Earnings Releases·Nov 5, 2026, 4:25 PM ET

ePlus — Second Quarter Fiscal Year 2027 Earnings Summary

Net sales rose 9.7% year-over-year to $667.9 million for Q2 and 5.2% to $1,317.0 million for the first half, while gross billings hit a record $1,066.8 million in Q2 (up 4.3%) and $2,023.9 million for the first half (up 2.5%).
Adjusted EBITDA increased 14.3% to $67.1 million in Q2 and 3.2% to $114.9 million for the first half; management raised full-year fiscal 2027 guidance to expect net sales and gross profit growth in the upper single digits and adjusted EBITDA growth in the low double digits.
Strategic growth was driven by a 33.1% increase in cloud gross billings and 48.3% revenue growth in the financial services sector, though professional services revenue declined 11.3% in Q2 due to retail customer delays.
The company acquired assets of Daymark Solutions, declared a $0.27 quarterly cash dividend, and revised prior financial results to correct immaterial misstatements.