EPAM Systems' net profit in three months reached over $102 million: key figures from the company's report for the second quarter of 2026
EPAM Systems has announced financial results for the second quarter of 2026.
EPAM Systems has announced financial results for the second quarter of 2026.
Income
According to the results of the second quarter of 2026 (April-June), EPAM's total revenuereached $1.415 billion, which is 4.5% more than in the same period last year.
Net profit amounted to $102.98 million, which is $14.95 million more than the figure for the corresponding period last year ($88.03 million) .
For comparison, in the first quarter of 2026, EPAM Systems' revenue was $1.400 billion, and the company's net profit was $82.5 million.
Analysis of revenue by business verticals demonstrates uneven dynamics in different sectors of the economy:
Financial services: became the main driver of growth with an indicator of $366 million (+11.5% year-on-year).
Medicine and life sciences: showed a jump to $169 million (+8.0% year-on-year).
Consumer goods, retail and travel: brought in $274 million (+2.3%).
Other new directions: increased by 4.9% to $237 million.
At the same time, two key sectors showed a decline:
Software and high technology: decrease by -1.3% per year ($202 million).
Business information and media: decrease by -2.1% ($167 million).
Geography of income
In terms of regions, the main markets for the company remain North and South America, but the European direction is demonstrating the fastest recovery rates:
America: $806 million (symbolic growth of 0.5% per year);
EMEA (Europe, Middle East and Africa): $582 million (10.9% growth year-on-year);
APAC (Asia-Pacific): $27 million (a slight drop of -0.3% year-on-year).
Team
As of the end of Q2 2026, EPAM's total workforce exceeds 62,850 employees. More than 56,650 specialists (Delivery Professionals) are directly responsible for production and engineering processes.
Recall that as of June 30, 2025, the company's total staff was approximately 62,050 people .
The company operates in more than 55 countries and regions around the world.
Forecasts
In the third quarter of 2026, the company expects to generate revenue of $1.41 billion to $1.425 billion, which represents an average growth of approximately 1.7% compared to the same period last year. Overall, for the entire year of 2026, EPAM expects revenue to increase by 3.2% to 4.2%.
“The second quarter results exceeded our expectations with continued momentum in AI and continued profitability growth, demonstrating the quality execution of our multi-year strategy,” said Balazs Fejes, CEO and President of EPAM. “As we continue to expand strategic partnerships and build on our 30+ years of engineering DNA to create a next-generation engineering organization, we have high confidence in our strategy, team, and commercial transformation.”
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