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ePlus PLUS Managed Services Reporting Unit — Gross Profit

Other segment segments

Product Reporting Unit
$108.75M+10.7%
Professional Services Reporting Unit
$23.46M+8.4%
All Other Segments
$54K

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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$2.36B+39.2%
Enterprise value$1.96B+20.5%
P/E17.8×+3.0×
P/S+0.2×

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:GrossProfit.

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 itemYear ended March 31, 2026Year ended March 31, 2025Year ended March 31, 2024
Total1,826,4681,488,0481,666,507
Gross profit
Product453,564370,153400,665
Professional services105,91090,51768,194
Managed services56,46751,30742,667
Total reportable segments615,941511,977511,526
Other140143216
Total$616,081$512,120$511,742

ITEM 16.

FAQ

What is ePlus's managed services reporting unit — gross profit?
ePlus (PLUS) reported managed services reporting unit — gross profit of $14.83M in Q1 2026.
How has ePlus's managed services reporting unit — gross profit changed year-over-year?
ePlus's managed services reporting unit — gross profit increased by 14.3% year-over-year, from $12.97M to $14.83M.
What is the long-term trend for ePlus's managed services reporting unit — gross profit?
Over 4 years (2022 to 2026), ePlus's managed services reporting unit — gross profit has grown at a 19.0% compound annual growth rate (CAGR), from $28.15M to $56.47M.
What does managed services reporting unit — gross profit mean?
Calculated as the difference between the Managed Services segment's total revenue and its direct cost of goods and services sold. It serves as a primary indicator of the segment's core profitability before accounting for operating expenses.

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