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EPAM Financial Statements and Analysis

NYSE : EPAM

EPAM Systems, Inc.

$253.96
3.33+1.33%
At Close 4:00 PM
69.12
B+ESG ScoreESG Rating

EPAM FINANCIAL STATEMENTS

An instrumental part of fundamental analysis is measuring key indicators of an asset, which are the factors that can influence its value and price. However, sometimes investors show more interest in financial statements with other factors to determine whether investing in that company is the right decision. Financial statements of a company include:

  • Balance Sheet
  • Income Statement
  • Cash Flow Statement

EPAM Income Statement

A company's income statement helps investors and business owners determine whether the company is profitable or losing money. Profitability is a key factor investors consider before investing in a stock. Income statements provide them with information about a company's profitability over time. The statement also enables them to observe trends in company spending and earnings since it breaks down individual costs and revenues. Income statements also provide details on where a company's money is going when it isn't profitable or its profits fluctuate.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
revenue1.168B1.147B1.165B1.157B1.152B
cost of revenue763.992M834.422M858.891M820.791M794.265M
gross profit403.535M312.175M306.574M336.466M357.871M
gross profit ratio0.3460.2720.2630.2910.311
research and development expenses00000
general and administrative expenses00000
selling and marketing expenses00000
selling general and administrative expenses206.82M193.602M197.23M213.972M194.829M
other expenses19.736M23.921M000
operating expenses226.556M193.602M197.23M213.972M217.921M
cost and expenses990.548M1.028B1.054B1.035B1.012B
interest income13.347M12.036M15.042M14.962M13.931M
interest expense00000
depreciation and amortization29.014M30.46M31.58M23.158M23.092M
ebitda205.993M154.931M140.924M145.652M185.071M
ebitda ratio0.1760.130.1210.1260.161
operating income176.979M118.573M109.344M122.494M114.028M
operating income ratio0.1520.1030.0940.1060.099
total other income expenses net12.637M13.249M13.123M4.909M-22.029M
income before tax189.616M133.81M123.655M127.403M131.852M
income before tax ratio0.1620.1170.1060.110.114
income tax expense53.27M35.165M7.412M29.849M34.648M
net income136.346M98.645M116.243M97.554M97.204M
net income ratio0.1170.0860.100.0840.084
eps2.401.712.011.661.68
eps diluted2.371.701.971.661.65
weighted average shs out56.91M57.594M57.837M57.767M57.853M
weighted average shs out dil57.425M58.149M58.931M58.913M58.948M
Graph

EPAM Balance Sheet

Balance sheet summarizes a company's financials and can be used as a basis by investors to determine the value of a company. It shows the value of the stock, as well as the assets and liabilities of the company. A company's balance sheet displays how its assets are put to use and how those assets are financed, based on the liabilities section. Both investors and analysts analyze a company's balance sheet to determine how it allocates its resources.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
cash and cash equivalents
short term investments
cash and short term investments
net receivables
inventory
other current assets
total current assets
property plant equipment net
goodwill
intangible assets
goodwill and intangible assets
long term investments
tax assets
other non current assets
total non current assets
other assets
total assets
account payables
short term debt
tax payables
deferred revenue
other current liabilities
total current liabilities
long term debt
deferred revenue non current
deferred tax liabilities non current
other non current liabilities
total non current liabilities
other liabilities
capital lease obligations
total liabilities
preferred stock
common stock
retained earnings
accumulated other comprehensive income loss
other total stockholders equity
total stockholders equity
total equity
total liabilities and stockholders equity
minority interest
total investments
total debt
net debt
Graph

EPAM Cash Flow

A cash flow statement is regarded as a valuable indicator of profitability and the long-term outlook for a company. It assists the company in evaluating whether it has sufficient funds to cover its expenses. Essentially, a cash flow statement represents an organization's financial health. The cash flow statement, which measures the business's ability to operate in the short as well as long term, is broken down into operating, investing, and financing activities.

Date2024-09-302024-06-302024-03-312023-12-312023-09-30
reported currencyUSDUSDUSDUSDUSD
calendar year20242024202420232023
periodQ3Q2Q1Q4Q3
deferred income tax-12.877M-13.877M1.866M-25.434M-16.363M
stock based compensation42.124M35.684M44.791M38.194M37.847M
change in working capital168.611M-94.96M-73.651M22.903M34.673M
accounts receivables40.21M-26.84M-36.161M26.211M-5.839M
inventory000-26.211M0
accounts payables-2.257M3.129M-5.483M-683.00K-947.00K
other working capital130.658M-71.249M-32.007M23.586M41.459M
other non cash items-130.69M1.075M149.252M-110.059M43.376M
net cash provided by operating activities241.962M57.027M129.92M46.316M214.879M
investments in property plant and equipment-4.966M-4.704M-6.749M-9.995M-3.624M
acquisitions net-359.00K-12.567M-44.139M-10.82M-16.166M
purchases of investments-677.00K-6.705M-1.417M-319.00K-1.375M
sales maturities of investments-1.509M1.199M310.00K010.865M
other investing activites42.247M-69.00K1.005M437.00K-261.00K
net cash used for investing activites34.736M-22.846M-50.99M-20.697M-10.561M
debt repayment-1.124M-535.00K-589.00K-362.00K-52.00K
common stock issued1.305M17.865M14.611M23.024M2.981M
common stock repurchased-49.955M-214.477M-120.593M-36.491M-78.486M
dividends paid000-23.024M0
other financing activites-53.506M-11.068M-5.51M14.497M-5.029M
net cash used provided by financing activities-53.506M-226.08M-112.081M-22.356M-80.586M
effect of forex changes on cash25.904M-6.887M-19.56M35.011M-22.728M
net change in cash252.991M-199.056M-57.808M157.817M-1.759B
cash at end of period2.041B1.788B1.984B2.036B18.142M
cash at beginning of period1.788B1.987B2.042B1.878B1.777B
operating cashflow241.962M57.027M129.92M46.316M214.879M
capital expenditure-4.966M-4.704M-6.749M-9.995M-3.624M
free cash flow236.996M52.323M123.171M36.321M211.255M
Graph

