On this page of Benford's Law Stocks.com we present our study of EPLUS INC — ticker symbol PLUS. SEC filings have been screened by our Benford's Law software, for quarterly 10Q and annual 10K filings from 2/3/2021 to 11/6/2025 for EPLUS INC under CIK number 0001022408. For filings made in XBRL (eXtensible Business Reporting Language) format, our algorithm extracts all "tagged" numbers presented by the company; for any non-XBRL filings our algorithm uses its own interal set of rules to extract what it believes to be numbers as found throughout the filings. The format found for each filing is presented below together with the results for PLUS, with the percentage of found numbers beginning with each digit (1's, 2's, 3's, 4's, 5's, 6's, 7's, 8's, and 9's) charted against the "normal" range observed throughout our coverage universe, as well as the "normal" range for EPLUS INC based on the past PLUS filings our system processed in the past.
31.8
18.9
11.0
8.9
5.8
7.3
7.4
4.3
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
XBRL?   [ original filing, PLUS stockholder letter ]
Total numbers found: 811
Recent share count: 26,625,574 (2's column)

= Typical range across full coverage universe
Benford's Law Stocks Indicator
811
Normal count compared to other filers, falling within the middle 50%. At this number count, it would take about 8 numbers to move any given column by a full percentage point.
77

Starting from a possible score of 100, we made the following score deductions:
 • We deducted point upon observing the 5's percentage was below the typical coverage universe range.
 • We deducted point upon observing the 5's percentage was below the company's typical historical range.
 • The 6's percentage was higher than the 5's percentage, increasing the penalty multiplier.
 • We deducted point (includes the impact of penalty multiplier) upon observing the 6's percentage was above the company's typical historical range.
 • The 7's percentage was higher than the 6's percentage, increasing the penalty multiplier.
 • This is the 2nd column with percentage higher than the prior column, resulting in a penalty deduction.
 • We deducted points (includes the impact of penalty multiplier) upon observing the 7's percentage was above the typical coverage universe range.
 • The 9's percentage was higher than the 8's percentage, increasing the penalty multiplier.
 • This is the 3rd column with percentage higher than the prior column, resulting in a penalty deduction.
Benford's Law Stocks Indicator
PLUS
Normal-to-low score compared to other filers, falling within the bottom of the middle 50%.
NVEE
PAHC
PRAX
RELY
OVID
PFIS
PPIH
PRCT
Check our work! We provide our EPLUS INC Benford's Law analysis for informational purposes only, and our software should be expected to make mistakes and contain errors (nothing you see on this website should be relied upon for any decision-making without first repeating the analysis yourself independently), and so below we present to you all of the numbers our system detected, for the PLUS filing above. This way, you can open the filing on your own and compare what you see below against what you yourself find. This can also be helpful for exploring any columns in particular that caught your eye.

