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Did EPAM Systems Beat Earnings?
EPAM Systems (EPAM) reported Q2 '26 revenue of $1.41B, up 4.5% year-over-year, with reported EPS of $2.93. That topped the $2.44 analyst estimate by 20.1% — an earnings beat.
AltIndex tracks earnings alongside 25+ alternative data signals that can move ahead of the report — EPAM Systems’s job postings, web traffic, and employee business outlook. See the full EPAM stock analysis or the earnings calendar for upcoming reports.
EPAM Earnings Surprise History (EPS vs. Estimate)
| Quarter | Estimated EPS | Reported EPS | Surprise |
|---|---|---|---|
| Q2 '26 | $2.44 | $2.93 | Beat +20.1% |
| Q1 '26 | $2.75 | $2.86 | Beat +4.0% |
| Q4 '25 | $3.16 | $3.26 | Beat +3.2% |
| Q3 '25 | $3.03 | $3.08 | Beat +1.7% |
| Q2 '25 | $2.07 | $2.09 | Beat +1.0% |
| Q1 '25 | $2.27 | $2.41 | Beat +6.2% |
EPAM Systems Quarterly Financial Trends
| Metric | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1.17B | 1.25B | 1.3B | 1.35B | 1.39B | 1.41B | 1.4B | 1.41B |
| Gross margin | 34.6% | 30.4% | 26.9% | 28.8% | 27.2% | 30.1% | 25.6% | 30.4% |
| Operating margin | 15.2% | 10.9% | 7.6% | 9.3% | 11.2% | 10.6% | 8.5% | 10.8% |
| Net income | 136M | 103M | 73M | 88M | 107M | 109M | 83M | 103M |
| Net margin | 11.7% | 8.3% | 5.6% | 6.5% | 7.7% | 7.8% | 5.9% | 7.3% |
| EPS | $3.12 | $2.84 | $2.41 | $2.09 | $3.08 | $3.26 | $2.86 | $2.93 |
EPAM Systems Earnings Trend Analysis
Over the eight quarters from Q3 '24 to Q2 '26, EPAM Systems’s quarterly revenue moved from $1.17B to $1.41B. Net margin compressed from 11.7% to 7.3%, against a 30.4% gross margin in the most recent quarter — a read on whether revenue growth is translating into profit. EPAM Systems has beaten Wall Street EPS estimates in 8 of its last 8 reported quarters.
When Is EPAM Systems’s Next Earnings Date?
EPAM Systems reports earnings on a quarterly schedule. Its most recent report covered Q2 '26. For the confirmed upcoming date — and every other company reporting soon — see the EPAM earnings calendar.
Frequently Asked Questions: EPAM Systems Earnings
EPAM Systems's next earnings date has not been confirmed yet. See the earnings calendar for all upcoming reports.
EPAM Systems reported Q2 '26 EPS of $2.93 on revenue of $1.41B (+4.5% YoY). EPAM Systems beat estimates, reporting $2.93 vs. the $2.44 estimate.
EPAM Systems reported Q2 '26 revenue of $1.41B, up 4.5% from the same quarter a year earlier.
Signals like job postings, web traffic, and employee sentiment reflect business activity in real time and can move before quarterly results are reported. AltIndex combines them with 25+ others in the EPAM AI Score.
