EPAM Q2 GAAP diluted EPS rises 26.3% to $1.97; revenue increases 4.5% to $1.42 billion - EPAM News | RalliesEPAM Q2 GAAP diluted EPS rises 26.3% to $1.97; revenue increases 4.5% to $1.42 billion
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EPAM• Outlook raised for full year
- EPAM forecast Q3 revenue of USD 1.41 billion to USD 1.43 billion.
- The company raised its full-year GAAP diluted EPS outlook to USD 8.22 to USD 8.38.
Q2 earnings and margins improve
- EPAM posted Q2 2026 net income of USD 102.98 million, up 16.98% year-over-year; GAAP diluted EPS rose 26.3% to USD 1.97.
- Revenue climbed 4.5% from a year earlier to USD 1.42 billion; GAAP operating margin widened 1.5 percentage points to 10.8%.
- Non-GAAP diluted EPS increased 22% year-over-year to USD 3.38; non-GAAP operating margin widened 1.4 percentage points to 16.4%.
- The company spent USD 85 million on share repurchases in the quarter; cash and cash equivalents fell to USD 789.4 million at June 30.
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