EPAM Systems (EPAM) Revenue & Revenue Breakdown
EPAM Systems Revenue Highlights
Latest Revenue (Y)
$4.69B
Latest Revenue (Q)
$1.15B
Main Segment (Y)
North America Segment
Main Geography (Y)
UNITED STATES
EPAM Systems Revenue by Period
EPAM Systems Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $4.69B | -2.78% |
| 2022-12-31 | $4.82B | 28.38% |
| 2021-12-31 | $3.76B | 41.31% |
| 2020-12-31 | $2.66B | 15.94% |
| 2019-12-31 | $2.29B | 24.47% |
| 2018-12-31 | $1.84B | 27.06% |
| 2017-12-31 | $1.45B | 25.02% |
| 2016-12-31 | $1.16B | 26.91% |
| 2015-12-31 | $914.13M | 25.22% |
| 2014-12-31 | $730.03M | 31.51% |
| 2013-12-31 | $555.12M | 27.97% |
| 2012-12-31 | $433.80M | 29.67% |
| 2011-12-31 | $334.53M | 50.81% |
| 2010-12-31 | $221.82M | 47.94% |
| 2009-12-31 | $149.94M | - |
EPAM Systems generated $4.69B in revenue during NA 2023, up -2.78% compared to the previous quarter, and up 254.52% compared to the same period a year ago.
EPAM Systems Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-06-30 | $1.15B | -1.62% |
| 2024-03-31 | $1.17B | 0.71% |
| 2023-12-31 | $1.16B | 0.44% |
| 2023-09-30 | $1.15B | -1.54% |
| 2023-06-30 | $1.17B | -3.36% |
| 2023-03-31 | $1.21B | -1.65% |
| 2022-12-31 | $1.23B | 0.36% |
| 2022-09-30 | $1.23B | 2.68% |
| 2022-06-30 | $1.19B | 1.98% |
| 2022-03-31 | $1.17B | 5.79% |
| 2021-12-31 | $1.11B | 12.03% |
| 2021-09-30 | $988.54M | 12.16% |
| 2021-06-30 | $881.37M | 12.88% |
| 2021-03-31 | $780.77M | 7.92% |
| 2020-12-31 | $723.49M | 10.92% |
| 2020-09-30 | $652.24M | 3.14% |
| 2020-06-30 | $632.38M | -2.91% |
| 2020-03-31 | $651.36M | 2.94% |
| 2019-12-31 | $632.77M | 7.60% |
| 2019-09-30 | $588.10M | 6.62% |
| 2019-06-30 | $551.59M | 5.80% |
| 2019-03-31 | $521.33M | 3.25% |
| 2018-12-31 | $504.93M | 7.85% |
| 2018-09-30 | $468.19M | 5.06% |
| 2018-06-30 | $445.65M | 5.07% |
| 2018-03-31 | $424.15M | 6.22% |
| 2017-12-31 | $399.30M | 5.77% |
| 2017-09-30 | $377.52M | 8.18% |
| 2017-06-30 | $348.98M | 7.49% |
| 2017-03-31 | $324.65M | 3.55% |
| 2016-12-31 | $313.52M | 5.11% |
| 2016-09-30 | $298.29M | 5.09% |
| 2016-06-30 | $283.83M | 7.32% |
| 2016-03-31 | $264.48M | 1.62% |
| 2015-12-31 | $260.25M | 10.25% |
| 2015-09-30 | $236.05M | 8.39% |
| 2015-06-30 | $217.78M | 8.87% |
| 2015-03-31 | $200.04M | -1.06% |
| 2014-12-31 | $202.18M | 4.89% |
| 2014-09-30 | $192.76M | 10.34% |
| 2014-06-30 | $174.69M | 8.92% |
| 2014-03-31 | $160.38M | 1.78% |
| 2013-12-31 | $157.59M | 12.44% |
| 2013-09-30 | $140.15M | 5.23% |
| 2013-06-30 | $133.18M | 7.24% |
| 2013-03-31 | $124.20M | -1.07% |
| 2012-12-31 | $125.54M | 14.04% |
| 2012-09-30 | $110.08M | 6.05% |
| 2012-06-30 | $103.80M | 9.98% |
| 2012-03-31 | $94.38M | -0.78% |
| 2011-12-31 | $95.13M | 10.07% |
| 2011-09-30 | $86.42M | 7.79% |
| 2011-06-30 | $80.18M | 10.13% |
| 2011-03-31 | $72.80M | 2.87% |
| 2010-12-31 | $70.77M | 19.81% |
| 2010-09-30 | $59.07M | 18.21% |
| 2010-06-30 | $49.97M | 18.96% |
| 2010-03-31 | $42.01M | - |
EPAM Systems generated $1.15B in revenue during Q2 2024, up -1.62% compared to the previous quarter, and up 94.69% compared to the same period a year ago.
