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Cash Flow Overview

Change in Cash
-$248,330K
Free Cash flow
-$17,638K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Net income
    • Depreciation and amortization of...
    • Proceeds from debt
    • Others
Negative Cash Flow Breakdown
    • Repayment of debt
    • Trade receivables and contract a...
    • Repurchase of common stock
    • Others
Cash Flow
2026-06-30
2026-03-31
2025-12-31
2025-09-30
Net income
102,979
82,521
109,354
106,816
Depreciation and amortization expense
-
31,539
30,787
31,313
Depreciation and amortization of property and equipment
63,640
-
-
-
Operating lease right-of-use assets amortization expense
10,282
10,435
10,331
10,358
Bad debt expense (recovery)
-341
-593
1,845
-200
Deferred taxes
-14,431
19,070
-62,503
9,296
Stock-based compensation expense
46,401
49,919
45,146
44,604
Unrealized gain on derivative instruments
-
-
0
-
Impairment charges
-
-
175
-
Loss on sale of business
-
-
0
-
Other
-3,287
-394
-2,499
-2,763
Trade receivables and contract assets
93,409
78,801
-22,629
91,758
Prepaid and other assets
-5,760
16,057
20,226
-1,172
Accounts payable
331
-12,806
-7,421
-5,019
Accrued expenses and other liabilities
-67,669
-85,881
122,266
82,568
Operating lease liabilities
-10,303
-9,642
-13,392
-32,856
Income taxes payable
-17,412
-26,458
41,400
-2,298
Net cash provided by (used in) operating activities
-2,424
-36,360
282,890
294,684
Purchases of property and equipment
15,214
17,857
14,781
8,302
Purchases of short-term investments
868
835
91
-72
Proceeds from short-term investments
83
2,213
0
0
Acquisition of business, net of cash acquired
0
307
88
-2
Purchases of non-marketable securities
240
0
305
360
Proceeds from non-marketable securities
0
0
138
0
Other investing activities, net
268
-1,140
1,118
692
Net cash used in investing activities
-16,507
-15,646
-16,245
-9,280
Proceeds from issuance of stock under the employee incentive programs
13,614
704
19,541
458
Payments of withholding taxesrelated tonet share settlements of equity awards
19,700
3,152
2,381
1,083
Proceeds from debt
40,000
140,000
5,714
-
Repayment of debt
180,031
155
6,418
754
Repurchase of common stock
84,975
323,980
223,526
82,102
Payment of contingent consideration for previously acquired businesses
1,450
5,708
6
1,492
Purchase of subsidiary shares from noncontrolling interest
0
0
0
0
Other financing activities, net
-608
92
-4,905
-677
Net cash used in financing activities
-233,150
-192,199
-211,981
-85,650
Effect of exchange rate changes on cash, cash equivalents and restricted cash
3,751
-14,555
3,198
-2,720
Net decrease in cash, cash equivalents and restricted cash
-248,330
-258,760
57,862
197,034
Cash, cash equivalents and restricted cash, beginning of period
1,042,617
1,301,377
1,178,502
1,178,502
Cash, cash equivalents and restricted cash, end of period
794,287
1,042,617
1,301,377
1,243,515
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Effect of exchange ratechanges on cash, cash...$3,751K (-89.88%↓ Y/Y)Net decrease incash, cash...-$248,330K (-88.10%↓ Y/Y)Canceled cashflow$3,751K Proceeds from debt$40,000K Proceeds from issuance ofstock under the...$13,614K (-9.84%↓ Y/Y)Proceeds from short-terminvestments$83K Net income$102,979K (16.99%↑ Y/Y)Depreciation andamortization of property and...$63,640K Stock-based compensationexpense$46,401K (20.34%↑ Y/Y)Operating leaseright-of-use assets...$10,282K (-3.47%↓ Y/Y)Prepaid and other assets-$5,760K (56.93%↑ Y/Y)Other-$3,287K (-76.06%↓ Y/Y)Accounts payable$331K (144.43%↑ Y/Y)Net cash used infinancing activities-$233,150K (-14.26%↓ Y/Y)Net cash used ininvesting activities-$16,507K (9.37%↑ Y/Y)Canceled cashflow$53,614K Canceled cashflow$83K Net cash provided by(used in) operating...-$2,424K (-104.56%↓ Y/Y)Canceled cashflow$232,680K Repayment of debt$180,031K (44462.13%↑ Y/Y)Repurchase of common stock$84,975K (-56.76%↓ Y/Y)Purchases of property andequipment$15,214K (54.76%↑ Y/Y)Purchases of short-terminvestments$868K (1746.81%↑ Y/Y)Other investingactivities, net$268K (-83.90%↓ Y/Y)Purchases ofnon-marketable securities$240K Payments of withholdingtaxesrelated tonet share...$19,700K (-10.64%↓ Y/Y)Payment of contingentconsideration for previously...$1,450K Other financingactivities, net-$608K (-253.49%↓ Y/Y)Trade receivables andcontract assets$93,409K (135.45%↑ Y/Y)Accrued expenses andother liabilities-$67,669K (-102.25%↓ Y/Y)something is missing-$31,539K Income taxes payable-$17,412K (54.17%↑ Y/Y)Deferred taxes-$14,431K (-70.26%↓ Y/Y)Operating leaseliabilities-$10,303K (2.78%↑ Y/Y)Bad debt expense(recovery)-$341K (-188.11%↓ Y/Y)
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EPAM Systems, Inc. (EPAM)

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EPAM Systems, Inc. (EPAM)