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Side-by-side financial comparison of ALNYLAM PHARMACEUTICALS, INC. (ALNY) and EPAM Systems (EPAM). Click either name above to swap in a different company.

EPAM Systems is the larger business by last-quarter revenue ($1.4B vs $1.2B, roughly 1.2× ALNYLAM PHARMACEUTICALS, INC.). ALNYLAM PHARMACEUTICALS, INC. runs the higher net margin — 17.6% vs 5.9%, a 11.8% gap on every dollar of revenue. On growth, ALNYLAM PHARMACEUTICALS, INC. posted the faster year-over-year revenue change (96.4% vs 7.6%). Over the past eight quarters, ALNYLAM PHARMACEUTICALS, INC.'s revenue compounded faster (33.0% CAGR vs 10.5%).

Alnylam Pharmaceuticals, Inc. is an American biopharmaceutical company focused on the discovery, development and commercialization of RNA interference (RNAi) therapeutics for genetically defined diseases. The company was founded in 2002 and is headquartered in Cambridge, Massachusetts. In 2016, Forbes included the company on its "100 Most Innovative Growth Companies" list.

EPAM Systems, Inc. is an American company that specializes in software engineering services, digital platform engineering, and digital product design, operating out of Newtown, Pennsylvania. EPAM is a founding member of the MACH Alliance.

ALNY vs EPAM — Head-to-Head

Bigger by revenue
EPAM
EPAM
1.2× larger
EPAM
$1.4B
$1.2B
ALNY
Growing faster (revenue YoY)
ALNY
ALNY
+88.9% gap
ALNY
96.4%
7.6%
EPAM
Higher net margin
ALNY
ALNY
11.8% more per $
ALNY
17.6%
5.9%
EPAM
Faster 2-yr revenue CAGR
ALNY
ALNY
Annualised
ALNY
33.0%
10.5%
EPAM

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
ALNY
ALNY
EPAM
EPAM
Revenue
$1.2B
$1.4B
Net Profit
$206.0M
$82.5M
Gross Margin
82.2%
Operating Margin
23.0%
8.3%
Net Margin
17.6%
5.9%
Revenue YoY
96.4%
7.6%
Net Profit YoY
12.3%
EPS (diluted)
$1.51
$1.52

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ALNY
ALNY
EPAM
EPAM
Q1 26
$1.2B
$1.4B
Q4 25
$1.1B
$1.4B
Q3 25
$1.2B
$1.4B
Q2 25
$773.7M
$1.4B
Q1 25
$594.2M
$1.3B
Q4 24
$593.2M
$1.2B
Q3 24
$500.9M
$1.2B
Q2 24
$659.8M
$1.1B
Net Profit
ALNY
ALNY
EPAM
EPAM
Q1 26
$206.0M
$82.5M
Q4 25
$186.4M
$109.4M
Q3 25
$251.1M
$106.8M
Q2 25
$-66.3M
$88.0M
Q1 25
$-57.5M
$73.5M
Q4 24
$-83.8M
$103.3M
Q3 24
$-111.6M
$136.3M
Q2 24
$-16.9M
$98.6M
Gross Margin
ALNY
ALNY
EPAM
EPAM
Q1 26
82.2%
Q4 25
75.6%
30.1%
Q3 25
84.2%
29.5%
Q2 25
81.6%
28.8%
Q1 25
88.2%
26.9%
Q4 24
82.7%
30.4%
Q3 24
83.6%
34.6%
Q2 24
89.8%
29.3%
Operating Margin
ALNY
ALNY
EPAM
EPAM
Q1 26
23.0%
8.3%
Q4 25
12.0%
10.6%
Q3 25
29.5%
10.4%
Q2 25
-2.1%
9.3%
Q1 25
3.0%
7.6%
Q4 24
-17.7%
10.9%
Q3 24
-15.4%
15.2%
Q2 24
7.4%
10.5%
Net Margin
ALNY
ALNY
EPAM
EPAM
Q1 26
17.6%
5.9%
Q4 25
17.0%
7.8%
Q3 25
20.1%
7.7%
Q2 25
-8.6%
6.5%
Q1 25
-9.7%
5.6%
Q4 24
-14.1%
8.3%
Q3 24
-22.3%
11.7%
Q2 24
-2.6%
8.6%
EPS (diluted)
ALNY
ALNY
EPAM
EPAM
Q1 26
$1.51
$1.52
Q4 25
$1.44
$1.97
Q3 25
$1.84
$1.91
Q2 25
$-0.51
$1.56
Q1 25
$-0.44
$1.28
Q4 24
$-0.66
$1.80
Q3 24
$-0.87
$2.37
Q2 24
$-0.13
$1.70

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ALNY
ALNY
EPAM
EPAM
Cash + ST InvestmentsLiquidity on hand
$1.7B
$1.0B
Total DebtLower is stronger
$165.0M
Stockholders' EquityBook value
$1.1B
$3.4B
Total Assets
$5.1B
$4.7B
Debt / EquityLower = less leverage
0.05×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ALNY
ALNY
EPAM
EPAM
Q1 26
$1.7B
$1.0B
Q4 25
$1.7B
$1.3B
Q3 25
$1.5B
$1.2B
Q2 25
$1.1B
$1.0B
Q1 25
$1.0B
$1.2B
Q4 24
$966.4M
$1.3B
Q3 24
$1.1B
$2.1B
Q2 24
$968.5M
$1.8B
Total Debt
ALNY
ALNY
EPAM
EPAM
Q1 26
$165.0M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
ALNY
ALNY
EPAM
EPAM
Q1 26
$1.1B
$3.4B
Q4 25
$789.2M
$3.7B
Q3 25
$233.9M
$3.7B
Q2 25
$250.6M
$3.7B
Q1 25
$115.4M
$3.6B
Q4 24
$67.1M
$3.6B
Q3 24
$32.4M
$3.6B
Q2 24
$-3.1M
$3.4B
Total Assets
ALNY
ALNY
EPAM
EPAM
Q1 26
$5.1B
$4.7B
Q4 25
$5.0B
$4.9B
Q3 25
$4.9B
$4.8B
Q2 25
$4.6B
$4.7B
Q1 25
$4.2B
$4.7B
Q4 24
$4.2B
$4.8B
Q3 24
$4.2B
$4.5B
Q2 24
$4.0B
$4.2B
Debt / Equity
ALNY
ALNY
EPAM
EPAM
Q1 26
0.05×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ALNY
ALNY

AMVUTTRA$889.9M76%
GIVLAARI$74.4M6%
OXLUMO$51.3M4%
Royalty revenue$49.0M4%
Regeneron Pharmaceuticals$46.3M4%
Roche$35.6M3%
ONPATTRO$20.5M2%

EPAM
EPAM

Segment breakdown not available.

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