EPAM has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
EPAM has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. EPAM Systems's Net Income for the three months ended in Dec. 2024 was $103 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2024 was $455 Mil.
Net Income is linked to the most popular Earnings per Share (Diluted) number. EPAM Systems's Earnings per Share (Diluted) for the three months ended in Dec. 2024 was $1.80.
The historical data trend for EPAM Systems's Net Income can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
EPAM Systems Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
Net Income | Get a 7-Day Free Trial |
![]() |
![]() |
327.16 | 481.65 | 419.42 | 417.08 | 454.53 |
EPAM Systems Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Net Income | Get a 7-Day Free Trial |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |
97.55 | 116.24 | 98.65 | 136.35 | 103.30 |
Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.
Net Income
= Revenue
- Cost of Goods Sold
- Selling, General, & Admin. Expense
- Research & Development
- Depreciation, Depletion and Amortization
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= EBITDA
- Depreciation, Depletion and Amortization
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= Operating Income
- Interest Expense
- Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others
EPAM Systems's Net Income for the fiscal year that ended in Dec. 2024 is calculated as
Net Income | (A: Dec. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 584.412 | + | -129.879 | + | 0 | + | 0 |
= | 455 |
EPAM Systems's Net Income for the quarter that ended in Dec. 2024 is calculated as
Net Income | (Q: Dec. 2024 ) | ||||||
= | Pre-Tax Income | + | Tax Provision | + | Net Income (Discontinued Operations) | + | Others |
= | 137.331 | + | -34.032 | + | 0 | + | 1.4210854715202E-14 |
= | 103 |
Net Income for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $455 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
EPAM Systems (NYSE:EPAM) Net Income Explanation
Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:
EPAM Systems's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2024 is calculated as
Earnings per Share (Diluted) (Q: Dec. 2024 ) | = | (Net Income | - | Preferred Dividends) | / | Shares Outstanding (Diluted Average) |
= | (103.299 | - | 0) | / | 57.434 | |
= | 1.80 |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
EPS is most useful for companies that have:
A predictable businessThe dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.
Be Aware
Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.
Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.
If net earnings is less than 10%, likely to be in a highly competitive business.
Thank you for viewing the detailed overview of EPAM Systems's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Sergey Yezhkov | officer: SVP/Co-Head of Global Business | C/O EPAM SYSTEMS, INC., 41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN PA 18940 |
Balazs Fejes | officer: Chief Technology Officer | C/O EPAM SYSTEMS, INC., 41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN PA 18940 |
Jason D. Peterson | officer: Chief Financial Officer | 41 UNIVERSITY DRIVE SUITE 202, NEWTOWN PA 18940 |
Viktar Dvorkin | officer: SVP/Head of Global Delivery | C/O EPAM SYSTEMS, INC., 41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN PA 18940 |
Arkadiy Dobkin | director, 10 percent owner, officer: CEO, President, Chairman | C/O EPAM SYSTEMS, INC., 41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN PA 18940 |
Lawrence F Solomon | officer: SVP & Chief People Officer | 41 UNIVERSITY DRIVE SUITE 202, NEWTOWN PA 18940 |
Elaina Shekhter | officer: Chief Marketing Officer | 860 GREAT OAKS TRAIL, EAGAN MN 55123 |
Eugene Roman | director | 72 EDENBRIDGE DRIVE, TORONTO A6 M9A3G2 |
Chandra Mcmahon | director | C/O EPAM SYSTEMS, INC., 41 UNIVERSITY DRIVE SUITE 202, NEWTOWN PA 18940 |
Deanne Aguirre | director | C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301 |
Gary C Abrahams | officer: VP, Corporate Controller, PAO | 41 UNIVERSITY DRIVE SUITE 202, NEWTOWN PA 18940 |
Boris Shnayder | officer: SVP/Co-Head of Global Business | 41 UNIVERSITY DRIVE SUITE 202, NEWTOWN PA 18940 |
Ronald P Vargo | director | 41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN PA 18940 |
Robert E. Segert | director | C/O EPAM SYSTEMS, INC., 41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN PA 18940 |
Karl Robb | director, officer: Pres. of EU Operations, EVP | C/O EPAM SYSTEMS, INC., 41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN PA 18940 |
From GuruFocus
By PRNewswire • 01-21-2025
By GuruFocus News • 02-21-2025
By GuruFocus News • 02-23-2025
By GuruFocus News • 01-21-2025
By GuruFocus News • 02-21-2025
By PRNewswire • 12-03-2024
By GuruFocus News • 02-20-2025
By GuruFocus News • 02-21-2025
By GuruFocus News • 02-05-2025
By GuruFocus News • 01-27-2025
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.