EPAM Systems, Inc. Income Statement

Income Statement Dec2010 Dec2011 Dec2012 Dec2013 Dec2014 Dec2015 Dec2016 Dec2017 Dec2018 Dec2019 Dec2020 Dec2021 Dec2022 Dec2023 Dec2024
Revenue & cost
Revenue 221.82M334.53M433.80M555.12M730.03M914.13M1,160.13M1,450.45M1,842.91M2,293.80M2,659.48M3,758.14M4,824.70M4,690.54M4,727.94M
Cost of Revenue 132.53M205.34M270.36M347.65M456.53M566.91M737.19M921.35M1,186.92M1,488.20M1,732.52M2,483.70M3,286.68M3,256.51M3,277.50M
Gross Profit 89.30M129.19M163.44M207.47M273.50M347.21M422.95M529.10M655.99M805.60M926.96M1,274.45M1,538.02M1,434.03M1,450.44M
Operating items
Depreciation & Amortization - Total 5.24M6.76M9.86M12.34M12.13M11.98M15.22M21.00M28.50M35.40M50.50M65.50M69.00M68.20M59.40M
Selling, General & Administrative 47.63M64.93M85.87M116.50M163.67M222.76M265.86M327.59M373.59M457.43M484.76M648.74M872.78M815.07M816.30M
Other Operating Expenses -2.63M-0.02M-0.68M0.64M-3.92M-1.09M-1.21M-2.73M-25.92M
Operating Expenses 52.88M71.69M95.73M128.83M175.80M234.74M281.08M348.59M402.09M492.83M535.26M714.24M941.78M883.26M875.70M
Operating Income 32.79M55.01M66.01M76.49M86.18M105.97M133.70M172.95M245.76M302.85M379.32M542.32M572.97M501.24M544.58M
EBIT 32.79M55.01M66.01M76.49M86.18M105.97M133.70M172.95M245.76M302.85M379.32M542.32M572.97M501.24M544.58M
Non-operating items
Interest & Investment Income 0.49M1.42M1.94M3.08M4.77M4.73M4.85M4.60M3.52M
Other Non Operating Income -2.18M-3.64M-2.08M-2.80M-2.08M-4.63M-12.08M-3.24M0.49M-12.05M-4.67M-7.20M-75.73M-15.78M-7.05M
Non Operating Income -9.95M-13.30M-14.47M-17.28M-24.77M-31.09M-33.48M4.60M3.52M8.72M3.82M-1.73M10.03M51.12M46.88M
Net income details
EBT 31.09M52.79M65.86M76.77M94.18M106.07M135.77M174.31M249.77M299.53M378.48M533.39M507.26M536.59M584.41M
Tax Provisions 2.92M8.44M11.38M14.78M17.31M21.61M27.20M101.55M9.52M38.47M51.32M51.74M87.84M119.50M129.88M
Profit After Tax 28.31M44.35M54.48M61.99M69.64M84.46M99.27M72.76M240.26M261.06M327.16M481.65M419.42M417.08M454.53M
Income from Non-Controlling Interests -17.98M-15.03M3.34M
Income from Continuing Operations 28.18M44.35M54.48M61.99M76.87M84.46M108.57M72.76M240.26M261.06M327.16M481.65M419.42M417.08M454.53M
Consolidated Net Income 28.18M44.35M54.48M61.99M76.87M84.46M108.57M72.76M240.26M261.06M327.16M481.65M419.42M417.08M454.53M
Income towards Parent Company 28.18M44.35M54.48M61.99M76.87M84.46M108.57M72.76M240.26M261.06M327.16M481.65M419.42M417.08M454.53M
Preferred Dividend Payments 5.42M-17.56M
Net Income towards Common Stockholders 22.76M11.77M51.14M61.99M69.64M84.46M108.57M72.76M240.26M261.06M327.16M481.65M419.42M417.08M454.53M
Additional items
EPS (Basic) 0.841.421.271.351.481.731.971.404.484.775.878.527.327.217.93
EPS (Weighted Average and Diluted) 0.790.771.171.281.401.621.871.324.244.535.608.157.097.067.84
Shares Outstanding (Weighted Average) 40.69M40.69M43.53M46.50M47.91M49.97M51.04M52.81M54.01M54.98M55.99M56.72M57.51M57.70M56.72M
Shares Outstanding (Diluted Average) 19.31M0.02M43.82M48.36M49.73M51.99M53.22M54.98M56.67M57.67M58.45M59.06M59.17M59.09M57.98M
EBITDA 27.91M43.10M56.98M61.18M49.39M71.36M96.73M92.83M216.37M271.20M
Tax Rate 9.38%15.99%17.28%19.25%18.38%20.38%20.03%58.26%3.81%12.84%13.56%9.70%17.32%22.27%22.22%