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Side-by-side financial comparison of EPAM Systems (EPAM) and G III APPAREL GROUP LTD (GIII). Click either name above to swap in a different company.
EPAM Systems is the larger business by last-quarter revenue ($1.4B vs $988.6M, roughly 1.4× G III APPAREL GROUP LTD). G III APPAREL GROUP LTD runs the higher net margin — 8.2% vs 7.8%, a 0.4% gap on every dollar of revenue. On growth, EPAM Systems posted the faster year-over-year revenue change (12.8% vs -9.0%). EPAM Systems produced more free cash flow last quarter ($268.1M vs $-106.4M). Over the past eight quarters, G III APPAREL GROUP LTD's revenue compounded faster (13.7% CAGR vs 9.9%).
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.
G III Apparel Group is a global fashion company that designs, sources, manufactures, markets and distributes apparel, footwear, and accessories under a range of owned and licensed well-known brands. It serves department stores, specialty retailers, and e-commerce platforms across North America, Europe, and other key global markets, catering to casual, sportswear, and premium fashion consumer segments.
EPAM vs GIII — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $988.6M |
| Net Profit | $109.4M | $80.6M |
| Gross Margin | 30.1% | 38.6% |
| Operating Margin | 10.6% | 11.4% |
| Net Margin | 7.8% | 8.2% |
| Revenue YoY | 12.8% | -9.0% |
| Net Profit YoY | 5.9% | -29.8% |
| EPS (diluted) | $1.97 | $1.84 |
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 | $988.6M | ||
| Q3 25 | $1.4B | $613.3M | ||
| Q2 25 | $1.4B | $583.6M | ||
| Q1 25 | $1.3B | $839.5M | ||
| Q4 24 | $1.2B | $1.1B | ||
| Q3 24 | $1.2B | $644.8M | ||
| Q2 24 | $1.1B | $609.7M | ||
| Q1 24 | $1.2B | $764.8M |
| Q4 25 | $109.4M | $80.6M | ||
| Q3 25 | $106.8M | $10.9M | ||
| Q2 25 | $88.0M | $7.8M | ||
| Q1 25 | $73.5M | $48.8M | ||
| Q4 24 | $103.3M | $114.8M | ||
| Q3 24 | $136.3M | $24.2M | ||
| Q2 24 | $98.6M | $5.8M | ||
| Q1 24 | $116.2M | $28.9M |
| Q4 25 | 30.1% | 38.6% | ||
| Q3 25 | 29.5% | 40.8% | ||
| Q2 25 | 28.8% | 42.2% | ||
| Q1 25 | 26.9% | 39.5% | ||
| Q4 24 | 30.4% | 39.8% | ||
| Q3 24 | 34.6% | 42.8% | ||
| Q2 24 | 29.3% | 42.5% | ||
| Q1 24 | 28.4% | 36.9% |
| Q4 25 | 10.6% | 11.4% | ||
| Q3 25 | 10.4% | 2.7% | ||
| Q2 25 | 9.3% | 1.5% | ||
| Q1 25 | 7.6% | 8.5% | ||
| Q4 24 | 10.9% | 15.3% | ||
| Q3 24 | 15.2% | 6.4% | ||
| Q2 24 | 10.5% | 2.2% | ||
| Q1 24 | 9.5% | 6.1% |
| Q4 25 | 7.8% | 8.2% | ||
| Q3 25 | 7.7% | 1.8% | ||
| Q2 25 | 6.5% | 1.3% | ||
| Q1 25 | 5.6% | 5.8% | ||
| Q4 24 | 8.3% | 10.6% | ||
| Q3 24 | 11.7% | 3.8% | ||
| Q2 24 | 8.6% | 1.0% | ||
| Q1 24 | 10.0% | 3.8% |
| Q4 25 | $1.97 | $1.84 | ||
| Q3 25 | $1.91 | $0.25 | ||
| Q2 25 | $1.56 | $0.17 | ||
| Q1 25 | $1.28 | $1.00 | ||
| Q4 24 | $1.80 | $2.55 | ||
| Q3 24 | $2.37 | $0.53 | ||
| Q2 24 | $1.70 | $0.12 | ||
| Q1 24 | $1.97 | $0.59 |
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 | $184.1M |
