Every material Form 8-K ePlus has filed with the SEC since September 16, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
ePlus reported second-quarter fiscal 2027 results with net sales up 9.7% to $667.9 million and GAAP diluted earnings per share up 7.6% to $1.56, and raised its full-year fiscal 2027 guidance. Services revenue fell 2.4%, and the company also declared a $0.27 quarterly dividend and announced that General Counsel Erica Stoecker will retire, with Amanda Dupree succeeding her.
Net sales rose 9.7% to $667.9 million, while services revenues fell 2.4% to $120.8 million
GAAP diluted EPS rose 7.6% to $1.56; non-GAAP diluted EPS rose 19.0% to $1.82
Guidance raised to upper single-digit growth in net sales and gross profit and low double-digit growth in adjusted EBITDA for fiscal 2027
Quarterly dividend of $0.27 per share payable December 16, 2026, to holders of record on November 24, 2026
ePlus reported first-quarter fiscal 2027 results with net sales up 1.0% to $649.1 million, while net earnings from continuing operations fell 5.4% to $30.3 million and diluted EPS fell 4.1% to $1.16. The company reiterated its fiscal 2027 guidance and announced a $0.27 quarterly dividend and a new repurchase authorization of up to 1,500,000 shares.
Net sales rose 1.0% to $649.1 million, but gross profit fell 1.5% to $151.3 million and gross margin was 23.3% versus 23.9% a year earlier.
Net earnings from continuing operations fell 5.4% to $30.3 million; diluted EPS was $1.16 versus $1.21, and non-GAAP diluted EPS was $1.28 versus $1.41.
Fiscal 2027 guidance reiterated for year-over-year growth in the mid-single digits for net sales, gross profit and adjusted EBITDA.
Quarterly dividend of $0.27 per share, payable September 16, 2026 to holders of record on August 25, 2026; new buyback of up to 1,500,000 shares over 12 months starting August 11, 2026.
ePlus inc. increased its Board from eight to nine directors and appointed John M. Lutz, 64, to fill the new seat, effective July 6, 2026. Mr. Lutz was also named to the Audit and Compensation Committees and is considered independent under Nasdaq rules, which adds a new independent director to oversight committees.
John M. Lutz, 64, appointed to the Board on July 6, 2026, filling a newly created vacancy
Board size increased from eight to nine directors
Mr. Lutz joins the Audit Committee and the Compensation Committee
Compensation includes a pro-rata restricted stock grant under the ePlus 2024 Non-Employee Director Long-Term Incentive Plan
ePlus reported fourth-quarter fiscal 2026 net sales of $576.2 million, up 20.6%, and diluted earnings per share from continuing operations of $0.78, up 52.9%. Full-year net sales rose 22.1% to $2,442.5 million, and the company initiated fiscal 2027 guidance for mid-single-digit percentage growth in net sales, gross profit and adjusted EBITDA. The board also declared a quarterly dividend of $0.27 per share, an 8% increase, while gross margin fell to 24.6% from 26.5% in the fourth quarter.
Q4 net sales $576.2 million, up 20.6%; Q4 diluted EPS from continuing operations $0.78 vs. $0.51
Fiscal 2026 net sales $2,442.5 million, up 22.1%; net earnings from continuing operations $124.1 million, up 62.4%
Fiscal 2027 guidance: mid-single-digit percentage growth for net sales, gross profit and adjusted EBITDA
Quarterly dividend of $0.27 per share, payable June 30, 2026, to holders of record as of June 17, 2026
ePlus reported third-quarter fiscal 2026 results for the three months ended December 31, 2025, with net sales up 24.6% to $614.8 million and net earnings from continuing operations up 129.3% to $33.4 million. The company raised its fiscal 2026 guidance for net sales, gross profit and Adjusted EBITDA and declared a $0.25 quarterly dividend per share.
Q3 net earnings from continuing operations were $33.4 million, or $1.27 per diluted share, versus $0.55 a year earlier.
Nine-month net sales rose 22.2% to $1,860.9 million, and net earnings from continuing operations rose 68.5% to $98.7 million.
Fiscal 2026 net sales growth is now expected at 20% to 22%, up from the prior guidance of mid-teens; Adjusted EBITDA growth is now expected at 41% to 43%.
Quarterly dividend of $0.25 per share is payable March 18, 2026, to holders of record on February 24, 2026.
ePlus inc. increased its Board of Directors from seven to eight members and appointed Michael J. Portegello, 61, to fill the new seat, effective January 6, 2026. He also joined the Audit and Compensation Committees, and the Board determined he is independent under Nasdaq rules.
