Sentiment · FY2026 Q1
What companies say about each other on earnings calls — extracted verbatim from public transcripts. Mentions from the newest quarter are a Pro feature.
“we are also incredibly proud to announce a new multiyear partnership with National Geographic Society, where EPAM has been designated as Nat Geo's preferred digital transformation partner.”
EPAM won a new multiyear digital-transformation engagement with National Geographic Society as its preferred partner, a new named client win.
“With Google Cloud, we launched several advanced AI agents on Google Cloud Marketplace.”
EPAM is building and distributing AI agents on Google Cloud Marketplace, a read-through to Google Cloud's third-party AI agent ecosystem traction.
“With AWS, we are recognized as 2025 AWS Global Innovation Partner of the Year.”
EPAM was named AWS Global Innovation Partner of the Year, indicating active enterprise AI delivery on AWS and continued AWS partner-ecosystem investment.
“With Microsoft, we were thrilled to be named the 2025 Microsoft Innovate with Azure AI Platform Partner of the Year.”
EPAM highlights a deepening Azure AI partnership with Microsoft, being named a 2025 Partner of the Year, a read-through to Azure AI ecosystem momentum.
“our collaboration with Hugo Boss and our Empathy Lab studio is reimagining what means to be a sports fan in the age of spatial computing.”
Hugo Boss is a named EPAM client engaging in spatial-computing fan-experience work, evidencing EPAM's traction with luxury-fashion brands.
“By deploying EPAM's AI/RUN transform Blueprint and leveraging Microsoft Azure, this client launched AI voice agents that handle over 100,000 calls weekly”
EPAM built a production AI voice-agent solution for a German telecom client on Microsoft Azure, underscoring Azure's role as EPAM's cloud platform for enterprise AI deployments.
“Our recent acquisitions, NEORIS and First Derivative also contributed positively, particularly within financial services and emerging verticals”
First Derivative, acquired by EPAM, contributed positively to financial services revenue growth.
“Our recent acquisitions, NEORIS and First Derivative also contributed positively, particularly within financial services and emerging verticals”
NEORIS, acquired by EPAM, contributed positively to financial services and emerging verticals revenue.
“we just made a public press release a case study, which we released with Wolters Kluwer”
EPAM published a joint case study with client Wolters Kluwer on helping its AI adoption and education, indicating an active engagement.
“this is the recent Databricks announcement where EPAM won the ML Growth Partner of the Year award for rapidly expanding Databricks adoption through large-scale data platform modernization and AI/ML innovation”
EPAM won Databricks' ML Growth Partner of the Year award for expanding Databricks adoption through data platform modernization, signaling strong EPAM-Databricks partnership momentum.
“we are now well-positioned to build on this foundation through a strategic collaboration agreement with AWS. By leveraging advanced generative AI services including Amazon Bedrock, we will empower clients to develop specialized AI agent in a native solution that addresses, SDLC productivity challenges for large teams.”
EPAM's strategic collaboration agreement with AWS, using Amazon Bedrock generative AI services, extends EPAM's AI-native software development toolkit and deepens its reliance on AWS's enterprise generative AI infrastructure.
“Built in partnership with Google Cloud Industry Solutions, this work led to EPAM being named Google 2025 Partner of the Year for Oil and Gas.”
EPAM was named Google's 2025 Partner of the Year for Oil and Gas after building an AI-powered geospatial data visualization solution integrated with Google Gemini models, reinforcing Google Cloud's push into industry-specific generative AI partnerships.
| Analyst | Firm | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Dave Grossman | Stifel | 12 (17%) |
| Jon Lee | Guggenheim | 11 (18%) |
| Bryan Bergin | TD Cowen | 11 |
EPAM closed fiscal 2025 with a fifth consecutive quarter of organic growth, generating over $1.4 billion in Q4 revenue (up 12.8% year-over-year) and non-GAAP EPS of $3.26 (up 14.8%). The company introduced FY2026 guidance of 4.5-7.5% revenue growth and non-GAAP EPS of $12.60-$12.90, reflecting continued AI-native scaling and record cash flow generation. The gross margin trajectory improved, and the pricing environment showed gradual signs of recovery, though NEORIS's largest customer continued declining from tariff impacts.
Revenue Growth | Demand | Cloud & AI | Competitive Dynamics | Guidance Reliability | Margin | Pricing | Labor Market | |
|---|---|---|---|---|---|---|---|---|
| 2024Q4 | 6 | 4 | 1 | 3 | 3 | 3 | 4 | 2 |
| 2025Q1 | 7 | 6 | 3 | 4 | 4 | 3 | 2 | 2 |
| 2025Q2 | 1 | 4 | 7 | 4 | 2 | 3 | 1 | 4 |
| 2025Q3 | 6 | 3 | 6 | 4 | 2 | 4 | 2 | 2 |
| 2025Q4 | 6 | 4 | 4 | 2 | 3 | 3 | 4 | 1 |
| 2026Q1 | 2 | 7 | 5 | 7 | 7 | 4 | 1 | 1 |
| '24Q4 | '25Q1 | '25Q2 | '25Q3 | '25Q4 | '26Q1 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 6 | 7 | 1 | 6 | 6 | 2 |
| Demand | 4 | 6 | 4 | 3 | 4 | 7 |
| Cloud & AI | 1 | 3 | 7 | 6 | 4 | 5 |
| Competitive Dynamics | 3 | 4 | 4 | 4 | 2 | 7 |
| Guidance Reliability | 3 | 4 | 2 | 2 | 3 | 7 |
| Margin | 3 | 3 | 3 | 4 | 3 | 4 |
| Pricing | 4 | 2 | 1 | 2 | 4 | 1 |
| Labor Market | 2 | 2 | 4 | 2 | 1 | 1 |
| Maggie Nolan | William Blair | 11 (0%) |
| Jason Kupferberg | Wells Fargo | 9 (0%) |
| Jamie Friedman | Susquehanna | 7 (0%) |
| Jim Schneider | Goldman Sachs | 7 (0%) |
| Darrin Peller | Wolfe Research | 6 (0%) |
| Bryan Keane | Citigroup | 6 (17%) |
| Puneet Jain | JPMorgan | 3 (0%) |
| Firm | Analysts | Questions (Challenge)Percentage of questions scored as challenging — where the analyst pushed back, pressed for specifics, or questioned management's assumptions. |
|---|---|---|
| Stifel | 1 | 12 (17%) |
| TD Cowen | 1 | 11 (0%) |
| William Blair | 1 | 11 (0%) |
| Guggenheim | 1 | 11 (18%) |
| Wells Fargo | 1 | 9 (0%) |
| Wolfe Research | 2 | 7 (0%) |
| Goldman Sachs | 1 | 7 (0%) |
| Susquehanna | 1 | 7 (0%) |
| Company | Score | Trend | Rev YoY |
|---|---|---|---|
EPAM EPAM Systems | 8 | +7.6% | |
| ACN Accenture | 6 | +5.6% | |
| BR Broadridge Financial Solutions | 8 | +7.8% | |
| CDW CDW | 8 | +9.3% | |
| CTSH Cognizant | 8 | +5.8% | |
| FIS Fidelity National Information Services | 7 | +30.1% | |
| FISV Fiserv, Inc. | 3 | -2.0% | |
| IBM International Business Machines Corporation | 8 | +9.5% | |
| IT Gartner | 8 | +2.0% | |
| JKHY Jack Henry & Associates | 8 | +8.7% | |
| LDOS Leidos | 7 | +3.6% |