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Side-by-side financial comparison of EPAM Systems (EPAM) and SONOCO PRODUCTS CO (SON). Click either name above to swap in a different company.

SONOCO PRODUCTS CO 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 4.1%, a 3.7% gap on every dollar of revenue. On growth, EPAM Systems posted the faster year-over-year revenue change (12.8% vs -1.9%). EPAM Systems produced more free cash flow last quarter ($268.1M vs $-428.3B). Over the past eight quarters, EPAM Systems's revenue compounded faster (9.9% CAGR vs 1.2%).

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.

Sonoco Products Company is an American provider of diversified consumer packaging, industrial products, protective packaging, and packaging supply chain services and the world's largest producer of composite cans, tubes, and cores. The company was founded in 1889 as Southern Novelty Company with annualized net sales of approximately $7.3 billion. Sonoco has 19,900 employees in more than 335 operations in 33 countries, serving more than 85 nations. The company is headquartered in Hartsville, S...

EPAM vs SON — Head-to-Head

Bigger by revenue
SON
SON
1.2× larger
SON
$1.7B
$1.4B
EPAM
Growing faster (revenue YoY)
EPAM
EPAM
+14.7% gap
EPAM
12.8%
-1.9%
SON
Higher net margin
EPAM
EPAM
3.7% more per $
EPAM
7.8%
4.1%
SON
More free cash flow
EPAM
EPAM
$428.6B more FCF
EPAM
$268.1M
$-428.3B
SON
Faster 2-yr revenue CAGR
EPAM
EPAM
Annualised
EPAM
9.9%
1.2%
SON

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EPAM
EPAM
SON
SON
Revenue
$1.4B
$1.7B
Net Profit
$109.4M
$68.0M
Gross Margin
30.1%
20.6%
Operating Margin
10.6%
7.6%
Net Margin
7.8%
4.1%
Revenue YoY
12.8%
-1.9%
Net Profit YoY
5.9%
25.9%
EPS (diluted)
$1.97
$0.68

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
SON
SON
Q1 26
$1.7B
Q4 25
$1.4B
$1.8B
Q3 25
$1.4B
$2.1B
Q2 25
$1.4B
$1.9B
Q1 25
$1.3B
$1.7B
Q4 24
$1.2B
Q3 24
$1.2B
$1.7B
Q2 24
$1.1B
$1.6B
Net Profit
EPAM
EPAM
SON
SON
Q1 26
$68.0M
Q4 25
$109.4M
$332.2M
Q3 25
$106.8M
$122.9M
Q2 25
$88.0M
$493.4M
Q1 25
$73.5M
$54.4M
Q4 24
$103.3M
Q3 24
$136.3M
$50.9M
Q2 24
$98.6M
$90.8M
Gross Margin
EPAM
EPAM
SON
SON
Q1 26
20.6%
Q4 25
30.1%
19.6%
Q3 25
29.5%
21.9%
Q2 25
28.8%
21.3%
Q1 25
26.9%
20.7%
Q4 24
30.4%
Q3 24
34.6%
21.4%
Q2 24
29.3%
22.0%
Operating Margin
EPAM
EPAM
SON
SON
Q1 26
7.6%
Q4 25
10.6%
29.4%
Q3 25
10.4%
9.1%
Q2 25
9.3%
9.2%
Q1 25
7.6%
7.4%
Q4 24
10.9%
Q3 24
15.2%
7.6%
Q2 24
10.5%
8.6%
Net Margin
EPAM
EPAM
SON
SON
Q1 26
4.1%
Q4 25
7.8%
18.8%
Q3 25
7.7%
5.8%
Q2 25
6.5%
25.8%
Q1 25
5.6%
3.2%
Q4 24
8.3%
Q3 24
11.7%
3.0%
Q2 24
8.6%
5.6%
EPS (diluted)
EPAM
EPAM
SON
SON
Q1 26
$0.68
Q4 25
$1.97
$3.33
Q3 25
$1.91
$1.23
Q2 25
$1.56
$4.96
Q1 25
$1.28
$0.55
Q4 24
$1.80
Q3 24
$2.37
$0.51
Q2 24
$1.70
$0.92

