EPAM Systems

Established in 1993, EPAM Systems, Inc. (NYSE: EPAM) is recognized as a leader in software product development by independent research agencies. Headquartered in the United States, EPAM serves clients worldwide utilizing its award-winning global delivery platform and its locations in 20 countries across North America, Europe, Asia and Australia. EPAM was ranked #6 in 2013 America's 25 Fastest-Growing Tech Companies and #3 in 2014 America’s Best Small Companies lists by Forbes Magazine.
Company Growth (employees)
Newtown, US
Size (employees)
22,383 (est)+22%
EPAM Systems was founded in 1993 and is headquartered in Newtown, US

Key People at EPAM Systems

Arkadiy Dobkin

Arkadiy Dobkin

CEO & President
Balazs Fejes

Balazs Fejes

SVP, Global Head Of Financial Services Business Unit
Victor Drovkin

Victor Drovkin

Head, North American Business Unit
Vasily Agafonov

Vasily Agafonov

Head, Commonwealth of Independent States Business Unit

EPAM Systems Office Locations

EPAM Systems has offices in Newtown, Moscow, London and Minsk
Newtown, US (HQ)
202 41 University Dr
Minsk, BY
1/1 Academician Kuprevich Street
London, GB
12 Tokenhouse Yard
Moscow, RU
Building 2, 9th Radialnaya Street

EPAM Systems Data and Metrics

EPAM Systems Financial Metrics

EPAM Systems's revenue was reported to be $1.2 b in FY, 2016 which is a 27% increase from the previous period.
Numbers are in $, USD

Revenue (FY, 2016)

1.2 b

Revenue growth (FY, 2015 - FY, 2016), %


Gross profit (FY, 2016)

422.9 m

Gross profit margin (FY, 2016), %


Net income (FY, 2016)

99.3 m

EBIT (FY, 2016)

133.7 m

Market capitalization (26-May-2017)

4.4 b

Closing share price (26-May-2017)


Cash (31-Dec-2016)

362 m
EPAM Systems's current market capitalization is $4.4 b.
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016


555.1 m730 m914.1 m1.2 b

Revenue growth, %


Cost of goods sold

566.9 m737.2 m

Gross profit

207.5 m273.5 m347.2 m422.9 m

Gross profit Margin, %



76.5 m86.2 m106 m133.7 m

EBIT margin, %


Interest income

4.7 m4.8 m

Pre tax profit

106.1 m126.5 m

Net Income

62 m69.6 m84.5 m99.3 m
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016


169.2 m220.5 m199.4 m362 m

Accounts Receivable


Current Assets

331 m415.1 m528.9 m646.6 m


53.3 m55.1 m60.5 m73.6 m


22.3 m57.4 m115.9 m109.3 m

Total Assets

432.9 m594 m778.5 m925.8 m

Accounts Payable

2.8 m4.6 m2.6 m3.2 m

Current Liabilities

54.7 m125.4 m127.9 m116.2 m

Additional Paid-in Capital

195.6 m229.5 m303.4 m374.9 m

Retained Earnings

191 m260.6 m345.1 m444.3 m

Total Equity

376.1 m613.2 m781.4 m

Financial Leverage

1.2 x1.3 x1.2 x
Numbers are in $, USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

62 m69.6 m84.5 m99.3 m

Depreciation and Amortization

15.1 m17.5 m17.4 m23.4 m

Accounts Receivable

(17 m)(30 m)(48 m)(31 m)


Accounts Payable

(2.9 m)(2.6 m)(2.8 m)741 k

Cash From Operating Activities

58.2 m104.9 m76.4 m164.8 m

Purchases of PP&E

(13.4 m)(11.9 m)(13.3 m)(29.3 m)

Cash From Investing Activities

(21.8 m)(52.9 m)(125.5 m)(9.3 m)

Long-term Borrowings

(30.1 m)

Cash From Financing Activities

10.3 m33.8 m10.5 m

Income Taxes Paid

10.2 m11.8 m25.1 m37.5 m
Y, 2016

Financial Leverage

1.2 x

EPAM Systems Market Value History

EPAM Systems Median Salaries

Source: 602 public H-1B filings from EPAM Systems

EPAM Systems Online and Social Media Presence

EPAM Systems Company Life and Culture

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