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Side-by-side financial comparison of EPAM Systems (EPAM) and Vontier Corp (VNT). Click either name above to swap in a different company.
EPAM Systems is the larger business by last-quarter revenue ($1.4B vs $808.5M, roughly 1.7× Vontier Corp). Vontier Corp runs the higher net margin — 15.3% vs 7.8%, a 7.5% gap on every dollar of revenue. On growth, EPAM Systems posted the faster year-over-year revenue change (12.8% vs 4.1%). EPAM Systems produced more free cash flow last quarter ($268.1M vs $174.8M). Over the past eight quarters, EPAM Systems's revenue compounded faster (9.9% CAGR vs 3.4%).
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.
Vontier Corporation is an industrial manufacturing company headquartered in Raleigh, North Carolina. It owns the brands Gilbarco Veeder-Root, Matco Tools and Teletrac Navman, including subsidiaries Hennessy Industries, Gasboy, and Global Traffic Technologies (GTT).
EPAM vs VNT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $808.5M |
| Net Profit | $109.4M | $123.5M |
| Gross Margin | 30.1% | — |
| Operating Margin | 10.6% | 18.9% |
| Net Margin | 7.8% | 15.3% |
| Revenue YoY | 12.8% | 4.1% |
| Net Profit YoY | 5.9% | 0.0% |
| EPS (diluted) | $1.97 | $0.85 |
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 | $808.5M | ||
| Q3 25 | $1.4B | $752.5M | ||
| Q2 25 | $1.4B | $773.5M | ||
| Q1 25 | $1.3B | $741.1M | ||
| Q4 24 | $1.2B | $776.8M | ||
| Q3 24 | $1.2B | $750.0M | ||
| Q2 24 | $1.1B | $696.4M | ||
| Q1 24 | $1.2B | $755.8M |
| Q4 25 | $109.4M | $123.5M | ||
| Q3 25 | $106.8M | $102.8M | ||
| Q2 25 | $88.0M | $91.9M | ||
| Q1 25 | $73.5M | $87.9M | ||
| Q4 24 | $103.3M | $123.5M | ||
| Q3 24 | $136.3M | $91.8M | ||
| Q2 24 | $98.6M | $70.1M | ||
| Q1 24 | $116.2M | $136.8M |
| Q4 25 | 30.1% | — | ||
| Q3 25 | 29.5% | 47.3% | ||
| Q2 25 | 28.8% | 47.9% | ||
| Q1 25 | 26.9% | 47.3% | ||
| Q4 24 | 30.4% | — | ||
| Q3 24 | 34.6% | 47.2% | ||
| Q2 24 | 29.3% | 48.2% | ||
| Q1 24 | 28.4% | 49.2% |
| Q4 25 | 10.6% | 18.9% | ||
| Q3 25 | 10.4% | 18.9% | ||
| Q2 25 | 9.3% | 17.6% | ||
| Q1 25 | 7.6% | 17.6% | ||
| Q4 24 | 10.9% | 19.2% | ||
| Q3 24 | 15.2% | 17.5% | ||
| Q2 24 | 10.5% | 16.4% | ||
| Q1 24 | 9.5% | 18.8% |
| Q4 25 | 7.8% | 15.3% | ||
| Q3 25 | 7.7% | 13.7% | ||
| Q2 25 | 6.5% | 11.9% | ||
| Q1 25 | 5.6% | 11.9% | ||
| Q4 24 | 8.3% | 15.9% | ||
| Q3 24 | 11.7% | 12.2% | ||
| Q2 24 | 8.6% | 10.1% | ||
| Q1 24 | 10.0% | 18.1% |
| Q4 25 | $1.97 | $0.85 | ||
| Q3 25 | $1.91 | $0.70 | ||
| Q2 25 | $1.56 | $0.62 | ||
| Q1 25 | $1.28 | $0.59 | ||
| Q4 24 | $1.80 | $0.82 | ||
| Q3 24 | $2.37 | $0.60 | ||
| Q2 24 | $1.70 | $0.45 | ||
| Q1 24 | $1.97 | $0.88 |
