The financials
ePlus inc. by the numbers
ePlus inc. (PLUS) reported revenue of $582M in Q4 2026 (quarter ended March 31, 2026), up 22% from the same quarter a year earlier. That came with a gross margin of 25% and net income of $25M (4.3% of revenue). For the full year FY2026, revenue was $2.44B (+22% year on year) and net income $133M. Its largest product in 2025-Q4 was Networking at $231M, 38% of the disclosed total, just ahead of Data Center Cloud at 29%.
| Income statement | Q4 2026 | Q4 2025 | Change |
|---|---|---|---|
| Revenue | $582M | $478M | +22% |
| Gross profit | $147M | $133M | +11% |
| Operating income | $38M | $25M | +52% |
| Net income | $25M | $22M | +15% |
| Diluted EPS | $0.95 | $0.83 | +14% |
| Product | Revenue | Share |
|---|---|---|
| Networking | $231M | 38% |
| Data Center Cloud | $175M | 29% |
| Service | $113M | 18% |
| Security | $61M | 9.9% |
| Other Product | $21M | 3.4% |
| Collaboration | $13M | 2.2% |
Business Segments
Revenue split by product segment, from SEC XBRL filings.
Latest period: Q4 2025Total $614.7M (+0.97%)
Collaboration grew +60% year on yearService -0.71% year on year
Segment Latestquarter on quarteryear on year
- Networking$230.9M$230.9MQoQ -11%year on year +27%-11%+27%
- Data Center Cloud$175.4M$175.4MQoQ +37%year on year +50%+37%+50%
- Service$112.8M$112.8MQoQ -8.8%year on year -0.71%-8.8%-0.71%
- Security$61.1M$61.1MQoQ -7.3%year on year +13%-7.3%+13%
- Other Product$21.1M$21.1MQoQ +31%year on year +12%+31%+12%
- Collaboration$13.4M$13.4MQoQ -19%year on year +60%-19%+60%
Software - Application
Ranks #49 of 90 by Smart Score