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ePlus PLUS Accrued Expenses

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Other financials

Income statement

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Revenue$581.6M+21.7%
Gross profit$147.1M+10.7%
Operating income$37.6M+52.0%
Net income$25.0M+14.9%
EPS (diluted)$0.95+14.5%

Balance sheet

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Cash & equivalents$410.8M+5.5%
Total debt$16.3M-80.9%
Total equity$1.1B+10.1%
Total assets$1.8B-4.2%

Cash flow

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Operating cash flow-$87.4M-233%
CapEx$1.2M-36.5%
Free cash flow-$30.2M-119%

Valuation

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Market cap$2.34B+27.0%
Enterprise value$1.94B+20.5%
P/E17.6×+1.6×
P/S+0.1×

Profitability

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Gross margin25.2%-0.4pp
Operating margin6.8%+1.8pp
Net margin5.4%+0.2pp
FCF margin-10.4%-26.4pp

Returns & leverage

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Return on equity13%+1.8pp
Debt / equity-0.1×
Current ratio2.2×+0.5×

Where this comes from

Reported directly by ePlus in its filing.

Tagged under the XBRL concept us-gaap:EmployeeRelatedLiabilitiesCurrent.

The source filing: ePlus’s 10-K, filed May 28, 2026.

Filed
May 28, 2026, 5:02 PM EDT
Fiscal year
FY2026
Accession
0001140361-26-023171
Line itemMarch 31, 2026March 31, 2025
Current liabilities:
Accounts payable$$264,605323,890
Accounts payable—floor plan119,69389,527
Salaries and commissions payable48,59042,722
Deferred revenue168,127154,067
Other current liabilities37,12822,463
Current liabilities of discontinued operations-166,463
Total current liabilities638,143799,132

ITEM 16.

FAQ

What is ePlus's accrued expenses?
ePlus (PLUS) reported accrued expenses of $48.59M in Q1 2026.
How has ePlus's accrued expenses changed year-over-year?
ePlus's accrued expenses increased by 13.7% year-over-year, from $42.72M to $48.59M.
What is the long-term trend for ePlus's accrued expenses?
Over 5 years (2021 to 2026), ePlus's accrued expenses has grown at a 5.7% compound annual growth rate (CAGR), from $36.84M to $48.59M.
What does accrued expenses mean?
Expenses incurred but not yet paid or invoiced — interest accruals, tax accruals, warranty reserves, and other timing differences.

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