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
$493.2M
Gross Profit
$125.1M
Operating Profit
$16.5M
Net Profit
$24.1M
Gross Margin
25.4%
Operating Margin
3.3%
Net Margin
4.9%
YoY Growth
-3.1%
EPS
$0.91
EPLUS INC Q3 FY2025 Financial Summary
EPLUS INC reported revenue of $493.2M (down 3.1% YoY) for Q3 FY2025, with a net profit of $24.1M (down 11.5% YoY) (4.9% margin). Cost of goods sold was $368.1M, operating expenses totaled $108.6M.
Key Financial Metrics
| Total Revenue | $493.2M |
|---|---|
| Net Profit | $24.1M |
| Gross Margin | 25.4% |
| Operating Margin | 3.3% |
| Report Period | Q3 FY2025 |
Revenue Breakdown
EPLUS INC Q3 FY2025 revenue of $493.2M breaks down across 9 segments, led by Telecom Media Entertainment Customer End Market at $126.2M (25.6% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Telecom Media Entertainment Customer End Market | $126.2M | 25.6% |
| State And Local Government And Educational Institutions | $71.4M | 14.5% |
| Professional Services Reporting Unit | $69.5M | 14.1% |
| Health Care Customer End Market | $58.7M | 11.9% |
| Security | $53.9M | 10.9% |
| Financial Services Customer End Market | $46.2M | 9.4% |
| Managed Services Reporting Unit | $44.1M | 9.0% |
| Other Product | $18.9M | 3.8% |
| Collaboration | $8.4M | 1.7% |
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 Telecom Media Entertainment Customer End Market and State And Local Government And Educational Institutions) has evolved quarter over quarter.
| Segment | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q3 FY2025 |
|---|---|---|---|---|
| Telecom Media Entertainment Customer End Market | — | $176.8M | — | $126.2M |
| State And Local Government And Educational Institutions | $59.9M | — | — | $71.4M |
| Professional Services Reporting Unit | $64.1M | $76.3M | $71.7M | $69.5M |
| Health Care Customer End Market | $81.5M | $82.3M | $74.3M | $58.7M |
| Security | $61.1M | $65.9M | $61.1M | $53.9M |
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 |