---
schema_version: "secwatch.filing_event.v1"
accession: "0001352010-26-000026"
form_type: "8-K"
ticker: "EPAM"
cik: "0001352010"
company_name: "EPAM Systems, Inc."
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:27:50.158224+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001352010-26-000026
- form_type: 8-K
- ticker: EPAM
- cik: 0001352010
- company_name: EPAM Systems, Inc.
- filed_at: 2026-05-07T23:59:59+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/1352010/000135201026000026/0001352010-26-000026-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000026/epam-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001352010-26-000026
- JSON: https://secwatch.observer/filing/0001352010-26-000026.json
- Plain text: https://secwatch.observer/filing/0001352010-26-000026.txt

## Source-grounded claims
- claim_id: 28ce36f15d7ae6e505f9eaa123554b4979d4f6a7
  claim: 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.
  evidence_excerpt: The Company expects revenues will be in the range of $1.400 billion to $1.415 billion for the second quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000026/0001352010-26-000026-index.htm
- claim_id: 943d9d22fe839092b66ba651753711449866f745
  claim: EPAM Systems, Inc. reported first quarter ended March 31, 2026 results: revenue $1.400 billion, EPS GAAP diluted EPS of $1.52.
  evidence_excerpt: First quarter revenues of $1.400 billion, up 7.6% year-over-year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000026/0001352010-26-000026-index.htm
- claim_id: bd1770827deda1af48c5c355efbdfa1b3e2ac838
  claim: EPAM Systems, Inc. reported full year 2026 results: EPS GAAP diluted EPS to be in the range of $8.29 to $8.59.
  evidence_excerpt: 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%
  evidence_url: https://www.sec.gov/Archives/edgar/data/1352010/000135201026000026/0001352010-26-000026-index.htm

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