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Side-by-side financial comparison of EPAM Systems (EPAM) and Huntington Ingalls Industries (HII). Click either name above to swap in a different company.
Huntington Ingalls Industries is the larger business by last-quarter revenue ($1.7B vs $1.4B, roughly 1.2× EPAM Systems). Huntington Ingalls Industries runs the higher net margin — 8.9% vs 5.9%, a 3.1% gap on every dollar of revenue. On growth, Huntington Ingalls Industries posted the faster year-over-year revenue change (13.8% vs 7.6%). Over the past eight quarters, EPAM Systems's revenue compounded faster (10.5% CAGR vs -25.2%).
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.
Huntington Ingalls Industries, Inc. (HII) is the largest military shipbuilding company in the United States as well as a provider of professional services to partners in government and industry. HII was formed on 31 March 2011, as a divestiture from Northrop Grumman.
EPAM vs HII — Head-to-Head
Income Statement — Q1 FY2026 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $1.7B |
| Net Profit | $82.5M | $149.0M |
| Gross Margin | — | — |
| Operating Margin | 8.3% | 9.3% |
| Net Margin | 5.9% | 8.9% |
| Revenue YoY | 7.6% | 13.8% |
| Net Profit YoY | 12.3% | — |
| EPS (diluted) | $1.52 | $3.79 |
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.
| Q1 26 | $1.4B | $1.7B | ||
| Q4 25 | $1.4B | $3.5B | ||
| Q3 25 | $1.4B | $3.2B | ||
| Q2 25 | $1.4B | $3.1B | ||
| Q1 25 | $1.3B | $2.7B | ||
| Q4 24 | $1.2B | $3.0B | ||
| Q3 24 | $1.2B | $2.7B | ||
| Q2 24 | $1.1B | $3.0B |
| Q1 26 | $82.5M | $149.0M | ||
| Q4 25 | $109.4M | $159.0M | ||
| Q3 25 | $106.8M | $145.0M | ||
| Q2 25 | $88.0M | $152.0M | ||
| Q1 25 | $73.5M | $149.0M | ||
| Q4 24 | $103.3M | $123.0M | ||
| Q3 24 | $136.3M | $101.0M | ||
| Q2 24 | $98.6M | $173.0M |
| Q1 26 | — | — | ||
| 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 26 | 8.3% | 9.3% | ||
| Q4 25 | 10.6% | 4.9% | ||
| Q3 25 | 10.4% | 5.0% | ||
| Q2 25 | 9.3% | 5.3% | ||
| Q1 25 | 7.6% | 5.9% | ||
| Q4 24 | 10.9% | 3.7% | ||
| Q3 24 | 15.2% | 3.0% | ||
| Q2 24 | 10.5% | 6.3% |
| Q1 26 | 5.9% | 8.9% | ||
| Q4 25 | 7.8% | 4.6% | ||
| Q3 25 | 7.7% | 4.5% | ||
| Q2 25 | 6.5% | 4.9% | ||
| Q1 25 | 5.6% | 5.4% | ||
| Q4 24 | 8.3% | 4.1% | ||
| Q3 24 | 11.7% | 3.7% | ||
| Q2 24 | 8.6% | 5.8% |
| Q1 26 | $1.52 | $3.79 | ||
| Q4 25 | $1.97 | $4.06 | ||
| Q3 25 | $1.91 | $3.68 | ||
| Q2 25 | $1.56 | $3.86 | ||
| Q1 25 | $1.28 | $3.79 | ||
| Q4 24 | $1.80 | $3.15 | ||
| Q3 24 | $2.37 | $2.56 | ||
| Q2 24 | $1.70 | $4.38 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.0B | $216.0M |
| Total DebtLower is stronger | $165.0M | $2.7B |
| Stockholders' EquityBook value | $3.4B | $5.1B |
| Total Assets | $4.7B | $12.5B |
| Debt / EquityLower = less leverage | 0.05× | 0.52× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $1.0B | $216.0M | ||
| 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 26 | $165.0M | $2.7B | ||
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $2.7B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $3.4B | $5.1B | ||
| Q4 25 | $3.7B | $5.1B | ||
| Q3 25 | $3.7B | $5.0B | ||
| Q2 25 | $3.7B | $4.9B | ||
| Q1 25 | $3.6B | $4.8B | ||
| Q4 24 | $3.6B | $4.7B | ||
| Q3 24 | $3.6B | $4.2B | ||
| Q2 24 | $3.4B | $4.2B |
| Q1 26 | $4.7B | $12.5B | ||
| Q4 25 | $4.9B | $12.7B | ||
| Q3 25 | $4.8B | $12.3B | ||
| Q2 25 | $4.7B | $12.1B | ||
| Q1 25 | $4.7B | $12.1B | ||
| Q4 24 | $4.8B | $12.1B | ||
| Q3 24 | $4.5B | $11.1B | ||
| Q2 24 | $4.2B | $11.3B |
| Q1 26 | 0.05× | 0.52× | ||
| Q4 25 | — | 0.53× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 0.58× | ||
| Q3 24 | — | — | ||
| Q2 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 | — | $-390.0M |
| Free Cash FlowOCF − Capex | — | $-461.0M |
| FCF MarginFCF / Revenue | — | -27.7% |
| Capex IntensityCapex / Revenue | — | 4.4% |
| Cash ConversionOCF / Net Profit | — | -2.62× |
| TTM Free Cash FlowTrailing 4 quarters | — | $795.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $-390.0M | ||
| Q4 25 | $282.9M | $650.0M | ||
| Q3 25 | $294.7M | $118.0M | ||
| Q2 25 | $53.2M | $823.0M | ||
| Q1 25 | $24.2M | $-395.0M | ||
| Q4 24 | $130.3M | $391.0M | ||
| Q3 24 | $242.0M | $213.0M | ||
| Q2 24 | $57.0M | $-9.0M |
| Q1 26 | — | $-461.0M | ||
| Q4 25 | $268.1M | $516.0M | ||
| Q3 25 | $286.4M | $13.0M | ||
| Q2 25 | $43.4M | $727.0M | ||
| Q1 25 | $14.8M | $-462.0M | ||
| Q4 24 | $114.5M | $277.0M | ||
| Q3 24 | $237.0M | $125.0M | ||
| Q2 24 | $52.3M | $-99.0M |
| Q1 26 | — | -27.7% | ||
| Q4 25 | 19.0% | 14.8% | ||
| Q3 25 | 20.5% | 0.4% | ||
| Q2 25 | 3.2% | 23.6% | ||
| Q1 25 | 1.1% | -16.9% | ||
| Q4 24 | 9.2% | 9.2% | ||
| Q3 24 | 20.3% | 4.5% | ||
| Q2 24 | 4.6% | -3.3% |
| Q1 26 | — | 4.4% | ||
| Q4 25 | 1.1% | 3.9% | ||
| Q3 25 | 0.6% | 3.3% | ||
| Q2 25 | 0.7% | 3.1% | ||
| Q1 25 | 0.7% | 2.5% | ||
| Q4 24 | 1.3% | 3.8% | ||
| Q3 24 | 0.4% | 3.2% | ||
| Q2 24 | 0.4% | 3.0% |
| Q1 26 | — | -2.62× | ||
| Q4 25 | 2.59× | 4.09× | ||
| Q3 25 | 2.76× | 0.81× | ||
| Q2 25 | 0.60× | 5.41× | ||
| Q1 25 | 0.33× | -2.65× | ||
| Q4 24 | 1.26× | 3.18× | ||
| Q3 24 | 1.77× | 2.11× | ||
| Q2 24 | 0.58× | -0.05× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
