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| 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 |