EPAM Systems reported second quarter 2026 revenues of $1.415 billion, a 4.5% year-over-year increase, with GAAP diluted EPS rising 26.3% to $1.97 and non-GAAP diluted EPS increasing 22.0% to $3.38. The company spent $85 million on share repurchases during the quarter, bringing total buybacks for the first half of 2026 to $409 million. EPAM updated its full-year guidance, now expecting revenue growth between 3.2% and 4.2%, with GAAP diluted EPS projected at $8.22 to $8.38 and non-GAAP diluted EPS at $13.08 to $13.24. Third quarter revenue is expected to range from $1.410 billion to $1.425 billion, reflecting 1.7% growth at the midpoint. EPAM Systems operates in the technology industry, providing digital and AI transformation engineering services.
