ePlus Inc.(NASDAQ) PLUS

ePlus inc. helps businesses set up and manage their technology. It makes sure computers, cloud storage, and security systems work well. Large companies use ePlus to build and run digital networks.

Core Technology Solutions

• Product segment: Sales of hardware, software, and maintenance; net sales were $529.6 million for the three months ended June 30, 2026.
• Professional services: Consulting and technical deployment; net sales were $68.1 million for the three-month period ended June 30, 2026.
• Managed services: Subscription-based monitoring and security; net sales were $51.3 million for the three months ended June 30, 2026.

Strategic Shifts and Divestitures

• Sold the domestic financing business on June 30, 2025.
• Strategic shift focused on being a pure technology solutions provider.
• Retained international financing operations in the United Kingdom, India, and Singapore.

Engineering Expertise and Global Presence

ePlus maintains advanced engineering certifications with a wide range of leading technology vendors. The firm supports clients across diverse sectors including healthcare, financial services, and government institutions.

Key Financial Results

• Net sales rose $6.3 million year over year to $649.1 million for the three months ended June 30, 2026.
• Gross profit margin decreased 60 basis points year over year to 23.3% for the three months ended June 30, 2026.
• Operating income fell $4.1 million year over year to $38.8 million for the three months ended June 30, 2026.
• Adjusted EBITDA, a non-GAAP metric, was $47.8 million for the three months ended June 30, 2026.

Evolution Summary

ePlus has transitioned into a dedicated provider of complex technology solutions following the sale of its domestic financing unit. The company now prioritizes high-demand areas like artificial intelligence and cloud modernization to meet enterprise needs.