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EPAM reports Q3 revenue growth, EPS rise, and boosts share buyback program with $1.5B new authorization.

Company Fundamentals
05 Nov 2026, 13:00 WIB
PRNewsWire
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Bullish
EPAM reports Q3 revenue growth, EPS rise, and boosts share buyback program with $1.5B new authorization.

EPAM Systems reported a 2.3% year-over-year revenue increase to $1.426 billion in Q3 2026, with GAAP diluted EPS rising 32.5% to $2.53. The company expanded its share repurchase authorization by $1.5 billion, totaling $1.8 billion, and plans a $500 million accelerated buyback. EPAM commits to returning at least 50% of free cash flow to shareholders annually from 2027 to 2029. For full-year 2026, it expects revenue growth of 3.5%-3.7% and GAAP EPS between $8.41 and $8.49, reflecting strong operational performance and strategic growth in AI transformation services.

As of Nov 05, 2026 18:13 WIB, EPAM Systems shares are trading at USD 147.34 on Pluang, showing a strong 1-day gain of 7.27%. The stock's market capitalization stands at $7.09 billion, reflecting solid investor interest despite a majority of sell orders at 74%. The notable price increase aligns with the company's recent announcement of expanded share repurchase plans and robust earnings growth.

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