EPAM Systems

Software engineering outsourcing services provider.

Launch date

Apr 1993

Employees

Market cap

Enterprise valuation

AUD15.2b (Public information from Sep 2024)

Newtown Township Pennsylvania (HQ), Minsk Belarus (founding location)

http://www.epam.com

https://twitter.com/epamsystems https://www.linkedin.com/company/epam-systems/https://apps.apple.com/app/id1135407607 epamsystems https://play.google.com/store/apps/details?id=com.epam.connect.android

Revenues, earnings & profits over time

USD	2020	2021	2022	2023	2024	2025	2026
Revenues	2.7b	3.8b	4.8b	4.7b	4.6b	4.9b	5.4b
% growth	16 %	41 %	28 %	(3 %)	(2 %)	6 %	10 %
EBITDA	447m	633m	741m	702m	799m	844m	949m
% EBITDA margin	17 %	17 %	15 %	15 %	17 %	17 %	18 %
Profit	327m	482m	419m	417m	426m	477m	547m
% profit margin	12 %	13 %	9 %	9 %	9 %	10 %	10 %
EV / revenue	7.0x	9.7x	3.6x	3.2x	2.0x	1.8x	1.5x
EV / EBITDA	41.9x	57.6x	23.2x	21.6x	11.8x	10.3x	8.5x

Source: Dealroom estimates

Date	Investors	Amount	Round
-	RTP Global	N/A	-
Jan 2006*	Siguler Guff & Company	$25.0m	Early VC
May 2008*	Russia Partners Euroventures Da Vinci Capital Renaissance Investment Management	$50.0m	Late VC
Feb 2012	N/A	$72.0m Valuation: $494m	IPO
Total Funding		AUD116m

Tech stackLearn more about the technologies and tools that this company uses.

By Country

United States 12 United Kingdom 3 Poland 2 France 1 Belgium 1 Russia 1 China 1 Argentina 1 Israel 1 Spain 1

By Industry

Enterprise Software 6 Fintech 4 Legal 2 Health 2 Education 2 Security 1 Jobs Recruitment 1 Media 1

By Round

ACQUISITION by EPAM Systems Nov 2014

ACQUISITION by EPAM Systems Mar 2018

ACQUISITION by EPAM Systems Sep 2024

ACQUISITION by EPAM Systems Dec 2012

Alliance Global Services

ACQUISITION by EPAM Systems Nov 2015

ACQUISITION by EPAM Systems Jun 2016

ACQUISITION by EPAM Systems Sep 2020

ACQUISITION by EPAM Systems May 2019

ACQUISITION by EPAM Systems Nov 2021

ACQUISITION by EPAM Systems Mar 2020