---
schema_version: "secwatch.filing_event.v1"
accession: "0001352010-24-000024"
form_type: "8-K"
ticker: "EPAM"
cik: "0001352010"
company_name: "EPAM Systems, Inc."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T10:45:04.300646+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# EPAM Q2 revenue $1.147B (-2% YoY); narrows FY24 guidance; new $500M buyback

## Summary
- Q2 GAAP diluted EPS $1.70 (-$0.33 YoY); non-GAAP diluted EPS $2.45 (-$0.19 YoY).
- Q2 revenue $1.147B, down 2.0% YoY; organic constant currency down 2.8%.
- FY24 revenue guidance narrowed to $4.590-$4.625B; GAAP EPS $7.18-$7.38, non-GAAP EPS $10.20-$10.40.
- Q3 revenue guidance $1.145-$1.155B; GAAP EPS $1.75-$1.83, non-GAAP EPS $2.65-$2.73.
- Board approved new $500M share repurchase program (24-month term); prior $500M program exhausted.

## SEC filing metadata
- accession: 0001352010-24-000024
- form_type: 8-K
- ticker: EPAM
- cik: 0001352010
- company_name: EPAM Systems, Inc.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1352010/000135201024000024/0001352010-24-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1352010/000135201024000024/epam-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001352010-24-000024
- JSON: https://secwatch.observer/filing/0001352010-24-000024.json
- Plain text: https://secwatch.observer/filing/0001352010-24-000024.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.