Plexus Corp

PLXS Nasdaq Printed Circuit Boards Financials FY2016–FY2025

Plexus Corp had $4.0B of revenue in fiscal 2025, up 1.8% on the year before. Over five years, revenue changed +2.9% a year on average.

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Last close · Oct 23, 2026

$216.98

1.7%

Earnings calendar · Plexus Corp

Every quarter, companies publish how much they sold and earned. These are the days Plexus Corp did it, and the next one. Share prices often move a lot on those days.

Next results

October 28, 2026

Wednesday · in 2 days

Time: After the market closes
Covers: Period ended Sep 30, 2026
Expected EPS: $2.26
Source: Earnings calendar

See who else reports that week →

Date	Results for	Time	Source
Jul 29, 2026	Q3 '26	After the market closes	8-K ↗
Apr 28, 2026	Q2 '26	Time not announced	8-K ↗
Jan 28, 2026	Q1 '26	After the market closes	8-K ↗
Oct 22, 2025	Q4 '25	After the market closes	8-K ↗
Jul 23, 2025	Q3 '25	After the market closes	8-K ↗
Apr 23, 2025	Q2 '25	After the market closes	8-K ↗
Jan 22, 2025	Q1 '25	After the market closes	8-K ↗
Oct 23, 2024	Q4 '24	After the market closes	8-K ↗

From SEC filings: the results press release (8-K) or, without one, the quarterly or annual report.

Results coming up

Results in 2 days

Plexus Corp will publish its results for the period ended Sep 30, 2026 on Wednesday October 28, 2026.

October 28, 2026
After the market closes
Date from the earnings calendar

Analysts expect EPS of $2.26

Consensus estimate, usually adjusted, so it may differ from the reported (GAAP) figure.

Last results Jul 29, 2026

Share prices often move a lot around results. Dates can change: the company’s own announcement is final. Not investment advice.

KIRA’s summary AI analyst

Hi! I read Plexus Corp’s latest annual report (fiscal 2025). Here is what stands out:

5 strengths

1.Sales and profit

See section →

Plexus Corp had $4.0B of revenue in fiscal 2025, up 1.8% on the year before. Over five years, revenue changed +2.9% a year on average.
Its operating margin was 5.0%, up 0.8 pts: of every 100 in sales, about 5 is left after running the business.
Plexus Corp made $173M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 12.1% a year.

2.Cash and shareholders

See section →

Free cash flow was $154M in fiscal 2025, 3.8% of revenue.
Plexus Corp returned $65.3M to shareholders in fiscal 2025, 42% of free cash flow. The diluted share count fell 1.0%.
In the last 12 months, insiders sold $24.3M of shares on the open market and bought none.

3.Financial health

See section →

Plexus Corp passes 8 of 8 financial health tests (Piotroski F-score).

Plexus Corp in 30 seconds

Good So-so Weak

Are sales growing?

+1.8%

Only a little. Sales grew 1.8% last year.

Does it make a profit?

4.3%

A little. It keeps 4.3% of every sale as profit.

Does profit turn into cash?

3.8%

Partly. 3.8% of sales ends up as free cash.

How healthy are the accounts?

8 / 8

Solid. It passes 8 of 8 health tests.

How is the share priced?

32.0x

One share costs 32.0 times its yearly profit per share.

Rules of thumb on reported numbers. A starting point, not a recommendation.

Key numbers, fiscal 2025

Market cap

$5.9B

Oct 23 close

P/E

32.0x

On $6.78 EPS (TTM)

Charts by

Sales and profit

Is it selling more, and how much does it keep?

Revenue and margins

KIRA · Plexus Corp had $4.0B of revenue in fiscal 2025, up 1.8% on the year before. Over five years, revenue changed +2.9% a year on average. Its operating margin was 5.0%, up 0.8 pts: of every 100 in sales, about 5 is left after running the business.

In plain words: Revenue is all the money customers paid. The margins show how many cents of each dollar of sales are left over at each step: after making the product (gross), after running the business (operating) and after everything, tax included (net).

