Q2 2026 ePlus inc Earnings Call Transcript

Nov 6, 2025 / 09:30 PM GMT

Release Date Price: €63.5 (+0.79%)

Transcript 10-Q8-K

Key Points

Positve

ePlus Inc (PLUS) achieved a record $1 billion in gross billings for the quarter, indicating strong demand across its portfolio.
Consolidated net sales grew by 23.4%, with adjusted EBITDA increasing at more than twice the rate of net sales, showcasing effective operating leverage.
The company is investing in high-growth areas such as AI, security, and cloud, which are driving increased sales and customer base expansion.
ePlus Inc (PLUS) maintains a strong balance sheet with over $400 million in cash, providing flexibility for organic and inorganic growth.
Security products and services saw a 52% year-over-year increase in gross billings, highlighting the company's strength in this sector.

Negative

State and local government verticals experienced budget constraints, leading to weaker performance in this segment.
Professional services gross margin decreased due to the acquisition of Bailiwick, which had lower margins than legacy services.
Discontinued operations resulted in a net loss of $3.3 million compared to net earnings in the previous year.
Inventory days outstanding increased slightly, indicating potential inefficiencies in inventory management.
The effective tax rate increased to 29.3% from 27.5% in the previous year, impacting net earnings.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

PLUS.OQ - ePlus inc
Q2 2026 ePlus inc Earnings Call
Nov 06, 2025 / 09:30PM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good day ladies and gentlemen. Welcome to the E+ second quarter fiscal year 2026 earnings conference call. As a reminder, this conference call is being recorded.

After the speaker's remarks, there will be a question-and-answer session.

In order to ask a question, please press star one on your telephone keypad. To withdraw your question, press one again.

I would now like to introduce your host for today's conference, Amanda Dupree, associate general counsel. You may begin.

--------------------------------------------------------------------------------
Unidentified_2 [2]
--------------------------------------------------------------------------------
Thank you for joining us today. On the call is Marc

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

30-Day 100% money back guarantee

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.