EPAM Systems Income Statement (2010-2025) | EPAM

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Income Statement	Mar2021	Jun2021	Sep2021	Dec2021	Mar2022	Jun2022	Sep2022	Dec2022	Mar2023	Jun2023	Sep2023	Dec2023	Mar2024	Jun2024	Sep2024	Dec2024	Mar2025	Jun2025	Sep2025	Dec2025
Revenue & cost
Revenue (Quarter)	780.77M	881.37M	988.54M	1,107.46M	1,171.61M	1,194.86M	1,226.92M	1,231.30M	1,210.94M	1,170.21M	1,152.14M	1,157.26M	1,165.46M	1,146.60M	1,167.53M	1,248.35M	1,301.69M	1,353.44M	1,394.37M	1,407.55M
Cost of Revenue (Quarter)	519.33M	583.73M	653.37M	727.27M	780.84M	846.32M	826.80M	832.73M	855.90M	808.72M	794.26M	797.63M	834.33M	810.86M	763.99M	868.31M	952.01M	964.01M	983.17M	984.35M
Gross Profit (Quarter)	261.45M	297.64M	335.17M	380.20M	390.78M	348.54M	400.12M	398.57M	355.04M	361.49M	357.87M	359.62M	331.13M	335.74M	403.54M	380.04M	349.68M	389.43M	411.20M	423.20M
Operating items
Selling, General & Administrative (Quarter)	136.39M	151.91M	169.50M	190.94M	237.28M	232.53M	198.02M	204.95M	211.89M	194.38M	194.83M	213.97M	198.45M	194.06M	206.82M	216.97M	218.92M	231.68M	234.95M	243.16M
Other Operating Expenses (Quarter)											-25.92M
Operating Expenses (Quarter)	136.39M	151.91M	169.50M	190.94M	237.28M	232.53M	198.02M	204.95M	211.89M	194.38M	194.83M	213.97M	198.45M	194.06M	206.82M	216.97M	218.92M	231.68M	234.95M	243.16M
Operating Income (Quarter)	107.25M	125.27M	144.12M	165.67M	129.24M	93.02M	180.23M	170.48M	120.37M	144.35M	114.03M	122.49M	110.53M	120.56M	176.98M	136.51M	99.33M	126.48M	144.94M	149.25M
EBIT (Quarter)	107.25M	125.27M	144.12M	165.67M	129.24M	93.02M	180.23M	170.48M	120.37M	144.35M	114.03M	122.49M	110.53M	120.56M	176.98M	136.51M	99.33M	126.48M	144.94M	149.25M
Non-operating items
Interest & Investment Income (Quarter)
Other Non Operating Income (Quarter)	2.30M	-4.69M	-3.44M	-1.36M	-43.90M	-85.94M	6.69M	26.30M	-4.61M	-6.01M	3.89M	-9.05M	-1.92M	1.21M	-0.71M	-5.63M	-10.73M	-6.23M	-3.63M	-5.34M
Non Operating Income (Quarter)	5.37M	2.58M	-5.33M	-4.36M	-0.17M	1.58M	4.23M	4.38M	11.52M	11.71M	13.93M	13.96M	15.04M	12.04M	13.35M	6.45M	5.81M	3.52M	2.30M	-0.09M
Net income details
EBT (Quarter)	114.92M	123.16M	135.36M	159.95M	106.29M	8.66M	191.15M	201.16M	127.28M	150.05M	131.85M	127.40M	123.66M	133.81M	189.62M	137.33M	94.42M	123.77M	143.62M	143.82M
Tax Provisions (Quarter)	5.88M	8.49M	19.70M	17.67M	16.57M	-9.95M	35.09M	46.12M	24.99M	30.01M	34.65M	29.85M	7.41M	35.16M	53.27M	34.03M	20.93M	35.74M	36.80M	34.47M
Profit After Tax (Quarter)	109.05M	114.67M	115.66M	142.28M	89.72M	18.60M	156.05M	155.04M	102.29M	120.03M	97.20M	97.55M	116.24M	98.64M	136.35M	103.30M	73.48M	88.03M	106.82M	109.35M
Income from Non-Controlling Interests (Quarter)
Income from Continuing Operations (Quarter)	109.05M	114.67M	115.66M	142.28M	89.72M	18.60M	156.05M	155.04M	102.29M	120.03M	97.20M	97.55M	116.24M	98.64M	136.35M	103.30M	73.48M	88.03M	106.82M	109.35M
Consolidated Net Income (Quarter)	109.05M	114.67M	115.66M	142.28M	89.72M	18.60M	156.05M	155.04M	102.29M	120.03M	97.20M	97.55M	116.24M	98.64M	136.35M	103.30M	73.48M	88.03M	106.82M	109.35M
Income towards Parent Company (Quarter)	109.05M	114.67M	115.66M	142.28M	89.72M	18.60M	156.05M	155.04M	102.29M	120.03M	97.20M	97.55M	116.24M	98.64M	136.35M	103.30M	73.48M	88.03M	106.82M	109.35M
Preferred Dividend Payments (Quarter)
Net Income towards Common Stockholders (Quarter)	109.05M	114.67M	115.66M	142.28M	89.72M	18.60M	156.05M	155.04M	102.29M	120.03M	97.20M	97.55M	116.24M	98.64M	136.35M	103.30M	73.48M	88.03M	106.82M	109.35M
Additional items
EPS (Basic) (Quarter)	1.94	2.03	2.04	2.51	1.58	0.33	2.72	2.70	1.77	2.07	1.68	1.69	2.01	1.71	2.40	1.82	1.29	1.56	1.92	1.99
EPS (Weighted Average and Diluted) (Quarter)	1.86	1.94	1.95	2.40	1.52	0.32	2.63	2.62	1.73	2.03	1.65	1.66	1.97	1.70	2.37	1.80	1.28	1.56	1.91	1.97
Shares Outstanding (Weighted Average) (Quarter)	56.17M	56.46M	56.43M	56.51M	56.91M	57.08M	57.42M	57.29M	57.70M	57.85M	57.85M	57.83M	57.84M	57.59M	57.45M	57.29M	56.78M	56.55M	56.21M	55.89M
Shares Outstanding (Diluted Average) (Quarter)	58.78M	59.01M	59.00M	59.06M	58.94M	58.98M	59.36M	59.17M	59.30M	59.18M	58.95M	59.09M	58.93M	58.15M	58.17M	57.98M	57.26M	56.54M	55.82M	56.23M
EBITDA (Quarter)	107.25M	125.27M	144.12M	165.67M	129.24M	93.02M	180.23M	170.48M	120.37M	144.35M	114.03M	122.49M	110.53M	120.56M	176.98M	136.51M	99.33M	126.48M	144.94M	149.25M
Tax Rate (Quarter)	5.11%	6.89%	14.56%	11.05%	15.59%	-114.88%	18.36%	22.93%	19.63%	20.00%	26.28%	23.43%	5.99%	26.28%	28.09%	24.78%	22.17%	28.88%	25.62%	23.97%

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EPAM Systems Income Statement (2010-2025) | EPAM

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