Revenue

FY16

Revenue $2.6B

FY17

Revenue $2.5B

FY18

Revenue $2.9B

FY19

Revenue $3.3B

FY20

Revenue $3.5B

FY21

Revenue $3.5B

FY22

Revenue $3.9B

FY23

Revenue $4.2B

FY24

Revenue $4.0B

FY25

Revenue $4.0B

FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25

Revenue

Q4 '23

Revenue $945M

Q1 '24

Revenue $1.0M

Q2 '24

Revenue $1.0M

Q3 '24

Revenue $1.0M

Q4 '24

Revenue $4.0B

Q1 '25

Revenue $1.0M

Q2 '25

Revenue $1.0M

Q3 '25

Revenue $1.0M

Q4 '25

Revenue $4.0B

Q1 '26

Revenue $1.1M

Q2 '26

Revenue $1.2M

Q3 '26

Revenue $1.3M

Q4 '23 Q1 '24 Q2 '24 Q3 '24 Q4 '24 Q1 '25 Q2 '25 Q3 '25 Q4 '25 Q1 '26 Q2 '26 Q3 '26

Margins, % of revenue

FY16

Gross 8.9%

Operating 3.9%

Net 3.0%

FCF 3.8%

FY17

Gross 10.1%

Operating 5.1%

Net 4.4%

FCF 5.3%

FY18

Gross 9.0%

Operating 4.1%

Net 0.5%

FCF 0.1%

FY19

Gross 8.9%

Operating 4.3%

Net 3.3%

FCF 0.7%

FY20

Gross 8.9%

Operating 4.4%

Net 3.4%

FCF 4.6%

FY21

Gross 9.3%

Operating 5.1%

Net 4.0%

FCF 2.5%

FY22

Gross 8.8%

Operating 4.5%

Net 3.5%

FCF −3.3%

FY23

Gross 9.4%

Operating 4.7%

Net 3.3%

FCF 1.5%

FY24

Gross 9.6%

Operating 4.2%

Net 2.8%

FCF 8.6%

FY25

Gross 10.1%

Operating 5.0%

Net 4.3%

FCF 3.8%

FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25

Gross Operating Net FCF

Margins, % of revenue

Q4 '23

Gross 10.2%

Operating 5.6%

Net 4.3%

FCF 6.9%

Q1 '24

Gross 8,970.1%

Operating 4,595.8%

Net 2,973.2%

FCF −3,224.6%

Q2 '24

Gross 9,107.8%

Operating 3,047.9%

Net 1,679.5%

FCF 6,715.9%

Q3 '24

Gross 9,826.7%

Operating 4,084.7%

Net 2,616.6%

FCF 11,890.7%

Q4 '24

Gross 2.7%

Operating 1.4%

Net 1.0%

FCF 4.9%

Q1 '25

Gross 10,315.7%

Operating 4,800.7%

Net 3,817.9%

FCF 2,777.3%

Q2 '25

Gross 9,972.6%

Operating 4,977.7%

Net 3,986.2%

FCF 1,682.8%

Q3 '25

Gross 10,143.2%

Operating 5,264.5%

Net 4,430.5%

FCF 1,293.1%

Q4 '25

Gross 2.6%

Operating 1.3%

Net 1.3%

FCF 2.4%

Q1 '26

Gross 9,920.4%

Operating 5,090.6%

Net 3,849.1%

FCF −4,727.2%

Q2 '26

Gross 10,240.2%

Operating 5,313.4%

Net 4,279.9%

FCF 1,375.3%

Q3 '26

Gross 10,068.9%

Operating 4,695.0%

Net 3,295.0%

FCF −57.8%

Q4 '23 Q1 '24 Q2 '24 Q3 '24 Q4 '24 Q1 '25 Q2 '25 Q3 '25 Q4 '25 Q1 '26 Q2 '26 Q3 '26

Gross Operating Net FCF

Net income and earnings per share

KIRA · Plexus Corp made $173M of net profit in fiscal 2025. From fiscal 2016 to 2025, diluted EPS grew 12.1% a year.

Loss periods are shown in red.

