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ePlus PLUS Unbilled Revenue

Unbilled Revenue at other companies

ROP
Roper Technologies, Inc.ROP
$142.7M+5.2%
ePlus logo
ePlusPLUS
$17.81M+29.3%
Huron Consulting Group logo
Huron Consulting GroupHURN
$235.38M+30.2%
Cognex logo
CognexCGNX
$16.4M+495%
Teledyne Technologies logo
Teledyne TechnologiesTDY
$419M+13.8%
Intapp, Inc. logo
Intapp, Inc.INTA
$12.06M-31.4%

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:ContractWithCustomerAssetGrossCurrent.

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 unbilled revenue?
ePlus (PLUS) reported unbilled revenue of $17.81M in Q1 2026.
How has ePlus's unbilled revenue changed year-over-year?
ePlus's unbilled revenue increased by 29.3% year-over-year, from $13.78M to $17.81M.
What is the long-term trend for ePlus's unbilled revenue?
Over 2 years (2024 to 2026), ePlus's unbilled revenue has grown at a 22.9% compound annual growth rate (CAGR), from $11.8M to $17.81M.
What does unbilled revenue mean?
This represents the value of goods or services that have been delivered to customers but for which the company has not yet issued an invoice. It reflects earned revenue that is recognized in the financial statements before the formal billing cycle is completed. High levels may indicate strong project execution but also potential delays in the invoicing and collection process.