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EarningsQ4 2026 Earnings Report
PLUS Q4 2026 EPS Results
Actual EPS$1.00
Consensus EPS$0.98
Beat/MissBeat by +$0.02
One Year Ago EPS$1.11
PLUS Q4 2026 Revenue Results
Actual Revenue$581.63M
Expected Revenue$569.25M
Beat/MissBeat by +$12.38M
YoY Revenue Growth+17.86%
Earnings Announcement Details
QuarterQ4 2026
Date05/28/2026
TimeAfter Close
Conference CallThursday, May 28, 2026
PLUS Upcoming Earnings
Eplus's next earnings date is estimated for November 10, 2026, based on past reporting schedules.
Q4 2026 Earnings Call Audio
PLUS Q4 2026 Earnings Call
0:00 / 0:00
Q4 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q4 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a strong operational and financial performance with record gross billings, double-digit top-line growth, substantial EBITDA and EPS expansion, improved recurring revenue and a strengthened balance sheet enabling dividends and buybacks. Key strategic wins (security growth, partner awards, NPS of 74) and the divestiture to focus on core IT solutions reinforce the positive trajectory. Notable challenges include margin pressure from product mix and large enterprise pricing, timing delays in professional services, a longer cash conversion cycle, a small Q4 charge tied to the financing divestiture, and external risks (memory shortages and geopolitical uncertainty). On balance the positive growth, profitability gains, and strategic positioning materially outweigh the transitory and structural headwinds.Company Guidance
Record Gross Billings
Full year gross billings reached a record $3.8 billion, up 17% year-over-year, driven by sustained demand across AI, cloud, networking and security.
Strong Net Sales Growth
Consolidated net sales grew 22.1% for the full year to $2.4 billion; fourth quarter net sales increased 20.6% to $576.2 million.
Robust Product Revenue Expansion
Product sales grew 23.7% for the full year (product segment nearly $2.0 billion) and product revenue rose 25% in Q4 to $466.2 million, reflecting strong enterprise demand across data center, cloud, networking and security.
Services Momentum and Recurring Revenue
Full year services revenue increased 15.6%; Q4 services up 4.9% to $110 million. Managed services grew ~11% full year and 9.3% in Q4 to $48.7 million, supporting expansion of recurring revenue offerings (e.g., storage-as-a-service, backup-as-a-service).
Significant Profitability Improvement
Adjusted EBITDA rose 49.5% year-over-year to $204.8 million for the full year and Q4 adjusted EBITDA increased 40.2% to $40.1 million; operating income grew 67% for the full year and Q4 operating income rose 64.7% to $30.9 million.
Material EPS Gains
Diluted EPS from continuing operations increased 64% to $4.71 for the full year; Q4 diluted EPS rose 53% to $0.78. Non-GAAP diluted EPS from continuing operations increased to $5.39 (FY) and Q4 non-GAAP EPS was $1.00 (up 44.9% year-over-year).
Balance Sheet Strength & Capital Return
Cash and cash equivalents ended the year at $410.8 million (up from $389.4M prior year); Board authorized an 8% increase in the quarterly dividend to $0.27 and the company repurchased 90,000 shares in the quarter.
Security Business Growth
Security gross billings grew 23.1% to $842 million for the full year and represented ~22% of fiscal 2026 gross billings, highlighting strong customer prioritization of cybersecurity investments.
Customer Satisfaction and Recognition
ePlus achieved a Net Promoter Score of 74 (world-class) and received partner awards including Dell Channel Strategic Impact Partner of the Year and Digital Realty Americas Partner of the Year.
Strategic Simplification and Focus
Completed divestiture of the domestic financing business to become a pure-play technology solutions and services provider, enabling focused investment in AI and high-growth IT markets.
PLUS Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed