EPAM Systems

EPAM

Market cap $5.35B

Stocks futures are pointing lower this morning after major indexes closed at record highs yesterday, as investors await economic data and earnings reports; a key inflation indicator is due to be released this morning; Snowflake shares are soaring after the cloud software company reported earnings and announced a paid of deals; Costco and Dell are scheduled to release their quarterly results after the closing bell; and FedEx Freight will start trading on Monday after completing a spinoff from its parent company. Here's what you need to know today.

NEW YORK, May 27, 2026 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P SmallCap 600:  FedEx Freight Holding Company (NYSE: FDXF) will replace EPAM Systems Inc. (NYSE: EPAM) in the S&P 500, and EPAM Systems will replace Shutterstock Inc. (NYSE: SSTK) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, June 2. S&P 500 & 100 constituent FedEx Corp. (NYSE:FDX) is spinning off FedExFreight Holding in a transaction expected to be completed June 1.

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EPAM Systems NYSE: EPAM reported first-quarter 2026 revenue at the high end of its outlook and improved profitability, while management lowered its full-year revenue growth forecast amid macroeconomic uncertainty and slower decision-making among some clients.

Although the revenue and EPS for Epam (EPAM) give a sense of how its business performed in the quarter ended March 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

EPAM Systems, Inc. (EPAM) Q1 2026 Earnings Call Transcript

EPAM tops Q1 estimates as revenues climb 7.6%, driven by Financial Services and Software & Hi-Tech growth despite macro uncertainty.