Board size increased from seven to eight directors on January 6, 2026, with Portegello filling the vacancy.
Portegello, 61, is a former Ernst & Young Global Client Service Partner and a Certified Public Accountant.
He will serve on the Audit and Compensation Committees and receive director pay, including a pro-rata restricted stock grant under the 2024 Non-Employee Director Long-Term Incentive Plan.
ePlus reported second-quarter fiscal 2026 net sales of $608.8 million, up 23.4%, and net earnings from continuing operations of $38.2 million, up 92.7%, and it raised its fiscal 2026 guidance for net sales, gross profit and Adjusted EBITDA. A $3.3 million loss from discontinued operations, tied to a $4.6 million contingent liability from the sold domestic financing business, partly offset these results. The board also declared a quarterly cash dividend of $0.25 per share.
Second-quarter net sales rose 23.4% to $608.8 million and gross profit rose 27.4% to $162.1 million.
Diluted EPS from continuing operations was $1.45, compared with $0.74 a year earlier.
Fiscal 2026 net sales are now expected to grow in the mid-teens from $2.01 billion in fiscal 2025.
The $0.25 dividend is payable December 17, 2025, to shareholders of record on November 25, 2025.
ePlus reported first-quarter fiscal 2026 results for the quarter ended June 30, 2025, with net sales up 19.0% to $637.3 million and diluted earnings per share from continuing operations up 14.4% to $1.03. The company raised its fiscal 2026 guidance and declared its first quarterly cash dividend of $0.25 per share, while also authorizing a new buyback of up to 1.5 million shares. For shareholders, the filing shows higher sales and earnings, a higher forecast, and a new cash return through dividends and repurchases.
Net sales rose 19.0% to $637.3 million; gross profit rose 16.8% to $148.2 million, and gross margin was 23.3% versus 23.7% a year earlier.
Diluted EPS from continuing operations was $1.03 versus $0.90; non-GAAP diluted EPS was $1.26 versus $1.01.
Fiscal 2026 guidance now calls for net sales growth in the upper single digits and adjusted EBITDA growth in the mid-teens.
Quarterly dividend of $0.25 per share is payable September 17, 2025, to holders of record on August 26, 2025; new buyback covers up to 1.5 million shares over 12 months starting August 11, 2025.
On July 18, 2025, ePlus director Ben Xiang resigned from the company's Board of Directors, effective immediately. He said the resignation was to focus on new career opportunities. The filing does not name a replacement or give any other details about the board change.
Ben Xiang resigned from the Board of Directors on July 18, 2025, effective immediately.
He cited new career opportunities as the reason for leaving the board.
The filing does not mention a successor or any financial effect.
ePlus closed the sale of its domestic financing business, which makes up the majority of its financing segment, to Marlin Leasing Corporation (dba PEAC Solutions) effective June 30, 2025, for a cash payment of approximately $180 million. The price is subject to a post-closing adjustment and possible earn-out payments. The company said it intends to update its fiscal 2026 guidance on its next earnings call, and the filing does not give revenue or profit figures for the business sold.
Cash payment of approximately $180 million for 100% of the membership interests of Expo Holdings, LLC, subject to a post-closing adjustment and potential earn-out payments
Transaction closed June 30, 2025; the company announced completion in a press release dated July 1, 2025
ePlus intends to update its fiscal 2026 guidance on its next earnings call
Pro forma financial information will be filed by amendment within four business days after closing
On June 20, 2025, ePlus entered into an agreement to sell HoldCo, which holds the majority of its financing business segment, to Marlin Leasing Corporation (dba PEAC Solutions) for approximately $180 million in cash, subject to post-closing adjustments. The deal also allows ePlus to receive a holdback premium and two earn-out payments tied to post-closing performance, and the company expects to close within 60 days. For shareholders, the sale would remove the financing segment from ePlus and, per management, provide capital for growth and acquisitions in technology and services.