In plain words: Net income is the profit left after every cost and tax. Earnings per share (EPS) splits that profit across every share, so it shows what one share earned.

Net income

FY16

Net income $76.4M

FY17

Net income $112M

FY18

Net income $13.0M

FY19

Net income $109M

FY20

Net income $117M

FY21

Net income $139M

FY22

Net income $138M

FY23

Net income $139M

FY24

Net income $112M

FY25

Net income $173M

FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25

Net income

Q4 '23

Net income $40.3M

Q1 '24

Net income $29.2M

Q2 '24

Net income $16.2M

Q3 '24

Net income $25.1M

Q4 '24

Net income $41.2M

Q1 '25

Net income $37.3M

Q2 '25

Net income $39.1M

Q3 '25

Net income $45.1M

Q4 '25

Net income $51.4M

Q1 '26

Net income $41.2M

Q2 '26

Net income $49.8M

Q3 '26

Net income $43.0M

Q4 '23 Q1 '24 Q2 '24 Q3 '24 Q4 '24 Q1 '25 Q2 '25 Q3 '25 Q4 '25 Q1 '26 Q2 '26 Q3 '26

Diluted EPS

FY16

Diluted EPS $2.24

FY17

Diluted EPS $3.24

FY18

Diluted EPS $0.38

FY19

Diluted EPS $3.50

FY20

Diluted EPS $3.93

FY21

Diluted EPS $4.76

FY22

Diluted EPS $4.86

FY23

Diluted EPS $4.95

FY24

Diluted EPS $4.01

FY25

Diluted EPS $6.26

FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25

Diluted EPS

Q4 '23

Diluted EPS $1.45

Q1 '24

Diluted EPS $1.04

Q2 '24

Diluted EPS $0.58

Q3 '24

Diluted EPS $0.91

Q4 '24

Diluted EPS $1.48

Q1 '25

Diluted EPS $1.34

Q2 '25

Diluted EPS $1.41

Q3 '25

Diluted EPS $1.64

Q4 '25

Diluted EPS $1.87

Q1 '26

Diluted EPS $1.51

Q2 '26

Diluted EPS $1.82

Q3 '26

Diluted EPS $1.58

Q4 '23 Q1 '24 Q2 '24 Q3 '24 Q4 '24 Q1 '25 Q2 '25 Q3 '25 Q4 '25 Q1 '26 Q2 '26 Q3 '26

Cash and shareholders

How much cash comes in, and where does it go?

Cash flow

KIRA · Free cash flow was $154M in fiscal 2025, 3.8% of revenue.

Cash from operations minus capital spending.

In plain words: Profit on paper is not the same as cash in the bank. Free cash flow is the cash left after paying to run and maintain the business: the money it can hand back to shareholders, save or invest.

