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Side-by-side financial comparison of Crescent Energy Co (CRGY) 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 $865.0M, roughly 1.6× Crescent Energy Co). EPAM Systems runs the higher net margin — 7.8% vs -1.0%, a 8.8% gap on every dollar of revenue. On growth, EPAM Systems posted the faster year-over-year revenue change (12.8% vs -1.2%). Over the past eight quarters, Crescent Energy Co's revenue compounded faster (14.7% CAGR vs 9.9%).

Crescent Petroleum is the first and largest private upstream oil and gas company in the Middle East. Founded in 1971, Crescent Petroleum is headquartered in the Emirate of Sharjah, United Arab Emirates (UAE), with current operations in both the UAE and the Kurdistan Region of Iraq (KRI). As of 2023, Crescent Petroleum and the Iraqi Ministry of Oil have signed three twenty-year contracts as the company focus it efforts in aiding the redevelopment of Iraq.

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.

CRGY vs EPAM — Head-to-Head

Bigger by revenue
EPAM
EPAM
1.6× larger
EPAM
$1.4B
$865.0M
CRGY
Growing faster (revenue YoY)
EPAM
EPAM
+13.9% gap
EPAM
12.8%
-1.2%
CRGY
Higher net margin
EPAM
EPAM
8.8% more per $
EPAM
7.8%
-1.0%
CRGY
Faster 2-yr revenue CAGR
CRGY
CRGY
Annualised
CRGY
14.7%
9.9%
EPAM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CRGY
CRGY
EPAM
EPAM
Revenue
$865.0M
$1.4B
Net Profit
$-8.7M
$109.4M
Gross Margin
30.1%
Operating Margin
-6.2%
10.6%
Net Margin
-1.0%
7.8%
Revenue YoY
-1.2%
12.8%
Net Profit YoY
92.7%
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
CRGY
CRGY
EPAM
EPAM
Q4 25
$865.0M
$1.4B
Q3 25
$866.6M
$1.4B
Q2 25
$898.0M
$1.4B
Q1 25
$950.2M
$1.3B
Q4 24
$875.3M
$1.2B
Q3 24
$744.9M
$1.2B
Q2 24
$653.3M
$1.1B
Q1 24
$657.5M
$1.2B
Net Profit
CRGY
CRGY
EPAM
EPAM
Q4 25
$-8.7M
$109.4M
Q3 25
$-9.5M
$106.8M
Q2 25
$153.2M
$88.0M
Q1 25
$-2.1M
$73.5M
Q4 24
$-118.0M
$103.3M
Q3 24
$-9.9M
$136.3M
Q2 24
$37.5M
$98.6M
Q1 24
$-24.2M
$116.2M
Gross Margin
CRGY
CRGY
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
CRGY
CRGY
EPAM
EPAM
Q4 25
-6.2%
10.6%
Q3 25
3.6%
10.4%
Q2 25
8.9%
9.3%
Q1 25
18.1%
7.6%
Q4 24
-3.1%
10.9%
Q3 24
-1.0%
15.2%
Q2 24
18.3%
10.5%
Q1 24
20.4%
9.5%
Net Margin
CRGY
CRGY
EPAM
EPAM
Q4 25
-1.0%
7.8%
Q3 25
-1.1%
7.7%
Q2 25
17.1%
6.5%
Q1 25
-0.2%
5.6%
Q4 24
-13.5%
8.3%
Q3 24
-1.3%
11.7%
Q2 24
5.7%
8.6%
Q1 24
-3.7%
10.0%
EPS (diluted)
CRGY
CRGY
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
CRGY
CRGY
EPAM
EPAM
Cash + ST InvestmentsLiquidity on hand
$10.2M
$1.3B
Total DebtLower is stronger
$5.5B
Stockholders' EquityBook value
$5.2B
$3.7B
Total Assets
$12.4B
$4.9B
Debt / EquityLower = less leverage
1.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CRGY
CRGY
EPAM
EPAM
Q4 25
$10.2M
$1.3B
Q3 25
$3.5M
$1.2B
Q2 25
$3.1M
$1.0B
Q1 25
$6.3M
$1.2B
Q4 24
$132.8M
$1.3B
Q3 24
$136.2M
$2.1B
Q2 24
$778.1M
$1.8B
Q1 24
$5.3M
$2.0B
Total Debt
CRGY
CRGY
EPAM
EPAM
Q4 25
$5.5B
Q3 25
$3.2B
Q2 25
$3.4B
Q1 25
$3.6B
Q4 24
$3.0B
Q3 24
$3.2B
Q2 24
$2.4B
Q1 24
$1.7B
Stockholders' Equity
CRGY
CRGY
EPAM
EPAM
Q4 25
$5.2B
$3.7B
Q3 25
$4.5B
$3.7B
Q2 25
$4.5B
$3.7B
Q1 25
$3.3B
$3.6B
Q4 24
$3.1B
$3.6B
Q3 24
$2.9B
$3.6B
Q2 24
$2.1B
$3.4B
Q1 24
$2.0B
$3.5B
Total Assets
CRGY
CRGY
EPAM
EPAM
Q4 25
$12.4B
$4.9B
Q3 25
$9.7B
$4.8B
Q2 25
$9.9B
$4.7B
Q1 25
$9.9B
$4.7B
Q4 24
$9.2B
$4.8B
Q3 24
$9.3B
$4.5B
Q2 24
$7.5B
$4.2B
Q1 24
$6.8B
$4.4B
Debt / Equity
CRGY
CRGY
EPAM
EPAM
Q4 25
1.07×
Q3 25
0.72×
Q2 25
0.75×
Q1 25
1.10×
Q4 24
0.97×
Q3 24
1.12×
Q2 24
1.12×
Q1 24
0.88×

Cash Flow & Capital Efficiency

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

Metric
CRGY
CRGY
EPAM
EPAM
Operating Cash FlowLast quarter
$371.0M
$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
CRGY
CRGY
EPAM
EPAM
Q4 25
$371.0M
$282.9M
Q3 25
$473.1M
$294.7M
Q2 25
$499.0M
$53.2M
Q1 25
$337.1M
$24.2M
Q4 24
$384.4M
$130.3M
Q3 24
$368.0M
$242.0M
Q2 24
$286.9M
$57.0M
Q1 24
$183.8M
$129.9M
Free Cash Flow
CRGY
CRGY
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
CRGY
CRGY
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
CRGY
CRGY
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
CRGY
CRGY
EPAM
EPAM
Q4 25
2.59×
Q3 25
2.76×
Q2 25
3.26×
0.60×
Q1 25
0.33×
Q4 24
1.26×
Q3 24
1.77×
Q2 24
7.64×
0.58×
Q1 24
1.12×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CRGY
CRGY

Oil Reserves$554.3M64%
Natural Gas Production$182.6M21%
Natural Gas Liquids Reserves$92.3M11%
Midstream And Other$35.8M4%

EPAM
EPAM

Segment breakdown not available.

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