ePlus Posts 22% Annual Sales Growth, Boosts Dividend 8% to $0.27
PLUS•ePlus inc. reported Q4 net sales up 20.6% to $576.2 million and adjusted EBITDA rising 40.2% to $40.1 million, while fiscal 2026 sales grew 22.1% to $2.44 billion with EBITDA increasing 49.5% to $204.8 million. The board raised the quarterly dividend 8% to $0.27 and issued fiscal 2027 guidance.
1. Q4 Financial Performance
ePlus delivered Q4 net sales of $576.2 million, up 20.6% year over year, with gross billings rising 11.7% to $881.0 million. Gross profit increased 11.6% to $141.6 million and adjusted EBITDA climbed 40.2% to $40.1 million, driving net earnings per share of $0.78 from continuing operations.
2. Fiscal 2026 Results
For fiscal 2026, net sales grew 22.1% to $2,442.5 million and gross billings rose 17.0% to $3,838.5 million. Gross profit expanded 20.3% to $616.1 million, and adjusted EBITDA surged 49.5% to $204.8 million, while diluted EPS from continuing operations increased 64.1% to $4.71.
3. Dividend and Guidance
The board approved an 8% increase in the quarterly dividend to $0.27, reflecting strong cash generation and a $411 million cash balance. Management initiated fiscal 2027 guidance, emphasized AI consulting growth and share repurchase plans to enhance long-term shareholder value.
