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Side-by-side financial comparison of EPAM Systems (EPAM) and KB HOME (KBH). Click either name above to swap in a different company.
KB HOME is the larger business by last-quarter revenue ($1.7B vs $1.4B, roughly 1.2× EPAM Systems). EPAM Systems runs the higher net margin — 7.8% vs 6.0%, a 1.8% gap on every dollar of revenue. On growth, EPAM Systems posted the faster year-over-year revenue change (12.8% vs -15.3%). KB HOME produced more free cash flow last quarter ($290.1M vs $268.1M). Over the past eight quarters, EPAM Systems's revenue compounded faster (9.9% CAGR vs 7.4%).
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.
KB Home is an American homebuilding company founded in 1957 as Kaufman & Broad in Detroit, Michigan. It was the first company to be traded on the New York Stock Exchange as a home builder. Its headquarters are in Los Angeles, California.
EPAM vs KBH — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | ||
|---|---|---|
| Revenue | $1.4B | $1.7B |
| Net Profit | $109.4M | $101.5M |
| Gross Margin | 30.1% | — |
| Operating Margin | 10.6% | — |
| Net Margin | 7.8% | 6.0% |
| Revenue YoY | 12.8% | -15.3% |
| Net Profit YoY | 5.9% | -46.7% |
| EPS (diluted) | $1.97 | $1.55 |
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 | $1.7B | ||
| Q3 25 | $1.4B | $1.6B | ||
| Q2 25 | $1.4B | $1.5B | ||
| Q1 25 | $1.3B | $1.4B | ||
| Q4 24 | $1.2B | $2.0B | ||
| Q3 24 | $1.2B | $1.8B | ||
| Q2 24 | $1.1B | $1.7B | ||
| Q1 24 | $1.2B | $1.5B |
| Q4 25 | $109.4M | $101.5M | ||
| Q3 25 | $106.8M | $109.8M | ||
| Q2 25 | $88.0M | $107.9M | ||
| Q1 25 | $73.5M | $109.6M | ||
| Q4 24 | $103.3M | $190.6M | ||
| Q3 24 | $136.3M | $157.3M | ||
| Q2 24 | $98.6M | $168.4M | ||
| Q1 24 | $116.2M | $138.7M |
| 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% | — | ||
| Q3 25 | 10.4% | — | ||
| Q2 25 | 9.3% | — | ||
| Q1 25 | 7.6% | — | ||
| Q4 24 | 10.9% | — | ||
| Q3 24 | 15.2% | — | ||
| Q2 24 | 10.5% | — | ||
| Q1 24 | 9.5% | — |
| Q4 25 | 7.8% | 6.0% | ||
| Q3 25 | 7.7% | 6.8% | ||
| Q2 25 | 6.5% | 7.1% | ||
| Q1 25 | 5.6% | 7.9% | ||
| Q4 24 | 8.3% | 9.5% | ||
| Q3 24 | 11.7% | 9.0% | ||
| Q2 24 | 8.6% | 9.9% | ||
| Q1 24 | 10.0% | 9.4% |
| Q4 25 | $1.97 | $1.55 | ||
| Q3 25 | $1.91 | $1.61 | ||
| Q2 25 | $1.56 | $1.50 | ||
| Q1 25 | $1.28 | $1.49 | ||
| Q4 24 | $1.80 | $2.50 | ||
| Q3 24 | $2.37 | $2.04 | ||
| Q2 24 | $1.70 | $2.15 | ||
| Q1 24 | $1.97 | $1.76 |
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 | — |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.7B | $3.9B |
| Total Assets | $4.9B | $6.7B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| 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 | — |
| Q4 25 | $3.7B | $3.9B | ||
| Q3 25 | $3.7B | $3.9B | ||
| Q2 25 | $3.7B | $4.0B | ||
| Q1 25 | $3.6B | $4.1B | ||
| Q4 24 | $3.6B | $4.1B | ||
| Q3 24 | $3.6B | $4.0B | ||
| Q2 24 | $3.4B | $4.0B | ||
| Q1 24 | $3.5B | $3.9B |
| Q4 25 | $4.9B | $6.7B | ||
| Q3 25 | $4.8B | $7.0B | ||
| Q2 25 | $4.7B | $7.0B | ||
| Q1 25 | $4.7B | $7.0B | ||
| Q4 24 | $4.8B | $6.9B | ||
| Q3 24 | $4.5B | $6.8B | ||
| Q2 24 | $4.2B | $6.8B | ||
| Q1 24 | $4.4B | $6.7B |
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 | $303.8M |
| Free Cash FlowOCF − Capex | $268.1M | $290.1M |
| FCF MarginFCF / Revenue | 19.0% | 17.1% |
| Capex IntensityCapex / Revenue | 1.1% | 0.8% |
| Cash ConversionOCF / Net Profit | 2.59× | 2.99× |
| TTM Free Cash FlowTrailing 4 quarters | $612.7M | $287.3M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $282.9M | $303.8M | ||
| Q3 25 | $294.7M | $197.7M | ||
| Q2 25 | $53.2M | $168.4M | ||
| Q1 25 | $24.2M | $-334.3M | ||
| Q4 24 | $130.3M | $362.6M | ||
| Q3 24 | $242.0M | $-89.9M | ||
| Q2 24 | $57.0M | $61.5M | ||
| Q1 24 | $129.9M | $28.5M |
| Q4 25 | $268.1M | $290.1M | ||
| Q3 25 | $286.4M | $185.8M | ||
| Q2 25 | $43.4M | $156.9M | ||
| Q1 25 | $14.8M | $-345.5M | ||
| Q4 24 | $114.5M | $352.6M | ||
| Q3 24 | $237.0M | $-99.4M | ||
| Q2 24 | $52.3M | $51.2M | ||
| Q1 24 | $123.2M | $19.1M |
| Q4 25 | 19.0% | 17.1% | ||
| Q3 25 | 20.5% | 11.5% | ||
| Q2 25 | 3.2% | 10.3% | ||
| Q1 25 | 1.1% | -24.8% | ||
| Q4 24 | 9.2% | 17.6% | ||
| Q3 24 | 20.3% | -5.7% | ||
| Q2 24 | 4.6% | 3.0% | ||
| Q1 24 | 10.6% | 1.3% |
| Q4 25 | 1.1% | 0.8% | ||
| Q3 25 | 0.6% | 0.7% | ||
| Q2 25 | 0.7% | 0.8% | ||
| Q1 25 | 0.7% | 0.8% | ||
| Q4 24 | 1.3% | 0.5% | ||
| Q3 24 | 0.4% | 0.5% | ||
| Q2 24 | 0.4% | 0.6% | ||
| Q1 24 | 0.6% | 0.6% |
| Q4 25 | 2.59× | 2.99× | ||
| Q3 25 | 2.76× | 1.80× | ||
| Q2 25 | 0.60× | 1.56× | ||
| Q1 25 | 0.33× | -3.05× | ||
| Q4 24 | 1.26× | 1.90× | ||
| Q3 24 | 1.77× | -0.57× | ||
| Q2 24 | 0.58× | 0.37× | ||
| Q1 24 | 1.12× | 0.21× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EPAM
Segment breakdown not available.
KBH
| Home Building | $1.7B | 99% |
| Financial Service | $8.7M | 1% |