Saturday 17 October 2026 Export PLUS’s income statement to Excel — free account

ePlus inc.

ePlus inc.’s revenue for fiscal 2026 (year ended March 2026) was $2.4 billion, up 22.1% from fiscal 2025. In the quarter to June 2026, revenue was flat, EPS fell 18.2% and free cash flow grew 175.8%, each against the same quarter a year earlier.

94.16 0.81 −0.85%

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Market cap: $2.5B
P/E: 20.5×
Fwd P/E: 17.6×
Dividend yield: 1.10%
F-score: 6/9
Altman Z: 4.55
Beneish M: −1.60
Dividend safety: 55/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 2.10

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	1	—	1	—	—	2	—	2	4	3	2

Insider Ownership 1.61%

Capital & Financial Ratios $m

Market Cap 2,480.00

Revenue 2,448.89

Net Income 120.33

Free Cash Flow 54.83

Net Debt (448.85)

Current Ratio 2.13

Debt/Equity 0.00

P/E ratio 20.47

Fwd P/E 17.60

P/S ratio 1.00

P/B ratio 2.28

Past 5Y EPS Growth 12.67%

This Y EPS Growth 1.58%

Next Y EPS Growth 8.77%

Next Y revenue growth 4.69%

Next 5Y EPS Growth 2.18%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 87.69%

10-year low 10-year high

P/S against its own 10 years 93.51%

10-year low 10-year high

P/B against its own 10 years 57.28%

10-year low 10-year high

EV/Sales against its own 10 years 79.54%

10-year low 10-year high

EV/FCF against its own 10 years 73.10%

10-year low 10-year high

Dividends

Payout Ratio 0.23

Annual Dividend Rate 1.04

Annual Dividend Yield 1.10%

	total	individual payouts
2026	0.95	0.25 0.27 0.27
2025	0.92	0.25 0.25
2024	Powerpack
2023	Powerpack
2022	0.22	0.22
2021	1.42	0.83 0.59
2020	1.33	0.38 0.95
2019	0.89	0.62 0.27
2018	2.83	1.45 1.38
2017	0.89	0.65 0.24
2016	1.07	0.21 0.63 0.23

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2024	2025	2026	Q'26
Cash	253	389	411	449
Receivables	794	528	707	783
Inventory	140	120	201	146
Other	27	31	32	45
	1,274	1,358	1,428	1,501

	2024	2025	2026	Q'26
Payables	421	413	384	430
ST’ Debt	—	—	—	—
Other	35	22	37	221
	657	799	638	704

Compound Annual Growth %

	10y	5y	3y
Sales	7.33%	9.27%	5.71%
Cash Flow	0.00%	0.00%	0.00%
Earnings	11.48%	12.26%	3.58%
Book Value	12.86%	13.71%	10.97%

Revenue $m

	Jun	Sep	Dec	Mar	Year
’26	649	—	—	—	—
’26	643	609	615	576	2,443
’25	536	493	493	478	2,000
’24	574	588	509	507	2,178
’23	458	494	623	492	2,068
’22	417	458	495	452	1,821
’21	355	433	428	353	1,568

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Jun	Sep	Dec	Mar	Year
’26	76	—	—	—	—
’26	(99)	(35)	(87)	105	(116)
’25	97	(22)	66	161	302
’24	(21)	31	133	105	248
’23	(103)	(17)	(27)	132	(15)
’22	(65)	(70)	13	101	(21)
’21	6	2	(3)	124	130

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Jun	Sep	Dec	Mar	Year
’26	76	—	—	—	—
’26	(100)	(36)	(89)	104	(121)
’25	96	(23)	64	159	297
’24	(24)	30	131	105	241
’23	(105)	(14)	(30)	128	(21)
’22	(71)	(77)	9	118	(22)
’21	4	1	(4)	119	121

Fiscal quarters ending in the months shown.

EPS $

	Jun	Sep	Dec	Mar	Year
’26	1.16	—	—	—	—
’26	1.43	1.32	1.33	0.76	5.03
’25	1.02	1.17	0.91	0.95	4.05
’24	1.27	1.22	1.02	0.82	4.33
’23	0.84	1.07	1.34	1.23	4.48
’22	0.88	1.17	0.98	0.91	3.93
’21	0.65	0.74	0.81	0.58	2.77

Fiscal quarters ending in the months shown.

