---
schema_version: "secwatch.filing_event.v1"
accession: "0001022408-24-000064"
form_type: "8-K"
ticker: "PLUS"
cik: "0001022408"
company_name: "EPLUS INC"
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:04:30.159516+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# ePlus Q1 FY2025 net sales fall 5.2% to $544.5M; diluted EPS $1.02 vs $1.27 prior year

## Summary
- Net sales $544.5M, down 5.2% YoY; technology segment net sales $535.5M (-5.3%) on lower product sales.
- Net earnings $27.3M, down 19.2%; adjusted EBITDA $43.1M, down 19.9% from $53.9M.
- Diluted EPS $1.02 (GAAP), non-GAAP $1.13; both declined ~20% versus Q1 FY2024.
- Cash and equivalents $349.9M, up from $253.0M; inventory fell 36.2% to $89.1M.
- FY2025 guidance reaffirmed: net sales growth 3-6%, adjusted EBITDA $200-215M.

## SEC filing metadata
- accession: 0001022408-24-000064
- form_type: 8-K
- ticker: PLUS
- cik: 0001022408
- company_name: EPLUS INC
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1022408/000102240824000064/0001022408-24-000064-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1022408/000102240824000064/8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001022408-24-000064
- JSON: https://secwatch.observer/filing/0001022408-24-000064.json
- Plain text: https://secwatch.observer/filing/0001022408-24-000064.txt

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