10-Q quarterly report · filed Aug 6, 2026

EPAM Systems (EPAM) Q2 2026 10-Q Quarterly Report

Short answer

EPAM Systems (EPAM) filed its Q2 2026 10-Q quarterly report on Aug 6, 2026 for the quarter ended Jun 30, 2026. Quarterly revenue was $1.4B (up 4.5% year over year) with net income of $103M.

Q2 2026 key financials · XBRL

Revenue
$1.4B
+4.5% YoY · +1.1% QoQ
Net income
$103M
+17.0% YoY · +24.8% QoQ
Operating margin
10.8%
EPS (diluted)
$1.97
+26.3% YoY · +29.6% QoQ

Source: XBRL data from the EPAM Systems (EPAM) Q2 2026 10-Q on SEC EDGAR. USD.

EPAM Systems Q2 2026 10-Q analysis

AI summary of MD&A and risk factor updates

Management Discussion & Analysis

  • Six-month revenue $2.815B, up 6.0% from $2.655B YoY
  • Operating margin 9.6% vs 8.5% YoY
  • Diluted EPS $3.49 vs $2.84 YoY
  • Ukraine humanitarian commitment $100M, with $4.6M remaining to expense
  • Improving service demand and foreign exchange tailwinds; Ukraine-related expenses expected in subsequent quarters

Risk Factors

  • No material changes disclosed; risk factors refer investors to the most recent Form 10-K
  • Share-repurchase liquidity risk: $1,000 million authorization with $372.492 million remaining at June 30, 2026
  • Market risk: $300 million ASR settlement for 2.24 million shares depended on volume-weighted average price
  • Regulatory risk: repurchases above issuances subject to a 1% excise tax
  • Equity-price risk: additional unknown or currently immaterial risks could adversely affect common-stock trading price

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

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