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Side-by-side financial comparison of EPAM Systems (EPAM) and SEALED AIR CORP (SEE). Click either name above to swap in a different company.
EPAM Systems is the larger business by last-quarter revenue ($1.4B vs $1.4B, roughly 1.0× SEALED AIR CORP). EPAM Systems runs the higher net margin — 7.8% vs 3.1%, a 4.6% gap on every dollar of revenue. On growth, EPAM Systems posted the faster year-over-year revenue change (12.8% vs 2.6%). EPAM Systems produced more free cash flow last quarter ($268.1M vs $257.7M). Over the past eight quarters, EPAM Systems's revenue compounded faster (9.9% CAGR vs 2.7%).
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.
Sealed Air Corporation is a global provider of innovative packaging and protective solutions. Its core offerings include cushioning materials, food safety and preservation packaging, and sustainable waste-reducing packaging systems, serving retail, e-commerce, food and beverage, and industrial manufacturing markets worldwide.
EPAM vs SEE — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $1.4B |
| Net Profit | $109.4M | $43.8M |
| Gross Margin | 30.1% | 28.6% |
| Operating Margin | 10.6% | 11.4% |
| Net Margin | 7.8% | 3.1% |
| Revenue YoY | 12.8% | 2.6% |
| Net Profit YoY | 5.9% | 700.0% |
| EPS (diluted) | $1.97 | $0.30 |
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 | $1.4B | ||
| Q3 25 | $1.4B | $1.3B | ||
| Q2 25 | $1.4B | $1.3B | ||
| Q1 25 | $1.3B | $1.3B | ||
| Q4 24 | $1.2B | $1.4B | ||
| Q3 24 | $1.2B | $1.3B | ||
| Q2 24 | $1.1B | $1.3B | ||
| Q1 24 | $1.2B | $1.3B |
| Q4 25 | $109.4M | $43.8M | ||
| Q3 25 | $106.8M | $255.1M | ||
| Q2 25 | $88.0M | $93.1M | ||
| Q1 25 | $73.5M | $113.5M | ||
| Q4 24 | $103.3M | $-7.3M | ||
| Q3 24 | $136.3M | $91.7M | ||
| Q2 24 | $98.6M | $98.3M | ||
| Q1 24 | $116.2M | $82.0M |
| Q4 25 | 30.1% | 28.6% | ||
| Q3 25 | 29.5% | 29.8% | ||
| Q2 25 | 28.8% | 30.7% | ||
| Q1 25 | 26.9% | 30.9% | ||
| Q4 24 | 30.4% | 30.0% | ||
| Q3 24 | 34.6% | 30.1% | ||
| Q2 24 | 29.3% | 31.2% | ||
| Q1 24 | 28.4% | 30.3% |
| Q4 25 | 10.6% | 11.4% | ||
| Q3 25 | 10.4% | 13.8% | ||
| Q2 25 | 9.3% | 15.0% | ||
| Q1 25 | 7.6% | 14.5% | ||
| Q4 24 | 10.9% | 11.7% | ||
| Q3 24 | 15.2% | 13.9% | ||
| Q2 24 | 10.5% | 15.4% | ||
| Q1 24 | 9.5% | 14.0% |
| Q4 25 | 7.8% | 3.1% | ||
| Q3 25 | 7.7% | 19.0% | ||
| Q2 25 | 6.5% | 7.0% | ||
| Q1 25 | 5.6% | 9.0% | ||
| Q4 24 | 8.3% | -0.5% | ||
| Q3 24 | 11.7% | 6.9% | ||
| Q2 24 | 8.6% | 7.4% | ||
| Q1 24 | 10.0% | 6.2% |
| Q4 25 | $1.97 | $0.30 | ||
| Q3 25 | $1.91 | $1.73 | ||
| Q2 25 | $1.56 | $0.63 | ||
| Q1 25 | $1.28 | $0.77 | ||
| Q4 24 | $1.80 | $-0.05 | ||
| Q3 24 | $2.37 | $0.63 | ||
| Q2 24 | $1.70 | $0.67 | ||
| Q1 24 | $1.97 | $0.56 |
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 | $344.0M |
| Total DebtLower is stronger | — | $3.3B |
| Stockholders' EquityBook value | $3.7B | $1.2B |
| Total Assets | $4.9B | $7.0B |
