EPAM Systems Inc (N:EPAM)

Sector:  Technology Industry:  IT Services & Consulting
 
See Regulatory Filings on SEC
Company Contact
Address: SUITE 202, 41 UNIVERSITY DRIVE
NEWTOWN PA 18940
Tel: 1-267-7599000
Website: https://www.epam.com
IR: See website
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Key People
Arkadiy Dobkin
Chairman of the Board, President, Chief Executive Officer
Gary C. Abrahams
Chief Accounting Officer, Vice President, Corporate Controller
Jason Peterson
Chief Financial Officer, Senior Vice President, Treasurer
Balazs Fejes
President - EU and APAC Markets
Larry Solomon
Senior Vice President, Chief People Officer
Elaina Shekhter
Senior Vice President, Chief Marketing Officer and Strategy Officer
Edward Fenwick Rockwell
Senior Vice President, General Counsel, Corporate Secretary
Viktar Dvorkin
Senior Vice President, Head - Global Delivery
Boris Shnayder
Senior Vice President, Co-Head - Global Business
Sergey Yezhkov
Senior Vice President, Co-Head - Global Business
   
Business Overview
EPAM Systems, Inc. is a provider of digital engineering, cloud, and artificial intelligence-enabled transformation services. The Company's software product and platform development services including product research, customer experience design and prototyping, program management, component design and integration, full lifecycle software testing, product deployment and end-user customization, performance tuning, product support and maintenance, managed services, as well as cross-platform migration and modernizing legacy platforms. The Company operates through three segments: North America, Europe, and Russia. It offers complex software product development services to address the constant need for innovation and agility among software and technology companies. The Company partner with global pharmaceutical, medical and scientific technology, biotechnology companies and retail pharmacies to deliver sophisticated scientific informatics and enterprise technology solutions.
Financial Overview
For the fiscal year ended 31 December 2023, EPAM Systems Inc revenues decreased 3% to $4.69B. Net income decreased 1% to $417.1M. Revenues reflect North America segment decrease of 5% to $2.77B, Russia segment decrease of 78% to $16.1M, United States segment decrease of 5% to $2.63B, Russia segment decrease of 79% to $13.3M, United Kingdom (Country) segment decrease of 6% to $585.2M.
Employees: 53,150 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $11,557M as of Dec 31, 2023
Annual revenue (TTM): $4,691M as of Dec 31, 2023
EBITDA (TTM): $668.29M as of Dec 31, 2023
Net annual income (TTM): $417.08M as of Dec 31, 2023
Free cash flow (TTM): $534.22M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 57,995,329 as of Mar 14, 2024
Index Membership: S&P 500
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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