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EPAM Systems reports third consecutive quarter of growth, although net profit lags year-on-year

EPAM Systemsannounced its second quarter 2025 results. The company posted its third consecutive quarter of growth, driven in part by demand for AI-based engineering and technology solutions. The company also saw an increase in headcount over the three months.

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EPAM Systems reports third consecutive quarter of growth, although net profit lags year-on-year

EPAM Systemsannounced its second quarter 2025 results. The company posted its third consecutive quarter of growth, driven in part by demand for AI-based engineering and technology solutions. The company also saw an increase in headcount over the three months.

According to the report, in the second quarter, EPAM Systems' revenue grew by 18% ($206.8 million) compared to the same period last year, reaching $1.353 billion. In the first quarter of 2025, revenue amounted to $1.302 billion.

The EMEA region showed the highest growth ($525 million, up 21.7% year-on-year). It was followed by the Americas ($801 million, up 15.9%) and APAC ($27 million, up 13.0%).

Net profit amounted to $88.026 million. This figure is less than the second quarter of 2024 — $98.6 million, but at the same time more than the first of this year — $73.5 million .

The total number of employees as of June 30, 2025 was approximately 62,050 people. Of these, approximately 55,800 are service professionals (designers, engineers and consultants). The staff has increased by 350 people in three months.

The company expects revenue growth in the third quarter in the range of $1.365 billion to $1.380 billion.

The CEO of Ukrainian EPAM has resigned. He will be replaced by a manager who has worked at the company for over 17 years
The CEO of Ukrainian EPAM has resigned. He will be replaced by a manager who has worked at the company for over 17 years.
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The CEO of Ukrainian EPAM has resigned. He will be replaced by a manager who has worked at the company for over 17 years.
EPAM's net profit decreased by more than $40 million in three months but at the same time has the highest revenue for the year — key figures from the company's report for the first quarter of 2025
EPAM's net profit decreased by more than $40 million in three months, but at the same time has the highest revenue for the year - key figures from the company's report for the first quarter of 2025
On the topic
EPAM's net profit decreased by more than $40 million in three months, but at the same time has the highest revenue for the year - key figures from the company's report for the first quarter of 2025
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Read the country's main IT news in our Telegram
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Read the country's main IT news in our Telegram

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