EPAM Systems Q2 revenue rises 4.5%, EPS up 26%, boosts full-year outlook

EPAM Systems reported second quarter 2026 revenues of $1.415 billion, up 4.5% year-over-year, with GAAP diluted EPS increasing 26.3% to $1.97. The company improved profitability margins and spent $85 million on share repurchases in Q2. EPAM raised its full-year revenue growth forecast to 3.2%-4.2% and expects GAAP diluted EPS between $8.22 and $8.38. The strong results reflect ongoing AI-driven growth and strategic execution, with cautious optimism for continued expansion in Q3 and beyond.