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Side-by-side financial comparison of EPAM Systems (EPAM) and Construction Partners, Inc. (ROAD). Click either name above to swap in a different company.
EPAM Systems is the larger business by last-quarter revenue ($1.4B vs $809.5M, roughly 1.7× Construction Partners, Inc.). EPAM Systems runs the higher net margin — 7.8% vs 2.1%, a 5.6% gap on every dollar of revenue. On growth, Construction Partners, Inc. posted the faster year-over-year revenue change (44.1% vs 12.8%). EPAM Systems produced more free cash flow last quarter ($268.1M vs $47.1M). Over the past eight quarters, Construction Partners, Inc.'s revenue compounded faster (47.6% 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.
Alexander Construction Company was a Palm Springs, California, residential development company that built over 2,200 houses in the Coachella Valley of Riverside County, California, between 1955 and 1965.
EPAM vs ROAD — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $809.5M |
| Net Profit | $109.4M | $17.2M |
| Gross Margin | 30.1% | 15.0% |
| Operating Margin | 10.6% | 6.2% |
| Net Margin | 7.8% | 2.1% |
| Revenue YoY | 12.8% | 44.1% |
| Net Profit YoY | 5.9% | 663.9% |
| EPS (diluted) | $1.97 | $0.31 |
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 | $809.5M | ||
| Q3 25 | $1.4B | $899.8M | ||
| Q2 25 | $1.4B | $779.3M | ||
| Q1 25 | $1.3B | $571.6M | ||
| Q4 24 | $1.2B | $561.6M | ||
| Q3 24 | $1.2B | $538.2M | ||
| Q2 24 | $1.1B | $517.8M | ||
| Q1 24 | $1.2B | $371.4M |
| Q4 25 | $109.4M | $17.2M | ||
| Q3 25 | $106.8M | $56.6M | ||
| Q2 25 | $88.0M | $44.0M | ||
| Q1 25 | $73.5M | $4.2M | ||
| Q4 24 | $103.3M | $-3.1M | ||
| Q3 24 | $136.3M | $29.3M | ||
| Q2 24 | $98.6M | $30.9M | ||
| Q1 24 | $116.2M | $-1.1M |
| Q4 25 | 30.1% | 15.0% | ||
| Q3 25 | 29.5% | 17.7% | ||
| Q2 25 | 28.8% | 16.9% | ||
| Q1 25 | 26.9% | 12.5% | ||
| Q4 24 | 30.4% | 13.6% | ||
| Q3 24 | 34.6% | 15.6% | ||
| Q2 24 | 29.3% | 16.1% | ||
| Q1 24 | 28.4% | 10.4% |
| Q4 25 | 10.6% | 6.2% | ||
| Q3 25 | 10.4% | 11.2% | ||
| Q2 25 | 9.3% | 10.6% | ||
| Q1 25 | 7.6% | 4.8% | ||
| Q4 24 | 10.9% | 2.5% | ||
| Q3 24 | 15.2% | 8.5% | ||
| Q2 24 | 10.5% | 8.8% | ||
| Q1 24 | 9.5% | 0.8% |
| Q4 25 | 7.8% | 2.1% | ||
| Q3 25 | 7.7% | 6.3% | ||
| Q2 25 | 6.5% | 5.7% | ||
| Q1 25 | 5.6% | 0.7% | ||
| Q4 24 | 8.3% | -0.5% | ||
| Q3 24 | 11.7% | 5.4% | ||
| Q2 24 | 8.6% | 6.0% | ||
| Q1 24 | 10.0% | -0.3% |
| Q4 25 | $1.97 | $0.31 | ||
| Q3 25 | $1.91 | $1.03 | ||
| Q2 25 | $1.56 | $0.79 | ||
| Q1 25 | $1.28 | $0.08 | ||
| Q4 24 | $1.80 | $-0.06 | ||
| Q3 24 | $2.37 | $0.55 | ||
| Q2 24 | $1.70 | $0.59 | ||
| Q1 24 | $1.97 | $-0.02 |
