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ePlus PLUS Security — Revenue

Other product segments

Technology Reporting Unit
$581.52M+21.7%
Networking
$226.57M+26.7%
Data Center Cloud
$157.85M+17.5%
Other Product
$25.26M+782%
Collaboration
$10.18M+24.1%

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$2.01B-0.2%
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$273M+155%
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OTEXCybersecurity (Enterprise) — Total revenues
$17.46M-13.3%
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REZISafety and Security — Net revenue
$254M+14.9%

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:Revenues.

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 security — revenue?
ePlus (PLUS) reported security — revenue of $51.68M in Q1 2026.
How has ePlus's security — revenue changed year-over-year?
ePlus's security — revenue increased by 6.0% year-over-year, from $48.74M to $51.68M.
What is the long-term trend for ePlus's security — revenue?
Over 4 years (2022 to 2026), ePlus's security — revenue has grown at a 10.8% compound annual growth rate (CAGR), from $158.93M to $239.73M.
What does security — revenue mean?
This metric represents the total gross revenue generated from the sale of cybersecurity products, software, and related professional services within the company's dedicated security business unit. It reflects the organization's ability to capture market share in the enterprise security landscape and indicates the demand for its specialized IT protection solutions. Tracking this revenue stream helps investors assess the growth trajectory and competitive positioning of the company's security-focused service offerings.