EPLUS INCPLUSEarnings & Financial Report
ePlus Inc.(Nasdaq: PLUS) is an American consultative technology solutions provider that provides solutions and advisory and managed services across the technology spectrum, including security, cloud, networking, collaboration, artificial intelligence, and emerging solutions to more than 5,000 customers.
Revenue
$509.1M
Gross Profit
$133.8M
Operating Profit
$38.0M
Net Profit
$27.3M
Gross Margin
26.3%
Operating Margin
7.5%
Net Margin
5.4%
YoY Growth
-18.4%
EPS
$1.02
EPLUS INC Q3 FY2024 Financial Summary
EPLUS INC reported revenue of $509.1M (down 18.4% YoY) for Q3 FY2024, with a net profit of $27.3M (down 23.6% YoY) (5.4% margin). Cost of goods sold was $375.2M, operating expenses totaled $95.8M.
Key Financial Metrics
| Total Revenue | $509.1M |
|---|---|
| Net Profit | $27.3M |
| Gross Margin | 26.3% |
| Operating Margin | 7.5% |
| Report Period | Q3 FY2024 |
Revenue Breakdown
EPLUS INC Q3 FY2024 revenue of $509.1M breaks down across 10 segments, led by Data Center Cloud at $120.3M (23.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Data Center Cloud | $120.3M | 23.6% |
| All Others Customer End Market | $116.2M | 22.8% |
| SLED Customer End Market | $60.1M | 11.8% |
| Health Care Customer End Market | $55.5M | 10.9% |
| Professional Services Reporting Unit | $40.0M | 7.9% |
| Financial Services Customer End Market | $38.8M | 7.6% |
| Managed Services Reporting Unit | $34.6M | 6.8% |
| Other Product | $16.9M | 3.3% |
| Financing Reporting Unit | $14.9M | 2.9% |
| Collaboration | $13.6M | 2.7% |
EPLUS INC Revenue by Segment — Quarterly Trend
EPLUS INC revenue by segment across the last 4 reported quarters, showing how each business line (such as Data Center Cloud and All Others Customer End Market) has evolved quarter over quarter.
| Segment | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q3 FY2025 |
|---|---|---|---|---|
| Data Center Cloud | — | — | $207.0M | — |
| All Others Customer End Market | $107.0M | — | — | — |
| Health Care Customer End Market | $81.5M | $82.3M | $74.3M | $58.7M |
| Professional Services Reporting Unit | $64.1M | $76.3M | $71.7M | $69.5M |
EPLUS INC Annual Revenue by Year
EPLUS INC annual revenue history includes year-by-year totals (for example, 2022 revenue was $1.8B).
| Year | Annual Revenue |
|---|---|
| 2022 | $1.8B |
EPLUS INC Quarterly Revenue & Net Profit History
EPLUS INC results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2026 | $614.8M | +20.3% | $35.1M | 5.7% |
| Q2 FY2026 | $608.8M | +18.2% | $34.9M | 5.7% |
| Q1 FY2026 | $637.3M | +17.0% | $37.7M | 5.9% |
| Q3 FY2025 | $493.2M | -3.1% | $24.1M | 4.9% |
| Q2 FY2025 | $493.4M | -16.0% | $31.3M | 6.3% |
| Q1 FY2025 | $535.7M | -6.7% | $27.3M | 5.1% |
| Q3 FY2024 | $509.1M | -18.4% | $27.3M | 5.4% |
| Q2 FY2024 | $587.6M | +19.0% | $32.7M | 5.6% |
Income Statement
| Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $587.6M | $509.1M | $535.7M | $493.4M | $493.2M | $637.3M | $608.8M | $614.8M |
| YoY Growth | 19.0% | -18.4% | -6.7% | -16.0% | -3.1% | 17.0% | 18.2% | 20.3% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $1.62B | $1.60B | $1.65B | $1.70B | $1.77B | $1.80B | $1.77B | $1.83B |
| Liabilities | $773.1M | $717.8M | $729.0M | $753.1M | $803.4M | $778.7M | $720.7M | $768.4M |
| Equity | $845.7M | $877.8M | $921.9M | $947.0M | $962.3M | $1.02B | $1.05B | $1.06B |
Cash Flow
| Q2 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $31.2M | $133.2M | $97.1M | $-21.6M | $65.7M | $-99.0M | $-34.8M | $-87.4M |