EPAM Q1 revenue $1.4B up 7.6% YoY; non-GAAP EPS $2.86 beats; raises full-year guidance

EPAM Systems, Inc.

2026-Q1 EPS reported $1.52 revenue$1,400,061,000

Revenue $1.400B (+7.6% YoY); GAAP EPS $1.52 (+18.8%); non-GAAP EPS $2.86 (+18.7%).
GAAP operating margin 8.3%; non-GAAP operating margin 14.3%; cash used in ops $36.4M.
Spent $324M on share repurchases in Q1, including $300M accelerated share repurchase.
Full-year guidance raised: revenue growth 4.0%-6.5%; GAAP EPS $8.29-$8.59; non-GAAP EPS $12.98-$13.28.
Q2 outlook: revenue $1.400-$1.415B; GAAP EPS $1.79-$1.87; non-GAAP EPS $3.10-$3.18.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

EPAM Systems, Inc. reported second quarter 2026 results: revenue $1.400 billion to $1.415 billion, EPS GAAP diluted EPS will be in the range of $1.79 to $1.87.

Period: second quarter 2026
Revenue: $1.400 billion to $1.415 billion
EPS: GAAP diluted EPS will be in the range of $1.79 to $1.87
Result: guidance update

Exact text from the filing

The Company expects revenues will be in the range of $1.400 billion to $1.415 billion for the second quarter

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

EPAM Systems, Inc. reported first quarter ended March 31, 2026 results: revenue $1.400 billion, EPS GAAP diluted EPS of $1.52.

Period: first quarter ended March 31, 2026
Revenue: $1.400 billion
EPS: GAAP diluted EPS of $1.52
Result: reported results

Exact text from the filing

First quarter revenues of $1.400 billion, up 7.6% year-over-year

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Earnings Releases SEC 8-K Item 2.02 confidence 0.95

EPAM Systems, Inc. reported full year 2026 results: EPS GAAP diluted EPS to be in the range of $8.29 to $8.59.

Period: full year 2026
EPS: GAAP diluted EPS to be in the range of $8.29 to $8.59
Result: guidance update

Exact text from the filing

The Company now expects the year-over-year revenue growth rate to be in the range of 4.0% to 6.5% for 2026 and now expects the year-over-year revenue growth rate on an organic constant currency basis to be in the range of 2.5% to 5.0%

View on SEC.gov

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Source: SEC EDGAR

accession 0001352010-26-000026

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