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ePlus PLUS Contract Assets, Net

Contract Assets, Net at other companies

Warrior Met Coal logo
Warrior Met CoalHCC
$0-100%
ESAB logo
ESABESAB
$12.89M+19.4%
Steven Madden logo
Steven MaddenSHOO
$12.1M+56.1%
AZZ logo
AZZAZZ
$5.73M+10.0%
ADMA Biologics logo
ADMA BiologicsADMA
$3.98M+1.7%
Crane NXT, Inc. logo
Crane NXT, Inc.CXT
$5.6M-26.3%

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$2.07B+22.3%
Enterprise value$1.68B+20.5%
P/E15.6×-0.6×
P/S0.9×0.0×

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:DeferredTaxAssetsInventory.

The official record: ePlus’s 10-K, filed May 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is ePlus's contract assets, net?
ePlus (PLUS) reported contract assets, net of $455K in Q1 2026.
What is the long-term trend for ePlus's contract assets, net?
Over 2 years (2024 to 2026), ePlus's contract assets, net has grown at a -8.7% compound annual growth rate (CAGR), from $546K to $455K.
What does contract assets, net mean?
Represents the company's right to consideration in exchange for goods or services that have been transferred to a customer, but where the right to payment is conditional on something other than the passage of time. This is a critical indicator of revenue recognition progress in long-term IT service contracts. High levels may indicate significant unbilled work in progress.