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Side-by-side financial comparison of FULTON FINANCIAL CORP (FULT) and EPLUS INC (PLUS). Click either name above to swap in a different company.

EPLUS INC is the larger business by last-quarter revenue ($614.8M vs $336.2M, roughly 1.8× FULTON FINANCIAL CORP). FULTON FINANCIAL CORP runs the higher net margin — 28.2% vs 5.7%, a 22.5% gap on every dollar of revenue. On growth, EPLUS INC posted the faster year-over-year revenue change (20.3% vs 4.2%). Over the past eight quarters, EPLUS INC's revenue compounded faster (2.3% CAGR vs 0.2%).

Fulton Financial Corporation is an American regional financial services holding company, headquartered in Lancaster, Pennsylvania.

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.

FULT vs PLUS — Head-to-Head

Bigger by revenue
PLUS
PLUS
1.8× larger
PLUS
$614.8M
$336.2M
FULT
Growing faster (revenue YoY)
PLUS
PLUS
+16.1% gap
PLUS
20.3%
4.2%
FULT
Higher net margin
FULT
FULT
22.5% more per $
FULT
28.2%
5.7%
PLUS
Faster 2-yr revenue CAGR
PLUS
PLUS
Annualised
PLUS
2.3%
0.2%
FULT

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
FULT
FULT
PLUS
PLUS
Revenue
$336.2M
$614.8M
Net Profit
$94.8M
$35.1M
Gross Margin
25.8%
Operating Margin
7.1%
Net Margin
28.2%
5.7%
Revenue YoY
4.2%
20.3%
Net Profit YoY
1.9%
45.2%
EPS (diluted)
$0.55
$1.33

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FULT
FULT
PLUS
PLUS
Q1 26
$336.2M
Q4 25
$336.0M
$614.8M
Q3 25
$334.6M
$608.8M
Q2 25
$324.1M
$637.3M
Q1 25
$318.4M
Q4 24
$319.6M
$493.2M
Q3 24
$317.7M
$493.4M
Q2 24
$334.7M
$535.7M
Net Profit
FULT
FULT
PLUS
PLUS
Q1 26
$94.8M
Q4 25
$99.0M
$35.1M
Q3 25
$100.5M
$34.9M
Q2 25
$99.2M
$37.7M
Q1 25
$93.0M
Q4 24
$68.6M
$24.1M
Q3 24
$63.2M
$31.3M
Q2 24
$95.0M
$27.3M
Gross Margin
FULT
FULT
PLUS
PLUS
Q1 26
Q4 25
25.8%
Q3 25
26.6%
Q2 25
23.3%
Q1 25
Q4 24
25.4%
Q3 24
25.8%
Q2 24
23.7%
Operating Margin
FULT
FULT
PLUS
PLUS
Q1 26
Q4 25
35.7%
7.1%
Q3 25
38.2%
8.0%
Q2 25
37.8%
5.7%
Q1 25
36.1%
Q4 24
27.0%
3.3%
Q3 24
25.1%
5.5%
Q2 24
30.8%
5.9%
Net Margin
FULT
FULT
PLUS
PLUS
Q1 26
28.2%
Q4 25
29.5%
5.7%
Q3 25
30.0%
5.7%
Q2 25
30.6%
5.9%
Q1 25
29.2%
Q4 24
21.5%
4.9%
Q3 24
19.9%
6.3%
Q2 24
28.4%
5.1%
EPS (diluted)
FULT
FULT
PLUS
PLUS
Q1 26
$0.55
Q4 25
$0.53
$1.33
Q3 25
$0.53
$1.32
Q2 25
$0.53
$1.43
Q1 25
$0.49
Q4 24
$0.36
$0.91
Q3 24
$0.33
$1.17
Q2 24
$0.52
$1.02

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FULT
FULT
PLUS
PLUS
Cash + ST InvestmentsLiquidity on hand
$326.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.5B
$1.1B
Total Assets
$32.2B
$1.8B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FULT
FULT
PLUS
PLUS
Q1 26
Q4 25
$326.3M
Q3 25
$402.2M
Q2 25
$480.2M
Q1 25
Q4 24
$253.1M
Q3 24
$187.5M
Q2 24
$349.9M
Stockholders' Equity
FULT
FULT
PLUS
PLUS
Q1 26
$3.5B
Q4 25
$3.5B
$1.1B
Q3 25
$3.4B
$1.0B
Q2 25
$3.3B
$1.0B
Q1 25
$3.3B
Q4 24
$3.2B
$962.3M
Q3 24
$3.2B
$947.0M
Q2 24
$3.1B
$921.9M
Total Assets
FULT
FULT
PLUS
PLUS
Q1 26
$32.2B
Q4 25
$32.1B
$1.8B
Q3 25
$32.0B
$1.8B
Q2 25
$32.0B
$1.8B
Q1 25
$32.1B
Q4 24
$32.1B
$1.8B
Q3 24
$32.2B
$1.7B
Q2 24
$31.8B
$1.7B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FULT
FULT
PLUS
PLUS
Operating Cash FlowLast quarter
$-87.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-2.49×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FULT
FULT
PLUS
PLUS
Q1 26
Q4 25
$304.5M
$-87.4M
Q3 25
$116.1M
$-34.8M
Q2 25
$91.7M
$-99.0M
Q1 25
$703.0K
Q4 24
$416.6M
$65.7M
Q3 24
$-22.0M
$-21.6M
Q2 24
$157.8M
$97.1M
Cash Conversion
FULT
FULT
PLUS
PLUS
Q1 26
Q4 25
3.08×
-2.49×
Q3 25
1.16×
-1.00×
Q2 25
0.92×
-2.63×
Q1 25
0.01×
Q4 24
6.07×
2.72×
Q3 24
-0.35×
-0.69×
Q2 24
1.66×
3.55×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FULT
FULT

Segment breakdown not available.

PLUS
PLUS

All Others Customer End Market$107.0M17%
Technology Customer End Market$89.4M15%
Health Care Customer End Market$81.5M13%
Financial Services Customer End Market$66.1M11%
Professional Services Reporting Unit$64.1M10%
Security$61.1M10%
State And Local Government And Educational Institutions$59.9M10%
Managed Services Reporting Unit$48.8M8%
Other Product$21.1M3%
Collaboration$13.4M2%

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