1's 2's 3's
We found 258 numbers that start with the digit 1. Here they are:
19,382
154,138
120,440
1,372,722
1,363,790
10,621
109,431
133,835
1,766,827
1,884,805
163,460
152,631
166,463
1,454
12,390
13,540
12,546
193,698
1,163
1,056
1,046,082
1,766,827
1,884,805
1,006,071
123,761
103,667
181,856
1,246,141
1,029,024
155,258
115,645
162,124
127,302
106,479
185,137
13,879
10,584
113,289
100,306
195,721
15,838
16,490
19,799
11,511
14,657
1.45
1.65
13
1.32
1.18
1.45
1.64
13
1.32
1.17
1,202
1,956
1,202
1,956
14,657
14,525
11,328
190
135
162,955
107,438
16,344
137,623
117,822
133,742
16
1,829
1,926
124,646
1,813
126,572
156,681
1,174
154,868
127,746
1,757
1,811
10,556
13,491
14,271
1,255
1,025
12,782
187,528
18,535
10,238
11,576
1,497
193,698
119
1
1
1,757
1,757
198,954
1,020,431
1,202
1,202
1,046,082
180,058
121
1
1
1
1,810
1,811
162
11,935
11,935
184,733
1
141
11,715
11,715
187,330
15,050
13,775
16.2
16,894
177,747
156.7
180.1
13.5
15,811
1,111
1,734
14,077
1,122
15,722
10,028
19,732
15,985
15,985
10,007
1,295
11,511
14,657
168,392
19,397
126,408
133,835
127,154
166,463
11,317
1,229
12,546
129,177
10
129,231
167,164
103,375
167,093
11,476
11,459
178,640
107,532
178,552
10.9
198
1,287
10
1.75
10.5
19,799
11,511
14,657
109
146
1.45
1.65
13
1.32
1.18
1.45
1.64
13
1.32
1.17
1,500,000
1,250,000
19.8
121,844
121,097
122,496
146,360
1,826
1,458
14.6
1.5
1.3
15.8
16.5
13,651
13,651
10.0
100
124.9
126.2
1.5
124,926
1,005,909
148,073
1,245,979
1,028,781
162
1,246,141
1,029,024
129
142
119,013
187,864
13,953
12,339
162,138
127,281
14
101
162,124
127,302
123,761
110,061
110,061
148,073
1,005,909
148,073
1,245,979
103,667
181,856
1,028,781
176,772
108,870
177,808
189,783
156,576
153,515
152,296
164,094
110,579
129,844
118,741
1,245,979
1,028,781
186,776
128,270
121,336
126,996
16,558
17,988
16,141
1,005,909
148,073
1,245,979
1,028,781
We found 153 numbers that start with the digit 2. Here they are:
26,438,876
23,990
28,500
222,399
202,927
202,858
281,833
22,463
2,000
26,565
26,526
277
276
202,012
240,070
254,176
211,426
225,305
26,996
2,027
27,312
25,522
2.48
28
2.76
2.20
2.47
28
2.75
2.19
26,362
26,567
26,316
26,604
26,406
26,676
26,407
26,750
2,877
2,945
2,877
2,945
227
22,555
23,551
2,307
253,021
2,676
272
26,526
276
29
26,627
277
2
26,565
277
202,012
26,952
274
23,811
2,280
29
2,866
2,866
27,339
27,339
26,940
276
2,348
2,597
2,597
2,877
2,877
26,798
276
27
2,813
23.4
21,800
2,390
20,689
28,296
263
20,357
20,357
2,743
222,399
2,812
27,456
202,858
202,927
2,549
245
2,813
2,416
200.0
26,362
26,567
26,316
26,604
26,406
26,676
26,407
26,750
2.48
28
2.76
2.20
2.47
28
2.75
2.19
250,234
275,773
246,948
200
2.50
28,665
28,915
2.34
2,530
2.7
25.5
29.3
28.1
27.5
27.3
21.0
258,233
258,233
280,067
280,067
2
20,669
243
29,428
225,495
29,172
25,583
27,487
25,173
254,075
21
254,176
240,070
226,423
286,969
210,482
258,156
258,567
28,315
22,304
We found 89 numbers that start with the digit 3. Here they are:
389,375
3,658
324,580
38,586
3,441
389,705
366,066
300,325
366,070
310,340
316
38,160
3,305
34,855
31,310
34,855
31,310
33,653
34,187
33,477
3,487
3,881
3,182
389,375
35,071
3,224
355
3,441
3,500
3,500
3,304
3,304
37,697
37,697
3,158
3,158
3,058
3,058
34,855
34,855
35,746
31,310
31,310
31
37
37
3,902
33.5
32.0
31,427
