EPAM vs VRSN
Epam Systems, Inc. and Verisign Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | EPAM | VRSN |
|---|---|---|
| Revenue | $5.5B | $1.7B |
| Net income | $377.7M | $825.7M |
| Gross margin | 28.8% | 88.2% |
| Net margin | 6.9% | 49.8% |
| Return on equity | 10.3% | · |
| Diluted EPS | $6.72 | · |
| Dividend / share | · | $2.31 |
| Payout ratio | · | 26.1% |
| Free cash flow | $612.7M | $1.1B |
| Equity | $3.7B | $-2.2B |
| Net debt / equity | −0.35× | · |
| Current ratio | 2.59× | 0.49× |
| Revenue CAGR 5y | 15.5% | 5.5% |
| Profit CAGR 5y | 2.9% | 0.3% |
EPAM bills 3.3× the revenue of VRSN, and VRSN keeps more of each dollar of revenue as profit (49.8% against 6.9%).
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 | VRSN |
|---|---|---|
| FY2025 | $5.5B | $1.7B |
| FY2024 | $4.7B | $1.6B |
| FY2023 | $4.7B | $1.5B |
| FY2022 | $4.8B | $1.4B |
| FY2021 | $3.8B | $1.3B |
| FY2020 | $2.7B | $1.3B |
| FY2019 | $2.3B | $1.2B |
| FY2018 | $1.8B | $1.2B |
| FY2017 | $1.5B | $1.2B |
| FY2016 | $1.2B | $1.1B |
Bottom line
| Fiscal year | EPAM | VRSN |
|---|---|---|
| FY2025 | $377.7M | $825.7M |
| FY2024 | $454.5M | $785.7M |
| FY2023 | $417.1M | $817.6M |
| FY2022 | $419.4M | $673.8M |
| FY2021 | $481.7M | $784.8M |
| FY2020 | $327.2M | $814.9M |
| FY2019 | $261.1M | $612.3M |
| FY2018 | $240.3M | $582.5M |
| FY2017 | $72.8M | $457.2M |
| FY2016 | $99.3M | $440.6M |
16 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$3,800,456,000 | EPAM |
| FY2024 | +$3,170,540,000 | EPAM |
| FY2023 | +$3,197,440,000 | EPAM |
| FY2022 | +$3,399,798,000 | EPAM |
| FY2021 | +$2,430,544,000 | EPAM |
| FY2020 | +$1,394,378,000 | EPAM |
| FY2019 | +$1,062,137,000 | EPAM |
| FY2018 | +$627,943,000 | EPAM |
| FY2017 | +$285,353,000 | EPAM |
| FY2016 | +$17,965,000 | EPAM |
| FY2015 | −$145,238,000 | VRSN |
| FY2014 | −$280,090,000 | VRSN |
| FY2013 | −$409,970,000 | VRSN |
| FY2012 | −$439,793,000 | VRSN |
| FY2011 | −$437,450,000 | VRSN |
| FY2010 | −$458,754,000 | VRSN |
The higher-revenue side has changed between EPAM and VRSN over this period. The gap has widened since the earliest year compared.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.
16 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −42.9 pp | VRSN |
| FY2024 | −40.8 pp | VRSN |
| FY2023 | −45.9 pp | VRSN |
| FY2022 | −38.6 pp | VRSN |
| FY2021 | −46.3 pp | VRSN |
| FY2020 | −52.1 pp | VRSN |
| FY2019 | −38.3 pp | VRSN |
| FY2018 | −34.9 pp | VRSN |
| FY2017 | −34.2 pp | VRSN |
| FY2016 | −30.0 pp | VRSN |
| FY2015 | −26.2 pp | VRSN |
| FY2014 | −25.6 pp | VRSN |
| FY2013 | −45.2 pp | VRSN |
| FY2012 | −24.1 pp | VRSN |
| FY2011 | −5.3 pp | VRSN |
| FY2010 | −109.8 pp | VRSN |
VRSN has kept the higher net margin in every one of these 16 fiscal years.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
VRSN's net margin has been more volatile than EPAM's over the 16 comparable fiscal years — 21.6 percentage points of standard deviation against 2.4.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
VRSN led in net margin in every one of the 16 comparable fiscal years — a structural lead, not a recent swing.
16 of 19 comparable fiscal years — a year missing data on either side is not counted.