EPAM Systems, Inc.
EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation…
Information Technology Services
US, Newtown [HQ]
EPAM/Financial Reporting
Income Statements
15 Sheets · Starting from 2023In Million USD. Margins, Growth Rates In %
| Metric | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 149.00 | 221.00 | 334.00 | 433.00 | 555.00 | 730.00 | 914.00 | 1,160.00 | 1,450.00 | 1,842.00 | 2,293.00 | 2,659.00 | 3,758.00 | 4,824.00 | 4,690.00 | |
|
EPS
|
0.23 | 0.84 | 0.29 | 1.27 | 1.35 | 1.48 | 1.73 | 1.97 | 1.40 | 4.24 | 4.77 | 5.87 | 8.52 | 7.32 | 7.21 | |
| Diluted in mil. | 0.22 | 0.75 | 0.29 | 1.17 | 1.28 | 1.40 | 1.62 | 1.87 | 1.32 | 4.24 | 4.53 | 5.60 | 8.15 | 7.09 | 7.06 | |
|
Profit
|
61.00 | 89.00 | 129.00 | 163.00 | 207.00 | 273.00 | 347.00 | 422.00 | 529.00 | 655.00 | 805.00 | 926.00 | 1,274.00 | 1,538.00 | 1,342.00 | |
| Gross Margin | 41.29 | 40.26 | 38.62 | 37.68 | 37.37 | 37.46 | 37.98 | 36.46 | 36.48 | 35.60 | 35.12 | 34.85 | 33.91 | 31.88 | 28.62 | |
| Pre Tax | 14.00 | 31.00 | 52.00 | 65.00 | 76.00 | 86.00 | 106.00 | 126.00 | 174.00 | 249.00 | 299.00 | 378.00 | 533.00 | 507.00 | 536.00 | |
| Profit Margin | 9.61 | 14.02 | 15.78 | 15.18 | 13.83 | 11.91 | 11.60 | 10.90 | 12.02 | 13.55 | 13.06 | 14.23 | 14.19 | 10.51 | 11.44 | |
| ETR | 6.10 | 8.96 | 15.99 | 17.28 | 19.25 | 19.91 | 20.38 | 21.51 | 58.26 | 3.81 | 12.84 | 13.56 | 9.70 | 17.32 | 22.27 | |
| Net | 13.00 | 28.00 | 44.00 | 54.00 | 61.00 | 69.00 | 84.00 | 99.00 | 72.00 | 240.00 | 261.00 | 327.00 | 481.00 | 419.00 | 417.00 | |
| Profit Margin | 9.02 | 12.76 | 13.26 | 12.56 | 11.17 | 9.54 | 9.24 | 8.56 | 5.02 | 13.04 | 11.38 | 12.30 | 12.82 | 8.69 | 8.89 | |
| EBITDA | 21.00 | 39.00 | 65.00 | 78.00 | 94.00 | 112.00 | 127.00 | 169.00 | 204.00 | 281.00 | 360.00 | 446.00 | 632.00 | 740.00 | 618.00 | |
| EBITDA Margin | 14.56 | 17.85 | 19.60 | 18.20 | 17.01 | 15.36 | 14.00 | 14.58 | 14.12 | 15.30 | 15.70 | 16.80 | 16.84 | 15.36 | 13.20 | |
| Operating Income | 15.00 | 32.00 | 55.00 | 66.00 | 76.00 | 86.00 | 105.00 | 133.00 | 172.00 | 245.00 | 302.00 | 379.00 | 542.00 | 572.00 | 527.00 | |
| Operating Margin | 10.66 | 14.78 | 16.44 | 15.22 | 13.78 | 11.81 | 11.59 | 11.52 | 11.92 | 13.34 | 13.20 | 14.26 | 14.43 | 11.88 | 11.24 | |
| Interest Income | - - | - - | 1.00 | - - | - - | - - | - - | - - | - - | - - | 10.00 | 3.00 | 7.00 | 22.00 | 53.00 | |
| Loss | -133.00 | -189.00 | -277.00 | -367.00 | -478.00 | -641.00 | -808.00 | -1,026.00 | -1,277.00 | -1,597.00 | -1,990.00 | -2,280.00 | -3,215.00 | -4,251.00 | -4,163.00 | |
| Cost of Revenue | -88.00 | -132.00 | -205.00 | -270.00 | -347.00 | -456.00 | -566.00 | -737.00 | -921.00 | -1,186.00 | -1,488.00 | -1,732.00 | -2,483.00 | -3,286.00 | -3,348.00 | |
|
Operating Expenses
|
-45.00 | -56.00 | -72.00 | -97.00 | -130.00 | -185.00 | -241.00 | -289.00 | -356.00 | -410.00 | -502.00 | -547.00 | -732.00 | -965.00 | -815.00 | |
| R&D | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| G&A | - - | - - | - - | -85.00 | -116.00 | -163.00 | -222.00 | -264.00 | -324.00 | -373.00 | - - | - - | - - | - - | - - | |
| SG&A | -39.00 | -47.00 | -64.00 | -85.00 | -116.00 | -163.00 | -222.00 | -264.00 | -324.00 | -373.00 | -457.00 | -484.00 | -648.00 | -872.00 | -815.00 | |
| S&M | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | |
| Depreciation and Amortization | -5.00 | -6.00 | -7.00 | -10.00 | -15.00 | -17.00 | -17.00 | -23.00 | -28.00 | -36.00 | -101.00 | -129.00 | -145.00 | -140.00 | -91.00 | |
| Interest Expenses | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | - - | -1.00 | -10.00 | - - | |
| Other Expenses | -1.00 | -2.00 | -5.00 | -2.00 | -2.00 | -6.00 | -4.00 | -12.00 | -3.00 | - - | -3.00 | - - | -8.00 | -65.00 | -9.00 | |
|
WA Shares Outstanding
|
16.00 | 17.00 | 17.00 | 40.00 | 45.00 | 47.00 | 48.00 | 50.00 | 52.00 | 56.00 | 57.00 | 55.00 | 56.00 | 57.00 | 57.00 | |
| Diluted | 18.00 | 20.00 | 18.00 | 43.00 | 48.00 | 49.00 | 51.00 | 53.00 | 54.00 | 56.00 | 57.00 | 58.00 | 59.00 | 59.00 | 59.00 |