Filing Flows › Eplus (PLUS) › Q3 FY26
Eplus (PLUS) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Feb 4, 2026
Eplus (PLUS) reported revenue of $615M for the third quarter fiscal 2026 (Q3 FY26), +25% from a year earlier and +1% from the quarter before. Operating margin was 7.1%, net earnings $35.1M (5.7% of revenue).
Eplus, Q3 FY26: revenue $615M (+25% year over year), operating margin 7.1%, net earnings $35.1M, operating cash flow −$87.4M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $615M | +1% | +25% |
| Gross profit | $159M | -2% | +27% |
| Operating profit | $43.5M | -11% | +164% |
| Net earnings | $35.1M | +0.6% | +45% |
| Operating cash flow | −$87.4M | — | — |
What changed
Revenue was $614.8M in Q3 FY26, up 25% year over year and up 1% from the previous quarter. Product Reporting Unit was the largest line at 82% of revenue. Product Reporting Unit added $122.4M year over year (up 32%), 101% of the total change. Professional Services Reporting Unit declined 8%.
Gross margin was 25.8%, up 0.4 points from a year earlier. Operating profit was $43.5M, a 7.1% margin (up 3.7 points year over year). Of the extra revenue versus a year earlier, 22% reached operating profit, above the 3% margin then. Operating expenses grew 6% against revenue growth of 25%. Net earnings were $35.1M, up 45% year over year. The effective tax rate was 25.8%.
Operating cash flow was −$87.4M. Non-cash charges added back $6.7M of depreciation and amortization and $3.4M of share-based compensation. Working capital and other items used $132.6M.
Questions
What was Eplus' revenue in the third quarter fiscal 2026?
Eplus (PLUS) reported revenue of $615M for the third quarter fiscal 2026 (Q3 FY26), +25% from a year earlier and +1% from the quarter before.
Was Eplus profitable in the third quarter fiscal 2026?
Operating profit was $43.5M (7.1% of revenue) and net earnings $35.1M.
Source: Eplus 10-Q on SEC EDGAR.