vs
Side-by-side financial comparison of EPAM Systems (EPAM) and FLOWERS FOODS INC (FLO). 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 1.1× FLOWERS FOODS INC). On growth, EPAM Systems posted the faster year-over-year revenue change (12.8% vs 11.0%). Over the past eight quarters, EPAM Systems's revenue compounded faster (9.9% CAGR vs -11.6%).
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.
Flowers Foods, headquartered in Thomasville, Georgia, is a producer and marketer of packaged bakery foods in the United States. The company operates 44 bakeries across 19 states that produce a variety of products, including bread, buns, rolls, snack cakes, pastries, and tortillas. As of February 2013, Flowers Foods had grown to be the "second-largest baking company in the United States."
EPAM vs FLO — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $1.2B |
| Net Profit | $109.4M | — |
| Gross Margin | 30.1% | — |
| Operating Margin | 10.6% | — |
| Net Margin | 7.8% | — |
| Revenue YoY | 12.8% | 11.0% |
| Net Profit YoY | 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.
| Q4 25 | $1.4B | $1.2B | ||
| Q3 25 | $1.4B | $1.2B | ||
| Q2 25 | $1.4B | $1.6B | ||
| Q1 25 | $1.3B | — | ||
| Q4 24 | $1.2B | $1.2B | ||
| Q3 24 | $1.2B | $1.2B | ||
| Q2 24 | $1.1B | $1.6B | ||
| Q1 24 | $1.2B | — |
| Q4 25 | $109.4M | $39.5M | ||
| Q3 25 | $106.8M | $58.4M | ||
| Q2 25 | $88.0M | $53.0M | ||
| Q1 25 | $73.5M | — | ||
| Q4 24 | $103.3M | $65.0M | ||
| Q3 24 | $136.3M | $67.0M | ||
| Q2 24 | $98.6M | $73.0M | ||
| Q1 24 | $116.2M | — |
| 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% | — |
| Q4 25 | 10.6% | 5.4% | ||
| Q3 25 | 10.4% | 7.5% | ||
| Q2 25 | 9.3% | 5.5% | ||
| Q1 25 | 7.6% | — | ||
| Q4 24 | 10.9% | 7.6% | ||
| Q3 24 | 15.2% | 7.8% | ||
| Q2 24 | 10.5% | 6.4% | ||
| Q1 24 | 9.5% | — |
| Q4 25 | 7.8% | 3.2% | ||
| Q3 25 | 7.7% | 4.7% | ||
| Q2 25 | 6.5% | 3.4% | ||
| Q1 25 | 5.6% | — | ||
| Q4 24 | 8.3% | 5.5% | ||
| Q3 24 | 11.7% | 5.5% | ||
| Q2 24 | 8.6% | 4.6% | ||
| Q1 24 | 10.0% | — |
| Q4 25 | $1.97 | $0.19 | ||
| Q3 25 | $1.91 | $0.28 | ||
| Q2 25 | $1.56 | $0.25 | ||
| Q1 25 | $1.28 | — | ||
| Q4 24 | $1.80 | $0.31 | ||
| Q3 24 | $2.37 | $0.32 | ||
| Q2 24 | $1.70 | $0.34 | ||
| Q1 24 | $1.97 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.3B | $12.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.7B | — |
| Total Assets | $4.9B | $4.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.3B | $16.7M | ||
| Q3 25 | $1.2B | $11.0M | ||
| Q2 25 | $1.0B | $7.3M | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.3B | $15.0M | ||
| Q3 24 | $2.1B | $6.9M | ||
| Q2 24 | $1.8B | $15.8M | ||
| Q1 24 | $2.0B | — |
| Q4 25 | — | $1.8B | ||
| Q3 25 | — | $1.7B | ||
| Q2 25 | — | $1.8B | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $1.1B | ||
| Q3 24 | — | $1.1B | ||
| Q2 24 | — | $1.0B | ||
| Q1 24 | — | — |
| Q4 25 | $3.7B | $1.4B | ||
| Q3 25 | $3.7B | $1.4B | ||
| Q2 25 | $3.7B | $1.4B | ||
| Q1 25 | $3.6B | — | ||
| Q4 24 | $3.6B | $1.4B | ||
| Q3 24 | $3.6B | $1.4B | ||
| Q2 24 | $3.4B | $1.4B | ||
| Q1 24 | $3.5B | — |
| Q4 25 | $4.9B | $4.3B | ||
| Q3 25 | $4.8B | $4.3B | ||
| Q2 25 | $4.7B | $4.3B | ||
| Q1 25 | $4.7B | — | ||
| Q4 24 | $4.8B | $3.4B | ||
| Q3 24 | $4.5B | $3.4B | ||
| Q2 24 | $4.2B | $3.4B | ||
| Q1 24 | $4.4B | — |
| Q4 25 | — | 1.25× | ||
| Q3 25 | — | 1.23× | ||
| Q2 25 | — | 1.26× | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.75× | ||
| Q3 24 | — | 0.77× | ||
| Q2 24 | — | 0.76× | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $282.9M | $125.4M |
| 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.
| Q4 25 | $282.9M | $54.4M | ||
| Q3 25 | $294.7M | $130.8M | ||
| Q2 25 | $53.2M | $135.6M | ||
| Q1 25 | $24.2M | — | ||
| Q4 24 | $130.3M | $113.9M | ||
| Q3 24 | $242.0M | $63.3M | ||
| Q2 24 | $57.0M | $105.1M | ||
| Q1 24 | $129.9M | — |
| Q4 25 | $268.1M | $30.4M | ||
| Q3 25 | $286.4M | $100.0M | ||
| Q2 25 | $43.4M | $110.1M | ||
| Q1 25 | $14.8M | — | ||
| Q4 24 | $114.5M | $88.6M | ||
| Q3 24 | $237.0M | $35.4M | ||
| Q2 24 | $52.3M | $71.8M | ||
| Q1 24 | $123.2M | — |
| Q4 25 | 19.0% | 2.5% | ||
| Q3 25 | 20.5% | 8.0% | ||
| Q2 25 | 3.2% | 7.1% | ||
| Q1 25 | 1.1% | — | ||
| Q4 24 | 9.2% | 7.4% | ||
| Q3 24 | 20.3% | 2.9% | ||
| Q2 24 | 4.6% | 4.6% | ||
| Q1 24 | 10.6% | — |
| Q4 25 | 1.1% | 2.0% | ||
| Q3 25 | 0.6% | 2.5% | ||
| Q2 25 | 0.7% | 1.6% | ||
| Q1 25 | 0.7% | — | ||
| Q4 24 | 1.3% | 2.1% | ||
| Q3 24 | 0.4% | 2.3% | ||
| Q2 24 | 0.4% | 2.1% | ||
| Q1 24 | 0.6% | — |
| Q4 25 | 2.59× | 1.38× | ||
| Q3 25 | 2.76× | 2.24× | ||
| Q2 25 | 0.60× | 2.56× | ||
| Q1 25 | 0.33× | — | ||
| Q4 24 | 1.26× | 1.75× | ||
| Q3 24 | 1.77× | 0.94× | ||
| Q2 24 | 0.58× | 1.44× | ||
| Q1 24 | 1.12× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
