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ePlus PLUS Networking — Revenue

Other product segments

Technology Reporting Unit
$581.52M+21.7%
Data Center Cloud
$157.85M+17.5%
Security
$51.68M+6.0%
Other Product
$25.26M+782%
Collaboration
$10.18M+24.1%

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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:Revenues.

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
Net sales
Product$$1,979,664$1,599,7911,886,172
Services462,885400,377292,077
Total2,442,5492,000,1682,178,249
Cost of sales
Product1,525,9601,229,4951,485,291
Services300,508258,553181,216
Total1,826,4681,488,0481,666,507

ITEM 16.

FAQ

What is ePlus's networking — revenue?
ePlus (PLUS) reported networking — revenue of $226.57M in Q1 2026.
How has ePlus's networking — revenue changed year-over-year?
ePlus's networking — revenue increased by 26.7% year-over-year, from $178.82M to $226.57M.
What is the long-term trend for ePlus's networking — revenue?
Over 4 years (2022 to 2026), ePlus's networking — revenue has grown at a 11.2% compound annual growth rate (CAGR), from $611.49M to $933.82M.
What does networking — revenue mean?
This metric represents the total gross sales generated from the company's networking segment, which encompasses the sale of hardware, software, and related professional services designed to optimize enterprise IT infrastructure. It reflects the organization's ability to capture market demand for connectivity solutions, data center architecture, and network lifecycle management. Growth in this segment indicates successful penetration into enterprise IT environments and the effectiveness of the company's technology supply chain and consulting offerings.

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