EPlus Technology Sets New Records in Q4 2026, Fuelled by Strong Execution and Evolving Customer IT Needs
EPlus Technology has reported a stellar performance in its fourth quarter and full-year fiscal 2026 earnings call, with the company achieving meaningful milestones across the business. The strong execution of the team and the ability to meet evolving customer IT needs have driven double-digit growth across key revenue and operating metrics.
The company's momentum is evident in its record-breaking $3.8 billion in gross billings for the full year, representing a significant increase over previous years. In addition, EPlus Technology has experienced continued operational efficiencies, with fully diluted EPS from continuing operations increasing 53% on a year-over-year basis in Q4 2026 and 64% for the full year.
The company's focus on high-growth technology areas, particularly AI, cloud, data center, networking, and security, has yielded strong demand across its diverse customer base. EPlus Technology's integrated solutions-led approach continues to resonate with customers as they increasingly adopt AI-driven technologies and accelerate their digital transformation strategies.
Mark Marron, CEO and President of EPlus Technology, highlighted the company's ability to execute on plans for disciplined cost management, leveraging AI for internal efficiency and revenue growth initiatives. He also emphasized the importance of aligning resources to the highest growth opportunities, citing the company's recent divestiture of its domestic financing business as a strategic move to increase focus on IT markets.
The company's balance sheet remains healthy, with a cash balance of $411 million and increased working capital. EPlus Technology has also recently authorized an 8% increase in its quarterly dividend to $0.27 per share, reflecting long-term confidence in the business and the strength of its financial position.
As the company looks to build on this success and drive profitable growth in the year ahead, it is mindful of potential headwinds such as worldwide memory chip shortages and geopolitical issues. However, EPlus Technology remains optimistic about the core drivers of digital transformation and AI that are supportive of growth.
"I'm very pleased with our performance in fiscal year 2026," said Mark Marron. "Our results reflect the strength of our business model, our focus on high-growth technology areas, and our ability to execute consistently."