| Debt / EquityLower = less leverage | — | 2.65× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.3B | $344.0M | ||
| Q3 25 | $1.2B | $282.5M | ||
| Q2 25 | $1.0B | $354.4M | ||
| Q1 25 | $1.2B | $335.2M | ||
| Q4 24 | $1.3B | $371.8M | ||
| Q3 24 | $2.1B | $386.0M | ||
| Q2 24 | $1.8B | $388.6M | ||
| Q1 24 | $2.0B | $352.8M |
| Q4 25 | — | $3.3B | ||
| Q3 25 | — | $4.0B | ||
| Q2 25 | — | $4.0B | ||
| Q1 25 | — | $4.2B | ||
| Q4 24 | — | $4.2B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $4.4B | ||
| Q1 24 | — | $4.5B |
| Q4 25 | $3.7B | $1.2B | ||
| Q3 25 | $3.7B | $1.2B | ||
| Q2 25 | $3.7B | $953.1M | ||
| Q1 25 | $3.6B | $797.9M | ||
| Q4 24 | $3.6B | $624.5M | ||
| Q3 24 | $3.6B | $771.2M | ||
| Q2 24 | $3.4B | $650.1M | ||
| Q1 24 | $3.5B | $598.3M |
| Q4 25 | $4.9B | $7.0B | ||
| Q3 25 | $4.8B | $7.1B | ||
| Q2 25 | $4.7B | $7.2B | ||
| Q1 25 | $4.7B | $7.0B | ||
| Q4 24 | $4.8B | $7.0B | ||
| Q3 24 | $4.5B | $7.3B | ||
| Q2 24 | $4.2B | $7.3B | ||
| Q1 24 | $4.4B | $7.2B |
| Q4 25 | — | 2.65× | ||
| Q3 25 | — | 3.34× | ||
| Q2 25 | — | 4.18× | ||
| Q1 25 | — | 5.26× | ||
| Q4 24 | — | 6.72× | ||
| Q3 24 | — | 5.62× | ||
| Q2 24 | — | 6.81× | ||
| Q1 24 | — | 7.49× |
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 | $293.6M |
| Free Cash FlowOCF − Capex | $268.1M | $257.7M |
| FCF MarginFCF / Revenue | 19.0% | 18.5% |
| Capex IntensityCapex / Revenue | 1.1% | 2.6% |
| Cash ConversionOCF / Net Profit | 2.59× | 6.70× |
| TTM Free Cash FlowTrailing 4 quarters | $612.7M | $458.5M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $282.9M | $293.6M | ||
| Q3 25 | $294.7M | $165.9M | ||
| Q2 25 | $53.2M | $136.6M | ||
| Q1 25 | $24.2M | $31.9M | ||
| Q4 24 | $130.3M | $244.2M | ||
| Q3 24 | $242.0M | $170.5M | ||
| Q2 24 | $57.0M | $188.2M | ||
| Q1 24 | $129.9M | $125.1M |
| Q4 25 | $268.1M | $257.7M | ||
| Q3 25 | $286.4M | $119.6M | ||
| Q2 25 | $43.4M | $93.2M | ||
| Q1 25 | $14.8M | $-12.0M | ||
| Q4 24 | $114.5M | $185.1M | ||
| Q3 24 | $237.0M | $115.2M | ||
| Q2 24 | $52.3M | $129.5M | ||
| Q1 24 | $123.2M | $78.0M |
| Q4 25 | 19.0% | 18.5% | ||
| Q3 25 | 20.5% | 8.9% | ||
| Q2 25 | 3.2% | 7.0% | ||
| Q1 25 | 1.1% | -0.9% | ||
| Q4 24 | 9.2% | 13.6% | ||
| Q3 24 | 20.3% | 8.6% | ||
| Q2 24 | 4.6% | 9.7% | ||
| Q1 24 | 10.6% | 5.9% |
| Q4 25 | 1.1% | 2.6% | ||
| Q3 25 | 0.6% | 3.4% | ||
| Q2 25 | 0.7% | 3.3% | ||
| Q1 25 | 0.7% | 3.5% | ||
| Q4 24 | 1.3% | 4.4% | ||
| Q3 24 | 0.4% | 4.1% | ||
| Q2 24 | 0.4% | 4.4% | ||
| Q1 24 | 0.6% | 3.6% |
| Q4 25 | 2.59× | 6.70× | ||
| Q3 25 | 2.76× | 0.65× | ||
| Q2 25 | 0.60× | 1.47× | ||
| Q1 25 | 0.33× | 0.28× | ||
| Q4 24 | 1.26× | — | ||
| Q3 24 | 1.77× | 1.86× | ||
| Q2 24 | 0.58× | 1.91× | ||
| Q1 24 | 1.12× | 1.53× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EPAM
Segment breakdown not available.
SEE
| Protective Segment | $1.1B | 78% |
| Other | $292.0M | 21% |
| Pension Plans Defined Benefit | $7.9M | 1% |