30,686
3,599
3,305
34,610
3,500
3,902
378
38,160
3,305
34,855
31,310
3.3
3.8
34,535
38,094
3,058
3.0
3.0
38,273
389,613
366,001
300,254
36,317
33,464
365,999
366,070
310,307
33
310,340
338,655
338,655
389,613
361,751
34,759
335,266
38,887
38,974
38,741
389,613
4's 5's 6's
We found 72 numbers that start with the digit 4. Here they are:
402,157
44,335
45,708
42,219
485,065
493,372
446,702
48,835
43,992
43
43
43,992
43,356
42,323
402,157
425
47
4,404
4,404
47,461
4.0
4.6
4,430
450
4,967
4,049
4,600
4,389
4,600
4,368
4,600
4,474
4,644
4,157
4.4
43,992
44
43
43
4.4
47,488
4,961
41,719
41,305
49.3
41.3
44.4
485,014
47,417
41,767
493,280
493,372
47,172
446,637
446,702
41,038
424,761
424,761
47,417
485,014
47,417
41,767
41,767
493,280
493,280
476,358
421,516
41,209
485,014
47,417
41,767
493,280
We found 47 numbers that start with the digit 5. Here they are:
516,925
50,000
5,397
5,765
58,455
5,163
5,775
53,998
58,649
55
55
58,649
58,649
5,321
522
59
56,198
545
5,397
5,225
507,052
516,925
5.9
59,032
537
5,639
5,700
54
5
5.3
500.0
58,649
55
55
52,450
5,321
5,856
5,856
58,010
58.0
51
58,141
57,504
57,325
50,958
50,958
54,988
We found 59 numbers that start with the digit 6. Here they are:
676,778
66,769
628,120
608,826
659,203
65,745
6,810
60,482
65,288
61,594
65,288
6,498
6,592
6,417
65,493
6,329
6,599
60
6,656
6,656
68
68
664,541
676,778
63,610
6,784
625
63,779
69
63,789
63,789
65,288
60,000
652
64.80
63.53
66.80
69.47
61.29
62.63
6,498
6,216
61,900
608,775
608,826
659,061
64,510
65
60,253
60,253
608,775
61,900
61,900
69,549
63,079
608,775
65,889
61,900
608,775
7's 8's 9's
We found 60 numbers that start with the digit 7. Here they are:
71,324
71,126
797,883
720,745
78,456
70,748
780,543
774,848
7,513
7,264
72,552
75
74
72,552
74,508
72,552
7,264
7,472
75,499
7,353
780
70,748
74,052
78,456
742,978
770,317
76.3
72.5
7.8
7,442
7,264
7,427
74,008
7,319
7,959
71,108
7,264
72,552
75
74
729
72.76
70.94
76.08
72,629
73.63
701
7.5
7,712
76,344
780,414
774,706
71
774,848
76,344
76,344
760,539
760,539
78,235
76,344
We found 35 numbers that start with the digit 8. Here they are:
82,007
89,527
80,235
81,759
850,956
847,168
80,636
85,035
86,986
850,956
888,653
801,627
8,564
81,967
8.2
89.5
896
83,621
8.7
846,925
82,677
89,359
895,848
895,848
86,386
86,386
82,677
846,925
82,677
87,246
82,285
84,484
89,214
846,925
82,677
We found 38 numbers that start with the digit 9. Here they are:
98,657
98,533
907,182
916,852
977,623
935,801
94,541
90,810
9,006
9,599
93
94
99
977,623
916,852
901,779
921,928
946,997
9,041
9,902
9,907
93,085
96,585
98.5
91
99,179
91,997
92
90,748
935,672
935,801
91,997
91,997
99,179
99,179
97,687
99,179
91,997
While the above PLUS 10Q Filed 11/6/2025 is interesting in isolation, we have found that it is also useful to take a look at older EPLUS INC filings processed by our Benford's Law Stocks algorithm, to see how the company's filings "typically look" on a Benford's Law analysis. Below we repeat the 10Q Filed 11/6/2025 but instead of the chart comparing against the typical company across our coverage universe, below we show the same chart compared against the typical PLUS 10Q and 10K filings that we have processed historically. This is followed by similar charts for each of those historical filings.

