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| Date | Value |
|---|---|
| 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 |