ePlus Inc. quarterly net sales rise 23.4% as net earnings increase 48.4%

Reuters11-07
ePlus Inc. quarterly net sales rise 23.4% as net earnings increase 48.4%

ePlus Inc. reported quarterly gross billings exceeding $1.0 billion for the first time in its history. For fiscal year 2026, the company expects net sales to grow in the mid-teens percentage range from fiscal year 2025's $2.01 billion from continuing operations. Gross profit is also projected to grow in the mid-teens from fiscal year 2025's $515.5 million. Adjusted EBITDA is anticipated to increase at approximately twice the rate of net sales growth from fiscal year 2025's $141.0 million, benefiting from operating leverage. The company ended the quarter with a cash position of $402.0 million. Recent business developments include the acquisition of certain assets of Realwave, Inc. to enhance artificial intelligence capabilities, the expansion of managed services and maintenance support portfolios for Juniper Networks, and the completion of an AI Industry Pulse Poll. The Board of Directors declared a quarterly cash dividend of $0.25 per common share, payable on December 17, 2025, to shareholders of record as of November 25, 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ePlus Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: PH18010) on November 06, 2025, and is solely responsible for the information contained therein.
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