How does EPAM Systems (EPAM) make money?

EPAM Systems (EPAM) primarily makes money through Financial Services Sector, which accounts for 27.7% of total revenue. For TTM through Q4 2025, EPAM Systems generated $5.46B in total revenue with a net profit margin of 6.9%.

What is EPAM Systems (EPAM) gross profit margin?

EPAM Systems (EPAM) reported a gross profit margin of 28.3% for TTM through Q4 2025, equivalent to $1.54B in gross profit. This means EPAM Systems retains 28.3% of each revenue unit after direct costs of production.

What is EPAM Systems (EPAM) operating profit margin?

EPAM Systems (EPAM) reported an operating profit margin of 9.7% for TTM through Q4 2025, equivalent to $531.10M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is EPAM Systems (EPAM) net profit margin?

EPAM Systems (EPAM) reported a net profit margin of 6.9% for TTM through Q4 2025, equivalent to $377.68M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does EPAM Systems (EPAM) spend on capital expenditures?

EPAM Systems (EPAM) spent $42.24M on capital expenditures in TTM through Q4 2025 (0.8% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is EPAM Systems (EPAM) free cash flow?

EPAM Systems (EPAM) generated $612.69M in free cash flow for TTM through Q4 2025 (11.2% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is EPAM Systems (EPAM) effective tax rate?

EPAM Systems (EPAM) had an effective tax rate of 25.3% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

How EPAM Systems (EPAM) Makes Money: A Visual Guide

EPAM Systems (EPAM) generated $5.46B in revenue, earning $377.68M in net profit (6.9% margin). Its largest revenue source is Financial Services Sector (27.7% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

EPAM Systems (EPAM) Income Statement Flow — TTM through Q4 2025

Calculated from the four most recent reported quarters, ending December 31, 2025 (reported February 26, 2026).

Frequently asked questions

How does EPAM Systems (EPAM) make money?: EPAM Systems (EPAM) primarily makes money through Financial Services Sector, which accounts for 27.7% of total revenue. For TTM through Q4 2025, EPAM Systems generated $5.46B in total revenue with a net profit margin of 6.9%.
What is EPAM Systems (EPAM) gross profit margin?: EPAM Systems (EPAM) reported a gross profit margin of 28.3% for TTM through Q4 2025, equivalent to $1.54B in gross profit. This means EPAM Systems retains 28.3% of each revenue unit after direct costs of production.
What is EPAM Systems (EPAM) operating profit margin?: EPAM Systems (EPAM) reported an operating profit margin of 9.7% for TTM through Q4 2025, equivalent to $531.10M in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is EPAM Systems (EPAM) net profit margin?: EPAM Systems (EPAM) reported a net profit margin of 6.9% for TTM through Q4 2025, equivalent to $377.68M in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does EPAM Systems (EPAM) spend on capital expenditures?: EPAM Systems (EPAM) spent $42.24M on capital expenditures in TTM through Q4 2025 (0.8% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is EPAM Systems (EPAM) free cash flow?: EPAM Systems (EPAM) generated $612.69M in free cash flow for TTM through Q4 2025 (11.2% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is EPAM Systems (EPAM) effective tax rate?: EPAM Systems (EPAM) had an effective tax rate of 25.3% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?: Based on company filings through TTM through Q4 2025.