{"schema_version":"secwatch.filing_event.v1","accession":"0001352010-25-000012","form_type":"8-K","ticker":"EPAM","cik":"0001352010","company_name":"EPAM Systems, Inc.","filed_at":"2025-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.048735+00:00","generated_at":"2026-05-22T03:38:17.463045+00:00","sec_items":["2.02","5.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"EPAM Q1 revenue up 11.7% to $1.302B; raises FY2025 guidance; CEO succession planned","bullets":["Q1 revenue $1.302B (+11.7% YoY); GAAP op income $99.3M (7.6% rev); non-GAAP op income $175.8M (13.5% rev).","GAAP diluted EPS $1.28 (down $0.69 YoY); non-GAAP diluted EPS $2.41 (down $0.05 YoY).","FY2025 revenue growth outlook raised to 11.5%-14.5% (reported), 2.0%-5.0% organic constant currency.","CEO Arkadiy Dobkin to become Executive Chairman; Balazs Fejes named CEO effective Sept 1, 2025.","Company repurchased $160M shares in Q1; cash & equivalents $1.179B."],"urls":{"canonical":"https://secwatch.observer/filing/0001352010-25-000012","json":"https://secwatch.observer/filing/0001352010-25-000012.json","markdown":"https://secwatch.observer/filing/0001352010-25-000012.md","text":"https://secwatch.observer/filing/0001352010-25-000012.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1352010/000135201025000012/0001352010-25-000012-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1352010/000135201025000012/epam-20250508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T03:38:17.463045+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":[{"claim_id":"829e114245","claim":"Arkadiy Dobkin changed role as Executive Chairman at EPAM Systems, Inc..","evidence_excerpt":"Arkadiy Dobkin, the Company’s Chief Executive Officer and President, will transition to the role of Executive Chairman on September 1, 2025","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1352010/000135201025000012/0001352010-25-000012-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"transitioned"},{"label":"Role","value":"Executive Chairman"}],"fact_type":"executive_change"},{"claim_id":"8f220b64d8","claim":"Balazs Fejes was appointed as Chief Executive Officer and President at EPAM Systems, Inc..","evidence_excerpt":"Balazs Fejes, the Company’s current President of Global Business and Chief Revenue Officer, will become Chief Executive Officer and President as of the Effective Date.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1352010/000135201025000012/0001352010-25-000012-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Chief Executive Officer and President"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}