PLUS

This article first appeared on GuruFocus. Release Date: May 28, 2026 For the complete transcript of the earnings call, please refer to the full earnings call transcript. ePlus Inc (NASDAQ:PLUS) achieved double-digit growth across key revenue and operating metrics, with gross billings reaching a record $3.8 billion. The company experienced a 53% year-over-year increase in fully diluted EPS from continuing operations in the fourth quarter, and a 64% increase for the full year. ePlus Inc (NASDAQ:PLUS) broadened its core portfolio offerings by adding professional and managed services, enhancing its consultative services. The company divested its domestic financing business to focus on high-growth IT markets, allowing for better resource allocation. ePlus Inc (NASDAQ:PLUS) maintained a strong balance sheet with a cash balance of $411 million, enabling organic investments, acquisitions, and shareholder returns through dividends and share repurchases. The company faces potential headwinds from the worldwide memory chip shortage and geopolitical issues. There were project timing delays in professional services with retail customers, affecting revenue growth in the fourth quarter. Consolidated gross margin decreased to 24.6% from 26.5% in the prior year quarter, primarily due to lower product margins. The effective tax rate increased to 32.2% in the fourth quarter, up from 31.4% in the previous year, due to higher state income taxes and non-deductible expenses. Net loss from discontinued operations was $400,000 or $0.02 per share, compared to net income of $3.9 million or $0.15 per share in the prior year quarter. Warning! GuruFocus has detected 5 Warning Sign with PLUS. Is PLUS fairly valued? Test your thesis with our free DCF calculator. Q: Mark, you just gave the guidance there, and at the beginning of your prepared remarks, you said you were continuing to be mindful of potential headwinds. Could you expand a little bit on the framework for the guidance, what you factored in, where you're being conservative versus ambitious? A: Mark Marin, CEO: In terms of the guidance, there's a few things that we looked at. We had a really tough compare, as we were up over 20% on the top and almost 50% on the bottom. With the memory shortage and lead times, we are being a little conservative. Our open orders are up, which is a good sign, but dictated by lead times we don't contr...

Our analysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here. Achieved record gross billings of $3.8 billion driven by broad-based organic growth across AI, cloud, data center, and security segments. Transformed into a pure-play technology solutions provider by divesting the domestic financing business to focus resources on high-growth IT markets. Realized significant operating leverage by holding headcount flat while growing net sales by 22.1% and adjusted EBITDA by 49.5%. Experienced a shift in product margins due to a higher proportion of large enterprise sales at competitive rates and a lower mix of revenue recognized on a net basis. Strengthened the services portfolio through the integration of Bailiwick and the expansion of managed offerings for Cisco, Zoom, and Microsoft. Maintained a world-class Net Promoter Score of 74, indicating strong customer loyalty and successful execution of the solutions-led approach. Introduced fiscal year 2027 guidance expecting net sales, gross profit, and adjusted EBITDA to grow in the mid-single digit range. Guidance framework assumes a conservative stance due to difficult year-over-year comparisons and potential headwinds from worldwide memory chip shortages. Anticipates normalization of professional services projects in fiscal 2027 following timing delays with retail customers in the fourth quarter. Strategy focuses on 'land and expand' within large enterprises, aiming to improve margins over time through increased services attachment. Capital allocation priorities include organic hiring, strategic M&A, and returning value via an 8% dividend increase and ongoing share repurchases. Completed the divestiture of the domestic financing business, resulting in a $3 million fair value adjustment charge in the fourth quarter. Identified geopolitical unrest and supply chain lead times for memory chips as primary external risks to the growth trajectory. Reported a net loss from discontinued operations of $400 thousand in the fourth quarter, contrasting with income in the prior year period. Inventory levels decreased to $200.9 million as the company accelerated shipments to large enterprise customers. One stock. Nvidia-level potential. 30M+ investors trust Moby to find it first. Get the pick. Tap here. Management explained that mid-single...

