Business
EPAM Reports Results for First Quarter 2025 and Raises Full Year Revenue Outlook
EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced results for the first quarter ended March 31, 2025.
About this update from Epam Systems, Inc.
[{"type":"list","items":[{"val":[{"type":"text","content":"First quarter revenues of $1.302 billion, up 11.7% year-over-year","length":65,"tagName":"p"}]},{"val":[{"type":"text","content":"GAAP income from operations was 7.6% of revenues and non-GAAP income from operations was 13.5% of revenues for the first quarter","length":128,"tagName":"p"}]},{"val":[{"type":"text","content":"First quarter GAAP diluted EPS of $1.28, a decrease of $0.69, and non-GAAP diluted EPS of $2.41, a decrease of $0.05 on a year-over-year basis","length":142,"tagName":"p"}]},{"val":[{"type":"text","content":"Based on the strength of organic constant currency revenue growth in the first half of 2025 and updates to our foreign exchange rate assumptions, EPAM raises its expected year-over-year revenue growth rate to now be in the range of 11.5% to 14.5% for 2025","length":260,"tagName":"p"}]}],"tagName":"ul","bulletedList":true,"length":595,"olType":false},{"type":"text","content":"NEWTOWN, Pa., May 8, 2025 /PRNewswire/ -- EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced results for the first quarter ended March 31, 2025.","length":222,"tagName":"p"},{"type":"image","alt":"EPAM Reports Results for First Quarter 2025 and Raises Full Year Revenue Outlook","displaySize":"","headline":null,"caption":"EPAM Reports Results for First Quarter 2025 and Raises Full Year Revenue Outlook","className":"","disableSlideshowImg":false,"size":{"original":{"width":309,"height":400,"url":"https://media.zenfs.com/en/prnewswire.com/30b219f9c4a45977c5c6e84e7371ffff"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ywmbEHtLTIkqAa4stADaZw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTU0NDtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/30b219f9c4a45977c5c6e84e7371ffff","width":309,"height":400}},"href":"https://mma.prnewswire.com/media/2682291/EPAM_Reports_1Q_2025_Results.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":""We reported strong first quarter results amidst a dynamic macroeconomic landscape, which highlights our unique differentiation in supporting our clients through their transformation journeys," said Arkadiy Dobkin, CEO and President at EPAM. "By staying anchored in engineering excellence, disciplined execution and AI-native innovation, we've continued to build sequentia...