EPAM Systems Inc

EPAM: XNYS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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EPAM Earnings: Long-Term Capital Allocation Framework Underpins Confidence in Cash Flow

Luke Yang

Nov 5, 2026

EPAM's third-quarter revenue topped guidance with a 2.5% constant-currency growth year over year. GAAP operating margin of 12.3% and non-GAAP operating margin of 16.7% both reached two-year highs. Management also increased share repurchase authorization by $1.5 billion.

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EPAM Systems Inc

EPAM Earnings: Long-Term Capital Allocation Framework Underpins Confidence in Cash Flow

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