Eplus Inc ( (PLUS) ) has released its Q2 earnings. Here is a breakdown of the information Eplus Inc presented to its investors.
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Eplus Inc. is a Delaware-based company that provides information technology solutions, consulting, professional, and managed services to medium and large enterprises, as well as state and local government and educational institutions in the United States and select international markets. The company recently transitioned to a pure-play technology solutions provider after divesting its domestic financing business.
Eplus Inc. reported strong financial results for the quarter ending September 30, 2025, with significant increases in net sales and net earnings compared to the same period last year. The company completed the sale of its financing business, which has allowed it to focus on its core technology solutions offerings.
Key financial highlights include a 23% increase in total net sales, reaching $608.8 million, driven by both product and service sales. Gross profit also saw a substantial rise, reaching $162.1 million, while operating income increased to $48.8 million. The company’s net earnings from continuing operations more than doubled to $38.2 million, reflecting its strategic shift and operational efficiency.
The company’s balance sheet remains robust, with total assets of $1.77 billion and stockholders’ equity of $1.05 billion. Eplus Inc. continues to invest in its workforce and technology offerings, as evidenced by its share-based compensation and ongoing share repurchase program.
Looking ahead, Eplus Inc. is well-positioned to capitalize on its strategic focus on technology solutions, with management expressing confidence in the company’s ability to navigate market challenges and continue its growth trajectory.