Filing Flows › Eplus (PLUS) › Q4 FY26
Eplus (PLUS) Q4 FY26 earnings results (fourth quarter fiscal 2026)
10-K filed May 28, 2026
Eplus (PLUS) reported revenue of $582M for the fourth quarter fiscal 2026 (Q4 FY26), +22% from a year earlier and -5% from the quarter before. Operating margin was 6.5%, net earnings $25.0M (4.3% of revenue).
Eplus, Q4 FY26: revenue $582M (+22% year over year), operating margin 6.5%, net earnings $25.0M, operating cash flow $105M. The chart follows the revenue to costs, profit and cash.
| Q4 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $582M | -5% | +22% |
| Gross profit | $147M | -7% | +11% |
| Operating profit | $37.6M | -13% | +52% |
| Net earnings | $25.0M | -29% | +15% |
| Operating cash flow | $105M | — | -35% |
| Free cash flow | $104M | — | -35% |
What changed
Revenue was $581.6M in Q4 FY26, up 22% year over year and down 5% from the previous quarter. Product Reporting Unit was the largest line at 81% of revenue.
Gross margin was 25.3%, down 2.5 points from Q4 FY25. Operating profit was $37.6M, a 6.5% margin (up 1.3 points year over year). Of the extra revenue versus Q4 FY25, 12% reached operating profit, above the 5% margin then. Operating expenses grew 1% against revenue growth of 22%. Net earnings were $25.0M, up 15% year over year. The effective tax rate was 31.7%.
Operating cash flow was $105.0M (down 35% year over year), 419% of net earnings. Non-cash charges added back $6.4M of depreciation and amortization and $2.2M of share-based compensation. Working capital and other items added $71.3M. Capital expenditures of $1.2M left free cash flow of $103.8M.
Questions
What was Eplus' revenue in the fourth quarter fiscal 2026?
Eplus (PLUS) reported revenue of $582M for the fourth quarter fiscal 2026 (Q4 FY26), +22% from a year earlier and -5% from the quarter before.
Was Eplus profitable in the fourth quarter fiscal 2026?
Operating profit was $37.6M (6.5% of revenue) and net earnings $25.0M.
Source: Eplus 10-K on SEC EDGAR.