Free cash flow

FY16

Free cash flow $96.6M

FY17

Free cash flow $133M

FY18

Free cash flow $4.1M

FY19

Free cash flow $24.7M

FY20

Free cash flow $160M

FY21

Free cash flow $85.5M

FY22

Free cash flow −$128M

FY23

Free cash flow $61.8M

FY24

Free cash flow $341M

FY25

Free cash flow $154M

FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25

Free cash flow

Q4 '23

Free cash flow $65.6M

Q1 '24

Free cash flow −$31.7M

Q2 '24

Free cash flow $64.9M

Q3 '24

Free cash flow $114M

Q4 '24

Free cash flow $194M

Q1 '25

Free cash flow $27.1M

Q2 '25

Free cash flow $16.5M

Q3 '25

Free cash flow $13.2M

Q4 '25

Free cash flow $97.2M

Q1 '26

Free cash flow −$50.6M

Q2 '26

Free cash flow $16.0M

Q3 '26

Free cash flow −$0.8M

Q4 '23 Q1 '24 Q2 '24 Q3 '24 Q4 '24 Q1 '25 Q2 '25 Q3 '25 Q4 '25 Q1 '26 Q2 '26 Q3 '26

Cash from operations vs capital spending

FY16

Cash from operations $128M

Capital spending $31.1M

FY17

Cash from operations $172M

Capital spending $38.5M

FY18

Cash from operations $66.8M

Capital spending $62.8M

FY19

Cash from operations $115M

Capital spending $90.6M

FY20

Cash from operations $210M

Capital spending $50.1M

FY21

Cash from operations $143M

Capital spending $57.1M

FY22

Cash from operations −$26.2M

Capital spending $102M

FY23

Cash from operations $166M

Capital spending $104M

FY24

Cash from operations $437M

Capital spending $95.2M

FY25

Cash from operations $249M

Capital spending $95.3M

FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25

Cash from operations Capital spending

Cash from operations vs capital spending

Q4 '23

Cash from operations $89.8M

Capital spending $24.3M

Q1 '24

Cash from operations −$3.0M

Capital spending $28.7M

Q2 '24

Cash from operations $87.8M

Capital spending $22.9M

Q3 '24

Cash from operations $132M

Capital spending $17.4M

Q4 '24

Cash from operations $220M

Capital spending $26.3M

Q1 '25

Cash from operations $53.6M

Capital spending $26.5M

Q2 '25

Cash from operations $36.7M

Capital spending $20.2M

Q3 '25

Cash from operations $26.9M

Capital spending $13.7M

Q4 '25

Cash from operations $132M

Capital spending $34.8M

Q1 '26

Cash from operations −$15.4M

Capital spending $35.2M

Q2 '26

Cash from operations $28.5M

Capital spending $12.5M

Q3 '26

Cash from operations $25.9M

Capital spending $26.7M

Q4 '23 Q1 '24 Q2 '24 Q3 '24 Q4 '24 Q1 '25 Q2 '25 Q3 '25 Q4 '25 Q1 '26 Q2 '26 Q3 '26

Cash from operations Capital spending

Dividends, buybacks and share count

KIRA · Plexus Corp returned $65.3M to shareholders in fiscal 2025, 42% of free cash flow. The diluted share count fell 1.0%.

In plain words: Companies hand cash back in two ways: dividends (cash paid to shareholders) and buybacks (buying back their own shares, so each remaining share owns a bigger slice).

Dividends and buybacks

FY16

Dividends —

Buybacks $30.0M

FY17

Dividends —

Buybacks $34.1M

FY18

Dividends —

Buybacks $137M

FY19

Dividends —

Buybacks $182M

FY20

Dividends —

Buybacks $41.4M

FY21

Dividends —

Buybacks $108M

FY22

Dividends —

Buybacks $50.4M

FY23

Dividends —

Buybacks $40.9M

FY24

Dividends —

Buybacks $55.7M

FY25

Dividends —

Buybacks $65.3M

FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25

Dividends Buybacks

Dividends and buybacks

Q4 '23

Dividends —

Buybacks $3.5M

Q1 '24

Dividends —

Buybacks $0.0M

Q2 '24

Dividends —

Buybacks $17.6M

Q3 '24

Dividends —

Buybacks $18.6M

Q4 '24

Dividends —

Buybacks $19.5M

Q1 '25

Dividends —

Buybacks $12.8M

Q2 '25

Dividends —

Buybacks $12.5M

Q3 '25

Dividends —

Buybacks $18.4M

Q4 '25

Dividends —

Buybacks $21.5M

Q1 '26

Dividends —

Buybacks $22.4M

Q2 '26

Dividends —

Buybacks $21.0M

Q3 '26

Dividends —

Buybacks $20.6M

Q4 '23 Q1 '24 Q2 '24 Q3 '24 Q4 '24 Q1 '25 Q2 '25 Q3 '25 Q4 '25 Q1 '26 Q2 '26 Q3 '26

Dividends Buybacks

Diluted shares outstanding (annual)

FY16

Diluted shares 0.03B

FY17

Diluted shares 0.03B

FY18

Diluted shares 0.03B

FY19

Diluted shares 0.03B

FY20

Diluted shares 0.03B

FY21

Diluted shares 0.03B

FY22

Diluted shares 0.03B

FY23

Diluted shares 0.03B

FY24

Diluted shares 0.03B

FY25

Diluted shares 0.03B

FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25

Insider trades

KIRA · In the last 12 months, insiders sold $24.3M of shares on the open market and bought none.

