EPAM
TechnologyEPAM Systems, Inc. · Information Technology Services · $5B
What is EPAM Systems, Inc.?
EPAM Systems is a global provider of digital platform engineering and software development services, helping enterprises design, build, and modernize technology platforms across industries.
EPAM generates revenue by delivering end-to-end software engineering, infrastructure management, and quality assurance services to clients in financial services, travel, hi-tech, and other sectors. The company also provides consulting, digital design, and emerging-technology solutions — including artificial intelligence and automation — helping organizations transform their core systems.
Founded in 2012 and headquartered in Newtown, Pennsylvania, EPAM has grown into a mid-cap technology services firm with a worldwide delivery footprint.
- Custom software engineering and platform development
- Infrastructure management and cloud migration
- Testing, quality assurance, and automation
- AI, robotics, and digital design consulting
Is EPAM a Good Stock to Buy?
UQS Score rates EPAM as Below Average overall.
The Risk pillar stands out as the clearest positive, suggesting the business carries a relatively manageable risk profile. Valuation is rated Attractive, meaning the stock may be priced favorably relative to its fundamentals.
Growth and Moat are both rated Weak, pointing to limited competitive differentiation and subdued near-term expansion prospects.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does EPAM pay dividends?
No — EPAM Systems, Inc. does not currently pay a dividend.
EPAM does not currently pay a dividend. As a technology services company, it has historically directed capital toward operational capacity and service delivery capabilities rather than returning cash to shareholders through distributions.
When does EPAM report earnings?
EPAM Systems reports earnings on a quarterly cadence, consistent with standard practice for US-listed equities.
Revenue trends have faced headwinds in recent periods, consistent with the Weak Growth pillar rating. The company's risk management profile has remained relatively stable, which is reflected in its Good Risk rating.
For the most recent quarter's results and guidance, visit EPAM Systems' official investor relations page.
EPAM Price History
-72.3% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in EPAM Systems, Inc.?
Based on EPAM Systems, Inc.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
Frequently Asked Questions
What does EPAM Systems do?
EPAM Systems provides digital platform engineering, software development, infrastructure management, and technology consulting services. It serves clients across financial services, travel, hi-tech, and other industries, helping them build and modernize their core technology platforms.
Does EPAM pay dividends?
No, EPAM Systems does not pay a dividend. The company reinvests in its service delivery operations rather than distributing cash to shareholders. Income-focused investors should factor this into their assessment.
When does EPAM report earnings?
EPAM reports on a quarterly basis, in line with US-listed company norms. For exact dates and the latest results, check EPAM's investor relations page directly, as our data source does not cover specific upcoming earnings dates.
Is EPAM a good stock to buy?
The UQS Score rates EPAM as Below Average overall. While the Risk and Valuation pillars offer some positives, weak Growth and Moat ratings indicate meaningful challenges. Pro members can view the complete pillar breakdown to form a fuller picture.
Is EPAM overvalued?
The UQS Valuation pillar rates EPAM as Attractive, suggesting the stock is not considered overpriced relative to its fundamentals at current levels. Full valuation metrics are available to Pro members on the UQS platform.
What is EPAM's market cap bracket?
EPAM Systems is classified as a mid-cap company. This places it in a tier that typically offers more liquidity than small-caps while carrying different risk and growth dynamics compared to large-cap technology peers.
Is EPAM a long-term quality investment?
From a long-term quality standpoint, EPAM's Below Average UQS Score — driven by Weak Moat and Growth ratings — raises questions about durable competitive advantage. The Attractive Valuation may offer some cushion, but quality indicators warrant careful review.
What sector does EPAM belong to?
EPAM Systems operates in the Technology sector, specifically within IT and software services. It competes for enterprise contracts alongside other global technology services and outsourcing firms.
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Pro Analysis
EPAM — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 12, 2026 | 51.2 | 43.4 | 28.0 | 32.5 | 79.2 | 100.0 | +0.3 |
| May 3, 2026 | 50.9 | 42.1 | 28.0 | 33.7 | 78.5 | 98.8 | +0.1 |
| Apr 25, 2026 | 50.8 | 42.1 | 28.0 | 33.7 | 78.5 | 98.4 | +0.4 |
| Apr 23, 2026 | 50.4 | 40.9 | 28.0 | 33.7 | 78.5 | 97.7 | +0.1 |
| Apr 19, 2026 | 50.3 | 40.6 | 28.0 | 33.8 | 78.5 | 97.5 | -0.1 |
| Apr 18, 2026 | 50.4 | 40.6 | 28.0 | 33.8 | 78.5 | 97.8 | -0.3 |
| Apr 17, 2026 | 50.7 | 41.1 | 28.0 | 33.8 | 78.5 | 99.3 | 0.0 |
| Apr 16, 2026 | 50.7 | 41.0 | 28.0 | 33.9 | 78.5 | 99.3 | 0.0 |
| Apr 15, 2026 | 50.7 | 41.1 | 28.0 | 33.9 | 78.5 | 99.3 | -0.1 |
| Apr 14, 2026 | 50.8 | 41.3 | 28.0 | 33.9 | 78.5 | 99.3 | -0.1 |
EPAM — Pillar Breakdown
Quality
— 43.4/100 (25%)EPAM Systems, Inc. has average quality metrics, with room for improvement in margins or capital efficiency.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 32.5/100 (20%)EPAM Systems, Inc. faces growth headwinds with declining or stagnant revenue trends.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 79.2/100 (15%)EPAM Systems, Inc. carries minimal financial risk with conservative leverage and strong solvency.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 100.0/100 (15%)EPAM Systems, Inc. appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 28/100 (25%)EPAM Systems, Inc. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for EPAM.
Score Composition
Financial Data
More Stock Analysis
How is the EPAM UQS Score Calculated?
The UQS (Unified Quality Score) for EPAM Systems, Inc. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses EPAM Systems, Inc.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether EPAM Systems, Inc. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.