EPAM Systems, Inc. (EPAM) Stock Analysis

Company Overview

EPAM Systems, Inc. (EPAM) is capitalised at $6.91B on the latest close. The company sits in the Technology sector, in the Information Technology Services industry. The company reports 62,850 employees.

The most recent close on file for EPAM is $134.00, dated October 21, 2026. That is +$3.32 (+2.54%) against the previous close. The 52-week range on file runs from $73.06 to $222.53. The latest close sits 83.41% above that 52-week low.

Financial Health

In fiscal 2025, EPAM Systems, Inc. reported revenue of $5.46B. That is +15.42% against the prior fiscal year, when revenue was $4.73B. The same year closed with net income of $377.68M. That is −16.91% against the prior fiscal year. Profit margin runs at 7.15%. That is 4.9 percentage points above the Information Technology Services median of 2.3%. Trailing earnings per share are 7.37.

Across the 4 fiscal years on file, revenue moves from $4.82B in 2022 to $5.46B in 2025. Of those 4 years, 4 report positive net income.

Valuation Assessment

On trailing earnings, the shares are priced at 18.18 times earnings. That is 0% above the Information Technology Services median of 18.18. The forward P/E on file is 9.56. The PEG ratio, which sets the P/E against expected earnings growth, reads 0.7. Measured against sales, the shares trade at 1.23 times revenue. On price-to-sales that is 0% above the Information Technology Services median of 1.23. 81 Information Technology Services companies report these metrics, and the medians quoted come from that group.

The reported beta is 1.39. Annualized volatility over the trailing 10 years is 46.65%. The trailing one-year total return is −13.59%. Across 10 years the annualized return works out at +7.78%.

Growth & Income

The record shows no dividend for EPAM.

So far in 2026 the total return is −34.60%. The strongest complete calendar year on file is 2021 at +86.54%; the weakest is 2022 at −50.97%. Of the 9 complete calendar years on file, 5 finished higher.