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Side-by-side financial comparison of EPAM Systems (EPAM) and SCANSOURCE, INC. (SCSC). Click either name above to swap in a different company.

EPAM Systems is the larger business by last-quarter revenue ($1.4B vs $766.5M, roughly 1.8× SCANSOURCE, INC.). EPAM Systems runs the higher net margin — 7.8% vs 2.2%, a 5.6% gap on every dollar of revenue. On growth, EPAM Systems posted the faster year-over-year revenue change (12.8% vs 2.5%). EPAM Systems produced more free cash flow last quarter ($268.1M vs $28.9M). Over the past eight quarters, EPAM Systems's revenue compounded faster (9.9% CAGR vs 0.9%).

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.

ScanSource, Inc. is a leading global specialty technology distributor offering a broad portfolio of solutions including point-of-sale systems, barcode scanning tools, cybersecurity products, cloud services and communication solutions. It primarily serves value-added resellers, managed service providers and enterprise clients across North America, Latin America and Europe, covering retail, healthcare, industrial and public sector core segments.

EPAM vs SCSC — Head-to-Head

Bigger by revenue
EPAM
EPAM
1.8× larger
EPAM
$1.4B
$766.5M
SCSC
Growing faster (revenue YoY)
EPAM
EPAM
+10.2% gap
EPAM
12.8%
2.5%
SCSC
Higher net margin
EPAM
EPAM
5.6% more per $
EPAM
7.8%
2.2%
SCSC
More free cash flow
EPAM
EPAM
$239.2M more FCF
EPAM
$268.1M
$28.9M
SCSC
Faster 2-yr revenue CAGR
EPAM
EPAM
Annualised
EPAM
9.9%
0.9%
SCSC

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
EPAM
EPAM
SCSC
SCSC
Revenue
$1.4B
$766.5M
Net Profit
$109.4M
$16.5M
Gross Margin
30.1%
13.4%
Operating Margin
10.6%
2.3%
Net Margin
7.8%
2.2%
Revenue YoY
12.8%
2.5%
Net Profit YoY
5.9%
-3.3%
EPS (diluted)
$1.97
$0.75

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
SCSC
SCSC
Q4 25
$1.4B
$766.5M
Q3 25
$1.4B
$739.6M
Q2 25
$1.4B
$812.9M
Q1 25
$1.3B
$704.8M
Q4 24
$1.2B
$747.5M
Q3 24
$1.2B
$775.6M
Q2 24
$1.1B
$746.1M
Q1 24
$1.2B
$752.6M
Net Profit
EPAM
EPAM
SCSC
SCSC
Q4 25
$109.4M
$16.5M
Q3 25
$106.8M
$19.9M
Q2 25
$88.0M
$20.1M
Q1 25
$73.5M
$17.4M
Q4 24
$103.3M
$17.1M
Q3 24
$136.3M
$17.0M
Q2 24
$98.6M
$16.1M
Q1 24
$116.2M
$12.8M
Gross Margin
EPAM
EPAM
SCSC
SCSC
Q4 25
30.1%
13.4%
Q3 25
29.5%
14.5%
Q2 25
28.8%
12.9%
Q1 25
26.9%
14.2%
Q4 24
30.4%
13.6%
Q3 24
34.6%
13.1%
Q2 24
29.3%
13.0%
Q1 24
28.4%
12.6%
Operating Margin
EPAM
EPAM
SCSC
SCSC
Q4 25
10.6%
2.3%
Q3 25
10.4%
3.5%
Q2 25
9.3%
3.3%
Q1 25
7.6%
3.2%
Q4 24
10.9%
2.5%
Q3 24
15.2%
2.3%
Q2 24
10.5%
2.9%
Q1 24
9.5%
2.3%
Net Margin
EPAM
EPAM
SCSC
SCSC
Q4 25
7.8%
2.2%
Q3 25
7.7%
2.7%
Q2 25
6.5%
2.5%
Q1 25
5.6%
2.5%
Q4 24
8.3%
2.3%
Q3 24
11.7%
2.2%
Q2 24
8.6%
2.2%
Q1 24
10.0%
1.7%
EPS (diluted)
EPAM
EPAM
SCSC
SCSC
Q4 25
$1.97
$0.75
Q3 25
$1.91
$0.89
Q2 25
$1.56
$0.87
Q1 25
$1.28
$0.74
Q4 24
$1.80
$0.70
Q3 24
$2.37
$0.69
Q2 24
$1.70
$0.66
Q1 24
$1.97
$0.50

