finance.yahoo.com Β·
epam systems q1 earnings call 080657715
The full article is on the original publisher site. This page only shows the headline and a very short excerpt.
AI insight
AI-generatedEPAM Systems, an IT services and AI solutions provider, reported solid Q1 results but lowered full-year revenue guidance due to macroeconomic uncertainties and slower client decision-making, particularly in North America. The company's 'pure AI' revenue is growing strongly, supporting its $600M full-year AI target. The commercial mechanism is a demand-side slowdown in IT services spending, partially offset by AI-driven revenue growth. The impact is company-specific and sector-wide for global tech services.
Signals our AI researcher identified
Extracted by our AI model from this article and related public sources β not direct quotes from the publisher.
- EPAM Q1 2026 revenue $1.4B, +7.6% YoY
- Pure AI revenue $125M in Q1, full-year AI target $600M
- Full-year revenue growth guidance lowered to 4%-6.5% due to macro uncertainty
- GAAP income from operations $117M, +18% YoY
- Non-GAAP income $201M, +14% YoY
Mid-term IT services revenue growth likely 1-2% below prior expectations as macro uncertainty persists.
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