Two IT companies dropped from Forbes Ukraine's list of the largest businesses. Now there are only six

According to Forbes Ukraine, the "ticket price" for getting into their ranking has increased by 17%: if last year it was enough to have a revenue of 4.7 billion UAH, this time it is already 5.5 billion UAH.

In total, the 6 IT companies on the list have a combined revenue of UAH 83-93 billion. This is approximately 13% more than in 2023.

IT companies that made it into the ranking of "202 largest private companies in Ukraine" by revenue in 2024

1. SoftServe: 48th place in the ranking with revenue of 21-26 billion UAH.
2. EPAM: 62nd place with revenue of UAH 18.9 billion.
3. Genesis: 71st place with revenue of UAH 14–18 billion.
4. Ajax Systems: 98th place with revenue of UAH 11.5–12.5 billion.
5. GlobalLogic: 102nd place with revenue of UAH 8.2 billion.
6. DXC Luxoft: 191st place with revenue of UAH 6 billion.

Forbes Ukraine noted that service companies SoftServe, EPAM, GlobalLogic, and Luxoft lost about 20 positions in the ranking.

Things are better for product companies: Ajax Systems rose 12 positions, and Genesis lost only one position.

If we talk about the top 10 largest IT companies, then those in the ranking also include:

• N-iX with a turnover of UAH 5-5.5 billion;
• Fintech-IT Group (mono) with revenue of UAH 4.1-6.1 billion;
• Intellias with revenue of UAH 4.3-4.6 billion;
• DataArt with a bargain 4-4.5 billion UAH.

N-iX and Fintech Band were present in last year's ranking.

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Read the country's main IT news in our Telegram