NASDAQ$PLUS

ePlus Inc · Q3 2026 earnings

Q3 2026 earnings · · After market close · Investor relations

Briefing

ePlus reported robust growth in its third fiscal quarter of 2026, with significant increases in net sales, gross profit, and earnings per share.

ePlus inc. announced strong financial results for the third quarter of fiscal year 2026, with consolidated net sales increasing by 24.6% to $614.8 million and net earnings from continuing operations more than doubling to $33.4 million. Adjusted EBITDA also saw a substantial rise of 97.4% to $53.4 million, reflecting the scalability of its operating platform and strong demand for AI-fueled solutions across various segments.

  • Consolidated net sales increased 24.6% year-over-year to $614.8 million.
  • Net earnings from continuing operations surged by 129.3% to $33.4 million.
  • Adjusted EBITDA grew by 97.4% to $53.4 million.
  • Diluted earnings per common share from continuing operations increased by 130.9% to $1.27.

Headline financials

Total Revenue

$615M

Previous: $511M+20.3%
EPS

$1.33

Previous: $1.06+25.5%
Adjusted EBITDA

$53.4M

Previous: $27M+97.4%
Consolidated Gross Margin

25.8%

Previous: 25.4%+1.6%
Gross Billings

$982M

No prior period
Effective Tax Rate

26.7%

Previous: 26.9%-0.7%
Capital Expenditures

-$3.25M

Previous: -$1.49M-118.6%
Free Cash Flow

-$224M

No prior period
Net Income

$35.1M

Previous: $24.1M+45.2%
Operating Income

$43.5M

Previous: $28.5M+52.5%
Gross Profit

$159M

Previous: $141M+12.6%

Revenue & EPS history

ePlus · Revenue · Quarterly

$615M

Q3 2026+20.3%vs Q3 2025
Beat estimate in 8 of 15 quarters(53%)
ActualEstimate

Forward guidance

ePlus is raising its fiscal year 2026 guidance for net sales, gross profit, and Adjusted EBITDA, anticipating continued strong performance.

Tailwinds

  • Net sales are expected to increase 20% to 22% year-over-year, up from prior mid-teens guidance.
  • Gross profit is expected to grow at a rate of 19% to 21%, up from prior mid-teens guidance.
  • Adjusted EBITDA is projected to increase 41% to 43% over Fiscal Year 2025, which is twice the pace of net sales growth.
  • Commitment to expanding services and value-added solutions.
  • Focus on maintaining strong financial discipline and returning capital to shareholders.

Headwinds

  • Guidance does not factor in recessionary conditions.
  • Guidance does not factor in other unexpected developments.
  • Inability to predict with reasonable certainty the ultimate outcome of unusual gains and losses.
  • Uncertainty regarding GAAP tax impacts, fluctuations in interest expense/income, and share-based compensation.
  • Acquisition-related expenses are not factored into the guidance.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q3 2026

Historical avgQ3 2026

+1.3%

Avg return

Earnings day

+1.4%

Avg return

5 days after

+2.0%

Avg return

30 days after

59%

38 / 64 earnings

Positive

+21.8%

Q2 2016

Best reaction

-23.0%

Q2 2018

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q4 2026
Q3 2026-1.7%+0.3%-9.4%
Q2 2026+15.5%+24.8%+22.4%
Q1 2026+9.5%+17.0%+11.9%
Q4 2025+2.0%+7.1%+9.3%
Q3 2025-13.1%-14.7%-19.0%
Q2 2025-17.9%-19.3%-19.5%
Q1 2025+6.9%+9.1%+13.0%
Q4 2024-0.4%-1.7%-7.8%
Q3 2024-12.0%-2.4%+3.5%
Q2 2024-9.3%-7.3%+5.2%
Q1 2024+14.4%+13.5%+12.9%
Q4 2023+4.9%+7.4%+15.5%
Q3 2023+8.3%+5.5%-3.2%
Q2 2023+3.4%+4.7%+2.9%
Q1 2023-13.5%-13.2%-17.3%
Q4 2022+2.8%+2.4%-1.1%
Q3 2022+0.1%+1.0%+11.1%
Q2 2022+6.2%+0.4%-6.9%
Q1 2022+6.7%+7.4%+18.2%
Q4 2021-5.4%-3.2%-12.1%
Q3 2021+6.8%+7.2%+14.6%
Q2 2021+5.0%+7.3%+21.8%
Q1 2021+0.5%+2.8%-0.1%
Q4 2020+6.8%+5.8%-2.6%
Q3 2020+7.3%+1.6%-11.7%
Q2 2020+20.7%+10.9%+5.6%
Q1 2020+13.9%+9.1%+13.4%
Q4 2019-19.7%-16.5%-22.1%
Q3 2019+4.9%+4.8%+10.6%
Q2 2019-5.1%-5.3%-13.0%
Q1 2019-4.0%-5.9%-1.2%
Q4 2018-1.4%+1.9%+6.3%
Q3 2018-8.3%-6.1%+7.2%
Q2 2018-23.0%-22.3%-18.7%
Q1 2018+7.8%+2.9%+1.0%
Q4 2017+5.0%+3.7%+0.3%
Q3 2017+6.4%+8.7%+14.7%
Q2 2017+7.6%+5.1%+22.9%
Q1 2017-2.0%-0.7%+6.8%
Q4 2016+0.7%+1.1%-3.6%
Q3 2016-17.0%
Q2 2016+21.8%
Q1 2016+4.8%
Q4 2015-9.7%
Q3 2015+18.2%
Q2 2015+19.0%
Q1 2015+5.8%
Q4 2014-0.8%
Q3 2014+9.2%
Q2 2014-0.8%
Q1 2014-7.8%
Q4 2013-3.1%
Q3 2013+1.2%
Q2 2013-5.0%
Q4 2012-2.9%
Q1 2013+1.4%
Q4 2010+4.2%
Q2 2011+1.8%
Q3 2012+1.8%
Q3 2011+1.8%
Q2 2012+1.6%
Q4 2011+0.0%
Q1 2012+0.0%
Q1 2011+0.0%

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