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EPAM Reports Results for Fourth Quarter and Full Year 2021

EPAM Reports Results for Fourth Quarter and Full Year 2021

Publication date:

  • 21.02.2022

Publication from:

EPAM

EPAM Systems, Inc. (NYSE: EPAM), a leading digital transformation services and product engineering company, today announced results for its fourth quarter and full year ended December 31, 2021. The company continues its strong growth, taking a leading position in the market and offering its clients and partners from the Global 2000 solutions for digital business transformation.

Fourth quarter 2021 revenues increased to $1.107 billion, a year-over-year increase of 53.1%. On a constant currency basis, revenues were up 54.1% compared to the fourth quarter of 2020. Full year revenues increased to $3.758 billion, a year-over-year increase of 41.3%.

Total headcount was approximately 58,800 as of December 31, 2021. Included in this number were approximately 52,600 delivery professionals, an increase of 43.2% from December 31, 2020. More information about financial results of EPAM is available upon the following link. About EPAM Systems Since 1993, EPAM Systems, Inc. (NYSE: EPAM) has leveraged its advanced software engineering heritage to become the foremost global digital transformation services provider – leading the industry in digital and physical product development and digital platform engineering services. Through its innovative strategy; integrated advisory, consulting and design capabilities; and unique ‘Engineering DNA,’ EPAM’s globally deployed hybrid teams help make the future real for clients and communities around the world by powering better enterprise, education and health platforms that connect people, optimize experiences, and improve people’s lives. Selected by Newsweek as a 2021 Most Loved Workplace, EPAM’s global multi-disciplinary teams serve customers in more than 40 countries across five continents. As a recognized leader, EPAM is listed among the top 15 companies in Information Technology Services on the Fortune 1000 and ranked as the top IT services company on Fortune’s 100 Fastest-Growing Companies list for the last three consecutive years. EPAM is also listed among Ad Age’s top 25 World’s Largest Agency Companies and in 2020, Consulting Magazine named EPAM Continuum a top 20 Fastest-Growing Firm. Learn more at www.epam.com and follow EPAM on Twitter and LinkedIn.
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