Open-market purchases and sales by officers, directors and 10% owners, from Form 4 filings. “Plan” marks trades under a pre-arranged Rule 10b5-1 plan.

In plain words: Insiders are the people who run or own a big part of the company. Buying with their own money can signal confidence; selling often has personal reasons, like taxes or diversifying.

Bought, 12 months

$0.0M

0 insiders

Sold, 12 months

$24.3M

11 insiders

Of sales under plans

26%

$6.3M

Date	Insider	Trade	Shares	Price	Value	Filing
Oct 21, 2026	Todd P. KelseyPresident & CEO, Director	Sold plan	1,500	$239.16	$0.4M	Form 4
Sep 16, 2026	Todd P. KelseyPresident & CEO, Director	Sold plan	1,500	$242.41	$0.4M	Form 4
Aug 31, 2026	Karen Marie RappDirector	Sold plan	500	$240.87	$0.1M	Form 4
Aug 19, 2026	Todd P. KelseyPresident & CEO, Director	Sold plan	1,500	$250.98	$0.4M	Form 4
Aug 11, 2026	Michael Schrock VDirector	Sold plan	4,000	$275.00	$1.1M	Form 4
Jul 15, 2026	Todd P. KelseyPresident & CEO, Director	Sold plan	1,500	$260.88	$0.4M	Form 4
Jun 17, 2026	Todd P. KelseyPresident & CEO, Director	Sold plan	1,500	$294.98	$0.4M	Form 4
Jun 5, 2026	Michael J. RunningRegional President - AMER	Sold	510	$272.17	$0.1M	Form 4
Jun 3, 2026	Todd P. KelseyPresident & CEO, Director	Sold	1,000	$290.00	$0.3M	Form 4
Jun 1, 2026	Karen Marie RappDirector	Sold plan	500	$270.00	$0.1M	Form 4
May 27, 2026	Todd P. KelseyPresident & CEO, Director	Sold	1,000	$274.75	$0.3M	Form 4
May 20, 2026	Todd P. KelseyPresident & CEO, Director	Sold plan	1,500	$252.77	$0.4M	Form 4
May 11, 2026	Victor (Pang Hau) TanRegional President - APAC	Sold	3,000	$271.23	$0.8M	Form 4
May 8, 2026	Angelo Michael Ninivaggi JrEVP, Chief Legal & PAO & Secy	Sold	3,270	$264.75	$0.9M	Form 4
May 7, 2026	Angelo Michael Ninivaggi JrEVP, Chief Legal & PAO & Secy	Sold	2,298	$262.99	$0.6M	Form 4
May 6, 2026	Todd P. KelseyPresident & CEO, Director	Sold	1,000	$270.75	$0.3M	Form 4
May 5, 2026	Todd P. KelseyPresident & CEO, Director	Sold	3,000	$268.45	$0.8M	Form 4
May 4, 2026	Todd P. KelseyPresident & CEO, Director	Sold	2,403	$263.89	$0.6M	Form 4
Apr 15, 2026	Todd P. KelseyPresident & CEO, Director	Sold plan	1,500	$224.09	$0.3M	Form 4
Mar 18, 2026	Todd P. KelseyPresident & CEO, Director	Sold plan	1,500	$194.24	$0.3M	Form 4
Feb 27, 2026	Karen Marie RappDirector	Sold plan	500	$195.59	$0.1M	Form 4
Feb 25, 2026	Michael J. RunningRegional President - AMER	Sold	700	$205.47	$0.1M	Form 4
Feb 25, 2026	Randy J MartinezDirector	Sold	1,000	$203.14	$0.2M	Form 4
Feb 18, 2026	Todd P. KelseyPresident & CEO, Director	Sold plan	5,231	$195.78	$1.0M	Form 4
Feb 18, 2026	Oliver K. MihmExec VP & COO	Sold	9,541	$201.40	$1.9M	Form 4
Feb 17, 2026	Oliver K. MihmExec VP & COO	Sold	2,226	$198.79	$0.4M	Form 4
Feb 12, 2026	Patrick John JermainExec. VP & CFO	Sold	2,321	$201.12	$0.5M	Form 4
Feb 12, 2026	Frank ZycinskiRegional President - EMEA	Sold	1,399	$205.99	$0.3M	Form 4
Feb 6, 2026	Victor (Pang Hau) TanRegional President - APAC	Sold	3,000	$205.50	$0.6M	Form 4
Feb 6, 2026	Dean A FoateDirector, Chairman of the Board	Sold	10,000	$205.00	$2.1M	Form 4
Feb 5, 2026	Angelo Michael Ninivaggi JrExec VP, CAO, Gen Coun & Secy	Sold	4,303	$203.06	$0.9M	Form 4
Feb 4, 2026	Patrick John JermainExec. VP & CFO	Sold	3,587	$204.09	$0.7M	Form 4
Feb 3, 2026	Todd P. KelseyPresident & CEO, Director	Sold	8,120	$205.65	$1.7M	Form 4
Feb 3, 2026	Patrick John JermainExec. VP & CFO	Sold	4,841	$204.01	$1.0M	Form 4
Feb 2, 2026	Michael J. RunningRegional President - AMER	Sold	926	$204.92	$0.2M	Form 4
Feb 2, 2026	Dean A FoateDirector, Chairman of the Board	Sold	5,000	$204.89	$1.0M	Form 4
Nov 28, 2025	Karen Marie RappDirector	Sold plan	500	$143.47	$0.1M	Form 4
Nov 26, 2025	Angelo Michael Ninivaggi JrExec VP, CAO, Gen Coun & Secy	Sold	1,347	$144.93	$0.2M	Form 4
Nov 25, 2025	Oliver K. MihmExec VP & COO	Sold	2,327	$143.18	$0.3M	Form 4
Nov 11, 2025	Patrick John JermainExec. VP & CFO	Sold	2,000	$143.54	$0.3M	Form 4
Nov 10, 2025	Angelo Michael Ninivaggi JrExec VP, CAO, Gen Coun & Secy	Sold	2,500	$145.28	$0.4M	Form 4
Nov 10, 2025	Oliver K. MihmExec VP & COO	Sold	1,748	$146.11	$0.3M	Form 4
Nov 5, 2025	Todd P. KelseyPresident & CEO, Director	Sold plan	2,000	$145.10	$0.3M	Form 4
Nov 4, 2025	Todd P. KelseyPresident & CEO, Director	Sold plan	2,000	$143.50	$0.3M	Form 4
Nov 3, 2025	Todd P. KelseyPresident & CEO, Director	Sold plan	1,500	$139.12	$0.2M	Form 4
Oct 27, 2025	Patrick John JermainExec. VP & CFO	Sold	1,998	$142.80	$0.3M	Form 4
Oct 1, 2025	Todd P. KelseyPresident & CEO, Director	Sold plan	1,500	$143.70	$0.2M	Form 4

