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ePlus PLUS Product — Cost of Goods Sold

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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$2.07B+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:CostOfGoodsAndServicesSold.

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 product — cost of goods sold?
ePlus (PLUS) reported product — cost of goods sold of $362.87M in Q1 2026.
How has ePlus's product — cost of goods sold changed year-over-year?
ePlus's product — cost of goods sold increased by 29.2% year-over-year, from $280.79M to $362.87M.
What is the long-term trend for ePlus's product — cost of goods sold?
Over 4 years (2022 to 2026), ePlus's product — cost of goods sold has grown at a 6.0% compound annual growth rate (CAGR), from $1.21B to $1.53B.
What does product — cost of goods sold mean?
This metric captures the direct costs associated with procuring, delivering, and fulfilling the technology products sold by the segment. It includes the purchase price of hardware and software components as well as direct logistics expenses. Monitoring this cost relative to revenue is essential for evaluating the segment's gross margin performance and supply chain efficiency.