PLUS News & Events

ePlus announced that John Lutz has joined its Board of Directors. Lutz is currently Vice Chancellor for Development and Alumni Relations for Vanderbilt University.

Reports Q4 revenue $576.2M vs. $477.9M last year. "In Q4, we achieved double digit growth across both net sales and gross billings, demonstrating expanding market share, and underscoring the durability and resilience of our business, " said Mark Marron, CEO. "We had a very strong FY26 signaling strong execution from our team. We saw revenue grow 22% to $2.4B and gross billings expand to $3.8B, an increase of 17% while generating adjusted EBITDA of $205M, an increase of 50%, delivering meaningful operating leverage for the year. With a healthy balance sheet, including cash of $411M, we continued to enhance shareholder value through a share repurchase plan and are increasing our quarterly dividend by 8% to 27c per common share. ePlus' services-led strategy, especially as it relates to the leveraging of our AI consulting services capabilities, makes us nimble enough to capture emerging opportunities and large enough to scale solutions for large enterprises, enabling us to help our customers in a rapidly evolving IT environment. We believe we are well positioned to capture market opportunity and scale growth over the long term".

Sees FY27 gross profit and adjusted EBITDA up in mid-single digits.

FY25 cont-op revenue was $2.01B. FY26 revenue consensus is $2.32B. Gross profit is now expected to grow at a rate of 19%-21% vs. prior guidance of mid-teens from FY25's $515.5M from continuing operations. Now expects adjusted EBITDA to increase 41%-43% over FY25 adjusted EBITDA of $141M from continuing operations.