Financial health

Can it carry its debts, and how well does it use its money?

Balance sheet

Cash, debt and the ratios that show how comfortably Plexus Corp can carry it.

In plain words: What the company owns and what it owes. More cash than debt is a cushion for bad times; a lot of debt leaves less room when business slows down.

Cash vs debt (incl. leases)

FY16

Cash $433M

Debt $175M

FY17

Cash $569M

Debt $313M

FY18

Cash $297M

Debt $189M

FY19

Cash $224M

Debt $288M

FY20

Cash $386M

Debt —

FY21

Cash $270M

Debt —

FY22

Cash $275M

Debt —

FY23

Cash $256M

Debt —

FY24

Cash $345M

Debt —

FY25

Cash $306M

Debt —

FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25

Cash Debt

Fiscal year end	FY21	FY22	FY23	FY24	FY25
Cash and short-term investments	$270M	$275M	$256M	$345M	$306M
Interest coverage	12.4x	11.2x	6.2x	5.8x	17.4x
Current ratio	1.7x	1.4x	1.5x	1.5x	1.6x
Quick ratio	0.8x	0.6x	0.6x	0.7x	0.8x
Total assets	$2.5B	$3.4B	$3.3B	$3.2B	$3.1B
Total liabilities	$1.4B	$2.3B	$2.1B	$1.8B	$1.7B
Shareholders' equity	$1.0B	$1.1B	$1.2B	$1.3B	$1.5B
Net debt (− = net cash)	—	—	—	—	—

Returns on capital

After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.

