EPLUS (PLUS) Company Report

ePlus reported strong financial results for the third quarter of fiscal year 2026, with consolidated net sales increasing 24.6% to $614.8 million and net earnings from continuing operations increasing 129.3% to $33.4 million compared to the prior year quarter. Diluted earnings per common share from continuing operations increased 130.9% to $1.27.
For the first nine months of fiscal year 2026, consolidated net sales increased 22.2% to $1,860.9 million, and net earnings from continuing operations increased 68.5% to $98.7 million.
The company raised its fiscal 2026 guidance and announced a quarterly cash dividend of $0.25 per common share to be paid on March 18, 2026.

2 days ago

8-K

ePlus Reports Strong Q3 Fiscal 2026 Results and Raises Full-Year Guidance

PLUS

Earnings

Guidance Update

Share Buyback

ePlus reported strong Q3 fiscal 2026 results with net sales growing 24.6% to $614.8 million and net earnings from continuing operations increasing 129.3% to $33.4 million.
Adjusted EBITDA nearly doubled, increasing 97% to $53.4 million, with a margin of 8.7%.
The company raised its full-year fiscal 2026 guidance, now expecting net sales growth of 20%-22% and Adjusted EBITDA growth of 41%-43%.
Strategic focus areas like AI, cloud, networking, and security continue to drive demand, with AI being a "powerful tailwind".
ePlus's board approved a quarterly dividend of $0.25 per common share and the company repurchased over 200,000 shares during the quarter.

2 days ago

Transcript

PLUS Announces Strong Q3 Fiscal 2026 Results and Raises Full-Year Guidance

PLUS

Earnings

Guidance Update

Dividends

ePlus reported strong Q3 fiscal 2026 results, with net sales increasing 24.6% to $614.8 million and net earnings from continuing operations more than doubling to $33.4 million. Adjusted EBITDA nearly doubled to $53.4 million.
Growth was broad-based across all customer segments, particularly mid-market and enterprise, driven by key focus areas such as AI, cloud, networking, and security. Product sales grew 32.2% year-over-year.
The board of directors approved a quarterly dividend of $0.25 per common share, payable on March 18, 2026, and the company repurchased over 200,000 shares during the quarter.
ePlus increased its full-year guidance for net sales growth to 20%-22%, gross profit growth to 19%-21%, and Adjusted EBITDA growth to 41%-43% over fiscal year 2025.

2 days ago

Transcript

ePlus Reports Strong Q3 2026 Results and Raises Full-Year Guidance

PLUS

Earnings

Guidance Update

Dividends

ePlus reported strong financial results for Q3 fiscal 2026, with net sales increasing 24.6% to $614.8 million and net earnings from continuing operations rising 129.3% to $33.4 million. Adjusted EBITDA nearly doubled, growing 97% to $53.4 million.
The company experienced broad-based growth across all customer size segments, particularly in mid-market and enterprise, driven by key focus areas such as AI, cloud, networking, and security. Product sales grew 32.2% year-over-year, though professional services revenue declined 7.8% due to project delays in the retail sector.
ePlus increased its full-year guidance for net sales to 20%-22% growth, gross profit to 19%-21% growth, and adjusted EBITDA to 41%-43% growth.
The board of directors approved a quarterly dividend of $0.25 per common share, and the company repurchased over 200,000 shares during the quarter.

2 days ago

Transcript

ePlus Reports Strong Q3 and Nine-Month FY2026 Results, Raises Guidance, and Declares Dividend

PLUS

Earnings

Guidance Update

Dividends

For the third quarter of fiscal year 2026, ePlus reported consolidated net sales of $614.8 million, an increase of 24.6%, and net earnings from continuing operations per diluted share of $1.27, up 130.9% year-over-year.
For the first nine months of fiscal year 2026, consolidated net sales increased 22.2% to $1,860.9 million, with net earnings from continuing operations per diluted share rising 70.8% to $3.74.
The company raised its fiscal year 2026 guidance, now expecting net sales to increase 20% to 22%, gross profit to grow 19% to 21%, and Adjusted EBITDA to increase 41% to 43% year-over-year.
ePlus announced a quarterly cash dividend of $0.25 per common share, payable on March 18, 2026.

