ePlus posts strong Q2 FY2027 results and raises FY guidance
ePlus Inc. reported a 9.7% year‑over‑year increase in net sales to $667.9 million for the quarter ended September 30, 2026, and gross billings rose 4.3% to $1.0668 billion. Net earnings from continuing operations grew 5.8% to $40.4 million and adjusted EBITDA climbed 14.3% to $67.1 million. The company also announced the acquisition of assets and liabilities of Daymark Solutions and lifted its FY2027 outlook.
Why it matters
The higher earnings and EBITDA suggest improved profitability, which may support the raised FY2027 guidance and could influence investor expectations for future cash flow. The Daymark acquisition expands ePlus' capabilities in hybrid‑cloud and cybersecurity services, potentially adding revenue streams.
Key facts
- 1Net sales for the quarter were $667.9 million, up 9.7% from the prior year quarter. prnewswire.com
- 2Gross billings for the quarter were $1,066.8 million, a 4.3% increase year over year. prnewswire.com
- 3Gross margin for the quarter was 27.0%, compared with 26.6% in the same quarter last year. prnewswire.com
- 4Net earnings from continuing operations rose to $40.4 million, a 5.8% increase from the prior year quarter. prnewswire.com
- 5Adjusted EBITDA increased to $67.1 million, up 14.3% from the prior year quarter. prnewswire.com
- 6Cash on hand at quarter end was $381 million. prnewswire.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.