EPAM Systems Beats Q3 2026 Estimates as Revenue Rises 2.3% to $1.43B

EPAM Systems (EPAM) beat estimates for the third quarter of 2026 on both revenue and adjusted EPS. Revenue was $1.43 billion, up 2.3% from a year earlier, above the $1.42 billion estimate, and adjusted EPS was $3.51, up 14% from a year earlier, above the $3.41 estimate.

Shares fell 0.6% in premarket trading as of 6:00 a.m. ET, to $136.48 from a $137.36 close.

Q3 2026 scorecard

By our calculation, revenue was $7.2 million above the estimate and adjusted EPS was $0.10 above it. The QoQ column compares with the previous quarter's revenue of $1.41 billion and adjusted EPS of $3.38. The YoY column compares with $1.39 billion and $3.08 in the same quarter a year earlier.

Track record

• EPS record. Adjusted EPS beat the estimate in 8 of the last 8 reports, including this one.
• Revenue record. Revenue beat the estimate in 6 of the last 8 reports.
• Revenue trend. Revenue over the last 5 reports, oldest first: $1.39 billion, $1.41 billion, $1.40 billion, $1.41 billion and $1.43 billion.

What to watch

• Next-quarter estimates. Consensus calls for EPS of $3.51 and revenue of $1.42 billion next quarter, based on 12 analysts.
• Revenue growth. Whether revenue keeps growing from a year earlier after this quarter's 2.3% increase to $1.43 billion.
• Estimate record. Whether EPAM Systems extends a record of beating EPS estimates in 8 of its last 8 reports.
• Related coverage. See our reports on Ducommun, ACI Worldwide, Duke Energy and Celsius.

Sources: Results are from EPAM Systems's Nov. 5, 2026 quarterly report. Estimates are consensus figures. The prior-quarter and year-ago comparison figures are from EPAM Systems's earlier quarterly reports. Items labeled by our calculation are our own arithmetic. This article is informational only and is not investment advice.