Home / Business and Economy / ePlus Soars: AI Push Fuels $2.4B Revenue
ePlus Soars: AI Push Fuels $2.4B Revenue
5 Jun
Summary
- ePlus reported $2.44 billion revenue and $132.64 million net income.
- New AI offerings aim to boost recurring services and managed revenue.
- Fiscal 2027 guidance predicts mid-single-digit growth.
In late May and early June 2026, ePlus reported fiscal 2026 results, achieving US$2.44 billion in revenue and US$132.64 million in net income. The company has provided guidance for mid-single-digit growth in fiscal 2027 and declared a US$0.27 quarterly dividend.
Key to its future strategy, ePlus launched new AI-focused infrastructure and AgenticOps offerings, developed with partners like Cisco, NVIDIA, Digital Realty, Lenovo, and Splunk. By integrating its Private AI Infrastructure Managed Service with the new AgenticOps platform, ePlus aims to be a comprehensive partner for businesses seeking controlled, autonomous AI operations.
This strategic shift, particularly the AgenticOps collaboration with Cisco and NVIDIA, targets higher-value AI and security operations. The goal is to increase recurring services and managed offerings, thereby reducing reliance on project-based sales and fostering more predictable revenue streams. Investors are watching to see if these AI investments can effectively manage operating expenses and offset margin pressures.
