PLXS · Plexus Corp - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.16M | $1.07M | $1.02M | $980.2K | $976.1K | $990.97M | $997.54M | $1.01B | $1.05B | $1.10B |
| Cost of Revenue | $1.04B | $963.71M | $915.02M | $882.42M | $875.43M | $866.34M | $878.84M | $894.47M | $927.96M | $967.83M |
| Gross Profit | $119.18M | $106.14M | $103.29M | $97.75M | $100.69M | $94.42M | $88.06M | $88.14M | $93.65M | $102.99M |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $57.34M | $51.67M | $49.68M | $48.96M | $49.15M | $45.95M | $47.55M | $42.98M | $42.35M | $46.05M |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $19.26M | $19.24M | - | - | $19.41M | - | - | $19.14M | - | - |
| Operating Income | $61.84M | $54.46M | $53.61M | $48.79M | $46.86M | $39.25M | $29.47M | $45.16M | $28.20M | $56.94M |
| Interest Expense | $3.42M | $2.89M | $2.50M | $3.14M | $3.55M | $7.39M | $8.29M | $7.62M | $8.23M | $8.29M |
| Income Tax | $8.07M | $9.85M | $4.72M | $5.95M | $6.23M | $5.16M | $2.73M | $5.63M | $1.58M | $6.96M |
| Net Income | $49.81M | $41.18M | $45.12M | $39.07M | $37.27M | $25.14M | $16.24M | $29.21M | $15.80M | $40.84M |
| EPS - Basic | $1.86 | $1.54 | $1.67 | $1.44 | $1.38 | $0.92 | $0.59 | $1.06 | $0.57 | $1.48 |
| EPS - Diluted | $1.82 | $1.51 | $1.64 | $1.41 | $1.34 | $0.91 | $0.58 | $1.04 | $0.56 | $1.45 |
Balance Sheet
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $303.13M | $248.82M | $306.46M | $310.53M | $317.16M | $345.11M | $265.05M | $231.98M | $256.23M | $269.66M |
| Accounts Receivable | $702.34M | $679.66M | $656.57M | $609.49M | $597.47M | $622.37M | $645.52M | $656.21M | $661.54M | $661.45M |
| Inventory | $1.37B | $1.31B | $1.23B | $1.28B | $1.29B | $1.31B | $1.52B | $1.58B | $1.56B | $1.65B |
| Accounts Payable | $851.91M | $745.64M | $726.60M | $680.08M | $666.12M | $606.38M | $627.43M | $647.39M | $646.61M | $729.23M |
| Current Assets | $2.64B | $2.46B | $2.40B | $2.40B | $2.39B | $2.48B | $2.63B | $2.65B | $2.67B | $2.78B |
| Total Assets | $3.36B | $3.19B | $3.14B | $3.09B | $3.07B | $3.15B | $3.28B | $3.30B | $3.32B | $3.38B |
| Current Liabilities | $1.71B | $1.54B | $1.52B | $1.57B | $1.57B | $1.64B | $1.74B | $1.74B | $1.81B | $1.92B |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $1.87B | $1.70B | $1.68B | $1.73B | $1.75B | $1.83B | $2.02B | $2.04B | $2.11B | $2.20B |
| Stockholders' Equity | $1.49B | $1.48B | $1.45B | $1.35B | $1.32B | $1.32B | $1.26B | $1.27B | $1.21B | $1.18B |
| Retained Earnings | $2.09B | $2.04B | $2.00B | $1.90B | $1.86B | $1.82B | $1.76B | $1.74B | $1.71B | $1.66B |
Cash Flow
| Line item | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | ($15.38M) | - | - | $53.64M | - | - | ($3.03M) | - | - |
| Investing Cash Flow | - | ($35.13M) | - | - | ($26.48M) | - | - | ($28.59M) | - | - |
| Financing Cash Flow | - | ($7.99M) | - | - | ($52.76M) | - | - | $5.76M | - | - |
| CapEx | - | $35.20M | - | - | $26.53M | - | - | $28.66M | - | - |
| Free Cash Flow | - | ($50.58M) | - | - | $27.11M | - | - | ($31.68M) | - | - |
Ratios
| Metric | Q2 '26 | Q1 '26 | Q3 '25 | Q2 '25 | Q1 '25 | Q3 '24 | Q2 '24 | Q1 '24 | Q3 '23 | Q2 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 10240.6% | 9920.8% | 10143.1% | 9972.9% | 10315.5% | 9.5% | 8.8% | 8.7% | 8.9% | 9.4% |
| Operating margin | 5313.6% | 5090.8% | 5264.4% | 4977.8% | 4800.6% | 4.0% | 3.0% | 4.5% | 2.7% | 5.2% |
| EBITDA margin | 6968.3% | 6888.8% | - | - | 6788.9% | - | - | 6.4% | - | - |
| Net margin | 4280.0% | 3849.3% | 4430.5% | 3986.3% | 3817.9% | 2.5% | 1.6% | 2.9% | 1.5% | 3.7% |
| Free cash flow margin | - | -4727.4% | - | - | 2777.2% | - | - | -3.1% | - | - |
