10-Q quarterly report · filed May 7, 2026

EPAM Systems (EPAM) Q1 2026 10-Q Quarterly Report

Short answer

EPAM Systems (EPAM) filed its Q1 2026 10-Q quarterly report on May 7, 2026 for the quarter ended Mar 31, 2026. Quarterly revenue was $1.4B (up 7.6% year over year) with net income of $83M.

Q1 2026 key financials · XBRL

Revenue
$1.4B
+7.6% YoY
Net income
$83M
+12.3% YoY
Operating margin
8.3%
EPS (diluted)
$1.52
+18.8% YoY

Source: XBRL data from the EPAM Systems (EPAM) Q1 2026 10-Q on SEC EDGAR. USD.

EPAM Systems Q1 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Revenue $1.400B, up 7.6% YoY from $1.302B
  • Operating margin 8.3% vs 7.6% YoY
  • Diluted EPS $1.52 vs $1.28 YoY
  • Share repurchases reduced common shares outstanding
  • Ukraine-related expenses and humanitarian costs expected to continue in subsequent quarters

Risk Factors

  • No material risk-factor changes disclosed; filing refers investors to the 10-K risk factors
  • Capital-allocation risk: $1,000 million repurchase authorization with $512.491 million remaining
  • Market risk: 1,835 shares repurchased at average $143.84 during the quarter
  • Insider-trading risk: Executive Chair trading plan permits sales of up to 150,000 shares through March 15, 2028

Generated from the filing text; verify against the original. 10-K vs 10-Q vs 8-K

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