Risk factors

EPAM Systems (EPAM) risk factors

Item 1A of every EPAM Systems, Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.

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  • FY2025 10-K risk factors
    35 risks2 new14 reworded

    EPAM highlights rising competitive threats from client adoption of AI and automated development tools. Geopolitical uncertainties, macroeconomic pressures, and US trade policies impacting offshore operations remain prominent risks.

    Filed Feb 26, 2026
  • FY2024 10-K risk factors
    33 risks

    EPAM faces significant operational and personnel risks due to the war in Ukraine and its large presence in emerging markets. The company must continuously adapt to generative AI adoption, intense IT services competition, and evolving tax and regulatory frameworks globally.

    Filed Feb 28, 2025