EPAM Systems, Inc. filings document the regulatory record of a global digital and AI transformation services company. Form 8-K reports cover quarterly and annual operating results, investor presentations furnished under Regulation FD, material agreements, capital-structure disclosures, and other material events tied to the company’s software engineering, platform, consulting, and AI-native services business.
The company’s proxy materials describe board elections, stockholder meeting matters, executive compensation, equity incentive plans, and governance practices. Other filings address restricted stock unit awards, risk factors, financial-condition disclosures, and the controls and exhibits associated with EPAM’s public reporting as an NYSE-listed issuer.
EPAM Systems, Inc. reported Q2 2026 revenue of $1.415 billion, up 4.5% year over year, and first-half revenue of $2.815 billion, a 6.0% increase from 2025. Income from operations rose to $152.2 million for the quarter and $269.0 million for the first half, expanding margins to 10.8% and 9.6% of revenue.
Net income was $102.979 million for Q2 and $185.500 million year to date, with diluted EPS increasing to $1.97 for the quarter and $3.49 for the first six months from $1.56 and $2.84 a year earlier, helped by operating leverage and share repurchases under the $1,000 million 2025 repurchase program, including a $300.0 million accelerated share repurchase.
Cash, cash equivalents and restricted cash declined to $794,287 as of June 30 2026 from $1,301,377 at the beginning of the period, as $38,784 was used in operating activities and $425,349 in financing activities, largely share repurchases. The company has $25,000 of debt outstanding against $700,000 of revolving capacity and continues to manage geopolitical exposure in Ukraine and Belarus while honoring its $100.0 million humanitarian commitment, with $4.6 million remaining to be expensed.
EPAM Systems, Inc. reported results for the second quarter ended June 30, 2026, with revenue of $1.415 billion, up 4.5% year-over-year. On an organic constant currency basis, revenue grew 3.4%. GAAP income from operations was $152.2 million, or 10.8% of revenues, and non-GAAP income from operations was $232.7 million, or 16.4% of revenues.
GAAP diluted EPS was $1.97, an increase of $0.41, or 26.3%, while non-GAAP diluted EPS was $3.38, up $0.61, or 22.0%, both compared to the second quarter of 2025. Cash, cash equivalents and restricted cash totaled $794.3 million as of June 30, 2026, and the company spent $85 million on share repurchases in the quarter and $409 million in the first six months of 2026.
For full-year 2026, EPAM expects revenue growth of 3.2% to 4.2% and organic constant currency revenue growth of 2.0% to 3.0%. GAAP diluted EPS is projected at $8.22 to $8.38 and non-GAAP diluted EPS at $13.08 to $13.24. For the third quarter, revenue guidance is $1.410 billion to $1.425 billion, with GAAP diluted EPS of $2.33 to $2.41 and non-GAAP diluted EPS of $3.38 to $3.46.
Vanguard Capital Management LLC, together with certain affiliated Vanguard entities, reports beneficial ownership of 2,679,443 shares of EPAM Systems Inc common stock on a Schedule 13G/A, representing 5.12% of the outstanding class as of June 30, 2026. Vanguard has sole voting power over 404,052 shares and sole dispositive power over all 2,679,443 shares, with no shared voting or dispositive power. The filing clarifies that the reported holdings include securities held by Vanguard funds and managed accounts over which the listed Vanguard entities exercise voting and/or dispositive authority, and exclude positions of other Vanguard affiliates whose ownership is disaggregated under SEC guidance.
BlackRock, Inc. reports beneficial ownership of 6,217,584 shares of EPAM Systems common stock, representing 11.9% of the class as of 06/30/2026. The filing shows sole voting power over 6,093,914 shares and sole dispositive power over 6,217,584. It aggregates holdings of Reporting Business Units and notes iShares Core S&P Small‑Cap ETF as a holder with interest greater than 5%.
EPAM Systems, Inc. Schedule 13G/A amendment shows institutional holdings reported by Ameriprise Financial, Inc. and Columbia Management Investment Advisers, LLC as of the cover information. Ameriprise reports 5,505,506 shares with 10.5% and Columbia reports 5,405,848 shares with 10.3%. The filing states shared voting and shared dispositive power figures and includes exhibits identifying the subsidiary and a joint filing agreement.
EPAM Systems, Inc. reported results of its 2026 annual meeting. Stockholders approved expanding the 2025 Long Term Incentive Plan by 4,000,000 shares of common stock and increasing the 2021 Employee Stock Purchase Plan by 650,000 shares, effective May 21, 2026.
Stockholders also approved amendments to the company’s certificate of incorporation to enable adoption of the right of stockholders to call a special meeting, along with conforming bylaw changes. All four Class II director nominees were elected and Deloitte & Touche LLP was ratified as independent auditor for 2026.
Stockholders approved, on an advisory basis, executive compensation for 2025 and the amendments to both equity plans. An advisory stockholder proposal titled “Give Shareholders an Ability to Call for a Special Shareholder Meeting” did not receive stockholder approval. As of the April 1, 2026 record date, 52,756,846 shares were entitled to vote.
Vargo Ronald P reported acquisition or exercise transactions in this Form 4 filing.
EPAM Systems, Inc. director Ronald P. Vargo received an equity grant in the form of 2,132 restricted stock units of EPAM common stock. These units were awarded under the company’s Non-Employee Director Compensation Policy and will vest on the first anniversary of the grant date. Following this award, Vargo directly holds 13,058 shares of EPAM common stock.
EPAM Systems director Roman Eugene reported routine equity compensation activity. He received a grant of 2,132 restricted stock units under the EPAM Non-Employee Director Compensation Policy, which will vest on the first anniversary of the grant date. When previously granted restricted stock units vested, 673 shares of EPAM common stock were withheld by the company to satisfy related tax obligations, rather than sold on the open market. After these transactions, Eugene directly holds 3,867 shares of EPAM common stock.
EPAM Systems, Inc. director Richard Michael Mayoras reported an equity grant in the form of restricted stock units. He acquired 2,132 shares of EPAM common stock at a stated price of $0.00 per share as a compensation-related award, not an open-market purchase or sale.
The award was granted under the EPAM Systems, Inc. Non-Employee Director Compensation Policy and consists of restricted stock units that will vest on the first anniversary of the grant date. Following this award, Mayoras directly holds 12,825 shares of EPAM common stock.
McMahon Chandra reported acquisition or exercise transactions in this Form 4 filing.
EPAM Systems, Inc. director Chandra McMahon received an equity award in the form of restricted stock units. The grant covers 2,132 shares of EPAM Common Stock at no purchase price and was made under the company’s Non-Employee Director Compensation Policy. Following this award, McMahon directly holds 5,890 shares, and the restricted stock units will vest on the first anniversary of the grant date.