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Side-by-side financial comparison of Brookfield Renewable Corp (BEPC) 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 $952.0M, roughly 1.5× Brookfield Renewable Corp). EPAM Systems runs the higher net margin — 7.8% vs -152.0%, a 159.8% gap on every dollar of revenue. On growth, EPAM Systems posted the faster year-over-year revenue change (12.8% vs -3.7%).

Brookfield Renewable Partners L.P. is a publicly traded limited partnership that owns and operates renewable power assets, with corporate headquarters in Toronto, Ontario, Canada. It is 60% owned by Brookfield Asset Management.

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.

BEPC vs EPAM — Head-to-Head

Bigger by revenue
EPAM
EPAM
1.5× larger
EPAM
$1.4B
$952.0M
BEPC
Growing faster (revenue YoY)
EPAM
EPAM
+16.5% gap
EPAM
12.8%
-3.7%
BEPC
Higher net margin
EPAM
EPAM
159.8% more per $
EPAM
7.8%
-152.0%
BEPC

Income Statement — Q2 FY2025 vs Q4 FY2025

Metric
BEPC
BEPC
EPAM
EPAM
Revenue
$952.0M
$1.4B
Net Profit
$-1.4B
$109.4M
Gross Margin
30.1%
Operating Margin
10.6%
Net Margin
-152.0%
7.8%
Revenue YoY
-3.7%
12.8%
Net Profit YoY
-326.8%
5.9%
EPS (diluted)
$1.97

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
BEPC
BEPC
EPAM
EPAM
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$952.0M
$1.4B
Q1 25
$1.3B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$989.0M
$1.1B
Q1 24
$1.2B
Net Profit
BEPC
BEPC
EPAM
EPAM
Q4 25
$109.4M
Q3 25
$106.8M
Q2 25
$-1.4B
$88.0M
Q1 25
$73.5M
Q4 24
$103.3M
Q3 24
$136.3M
Q2 24
$-339.0M
$98.6M
Q1 24
$116.2M
Gross Margin
BEPC
BEPC
EPAM
EPAM
Q4 25
30.1%
Q3 25
29.5%
Q2 25
28.8%
Q1 25
26.9%
Q4 24
30.4%
Q3 24
34.6%
Q2 24
29.3%
Q1 24
28.4%
Operating Margin
BEPC
BEPC
EPAM
EPAM
Q4 25
10.6%
Q3 25
10.4%
Q2 25
9.3%
Q1 25
7.6%
Q4 24
10.9%
Q3 24
15.2%
Q2 24
10.5%
Q1 24
9.5%
Net Margin
BEPC
BEPC
EPAM
EPAM
Q4 25
7.8%
Q3 25
7.7%
Q2 25
-152.0%
6.5%
Q1 25
5.6%
Q4 24
8.3%
Q3 24
11.7%
Q2 24
-34.3%
8.6%
Q1 24
10.0%
EPS (diluted)
BEPC
BEPC
EPAM
EPAM
Q4 25
$1.97
Q3 25
$1.91
Q2 25
$1.56
Q1 25
$1.28
Q4 24
$1.80
Q3 24
$2.37
Q2 24
$1.70
Q1 24
$1.97

Balance Sheet & Financial Strength

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

Metric
BEPC
BEPC
EPAM
EPAM
Cash + ST InvestmentsLiquidity on hand
$556.0M
$1.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$10.8B
$3.7B
Total Assets
$46.0B
$4.9B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEPC
BEPC
EPAM
EPAM
Q4 25
$1.3B
Q3 25
$1.2B
Q2 25
$556.0M
$1.0B
Q1 25
$1.2B
Q4 24
$1.3B
Q3 24
$2.1B
Q2 24
$614.0M
$1.8B
Q1 24
$2.0B
Stockholders' Equity
BEPC
BEPC
EPAM
EPAM
Q4 25
$3.7B
Q3 25
$3.7B
Q2 25
$10.8B
$3.7B
Q1 25
$3.6B
Q4 24
$3.6B
Q3 24
$3.6B
Q2 24
$14.8B
$3.4B
Q1 24
$3.5B
Total Assets
BEPC
BEPC
EPAM
EPAM
Q4 25
$4.9B
Q3 25
$4.8B
Q2 25
$46.0B
$4.7B
Q1 25
$4.7B
Q4 24
$4.8B
Q3 24
$4.5B
Q2 24
$42.6B
$4.2B
Q1 24
$4.4B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BEPC
BEPC
EPAM
EPAM
Operating Cash FlowLast quarter
$139.0M
$282.9M
Free Cash FlowOCF − Capex
$268.1M
FCF MarginFCF / Revenue
19.0%
Capex IntensityCapex / Revenue
1.1%
Cash ConversionOCF / Net Profit
2.59×
TTM Free Cash FlowTrailing 4 quarters
$612.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEPC
BEPC
EPAM
EPAM
Q4 25
$282.9M
Q3 25
$294.7M
Q2 25
$139.0M
$53.2M
Q1 25
$24.2M
Q4 24
$130.3M
Q3 24
$242.0M
Q2 24
$140.0M
$57.0M
Q1 24
$129.9M
Free Cash Flow
BEPC
BEPC
EPAM
EPAM
Q4 25
$268.1M
Q3 25
$286.4M
Q2 25
$43.4M
Q1 25
$14.8M
Q4 24
$114.5M
Q3 24
$237.0M
Q2 24
$52.3M
Q1 24
$123.2M
FCF Margin
BEPC
BEPC
EPAM
EPAM
Q4 25
19.0%
Q3 25
20.5%
Q2 25
3.2%
Q1 25
1.1%
Q4 24
9.2%
Q3 24
20.3%
Q2 24
4.6%
Q1 24
10.6%
Capex Intensity
BEPC
BEPC
EPAM
EPAM
Q4 25
1.1%
Q3 25
0.6%
Q2 25
0.7%
Q1 25
0.7%
Q4 24
1.3%
Q3 24
0.4%
Q2 24
0.4%
Q1 24
0.6%
Cash Conversion
BEPC
BEPC
EPAM
EPAM
Q4 25
2.59×
Q3 25
2.76×
Q2 25
0.60×
Q1 25
0.33×
Q4 24
1.26×
Q3 24
1.77×
Q2 24
0.58×
Q1 24
1.12×

Financial Flow Comparison

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

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