Product was Eplus’s largest product and service line in fiscal 2023, bringing in $1.80B of $2.07B (87%).
| Product and Service | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
|---|---|---|---|---|---|---|---|
| Product | $1.40B | $1.37B | $1.58B | $1.80B | |||
| Services | — | — | $240.63M | $264.44M | |||
| Service | $193.12M | $202.17M | — | — | |||
| Total | $1.59B | $1.57B | $1.82B | $2.07B |
Eplus brought in $2.07B from its two product and service lines in fiscal 2023, the year ended March 31, 2023. That was up 13.5% from $1.82B in fiscal 2022. Product was the largest at $1.80B (87.2%), ahead of Services at $264.44M (12.8%).
Compared with fiscal 2022, Product grew 14.1% to $1.80B and Services grew 9.9% to $264.44M.
Eplus stopped reporting Service as a separate line after fiscal 2021, when it brought in $202.17M.
Product was Eplus’s largest segment in fiscal 2023, bringing in $1.75B of $2.07B (85%).
| Segment | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Product | — | — | $1.49B | $1.75B | |||||||||
| Refers To Technology Reporting Segment | $1.53B | $1.51B | — | — | |||||||||
| Refers To Technology Reporting Unit | — | — | — | — | |||||||||
| Technology Is A Reporting Unit | — | — | — | — | |||||||||
| Professional Services | — | — | $146.75M | $151.79M | |||||||||
| Managed Services | — | — | $93.88M | $112.66M | |||||||||
| Financing | — | — | $87.98M | $52.47M | |||||||||
| Refers To Financing Reporting Segment | $58.27M | $60.37M | — | — | |||||||||
| Financing Is A Reporting Unit | — | — | — | — | |||||||||
| Total | $1.59B | $1.57B | $1.82B | $2.07B |
Eplus brought in $2.07B from its four segments in fiscal 2023, the year ended March 31, 2023. That was up 13.5% from $1.82B in fiscal 2022. Product was the largest at $1.75B (84.7%), ahead of Professional Services at $151.79M (7.3%) and Managed Services at $112.66M (5.4%). The remaining segment, Financing, brought in $52.47M.
Compared with fiscal 2022, Managed Services grew fastest, up 20.0% to $112.66M, while Financing fell the most, down 40.4% to $52.47M.
Eplus began breaking out Product in fiscal 2022, Professional Services in fiscal 2022, Managed Services in fiscal 2022 and Financing in fiscal 2022. Eplus stopped reporting Refers To Technology Reporting Segment ($1.51B in fiscal 2021) and Refers To Financing Reporting Segment ($60.37M in fiscal 2021) as separate segments.
U.S was Eplus’s largest region in fiscal 2023, bringing in $1.95B of $2.07B (94%).
| Geography | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| U.S | $1.51B | $1.48B | $1.72B | $1.95B | |||||||||
| Non U.S | $80.08M | $91.86M | $104.49M | $114.25M | |||||||||
| Country Other Than The United States Of America | — | — | — | — | |||||||||
| Total | $1.59B | $1.57B | $1.82B | $2.07B |
Eplus brought in $2.07B from its two regions in fiscal 2023, the year ended March 31, 2023. That was up 13.5% from $1.82B in fiscal 2022. U.S was the largest at $1.95B (94.5%), ahead of Non U.S at $114.25M (5.5%).
Compared with fiscal 2022, U.S grew 13.8% to $1.95B and Non U.S grew 9.3% to $114.25M. From fiscal 2020 to 2023, combined revenue from these regions grew from $1.59B to $2.07B, a compound annual growth rate of 9.2%. U.S's share held steady at about 94.5%.
Eplus (PLUS) reports its revenue by product and service, by segment and by geography. In fiscal 2023, Product was its largest product and service line, bringing in $1.80B (87.2% of the total), followed by Services at $264.44M (12.8%).
Product was Eplus' largest product and service line in fiscal 2023, bringing in $1.80B, or 87.2% of the $2.07B total across its two product and service lines.
Product was Eplus' largest segment in fiscal 2023, bringing in $1.75B, or 84.7% of the $2.07B total across its four segments.
U.S was Eplus' largest region in fiscal 2023, bringing in $1.95B, or 94.5% of the $2.07B total across its two regions.
Product grew faster than Services in fiscal 2023, up 14.1% from $1.58B to $1.80B. Services grew 9.9% to $264.44M.
Every figure comes from Eplus' annual financial filings, as reported. Each line keeps the name Eplus gives it, and years follow its fiscal calendar.
Eplus' revenue by product and service goes back to fiscal 2017, with figures through fiscal 2023. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.