EPAM Systems Revenue Breakdown
EPAM Systems Revenue Breakdown by Product
Annual Revenue by Product
| Product/Service | Dec 20 | Dec 18 |
|---|---|---|
| Russia Segment | $110.35M | - |
| Europe Segment | $947.30M | - |
| North America Segment | $1.60B | - |
| Operating Segments | - | $393.82M |
EPAM Systems's latest annual revenue breakdown by segment (product or service), as of Dec 20: North America Segment (60.23%), Europe Segment (35.62%), and Russia Segment (4.15%).
Quarterly Revenue by Product
| Product/Service | Mar 21 | Sep 19 | Jun 19 | Mar 19 | Dec 18 | Sep 18 | Jun 18 | Mar 18 |
|---|---|---|---|---|---|---|---|---|
| Russia Segment | $29.22M | - | - | - | - | - | - | - |
| Europe Segment | $276.70M | - | - | - | - | - | - | - |
| North America Segment | $474.85M | - | - | - | - | - | - | - |
| Operating Segments | - | $112.43M | $107.11M | $104.33M | $99.78M | $101.22M | $445.98M | $424.32M |
| Segment Reconciling Items | - | - | - | - | - | - | - | - |
EPAM Systems's latest quarterly revenue breakdown by segment (product or service), as of Mar 21: North America Segment (60.82%), Europe Segment (35.44%), and Russia Segment (3.74%).
EPAM Systems Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| CANADA | $97.98M | $114.91M | $96.65M | $68.42M | $68.30M |
| UNITED STATES | $2.63B | $2.76B | $2.13B | $1.52B | $1.32B |
| SWITZERLAND | $367.12M | $323.42M | $271.21M | $203.39M | $152.71M |
| Other Countries | $578.46M | $564.06M | $366.32M | $228.30M | $200.21M |
| NETHERLANDS | $236.29M | $215.44M | $154.82M | $114.68M | $88.49M |
| GERMANY | $178.49M | $161.76M | $113.73M | $84.90M | $82.44M |
EPAM Systems's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (64.36%), Other Countries (14.14%), SWITZERLAND (8.97%), NETHERLANDS (5.77%), GERMANY (4.36%), and CANADA (2.39%).
