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ePlus Delivers Strong Q3 Results on AI Infrastructure Demand

Story Highlights
  • ePlus posted strong fiscal Q3 and nine‑month 2026 growth, with net sales, gross profit and earnings from continuing operations rising sharply on AI-driven infrastructure demand.
  • Following the sale of its domestic financing business, ePlus demonstrated operating leverage and cash generation, prompting its board to declare a $0.25 quarterly cash dividend for shareholders in March 2026.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ePlus Delivers Strong Q3 Results on AI Infrastructure Demand

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The latest update is out from Eplus ( (PLUS) ).

On February 4, 2026, ePlus reported robust results for its third quarter and first nine months of fiscal 2026, ended December 31, 2025, driven by strong demand for AI-related infrastructure across cloud, networking, security and other solution sets, particularly among large enterprises and an expanding mid-market base. Third-quarter consolidated net sales rose 24.6% year-on-year to $614.8 million, gross billings grew 15.6% to $982.1 million and gross profit climbed 26.8% to $158.7 million, while net earnings from continuing operations surged 129.3% to $33.4 million and diluted EPS from continuing operations increased to $1.27; for the first nine months, net sales advanced 22.2% to $1.86 billion, gross profit increased 23.7% to $469.0 million and net earnings from continuing operations rose 68.5% to $98.7 million, underscoring significant operating leverage following the June 30, 2025 sale of its domestic financing business. Reflecting confidence in its performance and cash generation, the board declared a quarterly cash dividend of $0.25 per common share payable March 18, 2026 to shareholders of record on February 24, 2026, and management noted that revenue gains were broad-based across product and services segments, even as certain professional services projects were delayed and margins in some service lines moderated due to mix shifts and acquisitions.

The most recent analyst rating on (PLUS) stock is a Buy with a $98.00 price target. To see the full list of analyst forecasts on Eplus stock, see the PLUS Stock Forecast page.

Spark’s Take on PLUS Stock

According to Spark, TipRanks’ AI Analyst, PLUS is a Outperform.

The score is driven primarily by strong fundamentals (growth, profitability, and low leverage) and a very positive earnings call with raised FY2026 guidance and operating leverage. This is tempered by weaker near-term technical momentum and only moderate valuation support given the modest dividend yield.

To see Spark’s full report on PLUS stock, click here.

More about Eplus

ePlus inc. (NASDAQ: PLUS), based in Herndon, Virginia, is a leading provider of technology solutions, offering products and services across cloud, compute, storage, networking, security, collaboration, professional services and managed services, with a strong focus on large enterprise and mid-market customers implementing modern infrastructure and AI-driven initiatives.

Average Trading Volume: 182,675

Technical Sentiment Signal: Strong Buy

Current Market Cap: $2.3B

See more data about PLUS stock on TipRanks’ Stock Analysis page.

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