Filing Flows › Eplus (PLUS) › Q2 FY27
Eplus (PLUS) Q2 FY27 earnings results (second quarter fiscal 2027)
10-Q filed Nov 5, 2026
Eplus (PLUS) reported revenue of $668M for the second quarter fiscal 2027 (Q2 FY27), +10% from a year earlier and +3% from the quarter before. Operating margin was 8.5%, net earnings $40.4M (6.0% of revenue).
Eplus, Q2 FY27: revenue $668M (+10% year over year), operating margin 8.5%, net earnings $40.4M, operating cash flow −$57.4M. The chart follows the revenue to costs, profit and cash.
| Q2 FY27 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $668M | +3% | +10% |
| Gross profit | $180M | +19% | +11% |
| Operating profit | $56.5M | +46% | +16% |
| Net earnings | $40.4M | +33% | +16% |
| Operating cash flow | −$57.4M | -175% | — |
What changed
Revenue was $667.9M in Q2 FY27, up 10% year over year and up 3% from the previous quarter. Product was the largest line at 82% of revenue. Product added $62.1M year over year (up 13%), 105% of the total change. Professional Services declined 11%.
Gross margin was 27.0%, up 0.4 points from Q2 FY26. Operating profit was $56.5M, a 8.5% margin (up 0.4 points year over year). Of the extra revenue versus Q2 FY26, 13% reached operating profit, above the 8% margin then. Operating expenses grew 9% against revenue growth of 10%. The fastest-growing cost line was SG&A (+11%). Net earnings were $40.4M, up 16% year over year. The effective tax rate was 27.9%.
Operating cash flow was −$57.4M. Non-cash charges added back $5.9M of depreciation and amortization and $4.1M of share-based compensation. Working capital and other items used $107.8M. Capital expenditures of $1.5M exceeded it, leaving free cash flow of −$59.0M.
Questions
What was Eplus' revenue in the second quarter fiscal 2027?
Eplus (PLUS) reported revenue of $668M for the second quarter fiscal 2027 (Q2 FY27), +10% from a year earlier and +3% from the quarter before.
Was Eplus profitable in the second quarter fiscal 2027?
Operating profit was $56.5M (8.5% of revenue) and net earnings $40.4M.
Source: Eplus 10-Q on SEC EDGAR.