#USA #financial results #Herndon #fiscal guidance #ePlus inc.

ePlus Reports Impressive Financial Results for Q2 Fiscal Year 2026

ePlus Inc. (NASDAQ PLUS), a recognized leader in technology solutions, recently announced a significant boost in its financial performance for the second quarter of fiscal year 2026. The company has seen remarkable growth across various metrics, positioning itself as a key player in the tech solutions market.

The consolidated net sales rose by 23.4%, reaching $608.8 million, compared to $493.4 million from the same quarter of the previous year. This increase was largely driven by higher product sales and enhanced service revenues, which expanded by 19.4% to $123.8 million. Gross billings also marked a significant increase of 26.5%, hitting $1,022.7 million.

Key Financial Highlights

1. Gross Profit: The consolidated gross profit climbed to $162.1 million, reflecting a 27.4% increase from $127.3 million last year, bolstered by a gross margin improvement to 26.6% from 25.8%.
2. Net Earnings: The company's net earnings from continuing operations surged by an impressive 92.7%, amounting to $38.2 million, which translates to $1.45 earnings per share, a 95.9% rise compared to the previous year.
3. Adjusted EBITDA: There was a notable increase of 61.6% in adjusted EBITDA, reaching $58.7 million, as the company capitalized on its operational efficiencies.

With promising figures in hand, ePlus has revised its fiscal year 2026 guidance, indicating expectations of a strong mid-teen growth in net sales and gross profits compared to last year's figures. CEO Mark Marron commented, “Fiscal 2026 is off to a very strong start, and this quarter marks a vital milestone in our history with gross billings exceeding $1 billion for the first time.”

Strategic Direction

The company has highlighted several key initiatives contributing to its positive trajectory. The acquisition of select assets from Realwave, Inc. was noted as a crucial step towards enhancing ePlus' capabilities in Artificial Intelligence and cybersecurity. This acquisition aligns with ePlus' ongoing strategy of investing in rapidly growing sectors, including networking and cloud technologies.

The strong cash position of $402 million at the end of the quarter enables ePlus to continue pursuing both organic growth and strategic acquisitions, creating a robust foundation for future development.

Dividend Announcement

In addition to the financial victories, ePlus disclosed a quarterly cash dividend of $0.25 per common share, which is set to be paid on December 17, 2025, to shareholders of record as of November 25, 2025. This dividend underscores ePlus' strong financial health and commitment to returning value to its shareholders.

As ePlus heads into the latter half of fiscal year 2026, the company remains focused on maintaining its momentum and pursuing strategic growth as a leading provider of technology solutions.

For those interested in further details about ePlus’ financial results and corporate updates, a conference call and webcast are scheduled for 4:30 p.m. ET on November 6, 2025, providing an opportunity for stakeholders to engage directly with the company's management.

Overall, ePlus is not only showcasing remarkable results but is also strategically positioning itself for a promising future in the technology landscape.