PLUS | Market Cap: $2.4B (07/13/26)
Industry:
IT Services

DESCRIPTION

ePlus is an IT solutions provider that designs, implements, and manages technology infrastructure for mid-market to large enterprises and government institutions. The company operates as a solutions integrator, assembling complex multi-vendor environments across AI, cloud, data center, networking, and security. ePlus holds high-level engineering certifications from vendors like Cisco, NVIDIA, and Microsoft to design integrated systems. ePlus operates through three segments: Product, Professional Services, and Managed Services. Product sales generate most revenue through the resale of third-party hardware and software. Professional services provide project-based consulting, while managed services offer recurring, subscription-based infrastructure monitoring and support. For subscription software and cloud services, ePlus records revenue on a net basis, recognizing only its agent fee. The company's growth strategy focuses on the convergence of AI, security, and cloud infrastructure. ePlus positions itself as an end-to-end AI infrastructure partner and uses M&A to acquire technical capabilities and geographic reach. The company serves approximately 4,200 customers, with Verizon representing 24% of net sales and the telecom vertical being its largest market.

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