| Total DebtLower is stronger | — | $6.5M |
| Stockholders' EquityBook value | $3.7B | $1.8B |
| Total Assets | $4.9B | $2.8B |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.3B | $184.1M | ||
| Q3 25 | $1.2B | $301.8M | ||
| Q2 25 | $1.0B | $257.8M | ||
| Q1 25 | $1.2B | $181.4M | ||
| Q4 24 | $1.3B | $104.7M | ||
| Q3 24 | $2.1B | $414.8M | ||
| Q2 24 | $1.8B | $508.4M | ||
| Q1 24 | $2.0B | $507.8M |
| Q4 25 | — | $6.5M | ||
| Q3 25 | — | $6.9M | ||
| Q2 25 | — | $6.8M | ||
| Q1 25 | — | $3.0M | ||
| Q4 24 | — | $213.9M | ||
| Q3 24 | — | $402.5M | ||
| Q2 24 | — | $402.7M | ||
| Q1 24 | — | $402.8M |
| Q4 25 | $3.7B | $1.8B | ||
| Q3 25 | $3.7B | $1.7B | ||
| Q2 25 | $3.7B | $1.7B | ||
| Q1 25 | $3.6B | $1.7B | ||
| Q4 24 | $3.6B | $1.6B | ||
| Q3 24 | $3.6B | $1.5B | ||
| Q2 24 | $3.4B | $1.5B | ||
| Q1 24 | $3.5B | $1.6B |
| Q4 25 | $4.9B | $2.8B | ||
| Q3 25 | $4.8B | $2.7B | ||
| Q2 25 | $4.7B | $2.4B | ||
| Q1 25 | $4.7B | $2.5B | ||
| Q4 24 | $4.8B | $2.8B | ||
| Q3 24 | $4.5B | $2.7B | ||
| Q2 24 | $4.2B | $2.6B | ||
| Q1 24 | $4.4B | $2.7B |
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.13× | ||
| Q3 24 | — | 0.27× | ||
| Q2 24 | — | 0.26× | ||
| Q1 24 | — | 0.26× |
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 | $-97.3M |
| Free Cash FlowOCF − Capex | $268.1M | $-106.4M |
| FCF MarginFCF / Revenue | 19.0% | -10.8% |
| Capex IntensityCapex / Revenue | 1.1% | 0.9% |
| Cash ConversionOCF / Net Profit | 2.59× | -1.21× |
| TTM Free Cash FlowTrailing 4 quarters | $612.7M | $367.7M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $282.9M | $-97.3M | ||
| Q3 25 | $294.7M | $75.1M | ||
| Q2 25 | $53.2M | $93.8M | ||
| Q1 25 | $24.2M | $333.4M | ||
| Q4 24 | $130.3M | $-111.8M | ||
| Q3 24 | $242.0M | $49.3M | ||
| Q2 24 | $57.0M | $45.5M | ||
| Q1 24 | $129.9M | $361.3M |
| Q4 25 | $268.1M | $-106.4M | ||
| Q3 25 | $286.4M | $64.7M | ||
| Q2 25 | $43.4M | $85.7M | ||
| Q1 25 | $14.8M | $323.7M | ||
| Q4 24 | $114.5M | $-120.3M | ||
| Q3 24 | $237.0M | $38.8M | ||
| Q2 24 | $52.3M | $32.8M | ||
| Q1 24 | $123.2M | $352.3M |
| Q4 25 | 19.0% | -10.8% | ||
| Q3 25 | 20.5% | 10.6% | ||
| Q2 25 | 3.2% | 14.7% | ||
| Q1 25 | 1.1% | 38.6% | ||
| Q4 24 | 9.2% | -11.1% | ||
| Q3 24 | 20.3% | 6.0% | ||
| Q2 24 | 4.6% | 5.4% | ||
| Q1 24 | 10.6% | 46.1% |
| Q4 25 | 1.1% | 0.9% | ||
| Q3 25 | 0.6% | 1.7% | ||
| Q2 25 | 0.7% | 1.4% | ||
| Q1 25 | 0.7% | 1.2% | ||
| Q4 24 | 1.3% | 0.8% | ||
| Q3 24 | 0.4% | 1.6% | ||
| Q2 24 | 0.4% | 2.1% | ||
| Q1 24 | 0.6% | 1.2% |
| Q4 25 | 2.59× | -1.21× | ||
| Q3 25 | 2.76× | 6.86× | ||
| Q2 25 | 0.60× | 12.09× | ||
| Q1 25 | 0.33× | 6.83× | ||
| Q4 24 | 1.26× | -0.97× | ||
| Q3 24 | 1.77× | 2.04× | ||
| Q2 24 | 0.58× | 7.84× | ||
| Q1 24 | 1.12× | 12.52× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EPAM
Segment breakdown not available.
GIII
| Proprietary Brands | $498.1M | 50% |
| Licensed Brands | $479.2M | 48% |
| Retail Segment | $45.7M | 5% |
