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ePlus Reports Impressive Financial Results for Fourth Quarter and Fiscal Year 2026

Overview

On May 28, 2026, ePlus inc. (NASDAQ: PLUS), a prominent provider of technology solutions, disclosed its financial outcomes for both the fourth quarter and complete fiscal year ending March 31, 2026. The report reveals remarkable double-digit growth across several critical metrics, including net sales, gross profits, and earnings per share. According to Mark Marron, President and CEO of ePlus, this performance highlights the company's strong execution and capacity to adapt in a rapidly changing IT landscape.

Financial Highlights for Q4 FY 2026

In the fourth quarter, ePlus achieved the following milestones:

• - Net Sales: An increase of 20.6%, reaching $576.2 million compared to $477.9 million from the previous year.
• - Services Revenues: Climbed by 4.9% to $110.0 million.
• - Gross Profit: Rose by 11.6% to $141.6 million, with a gross margin of 24.6%.
• - Net Earnings: From continuing operations surged 51.7% to $20.5 million.
• - Earnings Per Share: Diluted earnings per common share increased 52.9% to $0.78, with Non-GAAP earnings hitting $1.00.

The growth is driven primarily by higher product sales, particularly in networking, cloud, security, and collaboration products. Marron emphasized the resilience of the company, as evidenced by these substantial gains despite macroeconomic challenges.

Fiscal Year 2026 Results

For the entire fiscal year, ePlus reported:

• - Net Sales: A robust increase of 22.1%, totaling $2,442.5 million, up from $2,000.2 million in the prior year.
• - Service Revenues: Increased by 15.6% to $462.9 million.
• - Gross Profit: Grew by 20.3% to $616.1 million, with a gross margin of 25.2%.
• - Net Earnings from Continuing Operations: Increased 62.4% to $124.1 million.
• - Earnings Per Share: Diluted earnings surged to $4.71, marking a 64.1% increase.

This overall financial health has provided ePlus with the flexibility to enhance shareholder value through share repurchase plans and an 8% increase in quarterly dividends to $0.27 per share.

Strategic Insights

The executive management team remains focused on the company’s service-led strategy, specifically through its AI consulting capabilities. This strategy allows ePlus to remain agile in seizing emerging opportunities while effectively scaling solutions for large enterprises.

Mr. Marron noted, "We believe we are well positioned to capture market opportunities and sustain growth over the long run." This forward-looking strategy underscores ePlus’s commitment to enhancing its service offerings and nurturing customer relationships to drive future success.

Future Guidance

Looking ahead to fiscal year 2027, ePlus has guided a mid-single-digit growth expectation for net sales, gross profit, and adjusted EBITDA. However, this guidance does not account for potential recessionary conditions or unforeseen events, and ePlus cautions the effects of financial performance variability in more volatile circumstances.

Summary

In conclusion, ePlus’s substantial growth in the fourth quarter and throughout fiscal 2026 highlights the company's strong operational execution and strategic positioning within the tech landscape. The company's focus on enhancing its service offerings positions it favorably to navigate upcoming market challenges.

For more information or to follow ePlus's latest developments, visit www.eplus.com.