---
schema_version: "secwatch.filing_event.v1"
accession: "0001022408-22-000023"
form_type: "8-K"
ticker: "PLUS"
cik: "0001022408"
company_name: "EPLUS INC"
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T01:44:02.516201+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# ePlus Q1 revenue up 10% to $458.4M; GAAP EPS down 3.4%, non-GAAP up 1%

## Summary
- Net sales $458.4M (+10% YoY); technology segment net sales $448.8M (+12.1%).
- GAAP diluted EPS $0.84 (down 3.4% from $0.87); non-GAAP diluted EPS $0.99 (up 1.0% from $0.98).
- Adjusted EBITDA flat at $38.3M; gross margin 24.8% vs 25.3% (down 50 bps).
- Inventory up 59.2% from March 2022 due to supply chain constraints; cash $83.5M.
- Acquired assets of Future Com, Ltd. to expand security solutions in South-Central U.S.

## SEC filing metadata
- accession: 0001022408-22-000023
- form_type: 8-K
- ticker: PLUS
- cik: 0001022408
- company_name: EPLUS INC
- filed_at: 2022-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022408/000102240822000023/0001022408-22-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022408/000102240822000023/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001022408-22-000023
- JSON: https://secwatch.observer/filing/0001022408-22-000023.json
- Plain text: https://secwatch.observer/filing/0001022408-22-000023.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.