

    		14.4 m19.6 m20.2 m19.3 m15.3 m32.2 m26.7 m23.3 m31.6 m33.2 m

    Current Assets

    		433.8 m457 m500.1 m552.2 m573.5 m635.7 m708 m788.5 m883.7 m970.2 m
    show all
    Annual
    USDFY, 2014FY, 2015FY, 2016FY, 2017

    Net Income

    		69.6 m84.5 m99.3 m72.8 m

    Depreciation and Amortization

    		17.5 m17.4 m23.4 m28.6 m

    Accounts Payable

    		(2.6 m)(2.8 m)741 k1.2 m

    Cash From Operating Activities

    		104.9 m76.4 m164.8 m195.4 m
    Quarterly
    USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

    Net Income

    		14.7 m33.9 m56.8 m23.9 m48.3 m74.5 m23.6 m61 m64.4 m

    Depreciation and Amortization

    		4.2 m8.1 m12.5 m5.1 m11.2 m17.2 m6.7 m13.7 m8.2 m

    Accounts Payable

    		9.7 m7.7 m8.1 m671 k461 k2 m77 k518 k2.5 m

    Cash From Operating Activities

    		6.9 m9 m64.6 m10.9 m49.4 m111.2 m31.2 m59.1 m7.3 m
    show all
    USDY, 2018

    EV/EBIT

    		121.8 x

    EV/CFO

    		809.4 x

    Financial Leverage

    		1.3 x
    Show all financial metrics

    EPAM Systems Operating Metrics

    Mar, 2016Q1, 2017Feb, 2018

    Countries

    		20 25

    Clients

    		200

    Number of GitHub Commits

    		61 k
    Show all operating metrics

    EPAM Systems Acquisitions / Subsidiaries

    Acquired CompanyDateDeal Size
    Dextrys (293)June 21, 2016
    Alliance Global Services November 17, 2015$50 m
    Navigation Arts July 13, 2015
    Great Fridays October 13, 2014
    GGA Software Services June 06, 2014
    Joint Technology Development April 30, 2014
    Netsoft USA March 20, 2014
    Empathy Lab December 21, 2012
    Thoughtcorp May 23, 2012
    Instant Information September 21, 2010
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    EPAM Systems Revenue Breakdown

    Embed Graph

    EPAM Systems revenue breakdown by geographic segment: 40.8% from Europe, 54.8% from North America and 4.3% from Other

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    Competitors

    Accenture
    Business Services - Public
    Apalon
    Technology - Subsidiary
    Teqniksoft
    Technology - Private
    WorkFusion
    Technology - Private
    Altoros Systems
    Business Services - Private
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    EPAM Systems Online and Social Media Presence

    Embed Graph
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    EPAM Systems News and Updates

    May 09, 2018

    EPAM Systems 2018 Q1 - Results - Earnings Call Slides

    May 09, 2018

    EPAM Systems' (EPAM) CEO Arkadiy Dobkin on Q1 2018 Results - Earnings Call Transcript

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