Image source: The Motley Fool. Thursday, May 28, 2026 at 4:30 p.m. ET Chief Executive Officer and President — Mark Marron Chief Operating Officer and President, ePlus Technology — Darren S. Raiguel Chief Financial Officer — Elaine D. Marion General Counsel — Erica S. Stoecker Senior Vice President — Kleyton L. Parkhurst Need a quote from a Motley Fool analyst? Email [email protected] Kleyton L. Parkhurst: Thank you for joining us today. On the call is Mark Marron, CEO and President Darren S. Raiguel, COO and president of ePlus Technology. Elaine D. Marion, CFO, and Erica S. Stoecker, general counsel. I wanted to take a moment to remind you that the statements we make this afternoon that are not historical facts may be deemed to be forward looking statements and are based on management's current plans, estimates and projections. Actual and anticipated future results may vary materially due to certain risks and uncertainties detailed in the earnings release we issued this afternoon and our periodic filings with the Securities and Exchange Commission including our most recent annual report on Form 10 k and another documents that we file with the SEC. Any forward looking statement speaks only as of the date on which the statement is made, the company undertakes no responsibility to update any of these forward looking statements in light of new information. Future events, or otherwise. In addition, we will use certain non GAAP measures during the call. We have included a GAAP financial reconciliation in our earnings press release, which was posted on the Investor Information section of our website www.eplus.com. I would now like to turn the call over to Mark Marron. Mark? Mark Marron: Thank you, Kley. Good afternoon, everyone, and thank you for joining us today for fourth quarter and full year fiscal 2026 earnings call. The year was defined by the strong execution of our team, our ability to meet evolving customer IT needs, which resulted in achieving meaningful milestones across the business. The momentum drove strong full year results with double digit growth across our key revenue and operating metrics and gross billings, which reached a record $3.8 billion. In addition, we experienced continued operational efficiencies improved the scalability of our platform with fully diluted EPS from continuing operations in the fourth quarter increasing 53% on a year over year...

Double Digit Growth Year Over Year Across Key Metrics Including Net Sales, Gross Profit and Earnings Per Share ~ Initiates Fiscal 2027 Guidance and Announces Increased Common Stock Dividend of $0.27 Per Share ~ Fourth Quarter of Fiscal Year 2026 Net sales increased 20.6% to $576.2 million; services revenues increased 4.9% to $110.0 million. Gross billings increased 11.7% to $881.0 million. Gross profit increased 11.6% to $141.6 million. Gross margin was 24.6%, compared to 26.5% for last fiscal year's fourth quarter. Net earnings from continuing operations increased 51.7% to $20.5 million. Adjusted EBITDA increased 40.2% to $40.1 million. Net earnings from continuing operations per common share- diluted increased 52.9% to $0.78. Non-GAAP: net earnings from continuing operations per common share - diluted increased 44.9% to $1.00. Fiscal Year 2026 Net sales increased 22.1% to $2,442.5 million; services revenues increased 15.6% to $462.9 million. Gross billings increased 17.0% to $3,838.5 million. Gross profit increased 20.3% to $616.1 million. Gross margin was 25.2%, compared with 25.6% for fiscal year 2025. Net earnings from continuing operations increased 62.4% to $124.1 million. Adjusted EBITDA increased 49.5% to $204.8 million. Net earnings from continuing operations per common share - diluted increased 64.1% to $4.71. Non-GAAP: Net earnings per common share - diluted increased 52.7% to $5.39. HERNDON, Va., May 28, 2026 /PRNewswire/ -- ePlus inc. (NASDAQ: PLUS), a leading provider of technology solutions, today announced financial results for the three months and fiscal year ended March 31, 2026, or the fourth quarter of its 2026 fiscal year. Management Comment "In the fourth quarter, we achieved double digit growth across both net sales and gross billings, demonstrating expanding market share, and underscoring the durability and resilience of our business, " said Mark Marron, president and CEO of ePlus. "We had a very strong fiscal 2026 signaling strong execution from our team. We saw revenue grow 22% to $2.4 billion and gross billings expand to $3.8 billion, an increase of 17% while generating adjusted EBITDA of $205 million, an increase of 50%, delivering meaningful operating leverage for the year. With a healthy balance sheet, including cash of $411 million, we continued to enhance shareholder value through a share repurchase plan and are increasing ou...

Interested in ePlus inc.? Here are five stocks we like better. ePlus posted a strong fiscal 2026, with net sales up 22.1% to $2.4 billion and record gross billings of $3.8 billion. Full-year diluted EPS from continuing operations jumped 64% as the company benefited from broad-based demand in AI, cloud, data center, networking and security. Profitability improved sharply on operating leverage, as adjusted EBITDA rose 49.5% to $204.8 million while operating expenses grew much more slowly than revenue. Management said the company ended the year with record backlog and continued to gain market share. ePlus expects slower growth in fiscal 2027, guiding for mid-single-digit gains in net sales, gross profit and adjusted EBITDA after a very strong prior year. The company also raised its quarterly dividend by 8% and continues to return capital through share repurchases. ePlus (NASDAQ:PLUS) reported a strong finish to fiscal 2026, with management pointing to broad-based demand across artificial intelligence, cloud, data center, networking and security as key drivers of growth. On the company’s fourth-quarter and full-year earnings call, Chief Executive Officer and President Mark Marron said fiscal 2026 was “defined by the strong execution” of the ePlus team and its ability to meet evolving customer IT needs. He said the company achieved record gross billings of $3.8 billion for the year and ended with record backlog. → Rocket Lab Keeps Making Headlines and Highs—Here's What's Driving the Latest Move Marron said full-year diluted earnings per share from continuing operations increased 64%, while fourth-quarter diluted EPS from continuing operations rose 53% year over year. He attributed the results to continued market share gains and strong demand from customers, particularly as they advance AI-related initiatives. Chief Financial Officer Elaine Marion said consolidated net sales in the fourth quarter increased 20.6% to $576.2 million. Gross billings rose 11.7% to $881 million, reflecting demand across ePlus’ strategic focus areas, including AI, cloud, security and networking. → Quantum Stocks Just Got a Lifeline—Who Benefits Most? Product revenue increased 25% in the quarter to $466.2 million, while services revenue grew 4.9% to $110 million. Managed services revenue rose 9.3% to $48.7 million, helped by strength in enhanced maintenance support and cloud offerings. Pr...

