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Side-by-side financial comparison of EPAM Systems (EPAM) and WEBSTER FINANCIAL CORP (WBS). Click either name above to swap in a different company.
EPAM Systems is the larger business by last-quarter revenue ($1.4B vs $735.9M, roughly 1.9× WEBSTER FINANCIAL CORP). WEBSTER FINANCIAL CORP runs the higher net margin — 33.5% vs 7.8%, a 25.7% gap on every dollar of revenue. Over the past eight quarters, EPAM Systems's revenue compounded faster (9.9% CAGR vs 9.4%).
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.
Webster Bank is an American commercial bank based in Stamford, Connecticut. It has 177 branches and 316 ATMs located in Connecticut; Massachusetts; Rhode Island; New Jersey; Westchester, Orange, Ulster, and Rockland counties in New York as well as New York City.
EPAM vs WBS — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.4B | $735.9M |
| Net Profit | $109.4M | $246.2M |
| Gross Margin | 30.1% | — |
| Operating Margin | 10.6% | — |
| Net Margin | 7.8% | 33.5% |
| Revenue YoY | 12.8% | — |
| Net Profit YoY | 5.9% | 8.5% |
| EPS (diluted) | $1.97 | $1.50 |
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.
| Q1 26 | — | $735.9M | ||
| Q4 25 | $1.4B | $746.2M | ||
| Q3 25 | $1.4B | $732.6M | ||
| Q2 25 | $1.4B | $715.8M | ||
| Q1 25 | $1.3B | $704.8M | ||
| Q4 24 | $1.2B | $661.0M | ||
| Q3 24 | $1.2B | $647.6M | ||
| Q2 24 | $1.1B | $614.6M |
| Q1 26 | — | $246.2M | ||
| Q4 25 | $109.4M | $255.8M | ||
| Q3 25 | $106.8M | $261.2M | ||
| Q2 25 | $88.0M | $258.8M | ||
| Q1 25 | $73.5M | $226.9M | ||
| Q4 24 | $103.3M | $177.8M | ||
| Q3 24 | $136.3M | $193.0M | ||
| Q2 24 | $98.6M | $181.6M |
| Q1 26 | — | — | ||
| Q4 25 | 30.1% | — | ||
| Q3 25 | 29.5% | — | ||
| Q2 25 | 28.8% | — | ||
| Q1 25 | 26.9% | — | ||
| Q4 24 | 30.4% | — | ||
| Q3 24 | 34.6% | — | ||
| Q2 24 | 29.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | 10.6% | 48.6% | ||
| Q3 25 | 10.4% | 51.3% | ||
| Q2 25 | 9.3% | 51.7% | ||
| Q1 25 | 7.6% | 51.2% | ||
| Q4 24 | 10.9% | 48.5% | ||
| Q3 24 | 15.2% | 46.1% | ||
| Q2 24 | 10.5% | 47.0% |
| Q1 26 | — | 33.5% | ||
| Q4 25 | 7.8% | 34.3% | ||
| Q3 25 | 7.7% | 35.7% | ||
| Q2 25 | 6.5% | 36.2% | ||
| Q1 25 | 5.6% | 32.2% | ||
| Q4 24 | 8.3% | 26.9% | ||
| Q3 24 | 11.7% | 29.8% | ||
| Q2 24 | 8.6% | 29.6% |
| Q1 26 | — | $1.50 | ||
| Q4 25 | $1.97 | $1.54 | ||
| Q3 25 | $1.91 | $1.54 | ||
| Q2 25 | $1.56 | $1.52 | ||
| Q1 25 | $1.28 | $1.30 | ||
| Q4 24 | $1.80 | $1.01 | ||
| Q3 24 | $2.37 | $1.10 | ||
| Q2 24 | $1.70 | $1.03 |
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 | — |
| Total DebtLower is stronger | — | $738.3M |
| Stockholders' EquityBook value | $3.7B | $9.6B |
