secwatch.observer — SEC 8-K summary
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Issuer:     EPAM Systems, Inc. (EPAM)
CIK:        0001352010
Form:       8-K
Filed at:   2026-05-07T23:59:59+00:00
Accession:  0001352010-26-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1352010/000135201026000026/0001352010-26-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1352010/000135201026000026/epam-20260507.htm
  HTML page:      https://secwatch.observer/filing/0001352010-26-000026

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