---
title: "ePlus | 8-K: FY2027 Q1 Revenue Beats Estimate at USD 649.11 M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294878423.md"
datetime: "2026-08-04T22:01:14.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294878423.md)
  - [en](https://longbridge.com/en/news/294878423.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294878423.md)
---

# ePlus | 8-K: FY2027 Q1 Revenue Beats Estimate at USD 649.11 M

Revenue: As of FY2027 Q1, the actual value is USD 649.11 M, beating the estimate of USD 639.95 M.

EPS: As of FY2027 Q1, the actual value is USD 1.16.

EBIT: As of FY2027 Q1, the actual value is USD 41.96 M.

ePlus inc. reported its first quarter results for the period ended June 30, 2026, with comparisons to June 30, 2025.

#### Overall Financial Performance

-   Net sales increased 1.0% to $649.1 million from $642.8 million.
-   Gross billings rose 0.5% to $957.1 million from $952.8 million.
-   Gross profit decreased 1.5% to $151.3 million from $153.7 million, resulting in a gross profit margin of 23.3%, down from 23.9%.
-   Operating expenses increased 1.6% to $112.5 million from $110.7 million.
-   Operating income decreased 9.6% to $38.8 million.
-   Other income, net, was $3.1 million, up from $0.6 million.
-   Earnings from continuing operations before taxes decreased 3.7% to $42.0 million.
-   The effective tax rate was 27.8%, compared to 26.5% in the prior year quarter.
-   Net earnings from continuing operations decreased 5.4% to $30.3 million from $32.0 million.
-   Adjusted EBITDA decreased 9.2% to $47.8 million from $52.7 million.

#### Segment Revenue

-   Product segment sales increased 0.6% to $529.6 million from $526.4 million, driven by increases in networking, security, and collaboration products, partially offset by a decrease in cloud products.
-   Professional services segment revenues decreased 5.1% to $68.1 million from $71.7 million, primarily due to decreases in project services and staff augmentation.
-   Managed services segment revenue increased 15.1% to $51.3 million, mainly due to additional revenue from cloud managed services.

#### Segment Gross Profit Margins

-   Product segment gross profit margin was 21.0%, down from 21.3%.
-   Professional services segment gross profit margin decreased to 36.9% from 39.2%.
-   Managed services gross profit increased 11.3%, though its gross profit margin decreased to 29.4% from 30.4%.

#### Net Sales by Type

-   Networking net sales increased 2.5% to $223.7 million.
-   Cloud net sales decreased -12.7% to $180.7 million.
-   Security net sales increased 28.1% to $78.3 million.
-   Collaboration net sales increased 31.8% to $15.5 million.

#### Net Sales by Customer End Market

-   Telecom, media & entertainment net sales decreased -25.0% to $138.7 million.
-   Technology net sales increased 42.6% to $118.0 million.
-   SLED net sales decreased -11.8% to $79.9 million.
-   Healthcare net sales increased 6.6% to $79.2 million.
-   Financial services net sales increased 54.5% to $73.4 million.
-   Retail net sales increased 9.2% to $34.9 million.

#### Balance Sheet Highlights (as of June 30, 2026 vs. March 31, 2026)

-   Cash and cash equivalents were $448.9 million, up from $410.8 million.
-   Inventory decreased -27.3% to $146.0 million from $200.9 million.
-   Accounts receivable—trade, net increased 14.8% to $746.0 million from $650.0 million.
-   Total stockholders’ equity was $1,072.0 million, compared with $1,069.0 million.

#### Capital Allocation

-   ePlus inc. declared a quarterly cash dividend of $0.27 per common share, payable on September 16, 2026, to shareholders of record as of August 25, 2026.
-   A new stock repurchase program was authorized for up to 1,500,000 shares of common stock over a 12-month period, starting August 11, 2026.

#### Fiscal Year Guidance

ePlus inc. reiterated its fiscal year 2027 guidance, expecting mid-single-digit year-over-year growth in net sales, gross profit, and adjusted EBITDA. This guidance does not account for potential recessionary conditions or other unexpected developments.

### Related Stocks

- [PLUS.US](https://longbridge.com/en/quote/PLUS.US.md)

## Related News & Research

- [ePlus COO Darren S. Raiguel reports disposal of 1,000 common shares worth $90,699.21](https://longbridge.com/en/news/295707151.md)
- [ePlus Q1 net sales inch up, helped by managed services growth](https://longbridge.com/en/news/294868592.md)
- [ePlus CFO Elaine D. Marion disposes of common shares worth $685,879.77](https://longbridge.com/en/news/295010146.md)
- [ePlus publishes investor presentation highlighting FY26 $2.44 billion net sales and 18% services revenue CAGR](https://longbridge.com/en/news/294993074.md)
- [Eplus Inc Under the Microscope: Regulatory Disclosures Signal Heightened Compliance and Capital Structure Risks](https://longbridge.com/en/news/295082875.md)