---
schema_version: "secwatch.filing_event.v1"
accession: "0001352010-25-000053"
form_type: "8-K"
ticker: "EPAM"
cik: "0001352010"
company_name: "EPAM Systems, Inc."
filed_at: "2025-11-06T23:59:59+00:00"
generated_at: "2026-05-16T23:28:38.993295+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# EPAM Q3 rev $1.394B (+19.4% YoY); raises FY rev growth to 15%, EPS to $6.75-6.83; new $1B buyback

## Summary
- Q3 GAAP EPS $1.91 (-19.4% YoY); non-GAAP EPS $3.08 (-1.3% YoY). GAAP op margin 10.4%; non-GAAP 16.0%.
- Organic constant currency revenue growth 7.1% YoY in Q3; full-year organic outlook raised to 4.6% midpoint.
- FY 2025 revenue guidance raised to $5.430-5.445B (15.0% YoY midpoint, up from prior 14.0%). GAAP EPS $6.75-6.83; non-GAAP $11.36-11.44.
- Board authorized new $1.0B share repurchase plan (Oct 16, 2025); Q3 bought $82.1M in stock.
- Headcount ~62,350; delivery professionals up 0.5% QoQ. Cash & equivalents $1.244B.

## SEC filing metadata
- accession: 0001352010-25-000053
- form_type: 8-K
- ticker: EPAM
- cik: 0001352010
- company_name: EPAM Systems, Inc.
- filed_at: 2025-11-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1352010/000135201025000053/0001352010-25-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1352010/000135201025000053/epam-20251106.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001352010-25-000053
- JSON: https://secwatch.observer/filing/0001352010-25-000053.json
- Plain text: https://secwatch.observer/filing/0001352010-25-000053.txt

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