In Q4 2025, ePlus demonstrated resilient profitability with notable EPS growth and margin expansion, driven by increased service revenues and improved product mix, despite a 10% year-over-year drop in net sales.
ePlus reported a slight increase in net sales, driven by strong growth in service revenues which offset lower product sales. Gross profit and gross margin improved, but net earnings and adjusted EBITDA decreased due to higher operating expenses.
ePlus reported a decrease in net sales by 12.3% to $515.2 million, but an increase in consolidated gross profit by 2.5% to $148.0 million. The consolidated gross margin was 28.7%, up from 24.6% in the previous year. Net earnings decreased by 4.1% to $31.3 million, with a diluted EPS of $1.17. Non-GAAP diluted EPS decreased by 2.9% to $1.36.
ePlus's first quarter fiscal year 2025 saw a decrease in net sales by 5.2% to $544.5 million and a decrease in net earnings by 19.2% to $27.3 million. However, the company experienced strong growth in security and services, with managed services up 28%. The company ended the quarter with a strong cash position of $350 million.
ePlus reported a 12.7% increase in net sales for the fourth quarter of fiscal year 2024, reaching $554.5 million. Technology business net sales increased by 12.6%, and services revenues increased by 14.8%. However, net earnings decreased by 33.1% to $22.0 million, and diluted net earnings per share decreased to $0.82.
ePlus reported a decrease in net sales by 18.4% to $509.1 million and a decrease in net earnings by 23.6% to $27.3 million. However, the consolidated gross margin increased by 410 bps to 26.3%.
ePlus reported a strong second quarter with net sales increasing by 19% to $587.6 million. The technology business segment saw a 21.3% increase in net sales, while professional and managed services revenues grew by 9.0%. Net earnings increased by 14.7% to $32.7 million, and diluted earnings per share rose by 14.0% to $1.22.
ePlus reported a strong first quarter with a 25.3% increase in net sales to $574.2 million and a 51.2% increase in EPS to $1.27. The growth was driven by gains in cloud and networking, contributions from recent acquisitions, and some easing of supply chain constraints.
ePlus reported a strong fourth quarter with a 9.0% increase in net sales to $492.2 million and a 35.5% increase in net earnings to $32.9 million. Diluted earnings per share increased by 35.2% to $1.23, and non-GAAP diluted earnings per share increased by 34.7% to $1.36.
ePlus reported a strong third quarter, with net sales increasing by 26.0% to $623.5 million and net earnings increasing by 35.1% to $35.7 million. The company's performance was driven by robust customer demand in digital transformation, hybrid workforce, cloud solutions, and security.
ePlus inc. reported a 7.8% increase in net sales to $493.7 million and an 8.4% increase in consolidated gross profit to $133.3 million. However, net earnings decreased by 9.4% to $28.5 million, and diluted earnings per share decreased by 8.5% to $1.07. The company's adjusted EBITDA saw a slight increase of 0.2% to $50.3 million.
ePlus reported a 10.0% increase in net sales, reaching $458.4 million, with the technology segment driving growth with a 12.1% increase. However, net earnings decreased by 5.0% to $22.3 million, while adjusted EBITDA remained flat at $38.3 million.
ePlus reported a strong fourth quarter and fiscal year 2022, with net sales increasing by 28.1% to $451.5 million and net earnings increasing by 55.9% to $24.2 million in Q4. The company's technology segment and service revenues also saw significant growth. Diluted earnings per share increased to $0.91, and non-GAAP diluted earnings per share increased to $1.01.
ePlus reported a strong third quarter with a 15.7% increase in net sales to $494.8 million, driven by consistent execution and strong demand for services and solutions. Net earnings increased by 22.1% to $26.4 million, and operating income increased by 23% reflecting the scalability of their business model.
ePlus inc. reported a strong second quarter for fiscal year 2022, with net sales increasing by 5.8% to $458.0 million and net earnings increasing by 58.3% to $31.4 million. The company's growth was fueled by its technology solutions and financing segments, with services remaining one of the fastest-growing areas.
ePlus inc. reported a strong start to fiscal 2022, with a 17.4% increase in net sales to $416.6 million and a 15.9% increase in adjusted gross billings. Net earnings increased by 35.5% to $23.5 million, and diluted earnings per share rose by 34.6% to $1.75. The company's performance was driven by growing demand for its technology and financing solutions.
ePlus inc. reported a decrease in net sales by 3.8% to $352.6 million, but net earnings increased by 17.4% to $15.6 million. Diluted earnings per share increased by 17.2% to $1.16, and non-GAAP diluted earnings per share increased by 13.7% to $1.41. The company's gross profit increased by 6.6% to $97.9 million, with a gross margin of 27.8%.
ePlus inc. reported financial results for the third quarter ended December 31, 2020. Net sales decreased slightly by 0.3% to $427.6 million, while net earnings increased by 10.7% to $21.6 million. Diluted earnings per share increased to $1.62, and non-GAAP diluted earnings per share increased to $1.79.
ePlus inc. reported a 5.2% increase in net sales to $433.1 million for the second quarter of fiscal year 2021. Technology segment net sales increased 5.4% to $419.4 million, while service revenues increased 2.8% to $49.4 million. Net earnings decreased 1.3% to $19.8 million, and diluted earnings per share decreased 2.0% to $1.48. Non-GAAP diluted earnings per share decreased 7.2% to $1.68.
ePlus reported a decrease in net sales by 6.9% to $355.0 million, but experienced growth in profitability metrics. Gross profit increased by 6.4%, and diluted earnings per share grew by 8.3%. The company's performance was driven by a favorable mix of higher margin services revenue.
ePlus reported a 12.6% increase in net sales to $366.5 million, with technology segment net sales up 12.8% and service revenues up 8.6%. Adjusted EBITDA increased 20.0% to $23.5 million, while diluted earnings per share decreased to $0.99, and non-GAAP diluted earnings per share increased to $1.24.
ePlus reported strong double-digit growth across key financial metrics in Q3 2020, driven by its portfolio of technology products and services, and financing capabilities. Net sales increased by 24.1% to $429.0 million, and net earnings increased by 31.5% to $19.6 million.