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ePlus inc
Investor Relations

ePlus helps companies and public-sector buyers plan, buy, and manage technology. It sells hardware, software, and cloud services from outside vendors, and it also provides consulting around infrastructure, cybersecurity, networking, data center design, and other IT projects. In simple terms, it sits between large technology vendors and customers that need help choosing, installing, and supporting the right systems. ePlus makes money in a few ways: by reselling equipment and software, by earning fees for technical services and project work, and by helping customers finance technology purchases. Its main customers are businesses, government agencies, and other organizations that need enterprise technology rather than consumer devices. That mix of product resale plus services and financing gives ePlus a role that is part distributor, part advisor, and part IT contractor.

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Last Earnings Call
Fiscal Period
Q3 2026
Call Date
Feb 4, 2026
AI Summary
Q3 2026

Strong Growth: ePlus reported double-digit growth across all key financial metrics in Q3, with net sales up 24.6% and net earnings from continuing operations more than doubling year-over-year.

Guidance Raised: The company raised its full-year guidance for net sales, gross profit, and adjusted EBITDA, now projecting net sales growth of 20–22% and adjusted EBITDA up 41–43%.

AI Tailwinds: Demand for AI, cloud, networking, and security solutions is driving growth, with AI shifting from a headwind to a strong tailwind across product lines.

Margin Expansion: Gross profit and EBITDA margins improved significantly, reflecting strong operating leverage and disciplined expense management.

Dividend & Buybacks: The Board approved a $0.25 quarterly dividend and over 200,000 shares were repurchased in the quarter.

Inventory Build: Inventory increased substantially due to higher project activity, with expectations for elevated inventory levels in coming quarters.

Professional Services Dip: Professional services revenue declined due to delayed projects in the retail sector, with management expecting recovery in fiscal 2027.

Key Financials
Net Sales
$614.8 million
Product Sales
$501.9 million
Service Revenue
$112.8 million
Gross Billings
$982.1 million
Gross Profit
$158.7 million
Gross Margin
25.8%
Product Gross Margin
23.8%
Professional Services Gross Margin
39.2%
Managed Services Gross Margin
29%
Operating Expenses
$115.2 million
Operating Income
$43.5 million
Earnings Before Taxes
$45.6 million
Net Earnings from Continuing Operations
$33.4 million
Diluted EPS from Continuing Operations
$1.27
Discontinued Operations Net Income
$1.7 million
Discontinued Operations EPS
$0.06
Adjusted EBITDA
$53.4 million
Adjusted EBITDA Margin
8.7%
Cash and Cash Equivalents
$326.3 million
Inventory
$241 million
Inventory Days Outstanding
22 days
Cash Conversion Cycle
41 days
Quarterly Dividend per Common Share
$0.25
Shares Repurchased
over 200,000 shares
Earnings Call Recording
Other Earnings Calls

Management

Mr. George Douglas King
Chief Information Officer
No Bio Available
Mr. Kleyton L. Parkhurst
Senior VP of Corporate Development & Assistant Secretary
No Bio Available
Mr. John Bengivenni
Executive Vice President of Sales
No Bio Available
Ms. Jenifer Pape
Vice President of Human Resources
No Bio Available
Mr. Dan Farrell
Senior Vice President of Services
No Bio Available
Mr. Kenneth G. Farber
President of ePlus Software LLC
No Bio Available
Mr. Chad Fredrick
President of eplus Group Inc
No Bio Available
Mr. Andrew L. Norton
President of ePlus Government
No Bio Available

Contacts

Address
VIRGINIA
Herndon
13595 Dulles Technology Dr
Contacts
+17039848400.0
www.eplus.com
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