EPAM Systems posts Q3 revenue of $1.394 billion and GAAP diluted EPS of $1.91
Reuters
Nov 06, 2025
EPAM Systems posts Q3 revenue of $1.394 billion and GAAP diluted EPS of $1.91
EPAM Systems Inc. reported third quarter 2025 revenues of $1.4 billion, up 19.4% year-over-year. GAAP income from operations was 10.4% of revenues, while non-GAAP income from operations was 16.0% of revenues. GAAP diluted EPS was $1.91, a decrease of $0.46 year-over-year, and non-GAAP diluted EPS was $3.08, down $0.04. EPAM repurchased $82.1 million of stock in the quarter and established a new share repurchase plan for up to $1 billion. The company raised its full year 2025 expected revenue growth rate to 14.8%-15.2% and increased its expected GAAP diluted EPS to $6.75-$6.83 and non-GAAP diluted EPS to $11.36-$11.44. For the fourth quarter, EPAM expects revenues to continue growing, with GAAP diluted EPS projected at $2.00-$2.08 and non-GAAP diluted EPS at $3.10-$3.18. The company continues to focus on AI and digital transformation initiatives.
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