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
$637.3M
Gross Profit
$148.2M
Operating Profit
$36.2M
Net Profit
$37.7M
Gross Margin
23.3%
Operating Margin
5.7%
Net Margin
5.9%
YoY Growth
17.0%
EPS
$1.43
EPLUS INC Q1 FY2026 Financial Summary
EPLUS INC reported revenue of $637.3M (up 17.0% YoY) for Q1 FY2026, with a net profit of $37.7M (up 37.9% YoY) (5.9% margin). Cost of goods sold was $489.1M, operating expenses totaled $112.0M.
Key Financial Metrics
| Total Revenue | $637.3M |
|---|---|
| Net Profit | $37.7M |
| Gross Margin | 23.3% |
| Operating Margin | 5.7% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
EPLUS INC Q1 FY2026 revenue of $637.3M breaks down across 10 segments, led by Data Center Cloud at $207.0M (32.5% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Data Center Cloud | $207.0M | 32.5% |
| Technology Customer End Market | $82.7M | 13.0% |
| Health Care Customer End Market | $74.3M | 11.7% |
| Professional Services Reporting Unit | $71.7M | 11.3% |
| Security | $61.1M | 9.6% |
| Financial Services Customer End Market | $47.5M | 7.5% |
| Managed Services Reporting Unit | $44.6M | 7.0% |
| Other Product | $22.8M | 3.6% |
| Hold Co | $15.8M | 2.5% |
| Collaboration | $11.8M | 1.8% |
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 Technology Customer End Market) has evolved quarter over quarter.
| Segment | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q3 FY2025 |
|---|---|---|---|---|
| Data Center Cloud | — | — | $207.0M | — |
| Technology Customer End Market | $89.4M | $69.5M | $82.7M | — |
| 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 |
| 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 |