EPAM Systems reports Q3 2026 earnings beat, raises full‑year outlook and expands share buyback
EPAM Systems posted third‑quarter 2026 revenue of $1.426 billion, up 2.3% year‑over‑year, and GAAP diluted EPS of $2.53, a 32.5% increase. Non‑GAAP diluted EPS rose 14.0% to $3.51, beating analyst estimates. The company lifted its full‑year revenue growth guidance to 3.5%‑3.7% and its adjusted EPS outlook to $13.23‑$13.31, and increased its share‑repurchase authorization by $1.5 billion, adding a $500 million accelerated buyback.
Why it matters
The higher full‑year EPS guidance raises the company’s earnings outlook, which could support a higher valuation. The expanded buyback program adds $1.5 billion of potential share repurchases, increasing cash returns to shareholders.
Key facts
- 1Third‑quarter revenue was $1.426 billion, a 2.3% year‑over‑year increase and 2.5% organic constant‑currency growth. prnewswire.com
- 2GAAP diluted EPS was $2.53, up $0.62 or 32.5% from the prior year. prnewswire.com
- 3Non‑GAAP diluted EPS was $3.51, up $0.43 or 14.0% from the prior year. prnewswire.com
- 4Full‑year revenue growth guidance was raised to a range of 3.5%‑3.7% (organic constant‑currency 2.5%‑2.7%). prnewswire.com
- 5Full‑year adjusted EPS guidance was raised to a range of $13.23‑$13.31. prnewswire.com
- 6Share‑repurchase authorization was increased by $1.5 billion, bringing total remaining authorization to $1.8 billion and adding a $500 million accelerated buyback. prnewswire.com
Summary written by AlphAI AI Desk from 14 of 14 sources. Not investment advice. Figures are as stated by the linked sources.