IT Companies’ Revenues in Ukraine Increased by 1%: Change in Ranking Leaders

Доходи провідних ІТ-компаній в Україні зросли на 1%; відбулася зміна лідерів.

The total revenue of leading IT companies operating in Ukraine reached ₴56.48 billion. For the first time this year, the ranking of companies was topped by GlobalLogic Ukraine, which is part of the American Bonus Technology INC. This company demonstrated a revenue of ₴11.66 billion, which is 2% higher compared to the previous year. However, GlobalLogic‘s profit decreased by 28% to ₴653 million.

This is reported by Finway

Leaders and Changes in the Ranking

The two companies Epam shared the remaining leadership positions. EPAM Systems, which had previously held the top spot for two consecutive years, dropped to second place with a revenue of ₴11.35 billion, which is 10% less than in 2023. However, the company’s profit increased by 27% to ₴1.67 billion.

Meanwhile, EPAM Digital continues to show growth in both revenue and profits. This company secured the third position in the ranking, achieving a revenue of ₴7.5 billion (+25%) and a profit of ₴838 million (+11%).

Companies Exiting the Index

This year, Playtika exited the IT companies index with a revenue of ₴2.14 billion, which decreased by 8%, and SoftServe, whose revenue fell by more than half to ₴889 million.

“Profit decreased by 28% and amounted to ₴653 million”

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