Welcome to our dedicated page for EPAM SYSTEMS news (Ticker: EPAM), a resource for investors and traders seeking the latest updates and insights on EPAM SYSTEMS stock.
EPAM Systems, Inc. reports news on its global digital and AI transformation services business, including custom software, product and platform engineering, integrated consulting, and enterprise technology delivery. Company updates commonly cover quarterly results, revenue outlook, operating margins, earnings measures, and capital returns through share repurchases.
EPAM news also includes AI-native service initiatives, enterprise partnerships, ServiceNow development capabilities, Microsoft-aligned security services, and recognition in European IT sourcing studies. These developments reflect the company’s focus on engineering-led transformation work for large enterprises and other technology-driven clients.
EPAM (EPAM) delivered cloud infrastructure and applications for EuroCTP, the EU's first mandated consolidated tape provider for shares and ETFs. EuroCTP has been live since September 14, 2026. EPAM co-architected and built the cloud-native part of EuroCTP's hybrid infrastructure. It also developed data-processing tools using its TimeBase database and built customer-facing portals.
Engine Capital, which reports owning about 1.5% of EPAM Systems (NYSE: EPAM), has sent a letter to EPAM’s board arguing the shares are undervalued and urging the board to initiate a $750 million accelerated share repurchase program or consider a sale process if it will not buy back stock aggressively.
EPAM (NYSE: EPAM) announced a partnership with Wiz, now part of Google Cloud, to help enterprises reduce cloud risk and improve cyber resilience across complex multi-cloud environments. EPAM joined the Wiz Partner Alliance, combining Wiz's AI Application Protection Platform with EPAM's AI-native engineering and cloud modernization capabilities.
According to EPAM, Wiz's context-based risk intelligence and Wiz Security Graph will be integrated into EPAM's modernization and security programs across Google Cloud, AWS, Microsoft Azure and other clouds. EPAM and its White Hat unit will use Wiz findings plus Wiz AI agents (Red, Green, Blue) to move clients from risk visibility to prioritized remediation and sustained cyber resilience.
EPAM (NYSE: EPAM) reported second quarter 2026 revenues of $1.415 billion, up 4.5% year-over-year and 3.4% on an organic constant currency basis. GAAP income from operations was $152.2 million, or 10.8% of revenues, while non-GAAP income from operations was $232.7 million, or 16.4% of revenues.
GAAP diluted EPS was $1.97, up 26.3%, and non-GAAP diluted EPS was $3.38, up 22.0% year-over-year. EPAM used $85 million for share repurchases in Q2 and $409 million in the first half, ending June 30 with $794.3 million in cash, cash equivalents and restricted cash.
For full-year 2026, EPAM now expects revenue growth of 3.2%–4.2% (2.0%–3.0% organic constant currency), GAAP operating margin of 10.5%–11.0%, non-GAAP operating margin of 15.5%–16.0%, GAAP diluted EPS of $8.22–$8.38 and non-GAAP diluted EPS of $13.08–$13.24.
EPAM (NYSE: EPAM) has joined the OpenAI Partner Network as an OpenAI Advanced Partner to help global enterprises implement safer, scalable AI solutions. EPAM’s forward-deployed engineers will integrate OpenAI’s frontier models into clients’ applications, data and workflows while addressing security, governance and regulatory requirements.
According to EPAM, the companies will create specialized training to certify more than 5,000 consultants with 10,000+ credentials in the first year and support Global 2000 firms in moving from AI pilots to production, as illustrated by an enterprise-scale deployment for telecom provider 1&1.
EPAM (NYSE: EPAM) scheduled its second quarter 2026 earnings conference call for 8:00 a.m. ET on Thursday, August 6, 2026. A news release with financial results will be issued before the call, which will be webcast live on the company’s investor relations website.
EPAM (NYSE: EPAM) was named the 2026 Databricks Consulting & Systems Integrator AI Partner of the Year at the Data + AI Summit. The award highlights EPAM's role in helping enterprises across healthcare, retail, consumer goods, manufacturing and media operationalize Databricks-based AI, shorten decision cycles and build governed, conversational intelligence.
FedEx Freight Holding (NYSE: FDXF) will join the S&P 500, replacing EPAM Systems (NYSE: EPAM), before trading opens June 2, 2026. EPAM will move to the S&P SmallCap 600, replacing Shutterstock (NYSE: SSTK). Dave (NASD: DAVE) will join the SmallCap 600 on June 1, replacing American Woodmark (NASD: AMWD).
FedEx Corp. (NYSE: FDX) is spinning off FedEx Freight Holding, expected to complete June 1, while MasterBrand (NYSE: MBC) plans to acquire American Woodmark and Shutterstock is anticipated to be acquired.
EPAM (NYSE: EPAM) reported Q1 2026 revenue of $1.400 billion, up 7.6% year-over-year and +3.7% on an organic constant currency basis. GAAP operating margin was 8.3% and non-GAAP operating margin 14.3%. GAAP diluted EPS was $1.52 and non-GAAP diluted EPS was $2.86, each up about 19% YoY. The company repurchased $324 million of stock in Q1, including a $300 million ASR, and ended the quarter with $1.043 billion in cash. Full-year 2026 revenue growth guidance is now 4.0%–6.5% (2.5%–5.0% organic); GAAP EPS guidance $8.29–$8.59 and non-GAAP EPS $12.98–$13.28.
EPAM (NYSE: EPAM) announced a strategic multi-year partnership with Anthropic to deliver safe, enterprise-grade generative AI solutions. EPAM will build a dedicated Claude practice targeting 10,000+ Claude-certified architects, with 1,300 certified today, 5,000 targeted by end of Q3 2026 and further scale in 2027. Over 20,000 EPAMers have completed Anthropic training. The collaboration combines EPAM engineering delivery with Anthropic's Claude models, Claude Code, Claude Agent SDK and Claude Security to help clients move AI from experimentation to production.