2 days ago

Press Release

ePlus Inc. Recasts Financials Following Divestiture of Domestic Financing Business

PLUS

M&A

Accounting Changes

Strategic Shift

ePlus inc. has retrospectively recast its financial information for the fiscal year ended March 31, 2025, and prior periods, to present its domestic financing business as discontinued operations.
This recasting follows the sale of Expo Holdings, LLC, its domestic financing business, to Marlin Leasing Corporation (d/b/a PEAC Solutions) on June 30, 2025.
The divestiture signifies a strategic shift for ePlus inc. to concentrate on being a technology solutions provider, with remaining reportable segments including product, professional services, and managed services.

Jan 26, 2026, 9:10 PM

8-K

ePlus Reports Strong Q2 and First Half Fiscal Year 2026 Financial Results

PLUS

Earnings

Guidance Update

Dividends

For the second quarter of fiscal year 2026, ePlus reported a 23.4% increase in consolidated net sales to $608.8 million and a 95.9% increase in diluted net earnings per common share from continuing operations to $1.45.
For the first half of fiscal year 2026, consolidated net sales grew 21.1% to $1,246.1 million, and diluted net earnings per common share from continuing operations increased 50.6% to $2.47.
The company raised its fiscal year 2026 guidance, now expecting net sales and gross profit to grow at a mid-teens rate, and Adjusted EBITDA to increase at approximately twice the rate of net sales growth.
ePlus's Board of Directors declared a quarterly cash dividend of $0.25 per common share, payable on December 17, 2025.
As of September 30, 2025, ePlus maintained a strong cash position of $402.2 million.

Nov 6, 2025, 9:32 PM

8-K

ePlus Reports Record Q2 2026 Gross Billings and Raises Fiscal Year 2026 Guidance

PLUS

Earnings

Guidance Update

Revenue Acceleration/Inflection

ePlus reported a record $1 billion in gross billings for Q2 2026, marking a 26.5% year-over-year increase, with consolidated net sales growing 23.4% to $608.8 million.
Adjusted EBITDA for Q2 2026 surged 61.6% to $58.7 million, demonstrating significant operating leverage and outpacing net sales growth.
The company experienced robust demand in high-growth areas, with security gross billings up 52% year-over-year and data center and cloud net sales increasing nearly 30% year-to-date.
For fiscal year 2026, ePlus raised its guidance, now expecting net sales and gross profit to grow at a rate in the mid-teens, and adjusted EBITDA to increase at approximately twice the rate of net sales growth.
ePlus maintains a strong balance sheet with over $400 million in cash, and returned capital to shareholders through the repurchase of 60,000 shares and the announcement of a $0.25 per common share quarterly dividend.

Nov 6, 2025, 9:30 PM

Transcript

ePlus Reports Strong Q2 and H1 Fiscal Year 2026 Results, Raises Full-Year Guidance, and Declares Dividend

PLUS

Earnings

Guidance Update

Dividends

ePlus reported strong second quarter fiscal year 2026 results, with consolidated net sales increasing 23.4% to $608.8 million and diluted net earnings from continuing operations per common share increasing 95.9% to $1.45. Adjusted EBITDA for the quarter rose 61.6% to $58.7 million.
For the first half of fiscal year 2026, consolidated net sales grew 21.1% to $1,246.1 million, and diluted net earnings from continuing operations per common share increased 50.6% to $2.47. Adjusted EBITDA for the first half was $105.4 million, up 39.8%.
The company raised its fiscal year 2026 guidance, now expecting net sales and gross profit to grow at a rate in the mid-teens from fiscal year 2025, and Adjusted EBITDA to increase at approximately twice the rate of net sales growth.
ePlus announced a quarterly cash dividend of $0.25 per common share, payable on December 17, 2025, to shareholders of record as of November 25, 2025.
During the second quarter, ePlus completed the acquisition of certain assets of Realwave to further enhance its Artificial Intelligence (AI) capabilities.

Nov 6, 2025, 9:10 PM

Press Release

ePlus Divests Finance Segment, Initiates Dividend, and Provides FY2025 Guidance

PLUS

M&A

Dividends

Guidance Update

ePlus sold its finance segment in June 2025 for $180 million, enhancing financial flexibility to focus on its technology segment. This flexibility supports M&A, organic investments, the initiation of a quarterly dividend, and a new share repurchase program of up to 1.5 million shares.
For continuing operations, ePlus achieved a five-year (FY2021-FY2025) net sales CAGR of 7% and a service revenue CAGR of 19%, with services now representing nearly 20% of net sales. The consolidated gross margin increased from 23% in fiscal 2021 to 26% in fiscal 2025.
The company provided updated guidance in August, projecting net sales growth in the upper single-digit range, gross profit in the upper single-digit range, and adjusted EBITDA in the mid-teens for fiscal year 2025 continuing operations.