ePlus Q1 FY2026 net sales up 19% to $637M; initiates $0.25 quarterly dividend and new buyback

EPLUS INC

2026-Q1 EPS reported $1.43 revenue$637,315,000

Net sales $637.3M (+19% YoY); net earnings from continuing ops $27.1M (+12.1%); diluted EPS $1.03 (+14.4%).
Services revenues surged 48.8% to $116.3M; gross billings $952.8M (+14.3%).
First quarterly dividend: $0.25/share, payable Sept 17 to shareholders of record Aug 26; new buyback of up to 1.5M shares.
Closed sale of domestic financing business; discontinued ops net earnings $10.6M including $4.4M gain on sale.
FY2026 guidance raised: net sales growth upper single digits, gross profit upper single digits, adj. EBITDA mid-teens.

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