Eplus Inc income statement
In fiscal 2026, Eplus Inc reported revenue of $2.44bn, up 22.1% on the year before, operating income of $166m (a 6.8% margin) and net income of $133m, or $5.03 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2010Mar 2010 | 2011Mar 2011 | 2012Mar 2012 | 2013Mar 2013 | 2014Mar 2014 | 2015Mar 2015 | 2016Mar 2016 | 2017Mar 2017 | 2018Mar 2018 | 2019Mar 2019 | 2020Mar 2020 | 2021Mar 2021 | 2022Mar 2022 | 2023Mar 2023 | 2024Mar 2024 | 2025Mar 2025 | 2026Mar 2026 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 551 | 719 | 826 | 983 | 1,058 | 1,143 | 1,204 | 1,332 | 1,419 | 1,373 | 1,588 | 1,568 | 1,821 | 2,068 | 2,178 | 2,000 | 2,443 | 2,454 |
| Cost of revenue | 411 | 552 | 646 | 767 | 828 | 899 | 942 | 1,032 | 1,095 | 1,042 | 1,197 | 1,175 | 1,360 | 1,550 | 1,667 | 1,488 | 1,826 | 1,835 |
| Gross profit | 140 | 167 | 180 | 205 | 217 | 245 | 262 | 300 | 323 | 330 | 391 | 394 | 461 | 518 | 512 | 512 | 616 | 619 |
| Selling, general and administrative | — | — | — | — | — | 167 | 179 | 205 | 228 | 237 | 279 | 271 | 297 | 334 | 356 | 387 | 423 | 425 |
| General and administrative | 14 | 15 | 20 | 20 | 20 | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Operating income | — | — | — | 59 | 60 | 71 | 76 | 86 | 84 | 80 | 95 | 106 | 147 | 166 | 134 | 100 | 166 | 169 |
| Interest expense | — | — | — | — | — | — | — | 2 | 1 | 2 | 3 | 2 | 2 | 4 | 4 | — | — | — |
| Provision for credit losses | — | — | — | −0 | 1 | 0 | −0 | 0 | 0 | 0 | 1 | 1 | −0 | 1 | 0 | 2 | 0 | 0 |
| Income before tax | 21 | 41 | 40 | 59 | 60 | 78 | 76 | 86 | 84 | 86 | 96 | 107 | 147 | 163 | 135 | 106 | 173 | 179 |
| Income tax | 8 | 17 | 16 | 24 | 25 | 32 | 31 | 36 | 29 | 23 | 27 | 33 | 41 | 44 | 38 | 30 | 49 | 51 |
| Net income | 13 | 24 | 23 | 35 | 35 | 46 | 45 | 51 | 55 | 63 | 69 | 74 | 106 | 119 | 118 | 105 | 133 | 125 |
| Diluted EPS | $0.38 | $0.69 | $0.70 | $1.08 | $1.09 | $1.55 | $1.52 | $1.80 | $1.98 | $2.33 | $2.57 | $2.77 | $3.93 | $4.48 | $4.41 | $3.93 | $5.03 | $4.76 |
| Diluted shares (average) | 34m | 33m | 32m | 32m | 32m | 30m | 29m | 28m | 28m | 27m | 27m | 27m | 27m | 27m | 27m | 27m | 26m | 26m |
| EBITDA | — | — | — | 71 | 75 | 86 | 92 | 97 | 100 | 98 | 114 | 126 | 172 | 185 | 156 | 127 | 194 | 195 |
| Quarter | 2025 Q2Sept 2024 | 2025 Q3Dec 2024 | 2025 Q4Mar 2025 | 2026 Q1Jun 2025 | 2026 Q2Sept 2025 | 2026 Q3Dec 2025 | 2026 Q4Mar 2026 | 2027 Q1Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 493 | 493 | 478 | 643 | 609 | 615 | 582 | 649 |
| Cost of revenue | 366 | 368 | 345 | 489 | 447 | 456 | 435 | 498 |
| Gross profit | 127 | 125 | 133 | 154 | 162 | 159 | 147 | 151 |
| Selling, general and administrative | 95 | 101 | 101 | 104 | 106 | 109 | 103 | 107 |
| Operating income | 27 | 16 | 25 | 43 | 49 | 43 | 38 | 39 |
| Provision for credit losses | 0 | 1 | 0 | 1 | −0 | 0 | −0 | 0 |
| Income before tax | 27 | 20 | 26 | 44 | 54 | 46 | 37 | 42 |
| Income tax | 8 | 5 | 8 | 12 | 16 | 12 | 12 | 12 |
| Net income | 31 | 24 | 22 | 43 | 35 | 35 | 25 | 30 |
| Diluted EPS | $1.17 | $0.91 | $0.83 | $1.61 | $1.32 | $1.33 | $0.95 | $1.16 |
| EBITDA | 33 | 24 | 33 | 50 | 56 | 50 | 44 | 45 |
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