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Side-by-side financial comparison of EPAM Systems (EPAM) and Floor & Decor Holdings, Inc. (FND). Click either name above to swap in a different company.

EPAM Systems is the larger business by last-quarter revenue ($1.4B vs $1.1B, roughly 1.2× Floor & Decor Holdings, Inc.). EPAM Systems runs the higher net margin — 7.8% vs 3.5%, a 4.3% gap on every dollar of revenue. On growth, EPAM Systems posted the faster year-over-year revenue change (12.8% vs 2.0%). EPAM Systems produced more free cash flow last quarter ($268.1M vs $45.1M). Over the past eight quarters, EPAM Systems's revenue compounded faster (9.9% CAGR vs 1.5%).

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.

Floor & Decor Holdings, Inc., branded as Floor & Decor, is a multi-channel American specialty retailer of hard surface flooring and related accessories that was founded in 2000 and headquartered in Smyrna, Georgia, United States.

EPAM vs FND — Head-to-Head

Bigger by revenue
EPAM
EPAM
1.2× larger
EPAM
$1.4B
$1.1B
FND
Growing faster (revenue YoY)
EPAM
EPAM
+10.7% gap
EPAM
12.8%
2.0%
FND
Higher net margin
EPAM
EPAM
4.3% more per $
EPAM
7.8%
3.5%
FND
More free cash flow
EPAM
EPAM
$223.0M more FCF
EPAM
$268.1M
$45.1M
FND
Faster 2-yr revenue CAGR
EPAM
EPAM
Annualised
EPAM
9.9%
1.5%
FND

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EPAM
EPAM
FND
FND
Revenue
$1.4B
$1.1B
Net Profit
$109.4M
$39.3M
Gross Margin
30.1%
43.5%
Operating Margin
10.6%
4.6%
Net Margin
7.8%
3.5%
Revenue YoY
12.8%
2.0%
Net Profit YoY
5.9%
-17.2%
EPS (diluted)
$1.97
$0.36

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
EPAM
EPAM
FND
FND
Q4 25
$1.4B
$1.1B
Q3 25
$1.4B
$1.2B
Q2 25
$1.4B
$1.2B
Q1 25
$1.3B
$1.2B
Q4 24
$1.2B
$1.1B
Q3 24
$1.2B
$1.1B
Q2 24
$1.1B
$1.1B
Q1 24
$1.2B
$1.1B
Net Profit
EPAM
EPAM
FND
FND
Q4 25
$109.4M
$39.3M
Q3 25
$106.8M
$57.3M
Q2 25
$88.0M
$63.2M
Q1 25
$73.5M
$48.9M
Q4 24
$103.3M
$47.5M
Q3 24
$136.3M
$51.7M
Q2 24
$98.6M
$56.7M
Q1 24
$116.2M
$50.0M
Gross Margin
EPAM
EPAM
FND
FND
Q4 25
30.1%
43.5%
Q3 25
29.5%
43.4%
Q2 25
28.8%
43.9%
Q1 25
26.9%
43.8%
Q4 24
30.4%
43.5%
Q3 24
34.6%
43.5%
Q2 24
29.3%
43.3%
Q1 24
28.4%
42.8%
Operating Margin
EPAM
EPAM
FND
FND
Q4 25
10.6%
4.6%
Q3 25
10.4%
6.1%
Q2 25
9.3%
6.7%
Q1 25
7.6%
5.5%
Q4 24
10.9%
5.3%
Q3 24
15.2%
5.9%
Q2 24
10.5%
6.3%
Q1 24
9.5%
5.4%
Net Margin
EPAM
EPAM
FND
FND
Q4 25
7.8%
3.5%
Q3 25
7.7%
4.9%
Q2 25
6.5%
5.2%
Q1 25
5.6%
4.2%
Q4 24
8.3%
4.3%
Q3 24
11.7%
4.6%
Q2 24
8.6%
5.0%
Q1 24
10.0%
4.6%
EPS (diluted)
EPAM
EPAM
FND
FND
Q4 25
$1.97
$0.36
Q3 25
$1.91
$0.53
Q2 25
$1.56
$0.58
Q1 25
$1.28
$0.45
Q4 24
$1.80
$0.44
Q3 24
$2.37
$0.48
Q2 24
$1.70
$0.52
Q1 24
$1.97
$0.46