In plain words: How much profit the business makes on the money put into it. A higher percentage means each dollar invested works harder.

Return on capital, equity and assets (annual)

FY16

Return on capital 13.2%

Return on equity 8.3%

Return on assets 4.3%

FY17

Return on capital 15.5%

Return on equity 11.5%

Return on assets 6.0%

FY18

Return on capital 9.5%

Return on equity 1.3%

Return on assets 0.7%

FY19

Return on capital 13.2%

Return on equity 12.2%

Return on assets 5.5%

FY20

Return on capital —

Return on equity 12.7%

Return on assets 5.5%

FY21

Return on capital —

Return on equity 13.9%

Return on assets 5.8%

FY22

Return on capital —

Return on equity 13.0%

Return on assets 4.7%

FY23

Return on capital —

Return on equity 12.0%

Return on assets 4.1%

FY24

Return on capital —

Return on equity 8.8%

Return on assets 3.5%

FY25

Return on capital —

Return on equity 12.4%

Return on assets 5.5%

FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23 FY24 FY25

Return on capital Return on equity Return on assets

Piotroski F-score

KIRA · Plexus Corp passes 8 of 8 financial health tests (Piotroski F-score).

Nine pass/fail tests of profitability, funding and efficiency. 8–9 is strong, 0–2 weak.

In plain words: Nine yes/no tests of financial health, one point each. A green tick is a pass: 7 to 9 points is solid, 0 to 3 is weak.

Test	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income is positive	✓	✓	✓	✓	✓	✓	✓	✓	✓	✓
Cash from operations is positive	✓	✓	✓	✓	✓	✓	✕	✓	✓	✓
Return on assets rose	—	✓	✕	✓	✕	✓	✕	✓	✕	✓
Cash from operations exceeds net income	✓	✓	✓	✓	✓	✓	✕	✓	✓	✓
Debt fell relative to assets	—	✕	✓	✕	—	—	—	—	—	—
Current ratio rose	—	✕	✓	✕	✕	✕	✕	✓	✓	✓
Share count didn't rise	—	✕	✓	✓	✓	✓	✓	✓	✓	✓
Gross margin rose	—	✓	✕	✕	✓	✓	✕	✓	✓	✓
Revenue rose relative to assets	—	✕	✓	✓	✕	✕	✕	✓	✕	✓
F-score	— / 3	5 / 9	7 / 9	6 / 9	5 / 8	6 / 8	2 / 8	8 / 8	6 / 8	8 / 8
Accruals ratio	−2.9%	−3.2%	−2.8%	−0.3%	−4.3%	−0.2%	5.6%	−0.8%	−10.0%	−2.4%
Altman Z''	6.15	5.66	5.81	5.40	5.30	5.27	3.93	4.38	4.74	5.26

All figures

Every number, year by year.

10 years of figures

Amounts in USD. Hover a ratio’s name for its definition.

In plain words: Every number we have, year by year. Download it as a spreadsheet if you want to dig deeper.

