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ePlus reports 1% sales growth, strong managed services, and reaffirms 2027 guidance with $449M cash on hand

Company Fundamentals
04 Aug 2026
PRNewsWire
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Neutral
ePlus reports 1% sales growth, strong managed services, and reaffirms 2027 guidance with $449M cash on hand

ePlus inc. posted a 1.0% increase in net sales to $649.1 million for Q1 fiscal 2027, driven by a 15.1% rise in managed services revenue, which hit a record $51.3 million. Despite a slight decline in gross profit margin to 23.3%, the company highlighted strong growth in security and mid-market segments amid supply chain challenges. Net earnings from continuing operations fell 5.4% to $30.3 million, with adjusted EBITDA down 9.2%. ePlus reaffirmed its mid-single-digit growth guidance for fiscal 2027 and announced a $0.27 quarterly dividend and a new stock repurchase program, supported by a robust $449 million cash balance.

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