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.
Newtown, US
Size (employees)
25,962 (est)+16%
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
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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
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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.

Revenue (Q1, 2018)

424.1 m

Gross profit (Q1, 2018)

146.5 m

Gross profit margin (Q1, 2018), %


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)


Cash (31-Mar-2018)

535.9 m


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


730 m914.1 m1.2 b1.5 b

Revenue growth, %


Cost of goods sold

456.5 m566.9 m737.2 m921.4 m

Gross profit

273.5 m347.2 m422.9 m529.1 m
USDFY, 2014FY, 2015FY, 2016FY, 2017


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
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018


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
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
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
USDY, 2018


121.8 x


809.4 x

Financial Leverage

1.3 x
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EPAM Systems Operating Metrics

Mar, 2016Q1, 2017Feb, 2018


20 25



Number of GitHub Commits

61 k
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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

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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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EPAM Systems Online and Social Media Presence

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