ePlus inc. (PLUS) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'26 | Q3'26 | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 |
|---|
| Sales/Revenue | 581.63M | 614.77M | 608.83M | 637.32M | 498.11M | 510.96M | 493.37M | 535.65M | 554.46M | 509.06M | 587.61M | 574.17M | 492.18M | 623.48M | 493.71M | 458.36M | 451.52M | 494.83M | 458.02M | 416.65M |
| Revenue Growth % | 16.77% | 20.32% | 23.4% | 18.98% | -10.16% | 0.38% | -16.04% | -6.71% | 12.65% | -18.35% | 19.02% | 25.27% | 9% | 26% | 7.79% | 10.01% | 28.05% | 15.72% | 5.76% | 17.36% |
| Cost of Goods Sold | 440.72M | 462.61M | 446.7M | 489.1M | 357.15M | 374.34M | 366.07M | 408.78M | 428.4M | 375.25M | 447.89M | 435.43M | 362.95M | 490.25M | 365.23M | 348.74M | 325.73M | 381.43M | 338.89M | 313.99M |
| COGS % of Revenue | 75.77% | 75.25% | 73.37% | 76.74% | 71.7% | 73.26% | 74.2% | 76.31% | 77.26% | 73.71% | 76.22% | 75.84% | 73.74% | 78.63% | 73.98% | 76.09% | 72.14% | 77.08% | 73.99% | 75.36% |
| Gross Profit | 140.92M | 152.16M | 162.12M | 148.22M | 140.97M | 136.63M | 127.3M | 126.87M | 126.06M | 133.81M | 139.72M | 138.75M | 129.23M | 133.22M | 128.48M | 109.61M | 125.79M | 113.4M | 119.13M | 102.66M |
| Gross Margin % | 24.23% | 24.75% | 26.63% | 23.26% | 28.3% | 26.74% | 25.8% | 23.69% | 22.74% | 26.29% | 23.78% | 24.16% | 26.26% | 21.37% | 26.02% | 23.91% | 27.86% | 22.92% | 26.01% | 24.64% |
| Gross Profit Growth % | -0.04% | 11.37% | 27.35% | 16.82% | 11.82% | 2.11% | -8.89% | -8.56% | -2.45% | 0.44% | 8.75% | 26.58% | 2.73% | 17.48% | 7.85% | 6.77% | 28.51% | 15.54% | 26.22% | 8.86% |
| Operating Expenses | 103.27M | 108.69M | 113.29M | 112.02M | 106.25M | 108.12M | 100.31M | 95.42M | 97.05M | 95.76M | 94.86M | 92.41M | 86.81M | 86.76M | 84.37M | 76.43M | 91.31M | 77.32M | 74.83M | 70.21M |
| OpEx % of Revenue | 17.76% | 17.68% | 18.61% | 17.58% | 21.33% | 21.16% | 20.33% | 17.81% | 17.5% | 18.81% | 16.14% | 16.1% | 17.64% | 13.92% | 17.09% | 16.68% | 20.22% | 15.62% | 16.34% | 16.85% |
| Selling, General & Admin | 103.27M | 108.69M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 89.38M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A % of Revenue | 17.76% | 17.68% | - | - | - | - | - | - | - | 17.56% | - | - | - | - | - | - | - | - | - | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 37.64M | 43.47M | 48.84M | 36.2M | 34.72M | 28.51M | 27M | 31.46M | 29.02M | 38.05M | 44.86M | 46.33M | 42.41M | 46.46M | 44.11M | 33.18M | 34.48M | 36.09M | 44.3M | 32.45M |
| Operating Margin % | 6.47% | 7.07% | 8.02% | 5.68% | 6.97% | 5.58% | 5.47% | 5.87% | 5.23% | 7.47% | 7.63% | 8.07% | 8.62% | 7.45% | 8.93% | 7.24% | 7.64% | 7.29% | 9.67% | 7.79% |
| Operating Income Growth % | 8.44% | 52.45% | 80.9% | 15.07% | 19.65% | -25.06% | -39.83% | -32.1% | -31.59% | -18.1% | 1.71% | 39.63% | 23.02% | 28.75% | -0.44% | 2.25% | 46.15% | 23.31% | 55.53% | 29.82% |
| EBITDA | 44.07M | 50.13M | 55.95M | 43.61M | 43.37M | 36.87M | 33.12M | 36.67M | 35.38M | 45.32M | 51.39M | 52.09M | 46.76M | 51.17M | 49.17M | 37.66M | 40.16M | 42.66M | 50.27M | 38.53M |
| EBITDA Margin % | 7.58% | 8.15% | 9.19% | 6.84% | 8.71% | 7.22% | 6.71% | 6.85% | 6.38% | 8.9% | 8.75% | 9.07% | 9.5% | 8.21% | 9.96% | 8.22% | 8.89% | 8.62% | 10.97% | 9.25% |
| EBITDA Growth % | 1.6% | 35.97% | 68.95% | 18.94% | 22.58% | -18.65% | -35.56% | -29.6% | -24.32% | -11.42% | 4.51% | 38.33% | 16.42% | 19.94% | -2.17% | -2.28% | 34.68% | 27.1% | 51.56% | 29.41% |
