secwatch.observer — SEC 8-K summary
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Issuer:     EPAM Systems, Inc. (EPAM)
CIK:        0001352010
Form:       8-K
Filed at:   2025-11-06T23:59:59+00:00
Accession:  0001352010-25-000053
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1352010/000135201025000053/0001352010-25-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1352010/000135201025000053/epam-20251106.htm
  HTML page:      https://secwatch.observer/filing/0001352010-25-000053

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