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Epam (EPAM) Reports Q2 Earnings: What Key Metrics Have to Say

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For the quarter ended June 2026, Epam (EPAM - Free Report) reported revenue of $1.41 billion, up 4.5% over the same period last year. EPS came in at $3.38, compared to $2.77 in the year-ago quarter.

The reported revenue represents a surprise of +0.52% over the Zacks Consensus Estimate of $1.41 billion. With the consensus EPS estimate being $3.14, the EPS surprise was +7.64%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Epam performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Headcount: 62,850 compared to the 62,964 average estimate based on two analysts.
  • Delivery professionals: 56,650 compared to the 56,854 average estimate based on two analysts.
  • Revenues by Customer Location- Americas: $805.41 million versus $830.28 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +0.5% change.
  • Revenues by Customer Location- APAC: $27.12 million compared to the $27.9 million average estimate based on two analysts. The reported number represents a change of -0.3% year over year.
  • Revenues by Customer Location- EMEA: $582.23 million versus $542.34 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +10.9% change.
  • Revenues by Industry Verticals- Financial Services: $366.19 million compared to the $344.04 million average estimate based on two analysts. The reported number represents a change of +11.5% year over year.
  • Revenues by Industry Verticals- Software & Hi-Tech: $202.02 million compared to the $212.19 million average estimate based on two analysts. The reported number represents a change of -1.3% year over year.
  • Revenues by Industry Verticals- Life Sciences & Healthcare: $169.08 million versus $163.83 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +8% change.
  • Revenues by Industry Verticals- Emerging Verticals: $236.5 million versus the two-analyst average estimate of $236.08 million. The reported number represents a year-over-year change of +4.9%.
  • Revenues by Industry Verticals- Consumer Goods, Retail & Travel: $274.25 million versus the two-analyst average estimate of $277.49 million. The reported number represents a year-over-year change of +2.3%.
  • Revenues by Contract Type- Time-and-material: $1.1 billion versus the two-analyst average estimate of $1.16 billion. The reported number represents a year-over-year change of +1.5%.
  • Revenues by Contract Type- Fixed-price: $305.49 million compared to the $232.65 million average estimate based on two analysts. The reported number represents a change of +18.4% year over year.

View all Key Company Metrics for Epam here>>>

Shares of Epam have returned +6.6% over the past month versus the Zacks S&P 500 composite's +2.3% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.

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