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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

Bigger by revenue
KBH
KBH
1.2× larger
KBH
$1.7B
$1.4B
EPAM
Growing faster (revenue YoY)
EPAM
EPAM
+28.0% gap
EPAM
12.8%
-15.3%
KBH
Higher net margin
EPAM
EPAM
1.8% more per $
EPAM
7.8%
6.0%
KBH
More free cash flow
KBH
KBH
$21.9M more FCF
KBH
$290.1M
$268.1M
EPAM
Faster 2-yr revenue CAGR
EPAM
EPAM
Annualised
EPAM
9.9%
7.4%
KBH

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EPAM
EPAM
KBH
KBH
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.

Revenue
EPAM
EPAM
KBH
KBH
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
Net Profit
EPAM
EPAM
KBH
KBH
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
Gross Margin
EPAM
EPAM
KBH
KBH
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%
Operating Margin
EPAM
EPAM
KBH
KBH
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%
Net Margin
EPAM
EPAM
KBH
KBH
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%
EPS (diluted)
EPAM
EPAM
KBH
KBH
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
EPAM
EPAM
KBH
KBH
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.

Cash + ST Investments
EPAM
EPAM
KBH
KBH
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
KBH
KBH
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
Total Assets
EPAM
EPAM
KBH
KBH
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
EPAM
EPAM
KBH
KBH
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.

Operating Cash Flow
EPAM
EPAM
KBH
KBH
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
Free Cash Flow
EPAM
EPAM
KBH
KBH
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
FCF Margin
EPAM
EPAM
KBH
KBH
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%
Capex Intensity
EPAM
EPAM
KBH
KBH
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%
Cash Conversion
EPAM
EPAM
KBH
KBH
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
EPAM

Segment breakdown not available.

KBH
KBH

Home Building$1.7B99%
Financial Service$8.7M1%

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