Short answer
EPAM Systems (EPAM) filed an 8-K current report with the SEC on August 6, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.1). Q2 2026 results for quarter ended June 30, 2026.
EPAM Systems 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Q2 2026 results for quarter ended June 30, 2026
- Press release and infographic issued August 6, 2026
- Exhibit 99.1 contains the substantive financial results and management commentary
Item EX-99.1 · Exhibit EX-99.1
- Q2 revenue $1.415B, up 4.5% YoY; organic constant-currency growth 3.4%, indicating modest underlying demand momentum
- GAAP operating margin expanded to 10.8% from 9.3%; non-GAAP margin reached 16.4% from 15.0%, supporting stronger earnings conversion
- GAAP diluted EPS $1.97, up 26.3%; non-GAAP EPS $3.38, up 22.0%, materially outpacing revenue growth
- Full-year revenue growth outlook narrowed to 3.2%-4.2%; organic constant-currency growth forecast 2.0%-3.0%, signaling slower second-half growth
- $409M spent on repurchases year-to-date; cash and restricted cash fell 39.0% to $794.3M, highlighting substantial capital return and liquidity reduction
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