EPAM reports Q2 2026 revenue of $1.415 billion
GAAP EPS rose 26.3% to $1.97. The company increased share repurchases by $85 million and updated full-year financial guidance.
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Software engineering and digital transformation services provider
epam.comLast updated
In short: EPAM posted Q2 revenue growth, cut its annual forecast, and expanded AI partnerships with OpenAI and Anthropic.
GAAP EPS rose 26.3% to $1.97. The company increased share repurchases by $85 million and updated full-year financial guidance.
Revenues reached $1.400 billion, up 7.6% year-over-year. GAAP diluted EPS increased to $1.52. Full-year revenue growth outlook is 4.0%-6.5%.
EPAM announces ASR with Morgan Stanley to repurchase common stock under its $1.0 billion authorization. CEO Balazs Fejes expresses confidence in long-term outlook. Remaining authorization is $452.5 million.
They replace legacy systems with scalable infrastructure, providing AI-powered data insights for insurance clients.
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