Strong Q3 Revenue Performance by EPAM Systems
EPAM Systems Inc. (NYSE: EPAM) reported impressive revenues for the third quarter, achieving $1.394 billion, a remarkable increase of 19.4% compared to the previous year. This growth is a testament to the company's robust performance and strategic efforts in addressing market demands.
GAAP and Non-GAAP Earnings Metrics
During this quarter, EPAM posted a GAAP income from operations of 10.4% of revenues, alongside a non-GAAP income from operations reflecting 16.0% of revenues. The diluted GAAP earnings per share (EPS) stood at $1.91, which is a drop of $0.46 year-on-year. In contrast, the non-GAAP diluted EPS reached $3.08, marking a decline of $0.04 year-over-year.
Capital Return and Share Repurchase Initiatives
The company maintained its commitment to returning value to shareholders, executing share repurchase activities amounting to $82.1 million during the latest quarter. Additionally, they announced a new share buyback program allowing for up to $1 billion in additional repurchases, signaling confidence in their long-term business prospects.
Revenue Growth Forecast for 2025
EPAM has raised its revenue growth outlook for the full year 2025 to a range of 14.8% to 15.2%, with the midpoint signifying a growth rate of 15%. This adjustment reflects the company’s adaptive strategies in a flourishing market environment.
EPS Guidance Adjustment
With increasing confidence in its capabilities, EPAM has also refined its EPS guidance. The company now anticipates GAAP diluted EPS to be in the range of $6.75 to $6.83 for the year, while maintaining the non-GAAP diluted EPS forecast between $11.36 to $11.44.
Ongoing Business Strategies and Innovations
“We are pleased to deliver another quarter of improving year-over-year organic constant currency revenue growth, driven by our deep engineering expertise and focus on helping clients build out their AI foundation and transform themselves into AI-Native organizations,” stated Balazs Fejes, CEO and President at EPAM. This proactive approach towards fostering AI-driven innovations positions EPAM strongly within the industry.
Q3 2025 Highlights and Future Outlook
Throughout the third quarter, notable highlights included a year-over-year revenue growth of $226.8 million. This sustained operation performance reflects EPAM's methodological focus on client-centric solutions and technological advancements. The company continues to invest in talent and strategic partnerships to accelerate innovation and client service.
Conference Call Announcement
EPAM plans to host a conference call on November 6, 2025, to discuss its performance in detail. Investors and stakeholders are invited to participate to gain insights into the company’s future strategic direction and operational metrics.
Company Overview
Founded in 1993, EPAM Systems, Inc. (NYSE: EPAM) has distinguished itself as a leader in digital engineering, providing advanced software solutions and consulting services to global enterprises. With a strong reputation and a commitment to helping clients meet their transformational challenges, EPAM leads the charge in innovative technology solutions.
Frequently Asked Questions
Q1: What were EPAM's revenue figures for Q3 2025?
A1: EPAM recorded revenues of $1.394 billion for the third quarter of 2025, marking a 19.4% increase year-over-year.
Q2: What is the updated EPS guidance for EPAM for 2025?
A2: EPAM's updated guidance indicates a GAAP diluted EPS in the range of $6.75 to $6.83 for 2025.
Q3: How has EPAM planned to return value to its shareholders?
A3: The company has repurchased $82.1 million of its stock and initiated a new buyback program for up to $1 billion in additional repurchases.
Q4: What is EPAM's adjusted revenue growth forecast for 2025?
A4: EPAM has raised its expected revenue growth rate for 2025 to a range of 14.8% to 15.2%.
Q5: When will EPAM conduct its next conference call?
A5: EPAM will host its next conference call on November 6, 2025, to discuss the performance and future strategies.
