ePlus (PLUS) Q1 Revenue Jumps 19%
ePlus (NASDAQ:PLUS), a technology solutions provider specializing in IT infrastructure, announced results for Q1 FY2026 on August 7, 2025. The company posted GAAP revenue of $637.3 million, beating analyst estimates of $523.9 million (GAAP), while delivering Non-GAAP earnings per share (EPS) of $1.26, well above the $1.06 non-GAAP expectation. Both revenue (GAAP) and EPS (non-GAAP) marked double-digit percentage growth compared to the prior year's quarter. These results also set all-time quarterly records for gross billings and net sales. In a pivotal move, ePlus initiated its first-ever quarterly dividend and launched a new share repurchase program. Overall, the quarter showed broad-based revenue expansion driven mainly by services and an enhanced capital return profile.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q4 2025 earnings report.
ePlus Inc. delivers a range of technology solutions, including consulting, cloud, security, managed services, and IT infrastructure products for commercial, healthcare, education, and government customers. The company forms strategic partnerships with major technology vendors like AWS, Cisco, Microsoft, and VMware, enabling IT to provide multi-vendor solutions tailored to diverse customer needs.
Source Fool.com
