Epam (EPAM) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates

Epam (EPAM) reported $1.41 billion in revenue for the quarter ended December 2025, representing a year-over-year increase of 12.8%. EPS of $3.26 for the same period compares to $2.84 a year ago.

The reported revenue compares to the Zacks Consensus Estimate of $1.39 billion, representing a surprise of +1.08%. The company delivered an EPS surprise of +3.17%, with the consensus EPS estimate being $3.16.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Epam performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

• Headcount: 62,850 compared to the 62,734 average estimate based on two analysts.
• Delivery professionals: 56,600 versus the two-analyst average estimate of 56,450.
• Revenues by Customer Location- Americas: $810.6 million compared to the $830.55 million average estimate based on two analysts. The reported number represents a change of +7.6% year over year.
• Revenues by Customer Location- APAC: $27.3 million versus $28.19 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +0.5% change.
• Revenues by Customer Location- EMEA: $569.6 million versus $525.76 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +21.8% change.
• Revenues by Industry Verticals- Financial Services: $336.4 million compared to the $331.55 million average estimate based on two analysts. The reported number represents a change of +19.8% year over year.
• Revenues by Industry Verticals- Software & Hi-Tech: $214.9 million compared to the $202.43 million average estimate based on two analysts. The reported number represents a change of +18.1% year over year.
• Revenues by Industry Verticals- Life Sciences & Healthcare: $155 million versus $166.16 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +2% change.
• Revenues by Industry Verticals- Emerging Verticals: $252.2 million versus the two-analyst average estimate of $233.81 million. The reported number represents a year-over-year change of +19.1%.
• Revenues by Industry Verticals- Consumer Goods, Retail & Travelr: $277.9 million versus $276.83 million estimated by two analysts on average. Compared to the year-ago quarter, this number represents a +10.9% change.
• Revenues by Contract Type- Time-and-material: $1.12 billion versus the two-analyst average estimate of $1.16 billion. The reported number represents a year-over-year change of +10.8%.
• Revenues by Contract Type- Fixed-price: $284.9 million compared to the $223.21 million average estimate based on two analysts. The reported number represents a change of +21.9% year over year.

View all Key Company Metrics for Epam here>>>

Shares of Epam have returned -36.5% over the past month versus the Zacks S&P 500 composite's -1% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.