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 | $104.1M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.7B | $969.1M |
| Total Assets | $4.9B | $3.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.3B | $104.1M | ||
| Q3 25 | $1.2B | $156.1M | ||
| Q2 25 | $1.0B | $114.3M | ||
| Q1 25 | $1.2B | $101.9M | ||
| Q4 24 | $1.3B | $132.5M | ||
| Q3 24 | $2.1B | $74.7M | ||
| Q2 24 | $1.8B | $56.3M | ||
| Q1 24 | $2.0B | $48.0M |
| Q4 25 | — | — | ||
| Q3 25 | — | $1.6B | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $515.0M | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $3.7B | $969.1M | ||
| Q3 25 | $3.7B | $912.0M | ||
| Q2 25 | $3.7B | $853.3M | ||
| Q1 25 | $3.6B | $807.9M | ||
| Q4 24 | $3.6B | $811.1M | ||
| Q3 24 | $3.6B | $573.7M | ||
| Q2 24 | $3.4B | $552.9M | ||
| Q1 24 | $3.5B | $525.0M |
| Q4 25 | $4.9B | $3.4B | ||
| Q3 25 | $4.8B | $3.2B | ||
| Q2 25 | $4.7B | $2.9B | ||
| Q1 25 | $4.7B | $2.8B | ||
| Q4 24 | $4.8B | $2.6B | ||
| Q3 24 | $4.5B | $1.5B | ||
| Q2 24 | $4.2B | $1.4B | ||
| Q1 24 | $4.4B | $1.3B |
| Q4 25 | — | — | ||
| Q3 25 | — | 1.78× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 0.90× | ||
| Q2 24 | — | — | ||
| Q1 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 | $282.9M | $82.6M |
| Free Cash FlowOCF − Capex | $268.1M | $47.1M |
| FCF MarginFCF / Revenue | 19.0% | 5.8% |
| Capex IntensityCapex / Revenue | 1.1% | 4.4% |
| Cash ConversionOCF / Net Profit | 2.59× | 4.80× |
| TTM Free Cash FlowTrailing 4 quarters | $612.7M | $186.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $282.9M | $82.6M | ||
| Q3 25 | $294.7M | $112.0M | ||
| Q2 25 | $53.2M | $83.0M | ||
| Q1 25 | $24.2M | $55.6M | ||
| Q4 24 | $130.3M | $40.7M | ||
| Q3 24 | $242.0M | $95.9M | ||
| Q2 24 | $57.0M | $34.6M | ||
| Q1 24 | $129.9M | $18.2M |
| Q4 25 | $268.1M | $47.1M | ||
| Q3 25 | $286.4M | $78.9M | ||
| Q2 25 | $43.4M | $46.4M | ||
| Q1 25 | $14.8M | $14.2M | ||
| Q4 24 | $114.5M | $13.8M | ||
| Q3 24 | $237.0M | $78.4M | ||
| Q2 24 | $52.3M | $19.7M | ||
| Q1 24 | $123.2M | $-10.6M |
| Q4 25 | 19.0% | 5.8% | ||
| Q3 25 | 20.5% | 8.8% | ||
| Q2 25 | 3.2% | 5.9% | ||
| Q1 25 | 1.1% | 2.5% | ||
| Q4 24 | 9.2% | 2.5% | ||
| Q3 24 | 20.3% | 14.6% | ||
| Q2 24 | 4.6% | 3.8% | ||
| Q1 24 | 10.6% | -2.8% |
| Q4 25 | 1.1% | 4.4% | ||
| Q3 25 | 0.6% | 3.7% | ||
| Q2 25 | 0.7% | 4.7% | ||
| Q1 25 | 0.7% | 7.2% | ||
| Q4 24 | 1.3% | 4.8% | ||
| Q3 24 | 0.4% | 3.3% | ||
| Q2 24 | 0.4% | 2.9% | ||
| Q1 24 | 0.6% | 7.7% |
| Q4 25 | 2.59× | 4.80× | ||
| Q3 25 | 2.76× | 1.98× | ||
| Q2 25 | 0.60× | 1.88× | ||
| Q1 25 | 0.33× | 13.20× | ||
| Q4 24 | 1.26× | — | ||
| Q3 24 | 1.77× | 3.27× | ||
| Q2 24 | 0.58× | 1.12× | ||
| Q1 24 | 1.12× | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