Frequently Asked Questions

How did EPAM Systems, Inc. do last quarter? What was its Total Revenue and Cost of Revenue?

A company's Total Revenue reveals how much money it generates before any expenses or deductions are made. As a result, this metric informs investors/stakeholders how much money the business makes. Tracking and understanding it is essential for evaluating a company's growth. As opposed to revenue, Cost of Revenue is any expenses a business incur to generate revenue. There can be high revenue in a business, but if the costs are high, it won't make a profit and will go out of business when money runs out. Therefore, EPAM generated $1.17B in revenue last quarter, while its costs came in at $763.99M.

Last quarter, how much Gross Profit did EPAM Systems, Inc. report?

A business's Gross Profit is a key indicator of its profitability and financial performance. In other words, it reflects how efficiently a business uses labor, raw materials, and other resources. EPAM Systems, Inc. reported a $403.54M Gross Profit for the quarter ended Sep 30, 2024.

Have EPAM's Total Operating Expenses and Operating Income been favorable recently?

Operational Expenses represent the costs a company must incur to generate revenue, which is the ultimate goal of a business, whereas Operating Income shows the revenue left after operational direct and indirect costs have been deducted. EPAM incurred $226.56M worth of Operating Expenses, while it generated $176.98M worth of Operating Income.

How much Net Income has EPAM posted recently?

The Net Income of a company is one of the factors investors consider when investing in the company. According to recent earnings report from EPAM Systems, Inc., the company generated $136.35M in Net Income. When a company has a history of consistent net income, investors are more likely to invest in it since they know they will get a return.

At the end of the last quarter, how much Cash and Equivalents did EPAM Systems, Inc. have?

The amount of Cash and Cash Equivalents is an effective indicator of the financial strength and well-being of a company. An excess cash situation occurs when a company has more cash and cash equivalents than it needs for operating activities. The amount of Cash and Cash Equivalents available to EPAM Systems, Inc. as of the end of the last quarter was -.

What are EPAM's Total Net Receivables for the last quarter?

Total Net Receivables are a company's outstanding debts to its customers. Therefore, it refers to the amount that a company expects to collect from its customers. The higher a company's net receivables are, the more confident it is that it can collect money from its debtors. As of the end of the last quarter, EPAM had Total Net Receivables of -.

In terms of Total Assets and Current Assets, where did EPAM Systems, Inc. stand at?

An asset with an economic value within a year is considered a current asset. Total assets, however, also include long-term fixed assets, intangible assets, and other non-current assets. The current Assets of EPAM were -, while the Total Assets stand at -.

As of the last quarter, how much Total Debt did EPAM Systems, Inc. have?

The total debt of a business refers to how much it borrows. A company's current and long-term liabilities are added together to calculate its Total Debt. A debt ratio may be taken into account on a balance sheet by financial lenders, investors, and business leaders when making informed decisions about future loans or investments. The total amount of EPAM's debt was - at the end of the last quarter.

What were EPAM's Total Liabilities during the last reported quarter?

A company's total liabilities are the sum of all debts it is liable for, including any off-balance shee liabilities it may incur. This can be calculated by adding up all short-term and long-term liabilities. In its last quarter, EPAM reported total liabilities of -.

How much did EPAM's Working Capital change over the last quarter?

Working Capital Change for EPAM was $168.61M over the last quarter. Working Capital Change refers to the difference between net working capital amounts at the end of one accounting period and the end of another. It tells investors/stakeholders how much the company's cash flow will differ from its Net Income (i.e., after-tax profits). More powerful companies often have positive Change in Working Capital numbers as they have increased control over collecting cash from customers and delaying payments to suppliers.

EPAM generated how much cash from operating activities?

An operating cash flow statement usually contains cash from operating activities in the first section. An organization's cash from operating activities refers to the money it takes in and takes out as a result of its regular business operations. EPAM generated $241.96M of Cash from Operating Activities during its recently reported quarter.

What was EPAM's latest reported Net Change in Cash?

An increase or decrease in cash and cash equivalent balances within a specified period is considered the net change in cash in a cash flow statement. Furthermore, it takes into account cash changes as a result of investments, financing, and operating activities. EPAM reported a $252.99M Net Change in Cash in the most recent quarter.

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