Eplus (PLUS) Cost of Revenue (2010 - 2025)

Eplus' (PLUS) quarterly Cost of Revenue came in at $456.1 million in Q4 2025, up 23.9% year-on-year from $368.1 million in Q4 2024, and up 2.11% quarter-over-quarter from $446.7 million in Q3 2025.

Eplus (PLUS) Cost of Revenue (2010 - 2025) Analysis & Trends

Eplus has disclosed Cost of Revenue across 16 years of filings, most recently posting $456.1 million for Q4 2025.

  • Cost of Revenue for Q4 2025 came in at $456.1 million, up 23.9% year-over-year; the trailing twelve-month figure through Dec 2025 was $1.8 billion (up 12.31% YoY), and the FY2024 annual result was $1.7 billion, up 8.02% from the prior year.
  • Cost of Revenue came in at $456.1 million for Q4 2025 at Eplus, up from $446.7 million in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $489.1 million in Q2 2025 to a low of $254.7 million in Q1 2021.
  • The 5-year median for Cost of Revenue is $375.2 million (2023), against an average of $388.1 million.
  • Across the five-year window, Cost of Revenue jumped 31.97% in 2022 and slipped 22.65% in 2023, its largest moves.
  • Eplus' Cost of Revenue stood at $377.7 million in 2021, then climbed by 28.43% to $485.1 million in 2022, then decreased by 22.65% to $375.2 million in 2023, then retreated by 1.89% to $368.1 million in 2024, then rose by 23.9% to $456.1 million in 2025.
  • The last three Cost of Revenue figures came in at $456.1 million (Q4 2025), $446.7 million (Q3 2025), and $489.1 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 245.77 Bn 227.80 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 173.38 Bn 170.83 Bn - 55.33 Mn
3 Salesforce 149.14 Bn 137.30 Bn 8.56 Bn 3.77 Bn
4 Uber Technologies 141.25 Bn 140.21 Bn 11.88 Bn 1.33 Bn
5 Shopify 141.09 Bn 135.35 Bn 1.55 Bn 1.62 Bn
6 ServiceNow 109.96 Bn 104.78 Bn 2.83 Bn 940.00 Mn
7 Cadence Design Systems 104.55 Bn 103.15 Bn 1.26 Bn 211.49 Mn
8 Adobe 95.76 Bn 88.87 Bn 5.73 Bn 1.71 Bn
9 Automatic Data Processing 93.36 Bn 90.13 Bn 2.87 Bn 3.07 Bn
10 Eplus 2.19 Bn 1.78 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 456.12 Mn
Dec 31, 2025 456.12 Mn
Sep 30, 2025 446.70 Mn
Sep 30, 2025 446.70 Mn
Jun 30, 2025 489.10 Mn
Jun 30, 2025 489.10 Mn
Dec 31, 2024 368.14 Mn
Dec 31, 2024 368.14 Mn
Sep 30, 2024 366.07 Mn
Sep 30, 2024 366.07 Mn
Jun 30, 2024 408.78 Mn
Jun 30, 2024 408.78 Mn
Mar 31, 2024 424.12 Mn
Mar 31, 2024 424.12 Mn
Dec 31, 2023 375.25 Mn
Dec 31, 2023 375.25 Mn
Sep 30, 2023 443.25 Mn
Sep 30, 2023 443.25 Mn
Jun 30, 2023 431.90 Mn
Jun 30, 2023 431.90 Mn