EPAM Historical Income Statement

EPAM Stock  USD 178.98  0.67  0.38%   
Historical analysis of EPAM Systems income statement accounts such as Selling General Administrative of 857.1 M or Total Revenue of 5 B can show how well EPAM Systems performed in making a profits. Evaluating EPAM Systems income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of EPAM Systems's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining EPAM Systems latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether EPAM Systems is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EPAM Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in EPAM Stock, please use our How to Invest in EPAM Systems guide.

About EPAM Income Statement Analysis

EPAM Systems Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to EPAM Systems shareholders. The income statement also shows EPAM investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

EPAM Systems Income Statement Chart

At this time, EPAM Systems' EBIT is very stable compared to the past year. As of the 25th of March 2025, EBITDA is likely to grow to about 705.3 M, while Net Income From Continuing Ops is likely to drop about 262.4 M.

Total Revenue

Total revenue comprises all receipts EPAM Systems generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of EPAM Systems minus its cost of goods sold. It is profit before EPAM Systems operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of EPAM Systems. It is also known as EPAM Systems overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from EPAM Systems' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into EPAM Systems current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EPAM Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in EPAM Stock, please use our How to Invest in EPAM Systems guide.At this time, EPAM Systems' EBIT is very stable compared to the past year. As of the 25th of March 2025, EBITDA is likely to grow to about 705.3 M, while Net Income From Continuing Ops is likely to drop about 262.4 M.
 2022 2023 2024 2025 (projected)
Gross Profit1.5B1.3B1.5B1.5B
Total Revenue4.8B4.7B4.7B5.0B

EPAM Systems income statement Correlations

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0.970.490.991.01.00.991.01.00.990.990.990.220.980.830.93-0.84-0.51-0.510.750.770.660.880.9
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0.680.10.780.810.750.810.730.770.750.830.760.790.690.730.840.64-0.86-0.72-0.720.760.960.710.6
0.550.120.680.710.650.720.610.660.640.730.670.680.720.610.810.49-0.83-0.79-0.790.710.960.640.5
0.90.610.850.860.850.860.860.880.890.860.840.880.350.870.710.88-0.7-0.38-0.380.70.710.640.87
0.870.60.870.870.890.860.90.90.90.860.870.90.220.930.590.9-0.61-0.38-0.380.510.60.50.87
Click cells to compare fundamentals

EPAM Systems Account Relationship Matchups

EPAM Systems income statement Accounts

202020212022202320242025 (projected)
Depreciation And Amortization129.2M145.1M140.0M132.7M127.1M133.5M
Interest Expense5.5M1.7M10.0M2.8M3.2M2.6M
Selling General Administrative484.8M648.7M872.8M806.0M816.3M857.1M
Total Revenue2.7B3.8B4.8B4.7B4.7B5.0B
Gross Profit927.0M1.3B1.5B1.3B1.5B1.5B
Other Operating Expenses2.3B3.2B4.3B4.2B4.2B4.4B
Operating Income379.3M542.3M573.0M501.2M544.6M571.8M
Ebit379.3M471.6M573.0M536.6M544.6M571.8M
Ebitda508.6M616.8M713.0M669.3M671.7M705.3M
Cost Of Revenue1.7B2.5B3.3B3.4B3.3B3.4B
Total Operating Expenses547.6M732.1M965.0M815.1M905.9M951.2M
Income Before Tax378.5M533.4M507.3M536.6M584.4M613.6M
Total Other Income Expense Net(845K)(8.9M)(65.7M)35.3M39.8M41.8M
Net Income Applicable To Common Shares261.1M327.2M481.7M419.4M482.3M506.4M
Net Income327.2M481.7M419.4M417.1M454.5M477.3M
Income Tax Expense51.3M51.7M87.8M119.5M129.9M136.4M
Net Income From Continuing Ops327.2M481.7M419.4M474.6M454.5M262.4M
Non Operating Income Net Other(3.3M)(845K)(8.9M)(65.7M)(59.1M)(56.2M)
Tax Provision51.3M51.7M87.8M135.8M129.9M72.0M
Interest Income3.3M3.8M10.0M51.1M46.9M49.2M
Net Interest Income3.8M(1.7M)10.0M41.5M46.9M49.2M
Reconciled Depreciation129.2M83.4M92.3M133.1M127.1M100.6M

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When determining whether EPAM Systems is a strong investment it is important to analyze EPAM Systems' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact EPAM Systems' future performance. For an informed investment choice regarding EPAM Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EPAM Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
To learn how to invest in EPAM Stock, please use our How to Invest in EPAM Systems guide.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is IT Consulting & Other Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EPAM Systems. If investors know EPAM will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EPAM Systems listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.083
Earnings Share
7.85
Revenue Per Share
82.529
Quarterly Revenue Growth
0.079
Return On Equity
0.128
The market value of EPAM Systems is measured differently than its book value, which is the value of EPAM that is recorded on the company's balance sheet. Investors also form their own opinion of EPAM Systems' value that differs from its market value or its book value, called intrinsic value, which is EPAM Systems' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EPAM Systems' market value can be influenced by many factors that don't directly affect EPAM Systems' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EPAM Systems' value and its price as these two are different measures arrived at by different means. Investors typically determine if EPAM Systems is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EPAM Systems' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.