ePlus inc. Q3 2026 Earnings Recap

ePlus reported a robust 24.6% increase in net sales to $615 million for Q3 2026, driven by strong demand in AI, cloud, and security sectors, alongside significant improvements in profitability.

Key Takeaways

• Net earnings surged 129.3% to $33.4 million, with adjusted EBITDA rising 97% to $53.4 million, showcasing effective operational execution.
• Product sales grew 32.2% year-over-year, particularly boosted by infrastructure modernization driven by AI initiatives.
• The company approved a quarterly dividend of $0.25 per share and repurchased over 200,000 shares, demonstrating capital return strategies.
• Continued growth anticipated in security gross billings, up 16.4% year-over-year, as customers prioritize cybersecurity amidst rising threat levels.
• ePlus remains well positioned for future growth, leveraging its strong balance sheet for strategic investments and acquisition opportunities in high-demand areas.