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 modest increase in net sales to $511.0 million and a 5.3% increase in consolidated gross profit to $140.9 million for the third quarter of fiscal year 2025. This growth was primarily fueled by a significant 52.2% increase in service revenues, which reached $113.6 million, offsetting a slight decline in technology business net sales. Net earnings and diluted EPS saw a decrease compared to the prior year.
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.