| D&A (Non-Cash Add-back) | 6.42M | 6.67M | 7.11M | 7.41M | 8.66M | 8.36M | 6.12M | 5.21M | 6.37M | 7.28M | 6.53M | 5.75M | 4.34M | 4.71M | 5.07M | 4.47M | 5.68M | 6.58M | 5.96M | 6.08M |
| EBIT | 37.64M | 45.59M | 54M | 41.75M | 33.7M | 28.54M | 28.04M | 35.21M | 29.24M | 39.4M | 45.52M | 46.88M | 42.74M | 47.77M | 44.78M | 33.41M | 35.31M | 36.42M | 44.5M | 32.69M |
| Net Interest Income | 0 | 0 | 3.9M | 0 | -572K | -517K | -537K | -585K | -723K | -983K | -1.22M | -851K | -1.27M | -1.57M | -925K | -363K | -641K | -561K | -342K | -359K |
| Interest Income | 0 | 0 | 3.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 0 | 0 | 0 | 0 | 572K | 517K | 537K | 585K | 723K | 983K | 1.22M | 851K | 1.27M | 1.57M | 925K | 363K | 641K | 561K | 342K | 359K |
| Other Income/Expense | -605K | 2.12M | 5.16M | 612K | 1.12M | 3.65M | 316K | 1.71M | 2.16M | 366K | 117K | 190K | -76K | 2.91M | -3.87M | -2.15M | -55K | -175K | -325K | 123K |
| Pretax Income | 37.04M | 45.59M | 54M | 36.81M | 35.84M | 32.16M | 27.31M | 33.17M | 31.18M | 38.41M | 44.98M | 46.52M | 42.34M | 49.37M | 40.24M | 31.03M | 34.42M | 35.91M | 43.98M | 32.58M |
| Pretax Margin % | 6.37% | 7.42% | 8.87% | 5.78% | 7.19% | 6.29% | 5.54% | 6.19% | 5.62% | 7.55% | 7.65% | 8.1% | 8.6% | 7.92% | 8.15% | 6.77% | 7.62% | 7.26% | 9.6% | 7.82% |
| Income Tax | 11.61M | 12.19M | 15.84M | 9.68M | 10.64M | 8.03M | 7.51M | 8.98M | 9.2M | 11.13M | 12.32M | 12.68M | 9.48M | 13.67M | 11.77M | 8.69M | 10.18M | 9.49M | 12.56M | 9.06M |
| Effective Tax Rate % | 31.34% | 26.74% | 29.33% | 26.31% | 29.7% | 24.96% | 27.51% | 27.06% | 29.49% | 28.98% | 27.38% | 27.25% | 22.4% | 27.69% | 29.25% | 28.01% | 29.56% | 26.42% | 28.57% | 27.8% |
| Net Income | 25.59M | 35.05M | 34.85M | 37.7M | 25.2M | 24.13M | 31.31M | 27.34M | 21.98M | 27.28M | 32.66M | 33.85M | 32.85M | 35.69M | 28.47M | 22.34M | 24.25M | 26.42M | 31.41M | 23.52M |
| Net Margin % | 4.4% | 5.7% | 5.73% | 5.92% | 5.06% | 4.72% | 6.35% | 5.1% | 3.96% | 5.36% | 5.56% | 5.89% | 6.68% | 5.73% | 5.77% | 4.87% | 5.37% | 5.34% | 6.86% | 5.64% |
| Net Income Growth % | 1.54% | 45.25% | 11.32% | 37.89% | 14.62% | -11.54% | -4.15% | -19.23% | -33.09% | -23.57% | 14.74% | 51.52% | 35.51% | 35.08% | -9.37% | -5.01% | 55.89% | 22.12% | 58.28% | 35.47% |
| Net Income (Continuing) | 25.43M | 33.4M | 38.16M | 27.13M | 25.2M | 24.13M | 19.8M | 24.19M | 21.98M | 27.28M | 32.66M | 33.85M | 32.85M | 35.69M | 28.47M | 22.34M | 24.25M | 26.42M | 31.41M | 23.52M |
| Discontinued Operations | 153K | 1000K | -1000K | 1000K | 0 | 0 | 1000K | 1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.97 | 1.33 | 1.32 | 1.26 | 0.95 | 0.91 | 1.17 | 1.02 | 0.82 | 1.02 | 1.22 | 1.27 | 1.23 | 1.34 | 1.07 | 0.84 | 0.91 | 0.98 | 1.17 | 0.87 |
| EPS Growth % | 2.11% | 46.15% | 12.82% | 23.53% | 15.85% | -10.78% | -4.1% | -19.68% | -33.33% | -23.88% | 14.02% | 51.19% | 35.16% | 36.73% | -8.55% | -3.45% | 56.9% | 20.99% | 58.11% | 33.85% |
| EPS (Basic) | 0.98 | 1.34 | 1.32 | 1.27 | 0.95 | 0.91 | 1.18 | 1.03 | 0.83 | 1.02 | 1.23 | 1.27 | 1.24 | 1.34 | 1.07 | 0.84 | 0.91 | 0.99 | 1.18 | 0.88 |
| Diluted Shares Outstanding | 26.26M | 26.29M | 26.41M | 26.38M | 26.62M | 26.62M | 26.68M | 26.8M | 26.81M | 26.7M | 26.68M | 26.65M | 26.7M | 26.65M | 26.62M | 26.68M | 26.7M | 26.93M | 26.86M | 26.88M |
| Basic Shares Outstanding | 26.13M | 26.17M | 26.36M | 26.27M | 26.5M | 26.5M | 26.57M | 26.64M | 26.64M | 26.62M | 26.62M | 26.55M | 26.59M | 26.59M | 26.58M | 26.51M | 26.55M | 26.67M | 26.66M | 26.67M |
| Dividend Payout Ratio | 25.53% | 18.65% | 18.91% | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |