EPLUS INC (PLUS) Form 10-Q — Nov 5, 2026
ePlus reported Q2 FY2027 net sales of $667.9M, up $59.1M (9.7%) year over year, with diluted EPS from continuing operations of $1.56 versus $1.45, and adjusted EBITDA of $67.1M at a 10.0% margin. Growth was led by cloud ($178.6M), security, and managed services sales, with product gross margin up 130 bps to 25.8% on mix and higher vendor consideration. The company closed the $17.4M acquisition of Daymark Solutions on August 21, 2026, adding $9.2M of goodwill. The board authorized a new 1.5M-share buyback (1,424,068 remaining) and declared a $0.27 quarterly dividend.
Key figures
- Eps
- 1.56
- Revenue
- 667924
- Net Income
- 40383000
- Total Debt
- floor plan facility balance of $139.2M (no revolver borrowings)
- Revenue Yoy
- 9.7% (three months, $667.9M vs $608.8M)
- Cash Position
- 380891000
- Shares Outstanding
- 25978588
- Gross margin q
- 27.0%
- Adjusted ebitda q
- 67101000
- Buyback remaining
- 1424068
- Six month revenue
- 1317037000
- Dividend per share
- $0.27 quarterly
- Operating income q
- 56527000
- Cisco concentration
- ~31% of net sales in Q2
- Non gaap diluted eps q
- 1.82
- Daymark acquisition price
- $17.4M
- Six month diluted eps continuing
- 2.72
- Remaining performance obligations
- $182.4M
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