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

Eplus (PLUS) reported Cost of Revenue of $456.1 million for Q4 2025, up 23.9% on a YoY basis from $368.1 million in Q4 2024, and up 2.11% sequentially from $446.7 million in Q3 2025.

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

Eplus (PLUS) has 16 years of Cost of Revenue data on file, last reported at $456.1 million in Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue rose 23.9% year-over-year to $456.1 million; the trailing twelve-month figure through Dec 2025 stood at $1.8 billion (up 12.31% YoY), and the FY2024 full-year result was $1.7 billion, up 8.02% from the prior year.
  • Cost of Revenue grew to $456.1 million in Q4 2025, 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.
  • A 5-year average of $388.1 million and a median of $375.2 million in 2023 frame the typical range for Cost of Revenue.
  • Across the five-year window, Cost of Revenue jumped 31.97% in 2022 and slipped 22.65% in 2023, its largest moves.
  • Tracing PLUS's Cost of Revenue over 5 years: stood at $377.7 million in 2021, then advanced by 28.43% to $485.1 million in 2022, then retreated by 22.65% to $375.2 million in 2023, then fell by 1.89% to $368.1 million in 2024, then increased by 23.9% to $456.1 million in 2025.
  • Business Quant data shows PLUS's Cost of Revenue at $456.1 million in Q4 2025, $446.7 million in Q3 2025, and $489.1 million in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Sap Se 199.59 Bn 179.36 Bn 8.16 Bn 3.02 Bn
2 Full Truck Alliance 193.24 Bn 190.53 Bn - -
3 Shopify 164.78 Bn 159.04 Bn 1.55 Bn 1.62 Bn
4 Salesforce 150.52 Bn 138.68 Bn 8.56 Bn 2.57 Bn
5 Uber Technologies 139.79 Bn 138.58 Bn 5.95 Bn 7.26 Bn
6 ServiceNow 109.10 Bn 104.44 Bn 2.82 Bn 1.17 Bn
7 Automatic Data Processing 102.68 Bn 99.45 Bn 2.87 Bn 3.07 Bn
8 Adobe 95.80 Bn 90.17 Bn 5.90 Bn 715.00 Mn
9 Snowflake 93.75 Bn 90.79 Bn 926.45 Mn 464.50 Mn
10 Eplus 2.33 Bn 1.92 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