Initial consideration of approximately $180 million in cash, based on HoldCo's estimated book value as of March 31, 2025, plus a $2,418,750 closing premium, less unpaid transaction expenses
Up to $2,956,250 in holdback premium payments based on customer lease receivable origination targets, plus two earn-outs measured over three 12-month periods; the Lease Originations Earn-Out is capped at $10 million
Closing is expected within 60 days; the HSR waiting period has expired, and either party may terminate if closing has not occurred by December 20, 2025
CEO Mark Marron said the sale gives ePlus incremental capital to focus on growth and acquisition opportunities in technology and services
ePlus reported fourth-quarter and fiscal 2025 results for the period ended March 31, 2025. In the quarter, net earnings and diluted EPS grew while net sales fell, and gross margin widened. For the full fiscal year, net sales, net earnings and EPS all declined, and the company initiated fiscal 2026 guidance for low single-digit net sales growth and mid-single-digit gross profit and adjusted EBITDA growth.
Q4 net sales fell 10.2% to $498.1 million, while net earnings rose 14.6% to $25.2 million and diluted EPS rose 15.9% to $0.95.
Fiscal 2025 net sales fell 7.0% to $2,068.8 million, net earnings fell 6.7% to $108.0 million, and diluted EPS fell 6.5% to $4.05.
Fiscal 2026 guidance calls for net sales growth of low single digits and gross profit and adjusted EBITDA growth in the mid-single digits.
Cash and cash equivalents were $389.4 million at March 31, 2025, up from $253.0 million a year earlier.
ePlus reported results for the three and nine months ended December 31, 2024, with third-quarter net sales up 0.4% to $511.0 million but net earnings down 11.5% to $24.1 million. The company updated its fiscal 2025 outlook to net sales of $2.07 billion to $2.11 billion and adjusted EBITDA of $165.0 million to $171.0 million, and the filing does not state the prior range, so the direction of the change is not stated.
Q3 net sales rose 0.4% to $511.0 million; net earnings fell 11.5% to $24.1 million
Q3 diluted EPS was $0.91 vs $1.02 a year earlier; non-GAAP diluted EPS was $1.06 vs $1.18
Nine-month net sales fell 6.0% to $1,570.7 million; net earnings fell 11.7% to $82.8 million
Fiscal 2025 net sales now expected at $2.07 billion to $2.11 billion; adjusted EBITDA at $165.0 million to $171.0 million
ePlus increased its board from seven to eight directors and appointed Melissa J. Ballenger, 54, to fill the new seat, effective January 3, 2025. She was also named to the Audit Committee, and the Board determined she is independent under Nasdaq rules. The change adds a director with finance and accounting experience, but the filing reports no financial results or changes to company operations.
Appointed to the Board on January 3, 2025, filling a newly created vacancy; board size rose from seven to eight
Appointed to the Audit Committee; the Board determined she is independent under Nasdaq Marketplace Rules
Previously served as CFO of Mosaic (2020 to 2023) and Cross River Bank (2019 to 2020), and as Principal Accounting Officer and Controller at Mastercard
Receives director compensation, pro-rata for 2025 partial-year service, including a pro-rata restricted stock grant under the 2024 Non-Employee Director Long-Term Incentive Plan
ePlus reported fiscal second-quarter results for the three months ended September 30, 2024, with net sales down 12.3% and diluted earnings per share down to $1.17 from $1.22. Consolidated gross profit rose 2.5%, helped by services and financing revenue, and the company now expects fiscal 2025 net sales similar to fiscal 2024 and adjusted EBITDA of $195 million to $205 million.
Q2 net sales fell 12.3% to $515.2 million; product sales fell 22.2% to $389.6 million, while services revenue rose 46.0% to $103.7 million
Consolidated gross profit rose 2.5% to $148.0 million, and gross margin was 28.7%, compared with 24.6% a year earlier
Net earnings fell 4.1% to $31.3 million; adjusted EBITDA fell 2.7% to $52.1 million
Fiscal 2025 guidance: net sales now expected to be similar to fiscal 2024; adjusted EBITDA now expected at $195 million to $205 million
At its September 12, 2024 annual meeting, ePlus shareholders approved the 2024 Non-Employee Director Long-Term Incentive Plan, which replaces the 2017 plan and authorizes restricted stock grants to non-employee directors. Shareholders also elected seven directors, approved the advisory vote on executive compensation, and ratified Deloitte & Touche LLP as the independent auditor for fiscal 2025.
Director equity plan approved: 22,599,821 for, 1,092,102 against, 109,239 abstain, 941,413 broker non-votes
Renée Bergeron received 23,068,248 for and 732,914 withheld; Ben Xiang received the lowest support at 22,258,653 for and 1,542,509 withheld
Deloitte & Touche LLP ratified for fiscal 2025: 24,358,251 for, 373,394 against, 10,930 abstain
Holders of 92.02% of eligible shares were present in person or by proxy
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