{"schema_version":"secwatch.filing_event.v1","accession":"0001352010-22-000032","form_type":"8-K","ticker":"EPAM","cik":"0001352010","company_name":"EPAM Systems, Inc.","filed_at":"2022-05-05T23:59:59+00:00","discovered_at":"2026-05-14T18:04:00.340175+00:00","generated_at":"2026-06-25T23:28:30.966405+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"EPAM Q1 revenue up 50% to $1.17B but GAAP EPS down 18%; Q2 guidance well below Q1","bullets":["Revenue $1.172B, +50.1% YoY (organic +40.1%, acquisitions +9.9%). GAAP income from ops 11% of revenue.","GAAP diluted EPS $1.52 (-18.3% YoY); Non-GAAP diluted EPS $2.49 (+37.6% YoY).","Q2 outlook: revenue at least $1.140B (+29% reported), GAAP EPS at least $0.73, Non-GAAP EPS at least $1.70.","Cash used by ops -$51.8M vs +$12.8M a year ago; total headcount ~61,600, delivery +41.8% YoY.","CEO cites Russian invasion of Ukraine as major disruption; accelerating global delivery diversification."],"urls":{"canonical":"https://secwatch.observer/filing/0001352010-22-000032","json":"https://secwatch.observer/filing/0001352010-22-000032.json","markdown":"https://secwatch.observer/filing/0001352010-22-000032.md","text":"https://secwatch.observer/filing/0001352010-22-000032.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1352010/000135201022000032/0001352010-22-000032-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1352010/000135201022000032/epam-20220505.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T23:28:30.966405+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}