Slide 1: ePlus inc. Investor Presentation
ePlus inc. Investor Presentation February 4, 2026 © 2025 ePlus inc. Confidential and Proprietary.
Slide 2: Safe Harbor Statement
Safe Harbor Statement This investor presentation contains certain statements that are, or may be deemed to be, “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements in this investor presentation that are
Slide 3: Mark Marron, Chief Executive Officer
Mark Marron Chief Executive Officer © 2025 ePlus inc. Confidential and Proprietary. 3
Slide 4: By the Numbers
By the Numbers 30+ Years 11% $2.01B $3.28B as a leading, global Listed companies FY25 net sales* FY25 gross billings technology integrator in business for 30+ years 5,500+ 1,500+ 4,600+ 2,151 certifications OEM Vendor customers employees and Partnerships as of Mar 31, 2025 [1] accreditations *Result
Slide 5: Key Five Year CAGRs
Key Five Year CAGRs Fiscal Year 2021 – Fiscal Year 2025 Net sales* 7% Services revenue 19% Gross profit* 10% Diluted EPS from continuing operations* 12% Our growing portfolio of solutions and services has facilitated consistent top-and bottom-line growth, creating operating leverage for our business
Slide 6: Experienced Leadership Team
Experienced Leadership Team Mark Elaine Darren Marron Marion Raiguel Chief Executive Officer Chief Financial Officer Chief Operating Officer, Joined ePlus in 2005 Joined ePlus in 1998 President of ePlus 40+ Years of Experience 30+ Years of Experience Technology, inc. Joined ePlus in 1997 30+ Years o
Slide 7: Growing Global Capabilities
Growing Global Capabilities + 30+ locations serving customers around the world + Integration centers strategically placed in the U.S. + Resources and teams to implement globally and locally 7
Slide 8: Comprehensive Set of Solutions & Services
Comprehensive Set of Solutions & Services 8
Slide 9: Key Strategic Focus Areas
Key Strategic Focus Areas Cloud: Security: Artificial Journey to Compromise Intelligence: Modernization Nothing Ignite Modernize data center Go Beyond managing threats by Assess, enable, secure, infrastructures, extend capabilities, building an infrastructure that implement and amplify the accelerat
Slide 10: Broad Portfolio of ePlus Services
Broad Portfolio of ePlus Services Our services are PROFESSIONAL designed with CX in SERVICES mind, offering options MANAGED SERVICES ranging from STRATEGIZE ARCHITECT ADVISORY & consultative to managed, For more agility For better outcomes CONSULTING that help customers SERVICES realize the full val
Slide 11: Well Positioned within the IT Ecosystem
Well Positioned within the IT Ecosystem Our range of complex solutions and services places us in high end of the IT market Vendors Distributors VARs IT Solutions Services/Integrators 20 – 74% GM 6– 15% GM 18 – 23% GM 24 – 26% GM 30 – 33% GM Image result for cisco logo GROSS MARGIN 1 Increasing custo
Slide 12: Targeted M&A Strategy with Track Record of Success
Targeted M&A Strategy with Track Record of Success + September 2017 + January 2019 + August 2019 + December 2020 + Chicago and Indianapolis + Southern and central + Southern and Western + Upstate New York and the data centers Virginia Virginia Northeast + New geography and + Security managed service
Slide 13: Customer Experience Across Any Industry
Customer Experience Across Any Industry GOVERNMENT & TELECOM, FINANCIAL TECHNOLOGY EDUCATION ENTERTAINMENT SERVICES HEALTHCARE OTHER & MEDIA 13% 13% 27% 10% 13% 18% Percentages are based on net sales during the twelve months ended December 31, 2025. © 2025 ePlus inc. Confidential and Proprietary. 13
Slide 14: ePlus in Action
ePlus in Action CLO UD Children’s Hospital: Cloud Disaster SECURITY Industrial Manufacturing: vCISO Recovery Challenge: Significant security-related audit requirements arose Challenge: Current disaster recovery solution was unable to meet the without sufficient internal support resources to put poli
Slide 15: Elaine Marion, Chief Financial Officer
Elaine Marion Chief Financial Officer Results of our domestic financing business that was sold on June 30, 2025, are presented as discontinued operations for the current period and all prior periods. See appendix for further information on non-GAAP financial information and Pro Forma results. © 2025
Slide 16: Strong Financial Results
Strong Financial Results FYE March 31 / Trailing twelve months ended December 31, unaudited Pro Forma Net Sales* and Gross Billings ($mm) + Operations are conducted through three operating segments in which we sell Net Sales CAGR = 7% Net Sales Growth = 14% Gross Billings CAGR = 10% Gross Billings G
Slide 17: Strong Financial Results: Service Revenue
FYE March 31 / Trailing twelve months ended December 31, unaudited Strong Financial Results Service Revenue ($mm) Service Revenue CAGR = 19% Service Revenue Growth = 22% $458 + Professional services include advanced $400 $400 $185 35.0% $374 professional services, staff augmentation, $320 $171 $165
