---
schema_version: "secwatch.filing_event.v1"
accession: "0001022408-23-000058"
form_type: "8-K"
ticker: "PLUS"
cik: "0001022408"
company_name: "EPLUS INC"
filed_at: "2023-08-07T23:59:59+00:00"
generated_at: "2026-06-12T03:39:13.532481+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# ePlus splits technology segment into product, professional, and managed services for reporting

## Summary
- New segments effective Q1 FY2024 (quarter ended June 30, 2023): product, professional services, managed services, plus financing.
- FY2023 recast tech revenue $2,015M (product $1,751M, professional $152M, managed $113M); financing $52M.
- FY2023 recast tech gross profit $474M (product $381M, professional $62M, managed $32M); financing $43M.
- Recast historical quarterly data for FY2022 and FY2023 provided in Exhibit 99.1; no restatement of prior consolidated statements.
- Change aims to better manage and allocate resources; professional and managed services are key growth areas.

## SEC filing metadata
- accession: 0001022408-23-000058
- form_type: 8-K
- ticker: PLUS
- cik: 0001022408
- company_name: EPLUS INC
- filed_at: 2023-08-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 7.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022408/000102240823000058/0001022408-23-000058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022408/000102240823000058/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001022408-23-000058
- JSON: https://secwatch.observer/filing/0001022408-23-000058.json
- Plain text: https://secwatch.observer/filing/0001022408-23-000058.txt

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