EPAM Systems, Inc. (EPAM)

EPAM Systems Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,041	1,286	2,036	1,681	1,447	1,322
Short-Term Investments	-	1.69	60.74	60.34	-	60.01
Cash & Short-Term Investments	1,041	1,288	2,097	1,742	1,447	1,382
Cash Growth	-43.67%	-38.58%	20.40%	20.40%	4.67%	47.58%
Accounts Receivable	1,159	1,002	897.03	932.63	768.93	501.06
Other Receivables	15.4	23.1	-	-	-	-
Receivables	1,174	1,025	897.03	932.63	768.93	501.06
Prepaid Expenses	135.66	112.18	81.65	72.7	52	24.51
Restricted Cash	1.21	0.84	5.29	0.43	0.5	0.11
Other Current Assets	17.91	-	10.42	12.19	1.43	4.96
Total Current Assets	2,370	2,426	3,091	2,760	2,269	1,913
Property, Plant & Equipment	330.95	335.91	369.95	422.13	421.06	398.21
Long-Term Investments	36.1	38.5	31.7	28.4	27.5	25
Goodwill	1,209	1,182	562.46	529.07	530.72	211.96
Other Intangible Assets	435.89	436.42	71.12	77.65	101.14	51.98
Long-Term Deferred Tax Assets	240.85	269.8	197.9	172.8	143.93	92.45
Other Long-Term Assets	86.96	62.02	27.88	19.48	29.4	28.96
Total Assets	4,711	4,750	4,352	4,009	3,523	2,721
Accounts Payable	45.28	44.7	31.99	30.85	24.85	10.19
Accrued Expenses	591.27	528.69	452.6	523.3	552.92	329.23
Short-Term Debt	-	-	-	2.86	16.02	-
Current Portion of Leases	40.43	39.63	36.56	40.35	50.1	60.76
Current Income Taxes Payable	18.46	50.4	38.81	46.07	27.44	20.6
Current Unearned Revenue	51.77	59.32	27.99	36.04	39.81	17.38
Other Current Liabilities	0.22	98.3	56.98	68.01	52.28	27.79
Total Current Liabilities	747.43	821.04	644.93	747.48	763.42	465.95
Long-Term Debt	25.04	25.19	26.13	27.69	30.23	25.04
Long-Term Leases	97.22	98.43	109.26	122.32	142.8	180.6
Long-Term Unearned Revenue	0.56	0.74	0.95	0.04	0.08	0.09
Long-Term Deferred Tax Liabilities	98.06	92.36	8.74	12.8	18.3	3.3
Other Long-Term Liabilities	74.02	54.09	75.97	86.01	69.06	57.93
Total Liabilities	1,042	1,119	880.9	1,006	1,027	738.31
Common Stock	0.06	0.06	0.06	0.06	0.06	0.06
Additional Paid-In Capital	1,286	1,190	1,009	847.97	711.91	660.77
Retained Earnings	2,360	2,556	2,501	2,249	1,830	1,348
Treasury Stock	-	-	-	-0.12	-0.18	-0.18
Comprehensive Income & Other	21.31	-116.86	-39.04	-95.32	-54.21	-25.51
Total Common Equity	3,668	3,629	3,471	3,002	2,487	1,983
Minority Interest	0.58	1.94	0.58	1.48	8.72	-
Shareholders' Equity	3,668	3,631	3,471	3,003	2,496	1,983
Total Liabilities & Equity	4,711	4,750	4,352	4,009	3,523	2,721
Total Debt	162.69	163.25	171.95	193.22	239.16	266.4
Net Cash (Debt)	878.65	1,125	1,925	1,548	1,207	1,116
Net Cash Growth	-47.78%	-41.58%	24.32%	28.24%	8.22%	65.76%
Net Cash Per Share	15.37	19.40	32.58	26.17	20.44	19.09
Filing Date Shares Outstanding	55.7	56.89	57.83	57.68	56.88	56.18
Total Common Shares Outstanding	55.7	56.87	57.79	57.66	56.85	56.11
Working Capital	1,623	1,605	2,446	2,012	1,506	1,447
Book Value Per Share	65.85	63.82	60.06	52.06	43.75	35.34
Tangible Book Value	2,022	2,011	2,837	2,395	1,855	1,719
Tangible Book Value Per Share	36.31	35.37	49.10	41.54	32.63	30.64
Land	-	1.34	1.34	1.34	1.34	1.34
Buildings	-	55.06	54.9	54.63	55.39	52.01
Machinery	-	186.55	196.89	198.48	222.39	170.16
Construction In Progress	-	52.26	51.48	51.5	50.13	-
Leasehold Improvements	-	39.28	37.19	32.95	37.83	39.68

Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q