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ePlus (PLUS) investor relations material
ePlus Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record quarterly gross billings exceeding $1 billion, with over 20% year-to-date revenue growth and nearly $2 billion in gross billings for the six-month period.
Completed the sale of the domestic financing business, transitioning to a pure-play technology solutions provider with three reportable segments.
Net sales for the quarter ended September 30, 2025, increased 23.4% year-over-year to $608.8 million, driven by strong demand in telecom, media, entertainment, healthcare, and financial services.
Net earnings from continuing operations rose 92.7% year-over-year to $38.2 million, with diluted EPS from continuing operations at $1.45.
Gross profit margin improved to 26.6% from 25.8% in the prior year quarter, primarily due to a favorable product mix.
Financial highlights
Consolidated net sales rose 23.4% year-over-year to $608.8 million for the quarter; six-month net sales totaled $1.25 billion, up 21.1%.
Gross billings increased 26.5% year-over-year to $1.02 billion in the quarter.
Gross profit grew 27.4% to $162.1 million, with consolidated gross margin up 80 basis points to 26.6%.
Operating income surged 80.9% to $48.8 million; adjusted EBITDA rose 61.6% to $58.7 million.
Net earnings from continuing operations were $38.2 million, or $1.45 per diluted share, up from $0.74.
Outlook and guidance
Fiscal 2026 net sales, gross profit, and adjusted EBITDA guidance raised; net sales and gross profit expected to grow at mid-teens rates year-over-year.
Adjusted EBITDA projected to grow at approximately twice the rate of net sales.
Guidance excludes potential recessionary impacts and other unpredictable events.
Cash on hand, operations, and available credit are expected to be sufficient for working capital and capital expenditures for at least the next year.
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