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Side-by-side financial comparison of EPLUS INC (PLUS) and Polestar Automotive Holding UK PLC (PSNY). Click either name above to swap in a different company.

Polestar Automotive Holding UK PLC is the larger business by last-quarter revenue ($685.2M vs $614.8M, roughly 1.1× EPLUS INC). EPLUS INC runs the higher net margin — 5.7% vs -44.4%, a 50.1% gap on every dollar of revenue.

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.

Polestar Automotive Holding UK PLC, or simply Polestar, is a Swedish automotive manufacturer that produces electric cars. Principally owned by Li Shufu's PSD Investment, Geely Holding and Volvo Cars, the company is headquartered in Torslanda, outside Gothenburg, Sweden. With an "asset-light" approach in development and manufacturing, Polestar does not have its own manufacturing facility; instead it produces cars in facilities controlled by Volvo or Geely in several countries, including China,...

PLUS vs PSNY — Head-to-Head

Bigger by revenue
PSNY
PSNY
1.1× larger
PSNY
$685.2M
$614.8M
PLUS
Higher net margin
PLUS
PLUS
50.1% more per $
PLUS
5.7%
-44.4%
PSNY

Income Statement — Q3 FY2026 vs Q2 FY2023

Metric
PLUS
PLUS
PSNY
PSNY
Revenue
$614.8M
$685.2M
Net Profit
$35.1M
$-304.1M
Gross Margin
25.8%
-0.1%
Operating Margin
7.1%
-72.6%
Net Margin
5.7%
-44.4%
Revenue YoY
20.3%
Net Profit YoY
45.2%
EPS (diluted)
$1.33
$-0.14

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
PLUS
PLUS
PSNY
PSNY
Q4 25
$614.8M
Q3 25
$608.8M
Q2 25
$637.3M
Q4 24
$493.2M
Q3 24
$493.4M
Q2 24
$535.7M
Q4 23
$509.1M
Q3 23
$587.6M
Net Profit
PLUS
PLUS
PSNY
PSNY
Q4 25
$35.1M
Q3 25
$34.9M
Q2 25
$37.7M
Q4 24
$24.1M
Q3 24
$31.3M
Q2 24
$27.3M
Q4 23
$27.3M
Q3 23
$32.7M
Gross Margin
PLUS
PLUS
PSNY
PSNY
Q4 25
25.8%
Q3 25
26.6%
Q2 25
23.3%
Q4 24
25.4%
Q3 24
25.8%
Q2 24
23.7%
Q4 23
26.3%
Q3 23
24.6%
Operating Margin
PLUS
PLUS
PSNY
PSNY
Q4 25
7.1%
Q3 25
8.0%
Q2 25
5.7%
Q4 24
3.3%
Q3 24
5.5%
Q2 24
5.9%
Q4 23
7.5%
Q3 23
7.6%
Net Margin
PLUS
PLUS
PSNY
PSNY
Q4 25
5.7%
Q3 25
5.7%
Q2 25
5.9%
Q4 24
4.9%
Q3 24
6.3%
Q2 24
5.1%
Q4 23
5.4%
Q3 23
5.6%
EPS (diluted)
PLUS
PLUS
PSNY
PSNY
Q4 25
$1.33
Q3 25
$1.32
Q2 25
$1.43
Q4 24
$0.91
Q3 24
$1.17
Q2 24
$1.02
Q4 23
$1.02
Q3 23
$1.22

Balance Sheet & Financial Strength

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

Metric
PLUS
PLUS
PSNY
PSNY
Cash + ST InvestmentsLiquidity on hand
$326.3M
$1.1B
Total DebtLower is stronger
$1.6B
Stockholders' EquityBook value
$1.1B
$-456.3M
Total Assets
$1.8B
$4.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PLUS
PLUS
PSNY
PSNY
Q4 25
$326.3M
Q3 25
$402.2M
Q2 25
$480.2M
Q4 24
$253.1M
Q3 24
$187.5M
Q2 24
$349.9M
Q4 23
$142.2M
Q3 23
$82.5M
Stockholders' Equity
PLUS
PLUS
PSNY
PSNY
Q4 25
$1.1B
Q3 25
$1.0B
Q2 25
$1.0B
Q4 24
$962.3M
Q3 24
$947.0M
Q2 24
$921.9M
Q4 23
$877.8M
Q3 23
$845.7M
Total Assets
PLUS
PLUS
PSNY
PSNY
Q4 25
$1.8B
Q3 25
$1.8B
Q2 25
$1.8B
Q4 24
$1.8B
Q3 24
$1.7B
Q2 24
$1.7B
Q4 23
$1.6B
Q3 23
$1.6B

Cash Flow & Capital Efficiency

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

Metric
PLUS
PLUS
PSNY
PSNY
Operating Cash FlowLast quarter
$-87.4M
$-666.7M
Free Cash FlowOCF − Capex
$-709.7M
FCF MarginFCF / Revenue
-103.6%
Capex IntensityCapex / Revenue
6.3%
Cash ConversionOCF / Net Profit
-2.49×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PLUS
PLUS
PSNY
PSNY
Q4 25
$-87.4M
Q3 25
$-34.8M
Q2 25
$-99.0M
Q4 24
$65.7M
Q3 24
$-21.6M
Q2 24
$97.1M
Q4 23
$133.2M
Q3 23
$31.2M
Cash Conversion
PLUS
PLUS
PSNY
PSNY
Q4 25
-2.49×
Q3 25
-1.00×
Q2 25
-2.63×
Q4 24
2.72×
Q3 24
-0.69×
Q2 24
3.55×
Q4 23
4.88×
Q3 23
0.96×

Financial Flow Comparison

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

Revenue Breakdown by Segment

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%

PSNY
PSNY

Segment breakdown not available.

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