ePlus inc
NASDAQ:PLUS

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ePlus inc
NASDAQ:PLUS
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Price: 86.64 USD -1.21% Market Closed
Market Cap: 2.3B USD

ePlus inc
Investor Relations

Strategically positioned at the intersection of technology and solution-driven services, ePlus Inc. has carved a niche for itself as a formidable player in the field of information technology solutions. Founded in 1990, the company has grown exponentially from its roots as a straightforward reseller into a sophisticated technology solutions provider. Leveraging its partnerships with major tech giants like Cisco, Apple, and Microsoft, ePlus offers an extensive array of products and services ranging from cloud computing to cybersecurity and data center optimization. The company attributes its success to an ability to anticipate technological trends and adapt quickly, providing clients with customized solutions that address their specific needs, while also ensuring seamless integration with existing systems.

ePlus monetizes its expertise through a duel-stream business model: direct sales of technology products and provision of high-margin services such as consulting, integration, and support. This dual approach allows the company to offer end-to-end IT solutions, ensuring that it remains an indispensable partner for its clients. By integrating procurement services, financing solutions, and asset management capabilities, ePlus creates a comprehensive ecosystem that enhances customer satisfaction and loyalty. Meanwhile, the company's focus on continued innovation and strategic acquisitions further solidifies its position in the competitive tech landscape, ensuring that its portfolio remains robust and its market presence ever-expanding. With this synergy of services and strategic insight, ePlus stands as a testament to the potential success when traditional sales models are fused with forward-thinking technology solutions.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Nov 6, 2025
AI Summary
Q2 2026

Record Billings: ePlus delivered its first-ever quarter with over $1 billion in gross billings, a milestone highlighting strong, broad-based demand.

Double-Digit Growth: Net sales grew 23.4% year-over-year, with adjusted EBITDA increasing by 62%, showing significant operating leverage.

Security & AI Momentum: Security gross billings surged 52% year-over-year, now comprising 24% of trailing 12-month billings, driven by AI-related demand.

Guidance Raised: Management raised guidance for fiscal 2026 net sales, gross profit, and adjusted EBITDA, now expecting mid-teens growth rates for net sales and gross profit, and adjusted EBITDA to grow at twice the net sales rate.

Balance Sheet Strength: Cash and cash equivalents ended the quarter at $402.2 million, supporting ongoing investment and shareholder returns.

Dividends & Buybacks: The company announced a $0.25 per share quarterly dividend and repurchased 60,000 shares during the quarter.

Key Financials
Net Sales
$608.8 million
Gross Billings
$1.02 billion
Product Sales
$485.1 million
Service Revenue
$123.8 million
Gross Profit
$162.1 million
Gross Margin
26.6%
Product Gross Margin
24.5%
Professional Services Gross Margin
38.2%
Managed Services Gross Margin
29.5%
Operating Expenses
$113.3 million
Operating Income
$48.8 million
Earnings Before Taxes
$54 million
Net Earnings from Continuing Operations
$38.2 million
Earnings per Diluted Share from Continuing Operations
$1.45
Adjusted EBITDA
$58.7 million
Cash and Cash Equivalents
$402.2 million
Inventory
$154.1 million
Inventory Days Outstanding
15 days
Cash Conversion Cycle
30 days
Dividend per Share (Declared)
$0.25
Shares Repurchased
60,000 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