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ePlus PLUS Contract Assets

Contract Assets at other companies

Insight Enterprises logo
Insight EnterprisesNSIT
$58.59M-8.3%
Agilysys logo
AgilysysAGYS
$4.66M+22.3%
SS&C Technologies logo
SS&C TechnologiesSSNC
$41M-27.3%

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+26.0%
Enterprise value$1.94B+20.5%
P/E17.6×+1.5×
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:ContractWithCustomerAssetNetCurrent.

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

As of March 31, 2026, our accounts receivable includes $8.6 million that is due from a financing partner in payment for our sale of customer receivables to them. Additionally, within other current assets in our consolidated balance sheet, we have $6.3 million in receivables recognized from contracts with customers that we intend to sell to this financing partner.

ITEM 16.

FAQ

What is ePlus's contract assets?
ePlus (PLUS) reported contract assets of $6.3M in Q1 2026.
What does contract assets mean?
Revenue recognized under ASC 606 where the right to payment is conditional on something other than the passage of time — work performed but not yet billable.

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