Filing Flows › Eplus (PLUS) › Q2 FY27 › vs Q2 FY26
Eplus (PLUS) Q2 FY27 vs Q2 FY26 (year over year)
Eplus's revenue rose $59.1M (+10%) from $609M in Q2 FY26 to $668M in Q2 FY27. The biggest changes: Product +$62.1M (+13%); Professional Services −$8.6M (-11%); Managed Services +$5.6M (+12%). Gross margin 27.0% against 26.6% (+0.4 pts).
Eplus, Q2 FY27: revenue $668M (+10% year over year), operating margin 8.5%, net earnings $40.4M, operating cash flow −$57.4M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q2 FY27 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 27.0% | 26.6% | +0.4 pts |
| Operating margin | 8.5% | 8.0% | +0.4 pts |
| Net margin | 6.0% | 5.7% | +0.3 pts |
Every line
| Line | Q2 FY27 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Product | $547M | $485M | $62.1M | +13% |
| Professional Services | $67.8M | $76.3M | −$8.6M | -11% |
| Managed Services | $53.1M | $47.4M | $5.6M | +12% |
| Revenue | $668M | $609M | $59.1M | +10% |
| Gross profit | $180M | $162M | $18.2M | +11% |
| Cost of revenue | $488M | $447M | $40.9M | +9% |
| Operating profit | $56.5M | $48.8M | $7.7M | +16% |
| Operating expenses | $124M | $113M | $10.5M | +9% |
| Pre-tax earnings | $56.0M | $50.7M | $5.3M | +10% |
| SG&A | $118M | $106M | $11.6M | +11% |
| Other operating costs | $5.7M | $6.8M | −$1.1M | -16% |
| Net earnings | $40.4M | $34.9M | $5.5M | +16% |
| Income tax | $15.6M | $15.8M | −$221K | -1% |
| Operating cash sources | $108M | $79.8M | $28.0M | +35% |
| Depreciation & amortization | $5.9M | $7.1M | −$1.2M | -17% |
| Share-based compensation | $4.1M | $3.1M | $1.0M | +34% |
| Cash used in operations | $57.4M | $34.8M | $22.6M | +65% |
| Working capital & other | $108M | $79.8M | $28.0M | +35% |
Questions
How much did Eplus's revenue grow year over year in Q2 FY27?
Eplus's revenue rose $59.1M (+10%) from $609M in Q2 FY26 to $668M in Q2 FY27.
What drove Eplus's revenue change in Q2 FY27?
Product +$62.1M (+13%); Professional Services −$8.6M (-11%); Managed Services +$5.6M (+12%).