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 | $492.2M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $3.7B | $1.2B |
| Total Assets | $4.9B | $4.4B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.3B | $492.2M | ||
| Q3 25 | $1.2B | $433.8M | ||
| Q2 25 | $1.0B | $364.2M | ||
| Q1 25 | $1.2B | $333.6M | ||
| Q4 24 | $1.3B | $356.4M | ||
| Q3 24 | $2.1B | $330.9M | ||
| Q2 24 | $1.8B | $331.3M | ||
| Q1 24 | $2.0B | $406.0M |
| Q4 25 | $3.7B | $1.2B | ||
| Q3 25 | $3.7B | $1.2B | ||
| Q2 25 | $3.7B | $1.2B | ||
| Q1 25 | $3.6B | $1.1B | ||
| Q4 24 | $3.6B | $1.1B | ||
| Q3 24 | $3.6B | $1.0B | ||
| Q2 24 | $3.4B | $1.0B | ||
| Q1 24 | $3.5B | $984.9M |
| Q4 25 | $4.9B | $4.4B | ||
| Q3 25 | $4.8B | $4.4B | ||
| Q2 25 | $4.7B | $4.4B | ||
| Q1 25 | $4.7B | $4.3B | ||
| Q4 24 | $4.8B | $4.3B | ||
| Q3 24 | $4.5B | $4.3B | ||
| Q2 24 | $4.2B | $4.2B | ||
| Q1 24 | $4.4B | $4.3B |
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 | $190.1M |
| Free Cash FlowOCF − Capex | $268.1M | $174.8M |
| FCF MarginFCF / Revenue | 19.0% | 21.6% |
| Capex IntensityCapex / Revenue | 1.1% | 1.9% |
| Cash ConversionOCF / Net Profit | 2.59× | 1.54× |
| TTM Free Cash FlowTrailing 4 quarters | $612.7M | $441.1M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $282.9M | $190.1M | ||
| Q3 25 | $294.7M | $110.5M | ||
| Q2 25 | $53.2M | $100.0M | ||
| Q1 25 | $24.2M | $110.4M | ||
| Q4 24 | $130.3M | $168.1M | ||
| Q3 24 | $242.0M | $121.8M | ||
| Q2 24 | $57.0M | $46.1M | ||
| Q1 24 | $129.9M | $91.5M |
| Q4 25 | $268.1M | $174.8M | ||
| Q3 25 | $286.4M | $90.3M | ||
| Q2 25 | $43.4M | $83.3M | ||
| Q1 25 | $14.8M | $92.7M | ||
| Q4 24 | $114.5M | $148.0M | ||
| Q3 24 | $237.0M | $103.2M | ||
| Q2 24 | $52.3M | $22.3M | ||
| Q1 24 | $123.2M | $71.3M |
| Q4 25 | 19.0% | 21.6% | ||
| Q3 25 | 20.5% | 12.0% | ||
| Q2 25 | 3.2% | 10.8% | ||
| Q1 25 | 1.1% | 12.5% | ||
| Q4 24 | 9.2% | 19.1% | ||
| Q3 24 | 20.3% | 13.8% | ||
| Q2 24 | 4.6% | 3.2% | ||
| Q1 24 | 10.6% | 9.4% |
| Q4 25 | 1.1% | 1.9% | ||
| Q3 25 | 0.6% | 2.7% | ||
| Q2 25 | 0.7% | 2.2% | ||
| Q1 25 | 0.7% | 2.4% | ||
| Q4 24 | 1.3% | 2.6% | ||
| Q3 24 | 0.4% | 2.5% | ||
| Q2 24 | 0.4% | 3.4% | ||
| Q1 24 | 0.6% | 2.7% |
| Q4 25 | 2.59× | 1.54× | ||
| Q3 25 | 2.76× | 1.07× | ||
| Q2 25 | 0.60× | 1.09× | ||
| Q1 25 | 0.33× | 1.26× | ||
| Q4 24 | 1.26× | 1.36× | ||
| Q3 24 | 1.77× | 1.33× | ||
| Q2 24 | 0.58× | 0.66× | ||
| Q1 24 | 1.12× | 0.67× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EPAM
Segment breakdown not available.
VNT
| Environmental Fueling Solutions Segment | $387.5M | 48% |
| Services | $191.0M | 24% |
| Repair Solutions Segment | $144.5M | 18% |
| Other | $85.5M | 11% |
