EPAM Systems Inc
Research EPAM Systems Inc (EPAM) on Bullrun: valuation model: 46.8% undervalued, market cap USD 5.77B, P/E 15.1. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerEPAM
- ExchangeNYSE
- CountryUnited States
- SectorTechnology
- IndustryInformation Technology Services
- CurrencyUSD
- Valuation signal46.8% undervalued
- Market capUSD 5.77B
- P/E15.1
- Financial periodQ2 2026
- RevenueUSD 1.41B
- Net incomeUSD 102.98M
- Free cash flow-USD 17.64M
- Gross margin30.4%
Valuation Snapshot
Bullrun's latest valuation model marks EPAM Systems Inc as 46.8% undervalued; latest market cap is USD 5.77B; P/E is 15.1.
Peer valuation comparison
Latest P/E is 15.15x versus a Technology sector median of 28.57x (47.0% below).
Latest P/E is 15.15x versus a United States median of 24.87x (39.1% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 5.46B | USD 377.68M | USD 612.69M | 28.8% | 6.72 | USD 1.30B | USD 25.03M | USD 3.68B |
| FY2024 | USD 4.73B | USD 454.53M | USD 527.02M | 30.7% | 7.84 | USD 1.29B | USD 25.19M | USD 3.63B |
| FY2023 | USD 4.69B | USD 417.08M | USD 534.22M | 30.6% | 7.06 | USD 2.04B | USD 26.13M | USD 3.47B |
| FY2022 | USD 4.82B | USD 419.42M | USD 382.48M | 31.9% | 7.09 | USD 1.68B | USD 30.55M | USD 3.00B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-08-25 | USD 5.77B | 15.1 | n/a | n/a |
| 2025 | 2025-12-31 | USD 11.12B | 30.4 | n/a | n/a |
| 2024 | 2024-12-31 | USD 13.30B | 29.8 | n/a | n/a |
| 2023 | 2023-12-29 | USD 17.16B | 37.1 | n/a | n/a |
| 2022 | 2022-12-30 | USD 18.85B | 47.7 | n/a | n/a |
| 2021 | 2021-12-31 | USD 38.00B | 82.0 | n/a | n/a |
About EPAM Systems Inc
EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; cloud services for creating a roadmap to set and refine IT and business goals while identifying new and emerging opportunities leveraging cloud technologies; data, analytics and artificial intelligence; customer experience; marketing;
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Frequently asked questions
Is EPAM Systems Inc overvalued or undervalued?
Bullrun's valuation model currently marks EPAM Systems Inc as 46.8% undervalued.
What is EPAM Systems Inc's market cap?
EPAM Systems Inc's market capitalization is USD 5.77B.
What is EPAM Systems Inc's P/E ratio?
EPAM Systems Inc's price-to-earnings (P/E) ratio is 15.1.
What does EPAM Systems Inc do?
EPAM Systems, Inc. provides digital platform engineering and software development services worldwide. The company offers engineering services, including requirements analysis and platform selection, customization, cross-platform migration, implementation, and integration; cloud services for creating a roadmap to set and refine IT and business goals while identifying new and emerging opportunities leveraging cloud technologies; data, analytics and artificial intelligence; customer experience; marketing; and cybersecurity.