New York, May 28, 2026, 04:13 (EDT)
- ePlus shares finished Wednesday at $89.19, gaining 2.59%. Market cap was about $2.33 billion.
- Eplus will release fiscal Q4 and year-end numbers after the bell Thursday, followed by a call with management at 4:30 p.m. ET.
- Market looks to see if AI, cloud, networking, and security demand is enough to make up for slower projects and memory-chip supply issues.
ePlus inc. will report fiscal year earnings with its stock trading under $90 as investors watch to see if demand for AI infrastructure is boosting sales. The Nasdaq-listed tech services firm ended Wednesday at $89.19, gaining 2.59%. Shares have climbed 33.18% over the past year.
Timing puts some focus on the report. ePlus plans to post earnings for the quarter and year to March 31 after markets shut on Thursday, with a call set for 4:30 p.m. ET. Nasdaq hours are 9:30 a.m. to 4 p.m. ET. Thursday is a regular trading day, Memorial Day on May 25 was the last holiday.
ePlus is looking ahead past this quarter. Back in February, the company boosted its fiscal 2026 forecast. It’s now expecting net sales from continuing operations to climb 20% to 22%, gross profit by 19% to 21%, and adjusted EBITDA up 41% to 43%. Adjusted EBITDA is a company-adjusted profit metric that leaves out interest, taxes, depreciation and amortization.
ePlus’s most recent quarter brought out some optimism. The company posted a 24.6% rise in fiscal third-quarter net sales to $614.8 million. Net earnings from continuing operations came in at $33.4 million, more than double last year’s figure. CEO Mark Marron called out “strong momentum” and better operating leverage on the platform. PR Newswire
AI stories are still coming. ePlus said on May 26 it’s launching a Private AI Infrastructure Managed Service, working with Digital Realty’s PlatformDIGITAL, Lenovo platforms, and Nvidia systems. The idea is to support companies that want to run private AI, with help for deployment, monitoring, and management.
ePlus VP Justin Mescher said customers want GPU infrastructure that scales but don’t want “the cost, complexity” of setting it up themselves. GPU stands for graphics-processing unit, which powers many AI workloads. Digital Realty’s Rick Moore also said building AI infrastructure brings “complexity and expense.” PR Newswire
Management is positioning AI as a tailwind now. “AI was somewhat of a headwind. We now see it as a tailwind,” Marron said on the February analyst call. He said customers are updating older systems and bringing in fresh networking, cloud, and security to handle AI work. Eplus
That’s what puts focus on Thursday’s release. Investors aren’t just watching headline revenue. They’ll be watching product sales, services revenue, gross margin and how orders fall across periods. Services matter for ePlus since managed and professional services help flatten revenue out, but hardware sales can move up or down with customer budgets and supply shifts.
Peers look stable ahead of ePlus earnings. In a Wednesday note, StockStory said Avnet and Connection both beat revenue estimates in IT distribution and solutions. Avnet shares climbed after its numbers, while Connection didn’t move. ePlus needs to prove demand hasn’t slipped.
But there’s risk on the table. Marron pointed out a memory-chip shortage and fast price jumps across the industry that could hit some deployments or stretch timelines. He noted some professional-services work for retail and consumer clients got pushed into the next fiscal year, saying customer budgets aren’t all moving in sync.
Capital returns are part of ePlus’s story, but take a back seat right now. The company declared a 25-cent quarterly dividend in February and repurchased over 200,000 shares in its fiscal third quarter, management said. But for the report Thursday, what matters more to investors is whether that cash focus still leaves room for AI infrastructure growth.
