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ePlus (PLUS) investor relations material

ePlus Q3 2026 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
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Q3 2026 earnings summary4 Feb, 2026

Executive summary

  • Achieved double-digit year-over-year growth in net sales, gross profit, and EPS for Q3 and the first nine months, driven by strong demand in AI, cloud, networking, and security solutions.

  • Completed sale of domestic financing business, shifting focus to technology solutions and three reportable segments; acquisition of Bailiwick Services, LLC expanded professional and managed services capabilities.

  • Board approved a $0.25 per share quarterly dividend; over 200,000 shares repurchased during the quarter.

  • Gained market share with integrated solutions, especially in mid-market and enterprise segments.

  • Net earnings from continuing operations for Q3 were $33.4M, up 129.3% year-over-year; nine-month net earnings up 68.5% to $98.7M.

Financial highlights

  • Q3 net sales rose 24.6% year-over-year to $614.8M; product sales up 32.2% to $501.8M; gross profit up 26.8% to $158.7M; gross margin at 25.8%.

  • Net earnings from continuing operations increased 129.3% to $33.4M; adjusted EBITDA up 97.4% to $53.4M (8.7% margin).

  • Year-to-date net sales up 22.2% to $1.86B; gross profit up 23.7% to $469.0M; net earnings from continuing operations up 68.5% to $98.7M.

  • Diluted EPS from continuing operations: $1.27 for Q3 (+130.9% YoY), $3.74 for nine months (+70.8% YoY).

  • Adjusted EBITDA for nine months: $158.8M (up 55.0% YoY); operating income for Q3: $43.5M (up 163.9% YoY).

Outlook and guidance

  • Raised full-year guidance: net sales growth now expected at 20%-22%, gross profit growth at 19%-21%, and adjusted EBITDA growth at 41%-43%.

  • Management expects continued demand for AI, security, and cloud solutions, but notes ongoing supply chain constraints, especially for memory chips.

  • Guidance excludes potential recessionary impacts and other unforeseen events.

How does AI drive infrastructure modernization?
Future strategy for services segment growth?
Impact of memory shortage on customer deployments?
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Frequently asked questions

ePlus, Inc. is an information technology solutions provider for government and commercial clients that leverages the power of IT to optimize business operations. The company delivers integrated end-to-end solutions from strategy to implementation across multiple sectors including healthcare, public sector, education, financial services and public safety. The company was formerly known as MLC Holdings, Inc. and changed its name to ePlus inc. in 1999. ePlus inc. was founded in 1990 and is based in Herndon, Virginia.

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