| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 614.77 | 1.0% | 20.3% |
| Total Income | 614.77 | 1.0% | 20.3% |
| Expenditure | 456.12 | 2.1% | 5.5% |
| PBT | 45.59 | 15.6% | 41.8% |
| Net Profit | 35.05 | 0.6% | 45.3% |
| OPM | 7.07% | 0.95pp | 1.49pp |
| NPM | 5.70% | 0.02pp | 0.98pp |
| EPS | 1.34 | 1.5% | 47.3% |
ePlus Reports Q3 FY26: Net Sales Up 24.6% to $614.8 Million
04 May 2026 · 4 May, 1:30 am
Summary
ePlus inc. reported strong financial results for the third quarter of fiscal year 2026, with net sales increasing 24.6% to $614.8 million and net earnings from continuing operations more than doubling year over year. The company's gross profit increased 26.8% to $158.7 million, and adjusted EBITDA increased 97.4% to $53.4 million. Based on the strong performance, ePlus is raising its fiscal year 2026 guidance for net sales, gross profit, and Adjusted EBITDA. The Board of Directors has declared a quarterly cash dividend of $0.25 per common share.
Key Highlights
- 1
Consolidated net sales increased 24.6% to $614.8 million in the third quarter of fiscal year 2026.
- 2
Consolidated gross profit increased 26.8% to $158.7 million.
- 3
Net earnings from continuing operations increased 129.3% to $33.4 million.
- 4
Adjusted EBITDA increased 97.4% to $53.4 million.
- 5
Net earnings from continuing operations per common share- diluted increased 130.9% to $1.27.
- 6
Consolidated net sales for the first nine months of fiscal year 2026 increased 22.2% to $1,860.9 million.
- 7
The company is raising its fiscal year 2026 guidance for net sales, gross profit, and Adjusted EBITDA.
Management Comments
Mark Marron
“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,” “The scalability of our operating platform has provided operating leverage which is reflected in our growth in gross profit, operating income, adjusted EBITDA and earnings per share.” “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,” “As a result of our strong third quarter and nine-month results, we are raising our fiscal year 2026 guidance. “Our teams remain committed to executing on our long-term strategy centered on expanding services and value-added solutions, delivering consistent growth, maintaining strong financial discipline and returning capital to shareholders in the form of dividends and share repurchases. We will continue to take a disciplined approach to capital deployment, prioritizing investments in our core business, strengthening our capabilities, and focusing on areas where we can achieve sustainable competitive advantages, all while preserving a healthy balance sheet. We are executing from a position of strength, delivering solid near-term performance while investing strategically for the future. All of this positions us well to deliver sustainable growth over the long term and lasting value for our shareholders,”
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