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AI brief of an SEC Form 8-K · EPAM Systems (EPAM)

EPAM Q4 revenue rose 12.8% to $1.408 billion; full-year GAAP EPS fell 14.3%

Mixed Impact 3 of 5 earnings Written later

EPAM reported fourth-quarter and full-year 2025 results on February 19, 2026. Revenue grew in both periods, but full-year GAAP diluted EPS fell to $6.72 from $7.84, while non-GAAP diluted EPS rose 5.9% to $11.50. The company also gave 2026 guidance of $7.95 to $8.25 GAAP diluted EPS and $12.60 to $12.90 non-GAAP diluted EPS.

Key points

  • Q4 2025 revenue was $1.408 billion, up 12.8% year over year; Q4 GAAP diluted EPS was $1.98, up 10.0%.
  • Full-year 2025 revenue was $5.457 billion, up 15.4%, but GAAP income from operations fell 4.5% to $520.0 million.
  • 2026 guidance: revenue growth of 4.5% to 7.5%, GAAP diluted EPS of $7.95 to $8.25, and non-GAAP diluted EPS of $12.60 to $12.90.
  • Share repurchases totaled $660.6 million in 2025, with $776.5 million remaining under the authorization as of December 31, 2025.

The filing

CompanyEPAM Systems (EPAM)
Form8-K, current report
Filed with the SECFeb 18, 2026, 7:35 PM ET
Accession number0001352010-26-000010

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:17 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 18, 2026.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.