31.8
18.9
11.0
8.9
5.8
7.3
7.4
4.3
4.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 77
XBRL?   [ original filing ]
Total numbers found: 811

= Typical PLUS range from 2/3/2021 to 11/6/2025
32.0
18.6
12.9
9.7
5.6
5.6
5.9
4.3
5.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 1,169

= Typical PLUS range from 2/3/2021 to 11/6/2025
35.3
18.2
11.4
9.5
6.8
4.1
6.1
4.2
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 88
XBRL?   [ original filing ]
Total numbers found: 1,259

= Typical PLUS range from 2/3/2021 to 11/6/2025
28.9
16.3
12.8
10.3
7.9
6.3
5.7
6.7
5.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 826

= Typical PLUS range from 2/3/2021 to 11/6/2025
27.0
15.6
13.0
10.6
7.7
7.1
7.1
6.2
5.8
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 95
XBRL?   [ original filing ]
Total numbers found: 1,076

= Typical PLUS range from 2/3/2021 to 11/6/2025
30.4
16.8
13.0
9.9
7.5
5.7
5.4
6.0
5.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 96
XBRL?   [ original filing ]
Total numbers found: 1,150

= Typical PLUS range from 2/3/2021 to 11/6/2025
33.3
15.5
11.3
7.6
7.5
7.1
9.1
4.6
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 79
XBRL?   [ original filing ]
Total numbers found: 1,269

= Typical PLUS range from 2/3/2021 to 11/6/2025
30.9
15.7
13.4
11.9
4.7
6.5
7.4
3.4
6.1
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 65
XBRL?   [ original filing ]
Total numbers found: 554

= Typical PLUS range from 2/3/2021 to 11/6/2025
30.6
19.6
10.6
8.2
7.7
5.7
6.2
5.7
5.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 97
XBRL?   [ original filing ]
Total numbers found: 1,123

= Typical PLUS range from 2/3/2021 to 11/6/2025
32.5
17.9
12.1
9.4
7.6
4.5
5.9
5.6
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 1,137

= Typical PLUS range from 2/3/2021 to 11/6/2025
35.3
17.8
11.8
8.0
7.6
4.4
6.7
5.0
3.3
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 92
XBRL?   [ original filing ]
Total numbers found: 1,231

= Typical PLUS range from 2/3/2021 to 11/6/2025
24.1
15.7
16.0
11.2
7.2
8.0
6.8
6.4
4.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 69
XBRL?   [ original filing ]
Total numbers found: 776

= Typical PLUS range from 2/3/2021 to 11/6/2025
29.1
14.9
12.5
10.9
7.9
6.1
9.0
5.3
4.4
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 1,123

= Typical PLUS range from 2/3/2021 to 11/6/2025
30.8
15.3
12.2
11.1
7.1
6.9
5.7
5.4
5.5
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 98
XBRL?   [ original filing ]
Total numbers found: 1,160

= Typical PLUS range from 2/3/2021 to 11/6/2025
32.5
19.3
11.2
9.6
7.8
4.4
6.8
3.7
4.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 89
XBRL?   [ original filing ]
Total numbers found: 1,334

= Typical PLUS range from 2/3/2021 to 11/6/2025
29.3
17.1
12.9
11.4
7.0
5.8
6.3
4.1
6.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 82
XBRL?   [ original filing ]
Total numbers found: 813

= Typical PLUS range from 2/3/2021 to 11/6/2025
28.5
18.8
9.9
9.3
8.5
6.1
7.1
5.2
6.7
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 75
XBRL?   [ original filing ]
Total numbers found: 1,102

= Typical PLUS range from 2/3/2021 to 11/6/2025
33.9
16.3
13.3
8.4
8.7
5.2
5.2
5.4
3.6
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 90
XBRL?   [ original filing ]
Total numbers found: 1,106

= Typical PLUS range from 2/3/2021 to 11/6/2025
33.2
17.6
12.0
7.8
7.2
6.1
8.3
4.8
3.2
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 84
XBRL?   [ original filing ]
Total numbers found: 1,212

= Typical PLUS range from 2/3/2021 to 11/6/2025
29.0
14.5
14.9
9.2
7.6
7.4
9.4
4.1
3.9
 
%1 %2 %3 %4 %5 %6 %7 %8 %9
Benford's Law Stocks Score: 65
XBRL?   [ original filing ]
Total numbers found: 827

= Typical PLUS range from 2/3/2021 to 11/6/2025
 

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