EPAM vs PERI
Epam Systems, Inc. and Perion Network Ltd., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | EPAM | PERI |
|---|---|---|
| Revenue | $5.5B | $439.9M |
| Net income | $377.7M | $-7.9M |
| Gross margin | 28.8% | · |
| Net margin | 6.9% | −1.8% |
| Return on equity | 10.3% | −1.1% |
| Diluted EPS | $6.72 | −$0.19 |
| Dividend / share | · | · |
| Payout ratio | · | · |
| Free cash flow | $612.7M | $38.1M |
| Equity | $3.7B | $676.0M |
| Net debt / equity | −0.35× | · |
| Current ratio | 2.59× | 2.76× |
| Revenue CAGR 5y | 15.5% | 6.0% |
| Profit CAGR 5y | 2.9% | · |
EPAM bills 12.4× the revenue of PERI, and PERI closed the last reported year at a loss.
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | EPAM | PERI |
|---|---|---|
| FY2025 | $5.5B | $439.9M |
| FY2024 | $4.7B | $498.3M |
| FY2023 | $4.7B | $743.2M |
| FY2022 | $4.8B | $640.3M |
| FY2021 | $3.8B | $478.5M |
| FY2020 | $2.7B | $328.1M |
| FY2019 | $2.3B | $261.4M |
| FY2018 | $1.8B | $252.8M |
| FY2017 | $1.5B | $274.0M |
| FY2016 | $1.2B | $312.8M |
Bottom line
| Fiscal year | EPAM | PERI |
|---|---|---|
| FY2025 | $377.7M | $-7.9M |
| FY2024 | $454.5M | $12.6M |
| FY2023 | $417.1M | $115.0M |
| FY2022 | $419.4M | $97.5M |
| FY2021 | $481.7M | $38.7M |
| FY2020 | $327.2M | $10.2M |
| FY2019 | $261.1M | $12.9M |
| FY2018 | $240.3M | $8.1M |
| FY2017 | $72.8M | $-72.8M |
| FY2016 | $99.3M | $201,000 |
16 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$5,017,129,000 | EPAM |
| FY2024 | +$4,229,654,000 | EPAM |
| FY2023 | +$3,947,385,000 | EPAM |
| FY2022 | +$4,184,442,000 | EPAM |
| FY2021 | +$3,279,646,000 | EPAM |
| FY2020 | +$2,331,415,000 | EPAM |
| FY2019 | +$2,032,348,000 | EPAM |
| FY2018 | +$1,590,067,000 | EPAM |
| FY2017 | +$1,176,462,000 | EPAM |
| FY2016 | +$847,338,000 | EPAM |
| FY2015 | +$693,178,000 | EPAM |
| FY2014 | +$341,296,000 | EPAM |
| FY2013 | +$229,609,000 | EPAM |
| FY2012 | +$373,576,000 | EPAM |
| FY2011 | +$299,055,000 | EPAM |
| FY2010 | +$192,327,000 | EPAM |
EPAM has reported the higher revenue in every one of these 16 fiscal years. The gap has widened since the earliest year compared.
16 of 17 comparable fiscal years — a year missing data on either side is not counted.
16 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +8.7 pp | EPAM |
| FY2024 | +7.1 pp | EPAM |
| FY2023 | −6.6 pp | PERI |
| FY2022 | −6.5 pp | PERI |
| FY2021 | +4.7 pp | EPAM |
| FY2020 | +9.2 pp | EPAM |
| FY2019 | +6.4 pp | EPAM |
| FY2018 | +9.8 pp | EPAM |
| FY2017 | +31.6 pp | EPAM |
| FY2016 | +8.5 pp | EPAM |
| FY2015 | +40.3 pp | EPAM |
| FY2014 | −1.5 pp | PERI |
| FY2013 | +2.4 pp | EPAM |
| FY2012 | +6.7 pp | EPAM |
| FY2011 | −2.7 pp | PERI |
| FY2010 | −15.7 pp | PERI |
The higher net margin has changed hands between EPAM and PERI over this period.
16 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PERI's net margin has been more volatile than EPAM's over the 16 comparable fiscal years — 14.4 percentage points of standard deviation against 2.4.
16 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between EPAM and PERI over these 16 fiscal years — EPAM led in 11 and PERI in 5.
16 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
PERI's return on equity has been more volatile than EPAM's over the 16 comparable fiscal years — 19.2 percentage points of standard deviation against 15.8.
16 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between EPAM and PERI over these 16 fiscal years — EPAM led in 12 and PERI in 4.
16 of 17 comparable fiscal years — a year missing data on either side is not counted.