EPAM EPAM Systems

company

SEC Filings & Insider Trading Activity 2026

Risk Factors

• • ~14,100 personnel in Ukraine/Belarus as of Dec 31, 2025; ongoing Russia-Ukraine war threatens operations, facilities, and service delivery
• • OFAC sanctions and anti-bribery laws (FCPA equivalent) create compliance exposure across operations in Belarus, Ukraine, Kazakhstan, and other emerging markets
• • AI-driven tools enabling clients to self-develop software internally, reducing demand for EPAM's core IT services and pressuring pricing
• • Belarus High-Technologies Park tax exemption (full income/VAT exemption until 2049) at risk if Belarus policy changes, threatening cost structure
• • Key-person dependency on senior executives with no guarantee of effective succession; non-compete enforceability uncertain across multiple jurisdictions

Management Discussion & Analysis

• • Revenue $5.457B, up 15.4% YoY; organic growth ~5%, acquisitions (NEORIS, First Derivative) added 9.2%, FX tailwind +1.3%
• • Operating margin 9.5% vs 11.5%; net margin 6.9% vs 9.6%; cost of revenues rose to 71.2% vs 69.3% of revenue
• • Best segment: Europe +23.1% revenue to $2.291B; worst: Americas operating margin contracted to 16.5% vs 18.9%, profit down $19.3M
• • Operating cash flow $654.9M vs $559.2M; capex $42.2M; share buybacks $660.6M vs $398.0M; no dividends; cash $1.296B
• • Key risks: Ukraine war ongoing, effective tax rate rose to 25.3% vs 22.2%, $10.1M humanitarian commitment remaining; management confident liquidity sufficient 12+ months

Business Overview

• • Global IT services firm delivering end-to-end digital engineering, cloud, and AI-enabled transformation; increasingly positioning as "AI-native" solutions provider
• • EPAM AI/RUN™ platform and DIALX Lab™ initiative highlighted as key AI delivery vehicles; "end-to-end AI-native transformation" cited as primary strategic focus this year
• • India surpassed all other locations as largest delivery hub with ~12,200 professionals, adding ~2,150 since Dec 2024; total headcount grew to ~62,850 from ~61,200
• • Revenue concentration declining: top 5 clients fell to 13.7% of revenue (vs 15.8% in 2024), top 10 to 21.6% (vs 23.4%), reflecting deliberate client base diversification
• • Ukraine delivery workforce essentially flat at ~8,750 vs 8,764 a year prior, notable stability despite ongoing war now entering its fourth year

What are the latest EPAM SEC filings in 2026?

EPAM Systems (EPAM) has filed a 10-K annual report on February 26, 2026, a 10-Q quarterly report on May 7, 2026, an 8-K current report on August 6, 2026 with the SEC. SignalX tracks every new SEC EDGAR filing daily, including 10-K, 10-Q, 8-K, and Form 4 insider transactions, with AI-powered summaries of key sections.

When did EPAM file its most recent 10-K annual report?

EPAM Systems (EPAM) filed its most recent 10-K annual report on February 26, 2026. The 10-K includes audited financial statements, business overview, risk factors, and management discussion, all available on SignalX with AI-generated summaries and XBRL financial data.

How do I view EPAM 10-Q quarterly reports?

EPAM Systems (EPAM)'s most recent 10-Q quarterly report was filed on May 7, 2026. SignalX displays every EPAM 10-Q with AI-generated summaries of the MD&A (Management Discussion & Analysis) and Risk Factors sections, plus links to the original SEC EDGAR document.

What 8-K current reports has EPAM filed recently?

EPAM Systems (EPAM)'s most recent 8-K was filed on August 6, 2026. 8-K filings disclose material corporate events such as earnings releases, executive changes, mergers, and other significant developments. SignalX surfaces each 8-K with item-level summaries so you can quickly see what happened.

Where can I find EPAM insider trading activity (Form 4)?

SignalX aggregates every EPAM Form 4 insider transaction from SEC EDGAR. Form 4 reports show when officers, directors, and 10% shareholders buy or sell company stock, with transaction code, share count, and price per share.

How often does EPAM file with the SEC?

EPAM Systems (EPAM) files a 10-K annual report once per year (typically within 60 days of fiscal year-end) and 10-Q quarterly reports three times per year. 8-K current reports are filed as needed when material events occur, and Form 4 insider transaction reports are due within two business days of a trade. SignalX monitors SEC EDGAR daily to surface every new EPAM filing with AI-powered analysis.

What is the difference between 10-K, 10-Q, and 8-K SEC filings?

A 10-K is a comprehensive annual report with audited financials, business overview, and risk factors. A 10-Q is a shorter quarterly report with unaudited financials and management discussion. An 8-K is a current report filed when a material event occurs, such as earnings releases, executive changes, acquisitions, or other significant developments. SignalX provides AI-generated summaries for all three filing types for EPAM Systems (EPAM).

What is EPAM's SEC CIK number?

EPAM Systems (EPAM)'s SEC CIK (Central Index Key) number is 1352010. The CIK is a unique identifier assigned by the SEC to every filing entity. You can use CIK 1352010 to look up all EPAM filings on SEC EDGAR, or browse them here on SignalX with AI-powered analysis.

Where can I find EPAM return on equity (ROE) and financial data?

SignalX extracts XBRL financial data from EPAM Systems (EPAM) 10-K annual filings, including revenue, net income, gross profit, operating income, EPS, total assets, stockholders' equity, and operating cash flow. Return on equity (ROE) can be derived from net income divided by stockholders' equity. Multi-year financial trends are displayed in the Financial Summary table above.