ePlus (PLUS) late Thursday reported fiscal Q4 adjusted earnings from continuing operations of $1.00

IT solutions provider ePlus (NASDAQ:PLUS) will be reporting earnings this Thursday after market hours. Here’s what to expect. ePlus beat analysts’ revenue expectations last quarter, reporting revenues of $614.8 million, up 24.6% year on year. It was an incredible quarter for the company, with a beat of analysts’ EPS and revenue estimates. Is ePlus a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting ePlus’s revenue to grow 14.3% year on year, a reversal from the 10.2% decrease it recorded in the same quarter last year. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. ePlus has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at ePlus’s peers in the it distribution & solutions segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Avnet delivered year-on-year revenue growth of 33.9%, beating analysts’ expectations by 10.3%, and Connection reported revenues up 3%, topping estimates by 3.7%. Avnet traded up 5.4% following the results while Connection’s stock price was unchanged. Read our full analysis of Avnet’s results here and Connection’s results here. There has been positive sentiment among investors in the it distribution & solutions segment, with share prices up 6.6% on average over the last month. ePlus is up 3% during the same time and is heading into earnings with an average analyst price target of $115 (compared to the current share price of $86.92). WHILE YOU’RE HERE: The Next Palantir? One satellite company captures images of every point on Earth. Every single day. The Pentagon wants it. Hedge funds are using it to beat earnings. You’ve probably never heard of it. This is what the early days of Palantir looked like before it became a $437 billion giant. Same playbook. Different technology. If you missed Palantir, you need to see this. Claim The Stock Ticker for Free HERE.

HERNDON, Va., May 21, 2026 /PRNewswire/ -- ePlus inc. (NASDAQ NGS: PLUS – news) today announced that on May 28, 2026, it will release earnings and host a conference call regarding its financial results for the three months and fiscal year ended March 31, 2026. Earnings will be released after the market closes, and management will hold a conference call and audio webcast at 4:30 p.m. ET. A replay of the call will be available approximately two hours after the call through June 4, 2026. About ePlus inc. ePlus is a customer-first, services-led, and results-driven industry leader offering transformative technology solutions and services to provide the best customer outcomes. Offering a full portfolio of solutions, including artificial intelligence, security, cloud and data center, networking and collaboration, as well as managed, consultative and professional services, ePlus works closely with organizations across many industries to successfully navigate business challenges. With a long list of industry-leading partners and more than 2,130 employees, our expertise has been honed over more than three decades, giving us specialized yet broad levels of experience and knowledge. ePlus is headquartered in Virginia, with locations in the United States, United Kingdom, Europe, and Asia–Pacific. For more information, visit www.eplus.com, call 888-482-1122, or email [email protected]. Connect with ePlus on LinkedIn, Facebook, and Instagram. ePlus®, Where Technology Means More®, and ePlus products referenced herein are either registered trademarks or trademarks of ePlus inc. in the United States and/or other countries. View original content to download multimedia:https://www.prnewswire.com/news-releases/eplus-announces-fourth-quarter-and-fiscal-year-2026-earnings-release-date-and-conference-call-302779638.html

