---
title: "Epam | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 1.415 B"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/295172743.md"
datetime: "2026-08-07T02:56:07.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/295172743.md)
  - [en](https://longbridge.com/en/news/295172743.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/295172743.md)
---

# Epam | 8-K: FY2026 Q2 Revenue Beats Estimate at USD 1.415 B

Revenue: As of FY2026 Q2, the actual value is USD 1.415 B, beating the estimate of USD 1.407 B.

EPS: As of FY2026 Q2, the actual value is USD 1.97, beating the estimate of USD 1.86.

EBIT: As of FY2026 Q2, the actual value is USD 150.4 M.

#### Second Quarter 2026 Financial Highlights

##### Revenue

EPAM Systems, Inc. reported revenues of $1.415 billion for the second quarter of 2026, representing a 4.5% year-over-year increase. On an organic constant currency basis, revenues were up 3.4% compared to the second quarter of 2025.

##### Operational Profitability

GAAP income from operations increased to $152.2 million, up 20.4% from $126.5 million in the second quarter of 2025, reaching 10.8% of revenues. Non-GAAP income from operations was $232.7 million, a 14.7% increase from $202.9 million in the prior year, representing 16.4% of revenues.

##### Cash Flow and Liquidity

Cash used in operating activities for the first six months of 2026 was - $38.8 million, a decline from $77.4 million provided by operating activities in the first six months of 2025. As of June 30, 2026, cash, cash equivalents, and restricted cash totaled $794.3 million. This marks a 39.0% decrease, or - $507.1 million, from $1.301 billion as of December 31, 2025.

##### Shareholder Returns

EPAM Systems, Inc. spent $409.0 million on share repurchases during the first six months of 2026, which included $85.0 million during the second quarter.

##### Headcount

As of June 30, 2026, total headcount was approximately 62,850. This included approximately 56,650 delivery professionals, an increase of 0.3% from March 31, 2026.

#### Outlook and Guidance

For the full year 2026, EPAM Systems, Inc. anticipates year-over-year revenue growth between 3.2% and 4.2%, with organic constant currency growth ranging from 2.0% to 3.0%. The company forecasts full-year GAAP income from operations to be 10.5% to 11.0% of revenues and non-GAAP income from operations to be 15.5% to 16.0% of revenues. For the third quarter of 2026, revenues are expected between $1.410 billion and $1.425 billion, reflecting 1.7% year-over-year growth at the midpoint.

### Related Stocks

- [EPAM.US](https://longbridge.com/en/quote/EPAM.US.md)

## Related News & Research

- [EPAM Q2 GAAP diluted EPS rises 26.3% to $1.97; revenue increases 4.5% to $1.42 billion](https://longbridge.com/en/news/295088155.md)
- [EPAM Q2 2026 Earnings: Margin Expansion Outpaces Revenue Growth](https://longbridge.com/en/news/295089162.md)
- [EPAM releases Q2 2026 fact sheet detailing revenue growth and profitability metrics](https://longbridge.com/en/news/295088051.md)
- [Mirae Asset Global Investments Co. Ltd. Cuts Holdings in EPAM Systems, Inc. $EPAM](https://longbridge.com/en/news/295917210.md)
- [Aramark Boosts FY26 Organic Revenue Growth - Update](https://longbridge.com/en/news/295525119.md)