| Stage | IBM | % of rev | EPAM | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $17.1B | 100.00% | $1.4B | 100.00% | IBM ×11.99 |
| Gross profit | $9.7B | 56.80% | $446M | 31.26% | IBM +25.5pp |
| Operating income | $3.0B | 17.48% | $176M | 12.33% | IBM +5.1pp |
| Pre-tax income | $2.5B | 14.60% | $176M | 12.36% | IBM +2.2pp |
| Net income | $2.2B | 12.80% | $130M | 9.14% | IBM +3.7pp |
| Stage | IBM | EPAM | Gap · A − B |
|---|---|---|---|
| Revenue | $17.1B100.00% | $1.4B100.00% | IBM ×11.99 |
| Gross profit | 56.80%$9.7B | 31.26%$446M | IBM +25.5pp |
| Operating income | 17.48%$3.0B | 12.33%$176M | IBM +5.1pp |
| Pre-tax income | 14.60%$2.5B | 12.36%$176M | IBM +2.2pp |
| Net income | 12.80%$2.2B | 9.14%$130M | IBM +3.7pp |
No shared counterparties.