Eplus (PLUS) Operating Expenses (2010 - 2025)
Eplus (PLUS) reported Operating Expenses of $115.2 million for Q4 2025, up 6.06% on a YoY basis from $108.6 million in Q4 2024, and up 1.68% sequentially from $113.3 million in Q3 2025.
Eplus (PLUS) Operating Expenses (2010 - 2025) Analysis & Trends
Eplus (PLUS) has 16 years of Operating Expenses data on file, last reported at $115.2 million in Q4 2025.
- For the quarter ending Q4 2025, Operating Expenses rose 6.06% year-over-year to $115.2 million; the trailing twelve-month figure through Mar 2026 stood at $340.5 million (up 11.88% YoY), and the FY2024 full-year result was $392.5 million, up 11.72% from the prior year.
- Operating Expenses improved to $115.2 million in Q4 2025, from $113.3 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $115.2 million in Q4 2025 to a low of $73.1 million in Q2 2021.
- A 5-year average of $93.5 million and a median of $95.4 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses decreased 0.68% in 2021 and increased 19.42% in 2023, its largest moves.
- Tracing PLUS's Operating Expenses over 5 years: stood at $81.0 million in 2021, then grew by 13.43% to $91.9 million in 2022, then climbed by 4.19% to $95.8 million in 2023, then rose by 13.41% to $108.6 million in 2024, then advanced by 6.06% to $115.2 million in 2025.
- Business Quant data shows PLUS's Operating Expenses at $115.2 million in Q4 2025, $113.3 million in Q3 2025, and $112.0 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 208.91 Bn | 189.27 Bn | 8.16 Bn | -7.98 Bn |
| 2 | Full Truck Alliance | 188.77 Bn | 186.13 Bn | - | -269.42 Mn |
| 3 | Shopify | 145.98 Bn | 140.23 Bn | 1.55 Bn | 1.16 Bn |
| 4 | Uber Technologies | 141.48 Bn | 140.44 Bn | 5.95 Bn | 11.28 Bn |
| 5 | Salesforce | 128.51 Bn | 116.67 Bn | 8.56 Bn | 6.22 Bn |
| 6 | ServiceNow | 98.38 Bn | 93.20 Bn | 2.82 Bn | 2.66 Bn |
| 7 | Automatic Data Processing | 97.56 Bn | 94.34 Bn | 2.87 Bn | 4.23 Bn |
| 8 | Snowflake | 91.55 Bn | 88.59 Bn | 926.45 Mn | 1.25 Bn |
| 9 | Cadence Design Systems | 89.91 Bn | 88.50 Bn | 1.41 Bn | 1.04 Bn |
| 10 | Eplus | 2.41 Bn | 2.00 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 115.19 Mn |
| Sep 30, 2025 | 113.29 Mn |
| Jun 30, 2025 | 112.02 Mn |
| Dec 31, 2024 | 108.61 Mn |
| Sep 30, 2024 | 100.31 Mn |
| Jun 30, 2024 | 95.42 Mn |
| Mar 31, 2024 | 101.33 Mn |
| Dec 31, 2023 | 95.76 Mn |
| Sep 30, 2023 | 99.50 Mn |
| Jun 30, 2023 | 95.94 Mn |
| Mar 31, 2023 | 89.91 Mn |
| Dec 31, 2022 | 91.91 Mn |
| Sep 30, 2022 | 89.20 Mn |
| Jun 30, 2022 | 80.34 Mn |
| Mar 31, 2022 | 80.88 Mn |
| Dec 31, 2021 | 81.03 Mn |
| Sep 30, 2021 | 78.70 Mn |
| Jun 30, 2021 | 73.06 Mn |
| Mar 31, 2021 | 74.29 Mn |
| Dec 31, 2020 | 68.89 Mn |