| FCF / Net income | - | -1.23 | - | - | 0.73 | - | - | -1.08 | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 4927.1% | 4830.0% | 4878.7% | 4995.1% | 5035.1% | 4.6% | 4.8% | 4.3% | 4.0% | 4.2% |
| Effective tax rate | 13.9% | 19.3% | 9.5% | 13.2% | 14.3% | 17.0% | 14.4% | 16.2% | 9.1% | 14.6% |
| Return on assets | 1.5% | 1.3% | 1.4% | 1.3% | 1.2% | 0.8% | 0.5% | 0.9% | 0.5% | 1.2% |
| Return on equity | 3.3% | 2.8% | 3.1% | 2.9% | 2.8% | 1.9% | 1.3% | 2.3% | 1.3% | 3.5% |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 1.54 | 1.59 | 1.58 | 1.53 | 1.53 | 1.51 | 1.51 | 1.52 | 1.47 | 1.45 |
| Quick ratio | 0.74 | 0.75 | 0.77 | 0.71 | 0.70 | 0.71 | 0.64 | 0.62 | 0.61 | 0.59 |
| Cash ratio | 0.18 | 0.16 | 0.20 | 0.20 | 0.20 | 0.21 | 0.15 | 0.13 | 0.14 | 0.14 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | 18.1x | 18.9x | 21.4x | 15.6x | 13.2x | 5.3x | 3.6x | 5.9x | 3.4x | 6.9x |
| Equity multiplier | 2.26 | 2.15 | 2.16 | 2.28 | 2.33 | 2.38 | 2.60 | 2.61 | 2.73 | 2.86 |
| Liabilities / Assets | 0.56 | 0.54 | 0.54 | 0.56 | 0.57 | 0.58 | 0.62 | 0.62 | 0.63 | 0.65 |
| Efficiency | ||||||||||
| Asset turnover | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.31 | 0.30 | 0.31 | 0.32 | 0.32 |
| Inventory turnover | 0.76 | 0.74 | 0.74 | 0.69 | 0.68 | 0.66 | 0.58 | 0.57 | 0.59 | 0.59 |
| Days sales outstanding | 220281d | 231879d | 235341d | 226966d | 223411d | 229d | 236d | 238d | 230d | 220d |
| Days inventory outstanding | 480d | 494d | 491d | 530d | 538d | 553d | 631d | 643d | 614d | 622d |
| Days payable outstanding | 298d | 282d | 290d | 281d | 278d | 255d | 261d | 264d | 254d | 275d |
| Cash conversion cycle | 220463d | 232091d | 235541d | 227214d | 223671d | 526d | 606d | 616d | 590d | 567d |
| Valuation | ||||||||||
| P / E | 113.9x | 100.8x | 87.4x | 90.6x | 117.8x | 149.9x | 163.5x | 104.0x | 166.0x | 67.3x |
| P / B | 3.8x | 2.8x | 2.7x | 2.6x | 3.3x | 2.9x | 2.1x | 2.4x | 2.1x | 2.3x |
| P / S | 4865.9x | 3891.5x | 3873.6x | 3605.9x | 4487.9x | 3.8x | 2.7x | 3.0x | 2.5x | 2.5x |
| EV / EBITDA | 66.1x | 53.1x | - | - | 61.3x | - | - | 43.5x | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 18.7% | 9.6% | -99.9% | -99.9% | -99.9% | -5.4% | -9.1% | -10.1% | 3.4% | 19.4% |
| Revenue CAGR (3y) | -89.8% | -90.2% | -90.0% | -89.8% | -89.5% | 5.6% | 3.2% | 5.5% | 6.0% | 11.3% |
| Revenue CAGR (5y) | -73.6% | -73.7% | -74.1% | -73.8% | -74.4% | 3.5% | 4.0% | 4.6% | 7.6% | 9.4% |
| Gross profit growth (YoY) | 21.9% | 5.4% | 9.4% | 11.0% | 14.2% | 0.8% | -14.5% | -12.9% | 0.0% | 34.6% |
| Operating income growth (YoY) | 26.7% | 16.2% | 36.6% | 65.6% | 3.8% | 39.2% | -48.2% | -21.2% | -43.1% | 58.9% |
| Net income growth (YoY) | 27.5% | 10.5% | 79.5% | 140.6% | 27.6% | 59.1% | -60.2% | -30.8% | -57.9% | 52.0% |
| EPS growth (YoY) | 29.1% | 12.7% | 80.2% | 143.1% | 28.8% | 62.5% | -60.0% | -30.2% | -57.9% | 52.6% |
| EPS CAGR (3y) | 7.9% | 0.4% | 7.2% | 14.1% | 17.8% | -1.4% | -25.8% | -5.4% | -22.4% | 50.0% |
| EPS CAGR (5y) | 5.1% | 4.2% | 6.4% | 26.8% | 5.4% | 2.4% | -6.0% | 8.6% | -6.7% | 32.1% |
| FCF growth (YoY) | - | - | - | - | - | - | - | 55.9% | - | - |
| FCF CAGR (5y) | - | - | - | - | -15.0% | - | - | - | - | - |
| Book value growth (YoY) | 10.2% | 12.3% | 9.8% | 7.3% | 4.1% | 9.1% | 6.5% | 10.1% | 14.8% | 13.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2024-09-28.
Business segments
$698.43M totalAmericas Segment$329.60M · 47.2%
Asia Pacific Segment$271.91M · 38.9%
EMEASegment$96.93M · 13.9%
Peer comparison
Same SIC group: Printed Circuit Boards
Comparing PLEXUS CORP against the 5 most active filers in the same SIC group.