PLUS News & Events

Sees FY27 gross profit and adjusted EBITDA up in mid-single digits.

Reports Q4 revenue $576.2M vs. $477.9M last year. "In Q4, 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, CEO. "We had a very strong FY26 signaling strong execution from our team. We saw revenue grow 22% to $2.4B and gross billings expand to $3.8B, an increase of 17% while generating adjusted EBITDA of $205M, an increase of 50%, delivering meaningful operating leverage for the year. With a healthy balance sheet, including cash of $411M, we continued to enhance shareholder value through a share repurchase plan and are increasing our quarterly dividend by 8% to 27c per common share. ePlus' services-led strategy, especially as it relates to the leveraging of our AI consulting services capabilities, makes us nimble enough to capture emerging opportunities and large enough to scale solutions for large enterprises, enabling us to help our customers in a rapidly evolving IT environment. We believe we are well positioned to capture market opportunity and scale growth over the long term".

FY25 cont-op revenue was $2.01B. FY26 revenue consensus is $2.32B. Gross profit is now expected to grow at a rate of 19%-21% vs. prior guidance of mid-teens from FY25's $515.5M from continuing operations. Now expects adjusted EBITDA to increase 41%-43% over FY25 adjusted EBITDA of $141M from continuing operations.

Reports Q3 revenue $614.8M vs. $493.2M last year. "We continued to experience strong momentum in our third fiscal quarter as we achieved robust growth, with net sales increasing 24.6% and net earnings from continuing operations more than doubling year over year," said Mark Marron, CEO. "The scalability of our operating platform has provided operating leverage which is reflected in our growth in gross profit, operating income, adjusted EBITDA and EPS. Our solid revenue growth reflects, in part, demand for AI that is fueling spend across all of our solution sets including cloud, compute, storage and networking. We continued to see strong revenue growth from our largest enterprise customers, who are modernizing their infrastructure to support their AI initiatives. We also saw strong demand from our mid-market customer base where we have continued to evolve and expand our product and services solutions to meet our customers' needs in today's market".