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EPAM
EPAM
SCSC
SCSC
Cash + ST InvestmentsLiquidity on hand
$1.3B
$83.5M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.7B
$910.9M
Total Assets
$4.9B
$1.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EPAM
EPAM
SCSC
SCSC
Q4 25
$1.3B
$83.5M
Q3 25
$1.2B
$124.9M
Q2 25
$1.0B
$126.2M
Q1 25
$1.2B
$146.3M
Q4 24
$1.3B
$110.5M
Q3 24
$2.1B
$145.0M
Q2 24
$1.8B
$185.5M
Q1 24
$2.0B
$159.1M
Stockholders' Equity
EPAM
EPAM
SCSC
SCSC
Q4 25
$3.7B
$910.9M
Q3 25
$3.7B
$914.0M
Q2 25
$3.7B
$906.4M
Q1 25
$3.6B
$901.7M
Q4 24
$3.6B
$900.7M
Q3 24
$3.6B
$920.9M
Q2 24
$3.4B
$924.3M
Q1 24
$3.5B
$944.1M
Total Assets
EPAM
EPAM
SCSC
SCSC
Q4 25
$4.9B
$1.7B
Q3 25
$4.8B
$1.7B
Q2 25
$4.7B
$1.8B
Q1 25
$4.7B
$1.7B
Q4 24
$4.8B
$1.7B
Q3 24
$4.5B
$1.8B
Q2 24
$4.2B
$1.8B
Q1 24
$4.4B
$1.8B

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
SCSC
SCSC
Operating Cash FlowLast quarter
$282.9M
$30.8M
Free Cash FlowOCF − Capex
$268.1M
$28.9M
FCF MarginFCF / Revenue
19.0%
3.8%
Capex IntensityCapex / Revenue
1.1%
0.3%
Cash ConversionOCF / Net Profit
2.59×
1.87×
TTM Free Cash FlowTrailing 4 quarters
$612.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EPAM
EPAM
SCSC
SCSC
Q4 25
$282.9M
$30.8M
Q3 25
$294.7M
$23.2M
Q2 25
$53.2M
Q1 25
$24.2M
$66.1M
Q4 24
$130.3M
$-6.2M
Q3 24
$242.0M
$44.8M
Q2 24
$57.0M
Q1 24
$129.9M
$160.2M
Free Cash Flow
EPAM
EPAM
SCSC
SCSC
Q4 25
$268.1M
$28.9M
Q3 25
$286.4M
$20.8M
Q2 25
$43.4M
Q1 25
$14.8M
$64.6M
Q4 24
$114.5M
$-8.2M
Q3 24
$237.0M
$42.5M
Q2 24
$52.3M
Q1 24
$123.2M
$157.7M
FCF Margin
EPAM
EPAM
SCSC
SCSC
Q4 25
19.0%
3.8%
Q3 25
20.5%
2.8%
Q2 25
3.2%
Q1 25
1.1%
9.2%
Q4 24
9.2%
-1.1%
Q3 24
20.3%
5.5%
Q2 24
4.6%
Q1 24
10.6%
21.0%
Capex Intensity
EPAM
EPAM
SCSC
SCSC
Q4 25
1.1%
0.3%
Q3 25
0.6%
0.3%
Q2 25
0.7%
0.3%
Q1 25
0.7%
0.2%
Q4 24
1.3%
0.3%
Q3 24
0.4%
0.3%
Q2 24
0.4%
0.2%
Q1 24
0.6%
0.3%
Cash Conversion
EPAM
EPAM
SCSC
SCSC
Q4 25
2.59×
1.87×
Q3 25
2.76×
1.17×
Q2 25
0.60×
Q1 25
0.33×
3.79×
Q4 24
1.26×
-0.36×
Q3 24
1.77×
2.64×
Q2 24
0.58×
Q1 24
1.12×
12.51×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EPAM
EPAM

Segment breakdown not available.

SCSC
SCSC

Products And Services$723.4M94%
Intelisys Advisory$25.0M3%
Recurring Revenue$18.2M2%

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