EPAM Systems Files 2023 10-K, Details Financials

TL;DR

**EPAM Systems just dropped its 2023 10-K, giving us the full financial picture for the past year!**

AI Summary

EPAM Systems, Inc. filed its 10-K on February 22, 2024, for the fiscal year ended December 31, 2023. The company, headquartered in Newtown, PA, with CIK 0001352010, operates in computer programming services. The filing details financial information for 2023, 2022, and 2021, including common stock, additional paid-in capital, and retained earnings as of December 31, 2020.

Why It Matters

This filing provides a comprehensive look into EPAM Systems' financial health and operational performance, crucial for investors to assess its stability and future growth prospects in the competitive tech services sector.

Risk Assessment

Risk Level: medium — The filing itself doesn't contain explicit risk factors in the provided snippet, but the nature of a 10-K and the tech industry generally implies medium risk.

Key Numbers

• 2023-12-31 — Conformed Period of Report (End date of the reporting period for the 10-K.)
• 2024-02-22 — Filed As Of Date (Date the 10-K was officially filed with the SEC.)
• 0001352010 — Central Index Key (CIK) (Unique identifier for EPAM Systems, Inc. with the SEC.)
• 001-35418 — SEC File Number (Specific file number for EPAM Systems, Inc. under the 1934 Act.)
• 136 — Public Document Count (Number of public documents associated with this filing.)

Key Players & Entities

• EPAM Systems, Inc. (company) — filer of the 10-K
• 0001352010 (company) — Central Index Key (CIK) for EPAM Systems, Inc.
• Newtown, PA (company) — business address city and state
• December 31, 2023 (date) — conformed period of report end date
• February 22, 2024 (date) — filed as of date
• 2023 (date) — fiscal year
• 2022 (date) — fiscal year
• 2021 (date) — fiscal year
• December 31, 2020 (date) — balance sheet date for equity components

FAQ

From the Filing

0001352010-24-000008.txt : 20240222 0001352010-24-000008.hdr.sgml : 20240222 20240222170932 ACCESSION NUMBER: 0001352010-24-000008 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 136 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240222 DATE AS OF CHANGE: 20240222 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EPAM Systems, Inc. CENTRAL INDEX KEY: 0001352010 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-COMPUTER PROGRAMMING SERVICES [7371] ORGANIZATION NAME: 06 Technology IRS NUMBER: 223536104 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-35418 FILM NUMBER: 24666019 BUSINESS ADDRESS: STREET 1: 41 UNIVERSITY DRIVE STREET 2: SUITE 202 CITY: NEWTOWN STATE: PA ZIP: 18940 BUSINESS PHONE: (267) 759-9000 MAIL ADDRESS: STREET 1: 41 UNIVERSITY DRIVE STREET 2: SUITE 202 CITY: NEWTOWN STATE: PA ZIP: 18940 FORMER COMPANY: FORMER CONFORMED NAME: EPAM SYSTEMS INC DATE OF NAME CHANGE: 20060202 10-K 1 epam-20231231.htm 10-K epam-20231231 0001352010 2023 FY FALSE P2Y http://fasb.org/us-gaap/2023#SellingGeneralAndAdministrativeExpense http://fasb.org/us-gaap/2023#GainLossOnSaleOfBusiness http://fasb.org/us-gaap/2023#NonoperatingGainsLosses 1 1 1 1 0001352010 2023-01-01 2023-12-31 0001352010 2023-06-30 iso4217:USD 0001352010 2024-02-09 xbrli:shares 0001352010 2023-12-31 0001352010 2022-12-31 iso4217:USD xbrli:shares 0001352010 2022-01-01 2022-12-31 0001352010 2021-01-01 2021-12-31 0001352010 us-gaap:CommonStockMember 2020-12-31 0001352010 us-gaap:AdditionalPaidInCapitalMember 2020-12-31 0001352010 us-gaap:RetainedEarningsMember 2020-12-31 0001352010 us-gaap:TreasuryStockCommonMember 2020-12-31 0001352010 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2020-12-31 0001352010 us-gaap:NoncontrollingInterestMember 2020-12-31 0001352010 2020-12-31 0001352010 us-gaap:CommonStockMember us-gaap:RestrictedStockUnitsRSUMember 2021-01-01 2021-12-31 0001352010 us-gaap:CommonStockMember 2021-01-01 2021-12-31 0001352010 us-gaap:AdditionalPaidInCapitalMember 2021-01-01 2021-12-31 0001352010 us-gaap:NoncontrollingInterestMember 2021-01-01 2021-12-31 0001352010 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-01-01 2021-12-31 0001352010 us-gaap:RetainedEarningsMember 2021-01-01 2021-12-31 0001352010 us-gaap:CommonStockMember 2021-12-31 0001352010 us-gaap:AdditionalPaidInCapitalMember 2021-12-31 0001352010 us-gaap:RetainedEarningsMember 2021-12-31 0001352010 us-gaap:TreasuryStockCommonMember 2021-12-31 0001352010 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2021-12-31 0001352010 us-gaap:NoncontrollingInterestMember 2021-12-31 0001352010 2021-12-31 0001352010 us-gaap:CommonStockMember us-gaap:RestrictedStockUnitsRSUMember 2022-01-01 2022-12-31 0001352010 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0001352010 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0001352010 us-gaap:TreasuryStockCommonMember 2022-01-01 2022-12-31 0001352010 us-gaap:NoncontrollingInterestMember 2022-01-01 2022-12-31 0001352010 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-01-01 2022-12-31 0001352010 us-gaap:RetainedEarningsMember 2022-01-01 2022-12-31 0001352010 us-gaap:CommonStockMember 2022-12-31 0001352010 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001352010 us-gaap:RetainedEarningsMember 2022-12-31 0001352010 us-gaap:TreasuryStockCommonMember 2022-12-31 0001352010 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31 0001352010 us-gaap:NoncontrollingInterestMember 2022-12-31 0001352010 us-gaap:CommonStockMember us-gaap:RestrictedStockUnitsRSUMember 2023-01-01 2023-12-31 0001352010 us-gaap:CommonStockMember 2023-01-01 2023-12-31 0001352010 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-12-31 0001352010 us-gaap:TreasuryStockCommonMember 2023-01-01 2023-12-31 0001352010 us-gaap:RetainedEarningsMember 2023-01-01 2023-12-31 0001352010 us-gaap:NoncontrollingInterestMember 2023-01-01 2023-12-31 0001352010 us-gaap:AccumulatedOtherComprehensiveIncomeMem