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ePlus PLUS Product Reporting Unit — Gross Profit

Other segment segments

Professional Services Reporting Unit
$23.46M+8.4%
Managed Services Reporting Unit
$14.83M+14.3%
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
Other236279413
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

ITEM 16.

FAQ

What is ePlus's product reporting unit — gross profit?
ePlus (PLUS) reported product reporting unit — gross profit of $108.75M in Q1 2026.
How has ePlus's product reporting unit — gross profit changed year-over-year?
ePlus's product reporting unit — gross profit increased by 10.7% year-over-year, from $98.24M to $108.75M.
What is the long-term trend for ePlus's product reporting unit — gross profit?
Over 4 years (2022 to 2026), ePlus's product reporting unit — gross profit has grown at a 9.4% compound annual growth rate (CAGR), from $316.62M to $453.56M.
What does product reporting unit — gross profit mean?
Calculated as the difference between total segment revenues and the direct costs of goods and services sold. This metric measures the fundamental profitability of the product offerings before accounting for operating expenses.

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