Quarterly earnings results are a good time to check in on a company’s progress, especially compared to its peers in the same sector. Today we are looking at ePlus (NASDAQ:PLUS) and the best and worst performers in the it distribution & solutions industry. IT Distribution & Solutions will be buoyed by the increasing complexity of IT ecosystems, rising cloud adoption, and demand for cybersecurity solutions. Enterprises are less likely than ever to embark on these complicated journeys solo, and companies in the sector boast expertise and scale in these areas. However, cloud migration also means less need for hardware, which could dent demand for large portions of the product portfolio and hurt margins. Additionally, planning for potentially supply chain disruptions is ongoing, as the COVID-19 pandemic showed how damaging a pause in global trade could be in areas like semiconductor procurement. The 7 it distribution & solutions stocks we track reported a strong Q4. As a group, revenues beat analysts’ consensus estimates by 1.9% while next quarter’s revenue guidance was 0.6% below. In light of this news, share prices of the companies have held steady as they are up 3.5% on average since the latest earnings results. Starting as a financing company in 1990 before evolving into a full-service technology provider, ePlus (NASDAQ:PLUS) provides comprehensive IT solutions, professional services, and financing options to help organizations optimize their technology infrastructure and supply chain processes. ePlus reported revenues of $614.8 million, up 24.6% year on year. This print exceeded analysts’ expectations by 11.4%. Overall, it was an incredible quarter for the company with a beat of analysts’ EPS estimates and a solid beat of analysts’ revenue estimates. ePlus scored the biggest analyst estimates beat and fastest revenue growth of the whole group. The results were likely priced in, however, and the stock is flat since reporting. It currently trades at $85.55. Is now the time to buy ePlus? Access our full analysis of the earnings results here, it’s free. With a century-long history of adapting to technological evolution, Avnet (NASDAQ:AVT) is a global electronic components distributor that connects manufacturers of semiconductors and other electronic parts with businesses that need these components. Avnet reported revenues of $6.32 billion, up 11.6% year on year,...

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. ePlus (PLUS) is in focus after reporting stronger than expected third quarter and nine month results, paired with higher full year 2026 net sales guidance that points to more upbeat internal expectations. Management now expects 2026 net sales to grow 20% to 22% compared with fiscal 2025’s US$2.01b from continuing operations, which is a step up from its prior outlook for mid teens growth. See our latest analysis for ePlus. At a share price of US$83.88, ePlus has a 1 day share price return of 2.18%, while the 30 day share price return of 4.27% and year to date share price return of 3.19% signal cooling momentum compared with a 1 year total shareholder return of 20.04% and a 5 year total shareholder return of 88.36%. If strong results and higher guidance have you looking beyond a single IT name, this could be a good moment to broaden your search and check out 23 top founder-led companies. With stronger recent earnings, higher 2026 guidance and a share price still trailing some analyst targets, the key question is whether ePlus is quietly undervalued or if the market is already factoring in the next phase of growth. At a last close of $83.88 versus a widely followed fair value estimate of $108, the current price sits well below what the narrative model suggests. This sets up an interesting tension between recent guidance, long term assumptions and what investors are willing to pay today. Read the complete narrative. Want to see what is really behind that $108 figure? Revenue barely moves and margins tighten, yet the valuation hinges on a richer profit multiple and shrinking share count. Curious which assumptions make that add up over time? Result: Fair Value of $108 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, there are still a couple of pressure points to watch, including margin compression on large deals and heavy exposure to a few key customer sectors. Find out about the key risks to this ePlus narrative. If you see the story differently or simply prefer to weigh the numbers yourself, you can shape your own ePlus thesis in minutes: Do it your way. A great starting point for your ePlus research is our analysis highlighting 4 key rewards and 1 important warning si...

ePlus’s fourth quarter results outpaced Wall Street expectations, with management attributing the momentum primarily to strong demand for integrated solutions in artificial intelligence, cloud, networking, and security. CEO Mark Marron highlighted broad-based growth across customer segments, especially in the mid-market and enterprise space, and pointed to the company’s ability to deliver these technologies as a key competitive differentiator. The quarter also saw notable expansion in product sales, driven by infrastructure modernization efforts, while services growth was tempered by project delays in the retail sector. Marron emphasized that these delays were customer-specific and not indicative of a broader trend, stating, “It was just a few customers that delayed projects specifically in the retail and consumer space.” Is now the time to buy PLUS? Find out in our full research report (it’s free). Revenue: $614.8 million vs analyst estimates of $551.8 million (24.6% year-on-year growth, 11.4% beat) Adjusted EPS: $1.45 vs analyst estimates of $1.01 (43.6% beat) Adjusted EBITDA: $53.38 billion vs analyst estimates of $41.1 million (8,683% margin, significant beat) Operating Margin: 7.1%, up from 3.3% in the same quarter last year Market Capitalization: $2.26 billion While we enjoy listening to the management's commentary, our favorite part of earnings calls are the analyst questions. Those are unscripted and can often highlight topics that management teams would rather avoid or topics where the answer is complicated. Here is what has caught our attention. Margaret Nolan (William Blair) asked about the sustainability of outsized enterprise projects. CEO Mark Marron responded that while strong enterprise activity boosted results, such levels are unlikely to repeat every quarter and are reflected in their annual guidance. Margaret Nolan (William Blair) inquired about the nature and duration of delayed professional services projects. Marron clarified that the delays are customer-specific in the retail sector and most of the revenue is expected to materialize in the next fiscal year. Greg Burns (Sidoti and Company) questioned the inventory build and project timing. CFO Elaine Marion explained that inventory levels are elevated due to increased project activity and are likely to remain higher in the coming quarters as demand continues. Greg Burns (Sidoti and Compa...