| Total Assets | $4.9B | $85.6B |
| Debt / EquityLower = less leverage | — | 0.08× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.2B | — | ||
| Q2 25 | $1.0B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.3B | — | ||
| Q3 24 | $2.1B | — | ||
| Q2 24 | $1.8B | — |
| Q1 26 | — | $738.3M | ||
| Q4 25 | — | $739.5M | ||
| Q3 25 | — | $1.2B | ||
| Q2 25 | — | $905.6M | ||
| Q1 25 | — | $907.4M | ||
| Q4 24 | — | $909.2M | ||
| Q3 24 | — | $911.0M | ||
| Q2 24 | — | $912.7M |
| Q1 26 | — | $9.6B | ||
| Q4 25 | $3.7B | $9.5B | ||
| Q3 25 | $3.7B | $9.5B | ||
| Q2 25 | $3.7B | $9.3B | ||
| Q1 25 | $3.6B | $9.2B | ||
| Q4 24 | $3.6B | $9.1B | ||
| Q3 24 | $3.6B | $9.2B | ||
| Q2 24 | $3.4B | $8.8B |
| Q1 26 | — | $85.6B | ||
| Q4 25 | $4.9B | $84.1B | ||
| Q3 25 | $4.8B | $83.2B | ||
| Q2 25 | $4.7B | $81.9B | ||
| Q1 25 | $4.7B | $80.3B | ||
| Q4 24 | $4.8B | $79.0B | ||
| Q3 24 | $4.5B | $79.5B | ||
| Q2 24 | $4.2B | $76.8B |
| Q1 26 | — | 0.08× | ||
| Q4 25 | — | 0.08× | ||
| Q3 25 | — | 0.13× | ||
| Q2 25 | — | 0.10× | ||
| Q1 25 | — | 0.10× | ||
| Q4 24 | — | 0.10× | ||
| Q3 24 | — | 0.10× | ||
| Q2 24 | — | 0.10× |
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 | — |
| Free Cash FlowOCF − Capex | $268.1M | — |
| FCF MarginFCF / Revenue | 19.0% | — |
| Capex IntensityCapex / Revenue | 1.1% | — |
| Cash ConversionOCF / Net Profit | 2.59× | — |
| TTM Free Cash FlowTrailing 4 quarters | $612.7M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $282.9M | $1.1B | ||
| Q3 25 | $294.7M | $374.7M | ||
| Q2 25 | $53.2M | $270.9M | ||
| Q1 25 | $24.2M | $94.9M | ||
| Q4 24 | $130.3M | $1.4B | ||
| Q3 24 | $242.0M | $45.3M | ||
| Q2 24 | $57.0M | $224.0M |
| Q1 26 | — | — | ||
| Q4 25 | $268.1M | $1.0B | ||
| Q3 25 | $286.4M | $362.5M | ||
| Q2 25 | $43.4M | $257.7M | ||
| Q1 25 | $14.8M | $86.6M | ||
| Q4 24 | $114.5M | $1.4B | ||
| Q3 24 | $237.0M | $35.3M | ||
| Q2 24 | $52.3M | $215.6M |
| Q1 26 | — | — | ||
| Q4 25 | 19.0% | 135.2% | ||
| Q3 25 | 20.5% | 49.5% | ||
| Q2 25 | 3.2% | 36.0% | ||
| Q1 25 | 1.1% | 12.3% | ||
| Q4 24 | 9.2% | 207.0% | ||
| Q3 24 | 20.3% | 5.4% | ||
| Q2 24 | 4.6% | 35.1% |
| Q1 26 | — | — | ||
| Q4 25 | 1.1% | 6.6% | ||
| Q3 25 | 0.6% | 1.7% | ||
| Q2 25 | 0.7% | 1.8% | ||
| Q1 25 | 0.7% | 1.2% | ||
| Q4 24 | 1.3% | 5.4% | ||
| Q3 24 | 0.4% | 1.5% | ||
| Q2 24 | 0.4% | 1.4% |
| Q1 26 | — | — | ||
| Q4 25 | 2.59× | 4.14× | ||
| Q3 25 | 2.76× | 1.43× | ||
| Q2 25 | 0.60× | 1.05× | ||
| Q1 25 | 0.33× | 0.42× | ||
| Q4 24 | 1.26× | 7.90× | ||
| Q3 24 | 1.77× | 0.23× | ||
| Q2 24 | 0.58× | 1.23× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EPAM
Segment breakdown not available.
WBS
| Net Interest Income | $634.4M | 86% |
| Noninterest Income | $101.5M | 14% |
