Welcome to our dedicated page for EPAM Systems SEC filings (Ticker: EPAM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
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 filed its Q3 2025 report, showing higher sales but lower profit year over year. Revenue for the quarter rose to $1,394.4 million from $1,167.5 million, while diluted EPS was $1.91 versus $2.37 a year ago as cost of revenues and operating expenses increased. Nine‑month revenue reached $4,049.5 million with net income of $268.3 million.
EPAM ended the quarter with $1,239.1 million in cash and cash equivalents and $25.0 million of borrowings outstanding. Operating cash flow for the first nine months was $372.0 million, and the company spent $438.6 million on share repurchases. Shares outstanding were 55.2 million as of October 31, 2025.
The company updated liquidity with a new revolving credit facility executed on October 3, 2025, maturing in 2030, with $700.0 million capacity and potential upsize to $1.2 billion. EPAM continued integrating NEORIS and First Derivative and completed a small 2025 acquisition (purchase price $8.8 million) adding customer relationships. The 2025 Cost Optimization Program is underway with additional ~$14.0 million of charges expected and completion targeted by the end of Q1 2026. Under its $100 million humanitarian commitment, EPAM expensed $4.0 million in Q3 and $12.2 million year to date, with $12.5 million remaining.
EPAM Systems (EPAM) reported that it furnished, via an 8-K, a press release and an investor infographic discussing results for the third quarter ended September 30, 2025. These materials are attached as Exhibits 99.1 and 99.2. The information was provided under Item 2.02 and is deemed furnished, not filed, under the Exchange Act, and is not incorporated by reference unless expressly stated.
EPAM Systems (EPAM) insider transaction: A company officer reported a sale of EPAM common stock. On 10/21/2025, the SVP/Co-Head of Global Business disposed of 1,511 shares in open-market transactions at a weighted average price of $150.27. The sales occurred across multiple trades within a price range of $150.00 to $151.36. The filing notes that detailed trade-by-trade pricing within this range is available upon request. Ownership is reported as direct, and the filing was made by one reporting person.
EPAM Systems (EPAM) reported an insider transaction via an amended Form 4. An officer sold 10,079 shares of common stock on 10/02/2025 at a $150.86 weighted average price, with trades ranging from $150.32 to $151.34. Following the sale, the reporting person directly beneficially owned 1,657.23 shares.
The amendment corrects the post-transaction holdings to reflect shares forfeited on August 29, 2025. The officer’s role is listed as SVP/Co-Head of Global Business.
EPAM Systems (EPAM) insider filing: An officer reported amended transactions. On 04/30/2025, 56.23 shares of common stock were acquired under the 2021 Employee Stock Purchase Plan at $133.37. On 08/29/2025, 1,178 shares were withheld to cover taxes from RSU vesting at $174.18. Also on 08/29/2025, 4,695 shares were forfeited without payment in connection with the officer’s separation. Following these transactions, directly held shares were 11,736.23.
EPAM Systems (EPAM) received a Form 144 notice for a proposed sale of 1,511 common shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of $227,064.01. The filing lists an approximate sale date of 10/21/2025 on the NYSE.
The shares were acquired via restricted stock vesting under a registered plan on 08/29/2025 (1,471 shares) and 04/30/2024 (40 shares). The notice also reports a prior sale in the last three months of 10,079 shares on 10/02/2025 for $1,520,533.08.
EPAM Systems announced that its Board of Directors approved a common stock repurchase program authorizing the company to buy back up to $1 billion of EPAM Systems, Inc. common stock. The announcement was made via press release on October 21, 2025, which is included as Exhibit 99.1.
A repurchase authorization permits the company to acquire shares in the market or otherwise, reducing the public float when executed. The filing does not provide further terms beyond the authorization and timing will depend on future decisions and conditions.
EPAM Systems, Inc. has entered into a new amended and restated credit agreement providing a five-year $700 million revolving credit facility. The agreement, led by PNC Bank as administrative agent, can be increased to up to $1.2 billion if lenders agree and conditions are met, giving EPAM flexible borrowing capacity. Borrowings can be made in U.S. dollars and, up to $250 million, in several major foreign currencies, with interest based on SOFR plus a margin tied to EPAM’s leverage ratio.
The facility includes customary covenants and events of default, including leverage limits generally capping the company’s leverage ratio at 3.50 to 1.00, which may rise to 4.00 to 1.00 in certain cases. It also restricts additional debt, guarantees, asset sales, investments, and M&A activity above set thresholds. This 2025 Revolving Facility and Credit Agreement replace EPAM’s prior 2021 credit facility.
EPAM Systems, Inc. filed a Form 144 reporting a proposed sale of 10,079 common shares through Morgan Stanley Smith Barney LLC with an approximate aggregate market value of $1,520,533.06. The filing lists the intended sale date as 10/02/2025 on the NYSE and shows 55,696,909 shares outstanding for the class. The shares to be sold were originally acquired through multiple grants of restricted stock that vested on specific dates between 02/02/2021 and 03/15/2025, with individual lots listed and the nature of payment noted as Services Rendered. The filer certifies no undisclosed material adverse information and indicates there were no securities sold by the account holder in the past three months.
Sergey Yezhkov, SVP/Co-Head of Global Business at EPAM Systems (EPAM), reports routine insider transactions. He purchased shares under EPAM's 2021 Employee Stock Purchase Plan for the November 1, 2024–April 30, 2025 purchase period at a reported per‑share price of $133.37, increasing his beneficial ownership to approximately 17,609.23 shares. The filing also shows 1,178 shares were withheld by the issuer to satisfy tax withholding on vested restricted stock units at an implied value of $174.18 per share, reducing his reported beneficial ownership to 16,431.23 shares. The ESPP purchase is reported as eligible for the Rule 10b5‑1 affirmative defense and is exempt from Rule 16b‑3(c).