Balance Sheet & Financial Strength

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

Metric
EPAM
EPAM
SON
SON
Cash + ST InvestmentsLiquidity on hand
$1.3B
$224.5M
Total DebtLower is stronger
$3.5B
Stockholders' EquityBook value
$3.7B
$3.6B
Total Assets
$4.9B
$11.1B
Debt / EquityLower = less leverage
0.97×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EPAM
EPAM
SON
SON
Q1 26
$224.5M
Q4 25
$1.3B
$378.4M
Q3 25
$1.2B
$244.9M
Q2 25
$1.0B
$329.8M
Q1 25
$1.2B
$181.8M
Q4 24
$1.3B
Q3 24
$2.1B
$1.9B
Q2 24
$1.8B
$140.2M
Total Debt
EPAM
EPAM
SON
SON
Q1 26
$3.5B
Q4 25
$3.8B
Q3 25
$3.8B
Q2 25
$5.0B
Q1 25
$5.0B
Q4 24
Q3 24
$4.3B
Q2 24
$2.5B
Stockholders' Equity
EPAM
EPAM
SON
SON
Q1 26
$3.6B
Q4 25
$3.7B
$3.6B
Q3 25
$3.7B
$3.3B
Q2 25
$3.7B
$3.2B
Q1 25
$3.6B
$2.4B
Q4 24
$3.6B
Q3 24
$3.6B
$2.5B
Q2 24
$3.4B
$2.4B
Total Assets
EPAM
EPAM
SON
SON
Q1 26
$11.1B
Q4 25
$4.9B
$11.2B
Q3 25
$4.8B
$11.7B
Q2 25
$4.7B
$12.0B
Q1 25
$4.7B
$12.7B
Q4 24
$4.8B
Q3 24
$4.5B
$9.0B
Q2 24
$4.2B
$7.2B
Debt / Equity
EPAM
EPAM
SON
SON
Q1 26
0.97×
Q4 25
1.05×
Q3 25
1.15×
Q2 25
1.54×
Q1 25
2.03×
Q4 24
Q3 24
1.74×
Q2 24
1.04×

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
SON
SON
Operating Cash FlowLast quarter
$282.9M
Free Cash FlowOCF − Capex
$268.1M
$-428.3B
FCF MarginFCF / Revenue
19.0%
-25547.4%
Capex IntensityCapex / Revenue
1.1%
3600.5%
Cash ConversionOCF / Net Profit
2.59×
TTM Free Cash FlowTrailing 4 quarters
$612.7M
$-427.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EPAM
EPAM
SON
SON
Q1 26
Q4 25
$282.9M
$412.9M
Q3 25
$294.7M
$291.5M
Q2 25
$53.2M
$193.4M
Q1 25
$24.2M
$-208.1M
Q4 24
$130.3M
Q3 24
$242.0M
$162.1M
Q2 24
$57.0M
$109.3M
Free Cash Flow
EPAM
EPAM
SON
SON
Q1 26
$-428.3B
Q4 25
$268.1M
$322.3M
Q3 25
$286.4M
$225.6M
Q2 25
$43.4M
$98.6M
Q1 25
$14.8M
$-300.8M
Q4 24
$114.5M
Q3 24
$237.0M
$70.5M
Q2 24
$52.3M
$16.0M
FCF Margin
EPAM
EPAM
SON
SON
Q1 26
-25547.4%
Q4 25
19.0%
18.2%
Q3 25
20.5%
10.6%
Q2 25
3.2%
5.2%
Q1 25
1.1%
-17.6%
Q4 24
9.2%
Q3 24
20.3%
4.2%
Q2 24
4.6%
1.0%
Capex Intensity
EPAM
EPAM
SON
SON
Q1 26
3600.5%
Q4 25
1.1%
5.1%
Q3 25
0.6%
3.1%
Q2 25
0.7%
5.0%
Q1 25
0.7%
5.4%
Q4 24
1.3%
Q3 24
0.4%
5.5%
Q2 24
0.4%
5.7%
Cash Conversion
EPAM
EPAM
SON
SON
Q1 26
Q4 25
2.59×
1.24×
Q3 25
2.76×
2.37×
Q2 25
0.60×
0.39×
Q1 25
0.33×
-3.82×
Q4 24
1.26×
Q3 24
1.77×
3.18×
Q2 24
0.58×
1.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EPAM
EPAM

Segment breakdown not available.

SON
SON

Consumer Packaging$1.1B65%
Industrial Paper Packaging$587.5M35%
All Other$55.1M3%

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