Slide 18: Strong Financial Results: Gross Profit
Strong Financial Results FYE March 31 / Trailing twelve months ended December 31, unaudited + Consolidated gross profit increased at a Pro Forma Gross Profit* ($mm) and Pro Forma Gross Margin* compounded annual rate of 10% from FY21 to $700 40.0% Gross Profit Growth* = 21% FY25. Gross Profit CAGR* =
Slide 19: Strong Financial Results: Net Earnings and EPS
Strong Financial Results FYE March 31 / Trailing twelve months ended December 31, unaudited Pro Forma Net Earnings* and Non-GAAP Net Earnings* from Continuing Operations + From FY21 to FY25, net earnings and $200 Net Earnings Growth* = 57% Net Earnings CAGR* = 12% diluted EPS from continuing operati
Slide 20: Strong Financial Results: Adjusted EBITDA
Strong Financial Results FYE March 31 / Trailing twelve months ended December 31, unaudited + Adjusted EBITDA represents net earnings from Pro Forma Adjusted EBITDA * ($mm) continuing operations before interest expense, depreciation and amortization, share based $250 25.0% Adj. EBITDA Growth* = 47%
Slide 21: Discontinued Operations
Discontinued Operations + On June 30, 2025, the Company sold its domestic financing business for cash proceeds of $180.1 million, and recognized a post-closing receivable of $7.8 million and a contingent consideration asset of $13.5 million. + For the three months ended December 31, 2025, Discontinu
Slide 22: Q3 FY26 Financial Results
Q3 FY26 Financial Results Pro Forma Net Sales* and Gross Billings ($mm) Pro Forma Gross Profit* and Gross Margin ($mm) Net Sales Growth* = 25% $250 40.0% $1,250 Gross Profit Growth* = 27% Gross Billings Growth* = 16% $982.1 $200 35.0% $1,000 $158.7 $849.5 $150 $125.1 30.0% $750 $614.8 $493.2 $100 25
Slide 23: Q3 YTD FY26 Financial Results
Q3 YTD FY26 Financial Results Pro Forma Net Sales* and Gross Billings ($mm) Pro Forma Gross Profit* and Gross Margin ($mm) $3,600 Net Sales Growth = 22% $600 Gross Profit Growth = 24% 40.0% Gross Billings Growth = 19% $2,957.5 $3,000 $500 $469.0 $2,491.5 35.0% $2,400 $400 $379.3 $1,860.9 30.0% $1,80
Slide 24: Growing Customer Facing Personnel
Growing Customer Facing Personnel Pro Forma Employee Headcount Growth by Function* + Acquiring consultative sales professionals to 2,500 2,151 2,166 bring successful business outcomes to our 6 6 customers. 2,000 355 17% 361 17% + Focused on growing engineering talent in 1,515 cloud, security, AI, an
Slide 25: Strong Balance Sheet
Strong Balance Sheet + $326 million in cash and equivalents + $500 million credit limit with Wells Fargo Commercial Distribution Finance, LLC (WFCDF) + ROIC 10.7% for the twelve months ended December 31, 20251 1 See details in Appendix – Return on Invested Capital * These results reflect our GAAP Ba
Slide 26: Fiscal Year 2026 Guidance
Fiscal Year 2026 Guidance Updated February 4, 2026 + This guidance does not factor in + Net sales growth 20% to 22% from fiscal year recessionary conditions or other 2025’s $2.01 billion from continuing operations*. unexpected developments. + Gross profit growth of 19% to 21% from fiscal year 2025’s
Slide 27: Q&A
Q&A Mark Marron Elaine Marion Chief Executive Officer Chief Financial Officer © 2025 ePlus inc. Confidential and Proprietary. 27
Slide 28: Appendix
Appendix © 2025 ePlus inc. Confidential and Proprietary.
Slide 29: Important Note Regarding Pro Forma Results
Important Note Regarding Pro Forma Results Previously, on June 30, 2025, ePlus inc. (the “Company”) filed a Current Report on Form 8-K (the “Transaction Form 8-K”), disclosing that the Company had completed the sale of 100% of the membership interests of Expo Holdings, LLC, a Delaware limited liabil
Slide 30: Reconciliation of Non-GAAP Information
Reconciliation of Non-GAAP Information We included reconciliations below for the following non-GAAP financial measures: (i) Adjusted EBITDA, (ii) Adjusted EBITDA Margin, (iii) non-GAAP Net Earnings, and (iv) non-GAAP Net Earnings per Common Share - Diluted. We define Adjusted EBITDA as net earnings
Slide 31: Non-GAAP Financial Information
Non-GAAP Financial Information $ in thousands, except per share information © 2025 ePlus inc. Confidential and Proprietary. 31
Slide 32: Non-GAAP Financial Information
Non-GAAP Financial Information $ in thousands, except per share information © 2025 ePlus inc. Confidential and Proprietary. 32
Slide 33: Return on Invested Capital
Return on Invested Capital $ in thousands © 2025 ePlus inc. Confidential and Proprietary. 33
Slide 34: Thank you!
Thank you! Customer First. Services Led. Results Driven. Investor Relations ePlus inc. Kley Parkhurst, SVP 13595 Dulles Technology Drive Herndon, VA 20171-3413 (703) 984-8150 investors@eplus.com (703) 984-8400 / eplus.com © 2025 ePlus inc. Confidential and Proprietary.