Group	Line	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027e
Price, $
Price, $	Low	27.14	32.76	33.50	21.27	40.84	40.37	41.71	56.33	53.83	73.09	Analyst estimates 2027–2029 Powerpack
	High	48.88	53.63	49.82	46.22	69.74	62.82	81.38	106.98	93.98	98.14
People
People	Employees	1,173	1,260	1,537	1,579	1,560	1,577	1,754	1,900	2,199	2,148
	Revenue/emp, $m	1.14	1.13	0.89	1.01	1.01	1.15	1.18	1.15	0.91	1.14
Income, $m
Income, $m	Revenue	1,332	1,419	1,373	1,588	1,568	1,821	2,068	2,178	2,000	2,443
	Gross margin, %	22.51	22.80	24.07	24.63	25.09	25.31	25.03	23.49	25.60	25.22
	EBT	86	84	86	96	107	147	163	135	106	173
	EBT margin, %	6.47	5.91	6.28	6.04	6.82	8.07	7.88	6.21	5.31	7.10
	Net income	51	55	63	69	74	106	119	118	105	133
	Depreciation	12	16	19	19	20	24	19	22	27	28
Per share, $
Per share, $	Revenue	48.02	51.44	51.04	59.59	58.80	68.36	77.82	81.86	75.47	93.11
	Earnings	1.83	2.00	2.35	2.59	2.79	3.96	4.49	4.35	4.07	5.05
	Cash flow	1.19	3.00	1.47	(2.78)	4.86	(0.77)	(0.58)	9.34	11.40	(4.43)
	Capex	(0.44)	0.02	(0.68)	(0.20)	(0.33)	(0.05)	(0.21)	(0.29)	(0.20)	(0.17)
	Free cash flow	0.75	3.02	0.78	(2.98)	4.53	(0.82)	(0.79)	9.05	11.20	(4.60)
	Book value	12.47	13.51	15.77	18.24	21.08	24.80	29.44	33.89	36.62	40.75
	Shares, m	28	28	27	27	27	27	27	27	27	26
Valuation, ×
Valuation, ×	P/E	18.50	18.98	19.36	12.09	17.89	14.16	10.92	17.65	14.96	15.48
	P/S	0.70	0.73	0.89	0.53	0.85	0.82	0.63	0.94	0.81	0.81
	P/B	2.71	2.80	2.88	1.72	2.36	2.26	1.67	2.27	1.67	1.85
	EV/Sales	0.63	0.66	0.84	0.47	0.78	0.74	0.58	0.83	0.62	0.64
	EV/FCF	39.98	11.22	54.76	(9.49)	10.08	(61.74)	(57.42)	7.49	4.17	(13.06)
Cash, $m
Cash, $m	Operating cash flow	33	83	39	(74)	130	(21)	(15)	248	302	(116)
	Capex	(12)	0	(18)	(5)	(9)	(1)	(6)	(8)	(5)	(4)
	Free cash flow	21	83	21	(79)	121	(22)	(21)	241	297	(121)
Balance, $m
Balance, $m	Working capital	221	215	231	263	318	437	534	617	559	790
	Total debt	10	10	11	6	18	10	10	13	11	—
	Net debt	(99)	(108)	(69)	(80)	(111)	(145)	(94)	(240)	(378)	(411)
	Shareholders’ equity	346	373	424	486	562	661	782	902	971	1,069
Returns, %
Returns, %	ROA	7.44	7.36	8.20	8.15	7.49	9.42	9.25	7.69	5.92	7.21
	ROIC	21.73	19.91	14.00	14.68	14.73	17.87	15.08	12.64	10.51	15.78
	ROE	15.21	15.34	15.86	15.18	14.19	17.27	16.54	14.01	11.17	13.01

Negative figures in brackets.

All 10 years →

Fiscal years to Mar 2026 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
VIA Via Transportation Inc.	$2.7B	— (loss-making)	— (loss-making)	+26.67% (above 0%: growing)	n/m	+28.02% (above 0%: growing)	40.98%	(16.03%)	Compare
KC Kingsoft Cloud Holdings Limited Sponsored ADR	$2.7B	— (loss-making)	— (loss-making)	+38.06% (above 0%: growing)	n/m	+43.68% (above 0%: growing)	15.18%	0.75%	Compare
GRND Grindr Inc.	$2.6B	28.2×	19.0×	+32.54% (above 0%: growing)	+25.00% (above 0%: growing)	+3.61% (above 0%: growing)	74.98%	23.53%	Compare
PLUS ePlus inc.	$2.5B	20.5×	17.6×	+0.99% (above 0%: growing)	−18.18% (below 0%: shrinking)	+175.78% (above 0%: growing)	23.31%	5.98%
ADEA Adeia Inc.	$2.4B	18.1×	40.6×	+12.11% (above 0%: growing)	+6.67% (above 0%: growing)	+94.36% (above 0%: growing)	100.00%	26.40%	Compare
ASAN Asana, Inc.	$2.4B	— (loss-making)	— (loss-making)	+9.90% (above 0%: growing)	n/m	+390.69% (above 0%: growing)	85.99%	(19.05%)	Compare
BLKB Blackbaud, Inc.	$2.3B	15.9×	9.0×	+3.04% (above 0%: growing)	+46.30% (above 0%: growing)	+46.16% (above 0%: growing)	61.31%	21.34%	Compare
BTDR Bitdeer Technologies Group	$2.3B	— (loss-making)	— (loss-making)	+47.05% (above 0%: growing)	n/m	+5.54% (above 0%: growing)	(3.73%)	(44.47%)	Compare
DBD Diebold Nixdorf, Incorporated	$2.3B	21.5×	—	+1.70% (above 0%: growing)	+36.36% (above 0%: growing)	−327.56% (below 0%: shrinking)	25.74%	6.17%	Compare
Median of peers	$2.4B	19.8×	19.0×	+19.39%	+30.68%	+35.85%	51.15%	3.46%

All 237 Software Application stocks →

ePlus inc. (PLUS) key facts

Strength: ePlus inc.’s revenue for fiscal 2026 (year ended March 2026) was $2.4 billion, up 22.1% from fiscal 2025.
ePlus inc. (PLUS) is a Software Application company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, PLUS traded at $94.16, a market capitalization of $2.5 billion.
ePlus inc. pays an annual dividend of $1.04 per share, a yield of 1.10%, with a payout ratio of 22.8%.
Return on equity was 13.0% and debt-to-equity 0.00.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 4.55 (safe zone) for fiscal 2026.