FN2 Earnings Intelligence
EPAM Systems, Inc. cash flow
EPAM Systems, Inc. (EPAM) Cash Flow (annual) derived from persisted SEC financial facts.
Key Stats
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Market Cap | - | - | - | - | - | - | - |
| - Cash | $1,446.6 | $1,681.3 | $2,036.2 | $1,286.3 | $1,296.1 | - | - |
| + Debt | $46.3 | $30.6 | $29 | - | - | - | - |
| Enterprise Value | - | - | - | - | - | - | - |
| Revenue | $3,758.1 | $4,824.7 | $4,690.5 | $4,727.9 | $5,457.1 | $5,723.1 | $6,055.4 |
| % Growth | 41.3% | 28.4% | -2.8% | 0.8% | 15.4% | 4.9% | 5.8% |
| Gross Profit | $1,274.4 | $1,538 | $1,434 | $1,450.4 | $1,573.5 | - | - |
| % Margin | 33.9% | 31.9% | 30.6% | 30.7% | 28.8% | - | - |
| EBITDA | $625.7 | $665.2 | $593 | $634.1 | $644.8 | - | - |
| % Margin | 16.6% | 13.8% | 12.6% | 13.4% | 11.8% | - | - |
| Net Income | $481.7 | $419.4 | $417.1 | $454.5 | $377.7 | - | - |
| % Margin | 12.8% | 8.7% | 8.9% | 9.6% | 6.9% | - | - |
| Diluted EPS | $8.15 | $7.09 | $7.06 | $7.84 | $6.72 | $13.04 | $14.19 |
| % Growth | 45.5% | -13.0% | -0.4% | 11.0% | -14.3% | 94.1% | 8.8% |
| Operating Cash Flow | $572.3 | $464.1 | $562.6 | $559.2 | $654.9 | - | - |
| CapEx | $111.5 | $81.6 | $28.4 | $32.1 | $42.2 | - | - |
| Free Cash Flow | $460.8 | $382.5 | $534.2 | $527 | $612.7 | - | - |
Historical market capitalization is not persisted, so Market Cap and Enterprise Value remain unavailable rather than mixing today's market value into prior periods.
Income Statement
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 | 12/31/2026 est. | 12/31/2027 est. |
|---|---|---|---|---|---|---|---|
| Revenue | $3,758.1 | $4,824.7 | $4,690.5 | $4,727.9 | $5,457.1 | $5,723.1 | $6,055.4 |
| Gross Profit | $1,274.4 | $1,538 | $1,434 | $1,450.4 | $1,573.5 | - | - |
| EBITDA | $625.7 | $665.2 | $593 | $634.1 | $644.8 | - | - |
| Net Income | $481.7 | $419.4 | $417.1 | $454.5 | $377.7 | - | - |
| Diluted EPS | $8.15 | $7.09 | $7.06 | $7.84 | $6.72 | $13.04 | $14.19 |
Balance Sheet
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $1,446.6 | $1,681.3 | $2,036.2 | $1,286.3 | $1,296.1 |
| Short-term Debt | $16 | $2.9 | $2.9 | - | - |
| Long-term Debt | $30.2 | $27.7 | $26.1 | $25.2 | $25 |
| Total Debt | $46.3 | $30.6 | $29 | - | - |
Cash Flow
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $572.3 | $464.1 | $562.6 | $559.2 | $654.9 |
| Capital Expenditure | $111.5 | $81.6 | $28.4 | $32.1 | $42.2 |
| Free Cash Flow | $460.8 | $382.5 | $534.2 | $527 | $612.7 |
Ratios
USD in millions, except per-share values and percentages.
| Metric | 12/31/2021 | 12/31/2022 | 12/31/2023 | 12/31/2024 | 12/31/2025 |
|---|---|---|---|---|---|
| Revenue Growth | 41.3% | 28.4% | -2.8% | 0.8% | 15.4% |
| Gross Margin | 33.9% | 31.9% | 30.6% | 30.7% | 28.8% |
| EBITDA Margin | 16.6% | 13.8% | 12.6% | 13.4% | 11.8% |
| Net Margin | 12.8% | 8.7% | 8.9% | 9.6% | 6.9% |
| FCF Margin | 12.3% | 7.9% | 11.4% | 11.1% | 11.2% |
| Diluted EPS Growth | 45.5% | -13.0% | -0.4% | 11.0% | -14.3% |