Balance Sheet & Financial Strength

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

Metric
EPAM
EPAM
FND
FND
Cash + ST InvestmentsLiquidity on hand
$1.3B
Total DebtLower is stronger
Stockholders' EquityBook value
$3.7B
$2.4B
Total Assets
$4.9B
$5.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EPAM
EPAM
FND
FND
Q4 25
$1.3B
Q3 25
$1.2B
Q2 25
$1.0B
Q1 25
$1.2B
Q4 24
$1.3B
Q3 24
$2.1B
Q2 24
$1.8B
Q1 24
$2.0B
Stockholders' Equity
EPAM
EPAM
FND
FND
Q4 25
$3.7B
$2.4B
Q3 25
$3.7B
$2.4B
Q2 25
$3.7B
$2.3B
Q1 25
$3.6B
$2.2B
Q4 24
$3.6B
$2.2B
Q3 24
$3.6B
$2.1B
Q2 24
$3.4B
$2.0B
Q1 24
$3.5B
$2.0B
Total Assets
EPAM
EPAM
FND
FND
Q4 25
$4.9B
$5.5B
Q3 25
$4.8B
$5.5B
Q2 25
$4.7B
$5.4B
Q1 25
$4.7B
$5.4B
Q4 24
$4.8B
$5.1B
Q3 24
$4.5B
$4.9B
Q2 24
$4.2B
$4.8B
Q1 24
$4.4B
$4.7B

Cash Flow & Capital Efficiency

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

Metric
EPAM
EPAM
FND
FND
Operating Cash FlowLast quarter
$282.9M
$124.1M
Free Cash FlowOCF − Capex
$268.1M
$45.1M
FCF MarginFCF / Revenue
19.0%
4.0%
Capex IntensityCapex / Revenue
1.1%
7.0%
Cash ConversionOCF / Net Profit
2.59×
3.15×
TTM Free Cash FlowTrailing 4 quarters
$612.7M
$64.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EPAM
EPAM
FND
FND
Q4 25
$282.9M
$124.1M
Q3 25
$294.7M
$102.5M
Q2 25
$53.2M
$84.1M
Q1 25
$24.2M
$71.2M
Q4 24
$130.3M
$101.4M
Q3 24
$242.0M
$160.3M
Q2 24
$57.0M
$194.0M
Q1 24
$129.9M
$147.5M
Free Cash Flow
EPAM
EPAM
FND
FND
Q4 25
$268.1M
$45.1M
Q3 25
$286.4M
$24.5M
Q2 25
$43.4M
$-10.0M
Q1 25
$14.8M
$4.4M
Q4 24
$114.5M
$3.9M
Q3 24
$237.0M
$36.5M
Q2 24
$52.3M
$80.0M
Q1 24
$123.2M
$35.8M
FCF Margin
EPAM
EPAM
FND
FND
Q4 25
19.0%
4.0%
Q3 25
20.5%
2.1%
Q2 25
3.2%
-0.8%
Q1 25
1.1%
0.4%
Q4 24
9.2%
0.4%
Q3 24
20.3%
3.3%
Q2 24
4.6%
7.1%
Q1 24
10.6%
3.3%
Capex Intensity
EPAM
EPAM
FND
FND
Q4 25
1.1%
7.0%
Q3 25
0.6%
6.6%
Q2 25
0.7%
7.8%
Q1 25
0.7%
5.7%
Q4 24
1.3%
8.8%
Q3 24
0.4%
11.1%
Q2 24
0.4%
10.1%
Q1 24
0.6%
10.2%
Cash Conversion
EPAM
EPAM
FND
FND
Q4 25
2.59×
3.15×
Q3 25
2.76×
1.79×
Q2 25
0.60×
1.33×
Q1 25
0.33×
1.46×
Q4 24
1.26×
2.14×
Q3 24
1.77×
3.10×
Q2 24
0.58×
3.42×
Q1 24
1.12×
2.95×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EPAM
EPAM

Segment breakdown not available.

FND
FND

Laminate And Vinyl$310.1M27%
Tile$259.1M23%
Installation Materials And Tools$218.4M19%
Decorative Accessories And Wall Tile$177.0M16%
Wood$83.2M7%
Natural Stone$46.8M4%
Adjacent Categories$26.6M2%
Other$8.5M1%

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