EPAM Systems, Inc.

DB:E3M Stock Report

Market Cap: €5.1b

EPAM Systems Past Earnings Performance

Past criteria checks 2/6

EPAM Systems's earnings have been declining at an average annual rate of -2%, while the IT industry saw earnings growing at 5.4% annually. Revenues have been growing at an average rate of 7.8% per year. EPAM Systems's return on equity is 11.4%, and it has net margins of 7.2%.

Key information

-2.01%

Earnings growth rate

-1.68%

EPS growth rate

IT Industry Growth13.97%
Revenue growth rate7.78%
Return on equity11.41%
Net Margin7.15%
Last Earnings Update30 Jun 2026

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How EPAM Systems makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

DB:E3M Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 265,6174029010
31 Mar 265,5553878820
31 Dec 255,4573788680
30 Sep 255,2983728460
30 Jun 255,0714018090
31 Mar 254,8644127800
31 Dec 244,7284557590
30 Sep 244,6374497430
30 Jun 244,6214107430
31 Mar 244,6454317530
31 Dec 234,6914178010
30 Sep 234,7654757960
30 Jun 234,8395337710
31 Mar 234,8644328010
31 Dec 224,8254197820
30 Sep 224,7014077620
30 Jun 224,4623667620
31 Mar 224,1494626920
31 Dec 213,7584826450
30 Sep 213,3744255870
30 Jun 213,0383995340
31 Mar 212,7893514960
31 Dec 202,6593274850
30 Sep 202,5693164810
30 Jun 202,5052944830
31 Mar 202,4242864810
31 Dec 192,2942614570
30 Sep 192,1662464300
30 Jun 192,0462454040
31 Mar 191,9402373860
31 Dec 181,8432403740
30 Sep 181,7371493640
30 Jun 181,6471263520
31 Mar 181,5501143430
31 Dec 171,450733280
30 Sep 171,3651283070
30 Jun 171,2851122900
31 Mar 171,220992660
31 Dec 161,160992650
30 Sep 161,1071022390
30 Jun 161,045992260
31 Mar 16979942160
31 Dec 15914842000
30 Sep 15856751900

Quality Earnings: E3M has high quality earnings.

Growing Profit Margin: E3M's current net profit margins (7.2%) are lower than last year (7.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: E3M's earnings have declined by 2% per year over the past 5 years.

Accelerating Growth: E3M's earnings growth over the past year (0.1%) exceeds its 5-year average (-2% per year).

Earnings vs Industry: E3M earnings growth over the past year (0.1%) did not outperform the IT industry 9.2%.

Return on Equity

High ROE: E3M's Return on Equity (11.4%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/09/10 22:38
End of Day Share Price 2026/09/09 00:00
Earnings2026/06/30
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

EPAM Systems, Inc. is covered by 30 analysts. 19 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Georgios KertsosBerenberg
Tyler DuPontBofA Global Research
Jason KupferbergBofA Global Research