EPAM changes
Pick any two versions below to diff them.
- Price
- $122.19 → $134.00(+9.7%)
- Discount
- −6% → −17%(−11.0 pts)
- Recent events
- 2026-08-31: The activist fund Engine Capital made public a letter to the EPAM board. Reuters reported that the fund owns about 1.5% of EPAM. The letter asks EPAM to use its cash, future free cash flow and debt for much larger buybacks. If the board does not do this, the fund wants a formal strategic review, which can include a sale of the company. It also asks for new independent directors and a capital allocation committee. 2026-08-06: EPAM reported Q2 2026 results. Revenue rose 4.5% to $1.415 billion, and organic constant currency growth was 3.4%. The non-GAAP operating margin rose to 16.4% from 15.0%, and non-GAAP EPS rose 22% to $3.38. EPAM lowered its 2026 revenue growth outlook to 3.2% to 4.2%, and its organic constant currency outlook to 2.0% to 3.0%. It raised its non-GAAP EPS outlook to $13.08 to $13.24. 2026-05-21: At the annual meeting, shareholders approved a change to the certificate of incorporation that lets shareholders call a special meeting. They also approved 4,000,000 more shares for the long-term incentive plan. 2026-05-07: EPAM reported Q1 2026 results. Revenue rose 7.6% to $1.400 billion, and organic constant currency growth was 3.7%. Non-GAAP EPS was $2.86. EPAM spent $324 million on buybacks in the quarter. It lowered its 2026 organic constant currency growth outlook to 2.5% to 5.0%. 2026-03-04: EPAM agreed with Morgan Stanley to buy back $300 million of its shares through an accelerated share repurchase. It received an initial 1,703,336 shares. It paid with cash on hand and borrowings under its credit facility. 2026-02-19: EPAM reported Q4 and full-year 2025 results. Revenue for 2025 rose 15.4% to $5.457 billion, and non-GAAP EPS rose 5.9% to $11.50. For 2026, EPAM expected revenue growth of 4.5% to 7.5% and organic constant currency growth of 3% to 6%.