Quarterly Revenue by Country
| Country | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | Jun 19 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SWITZERLAND | $98.44M | $96.26M | $91.50M | $89.50M | $89.86M | $86.18M | $76.19M | $79.23M | $81.83M | $73.19M | $66.66M | $63.79M | $67.57M | $59.23M | $50.40M | $46.54M | $47.22M | $42.33M | $38.78M | $35.36M |
| CANADA | $22.62M | $21.86M | $21.81M | $26.48M | $27.83M | $26.93M | $29.14M | $31.81M | $27.03M | $24.51M | $25.84M | $24.45M | $21.84M | $15.69M | $18.22M | $16.59M | $17.92M | $17.96M | $17.58M | $15.79M |
| GERMANY | $50.46M | $45.89M | $44.84M | $45.03M | $42.73M | $45.38M | $40.12M | $39.87M | $36.39M | $34.67M | $31.29M | $25.74M | $22.02M | $22.74M | $22.17M | $19.80M | $20.19M | $22.73M | $20.94M | $19.62M |
| NETHERLANDS | $51.67M | $59.76M | $59.02M | $58.41M | $59.10M | $57.39M | $57.00M | $50.88M | $50.18M | $45.48M | $39.61M | $36.70M | $33.03M | $32.70M | $28.83M | $27.24M | $25.91M | $24.67M | $22.16M | $21.04M |
| Other Countries | $139.22M | $144.93M | $139.94M | $142.81M | $150.78M | $149.93M | $140.46M | $138.40M | $135.27M | $127.39M | $92.08M | $79.68M | $67.17M | $61.09M | $55.78M | $55.50M | $55.93M | $54.70M | $49.18M | $49.29M |
| UNITED STATES | $667.15M | $651.91M | $652.76M | $649.62M | $679.44M | $701.76M | $715.31M | $686.95M | $657.03M | $610.66M | $564.12M | $502.50M | $448.02M | $417.27M | $371.37M | $365.00M | $370.09M | $362.19M | $340.80M | $318.99M |
| Asia Pacific | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $15.20M | $13.89M | - |
| EMEA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $206.70M | $189.31M | - |
| North America | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $380.17M | $358.40M | - |
EPAM Systems's latest quarterly revenue breakdown by geography, as of Mar 24: UNITED STATES (64.80%), Other Countries (13.52%), SWITZERLAND (9.56%), NETHERLANDS (5.02%), GERMANY (4.90%), and CANADA (2.20%).
EPAM Systems Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| ACN | Accenture | $64.11B | $16.47B |
| IBM | International Business Machines | $61.86B | $15.77B |
| CDW | CDW | $21.38B | $5.42B |
| CTSH | Cognizant Technology Solutions | $19.35B | $4.85B |
| FISV | Fiserv | $19.09B | $5.11B |
| INFY | Infosys | $18.56B | $4.57B |
| LDOS | Leidos | $15.44B | $4.13B |
| CACI | CACI | $7.66B | $1.94B |
| CNXC | Concentrix | $7.11B | $2.38B |
| BR | Broadridge Financial Solutions | $6.51B | $1.73B |
| IT | Gartner | $5.91B | $1.60B |
| EPAM | EPAM Systems | $4.69B | $1.15B |
| ASGN | ASGN | $4.45B | $1.03B |
| CLVT | Clarivate | $2.63B | $650.30M |
| EXLS | ExlService | $1.63B | $448.37M |
| TWKS | Thoughtworks | $1.13B | $251.67M |
EPAM Revenue FAQ
What is EPAM Systems’s yearly revenue?
EPAM Systems's yearly revenue for 2023 was $4.69B, representing a decrease of -2.78% compared to 2022. The company's yearly revenue for 2022 was $4.82B, representing an increase of 28.38% compared to 2021. EPAM's yearly revenue for 2021 was $3.76B, representing an increase of 41.31% compared to 2020.
What is EPAM Systems’s quarterly revenue?
EPAM Systems's quarterly revenue for Q2 2024 was $1.15B, a -1.62% decrease from the previous quarter (Q1 2024), and a -2.02% decrease year-over-year (Q2 2023). The company's quarterly revenue for Q1 2024 was $1.17B, a 0.71% increase from the previous quarter (Q4 2023), and a -3.76% decrease year-over-year (Q1 2023). EPAM's quarterly revenue for Q4 2023 was $1.16B, a 0.44% increase from the previous quarter (Q3 2023), and a -6.01% decrease year-over-year (Q4 2022).
What is EPAM Systems’s revenue growth rate?
EPAM Systems's revenue growth rate for the last 3 years (2021-2023) was 24.81%, and for the last 5 years (2019-2023) was 104.49%.
What are EPAM Systems’s revenue streams?
EPAM Systems's revenue streams in c 20 are Russia Segment, Europe Segment, and North America Segment. Russia Segment generated $110.35M in revenue, accounting 4.15% of the company's total revenue Europe Segment generated $947.3M in revenue, accounting 35.62% of the company's total revenue North America Segment generated $1.6B in revenue, accounting 60.23% of the company's total revenue
What is EPAM Systems’s main source of revenue?
For the fiscal year ending Dec 20, the largest source of revenue of EPAM Systems was North America Segment. This segment made a revenue of $1.6B, representing 60.23% of the company's total revenue.