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Fiscal year	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Income statement
Revenue	$2.6B	$2.5B	$2.9B	$3.3B	$3.5B	$3.5B	$3.9B	$4.2B	$4.0B	$4.0B
Gross profit	$227M	$256M	$258M	$292M	$313M	$323M	$347M	$395M	$379M	$407M
Operating income	$99.4M	$130M	$118M	$142M	$153M	$176M	$178M	$196M	$168M	$202M
Interest expense	$14.6M	$13.6M	$12.2M	$12.9M	$16.2M	$14.3M	$15.9M	$31.5M	$28.9M	$11.6M
Pretax income	$87.4M	$122M	$108M	$126M	$135M	$160M	$158M	$161M	$130M	$188M
Income tax	$11.0M	$9.8M	$94.6M	$17.3M	$17.9M	$21.5M	$20.1M	$21.9M	$17.7M	$15.1M
Net income	$76.4M	$112M	$13.0M	$109M	$117M	$139M	$138M	$139M	$112M	$173M
Diluted EPS	$2.24	$3.24	$0.38	$3.50	$3.93	$4.76	$4.86	$4.95	$4.01	$6.26
Diluted shares	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B	0.03B
Cash flow
Cash from operations	$128M	$172M	$66.8M	$115M	$210M	$143M	−$26.2M	$166M	$437M	$249M
Capital expenditure	$31.1M	$38.5M	$62.8M	$90.6M	$50.1M	$57.1M	$102M	$104M	$95.2M	$95.3M
Free cash flow	$96.6M	$133M	$4.1M	$24.7M	$160M	$85.5M	−$128M	$61.8M	$341M	$154M
Depreciation and amortization	$47.4M	$45.3M	$48.3M	$52.2M	$56.7M	$61.0M	$62.7M	$69.8M	$77.8M	$77.8M
Stock-based compensation	$19.3M	$17.4M	$18.0M	$21.3M	$24.3M	$24.8M	$23.3M	$21.3M	$30.3M	$30.3M
Acquisitions	$0.0M	$0.0M	$12.4M	—	—	—	—	—	—	—
Share buybacks	$30.0M	$34.1M	$137M	$182M	$41.4M	$108M	$50.4M	$40.9M	$55.7M	$65.3M
Dividends and buybacks	$30.0M	$34.1M	$137M	$182M	$41.4M	$108M	$50.4M	$40.9M	$55.7M	$65.3M
Balance sheet
Cash and short-term investments	$433M	$569M	$297M	$224M	$386M	$270M	$275M	$256M	$345M	$306M
Total debt	$175M	$313M	$189M	$288M	—	—	—	—	—	—
Finance lease liabilities	—	—	—	—	$39.7M	$41.5M	$44.3M	$43.3M	$43.5M	$44.5M
Current assets	$1.4B	$1.6B	$1.5B	$1.5B	$1.8B	$1.9B	$2.8B	$2.7B	$2.5B	$2.4B
Current liabilities	$650M	$908M	$738M	$866M	$1.0B	$1.1B	$2.0B	$1.8B	$1.6B	$1.5B
Inventory	$564M	$655M	$794M	$701M	$763M	$972M	$1.6B	$1.6B	$1.3B	$1.2B
Property and equipment, net	$291M	$315M	$341M	$384M	$384M	$395M	$445M	$492M	$501M	$546M
Intangible assets	—	$0.0M	$8.2M	—	—	—	—	—	—	—
Total assets	$1.8B	$2.0B	$1.9B	$2.0B	$2.3B	$2.5B	$3.4B	$3.3B	$3.2B	$3.1B
Total liabilities	$849M	$950M	$1.0B	$1.1B	$1.3B	$1.4B	$2.3B	$2.1B	$1.8B	$1.7B
Preferred stock	$0.0M	$0.0M	$0.0M	$0.0M	$0.0M	$0.0M	$0.0M	$0.0M	$0.0M	$0.0M
Shareholders' equity	$917M	$1.0B	$921M	$866M	$977M	$1.0B	$1.1B	$1.2B	$1.3B	$1.5B
Margins
Gross margin	8.9%	10.1%	9.0%	8.9%	8.9%	9.3%	8.8%	9.4%	9.6%	10.1%
Operating margin	3.9%	5.1%	4.1%	4.3%	4.4%	5.1%	4.5%	4.7%	4.2%	5.0%
EBITDA margin	5.7%	6.9%	5.8%	5.9%	6.0%	6.8%	6.1%	6.3%	6.2%	6.9%
Net margin	3.0%	4.4%	0.5%	3.3%	3.4%	4.0%	3.5%	3.3%	2.8%	4.3%
FCF margin	3.8%	5.3%	0.1%	0.7%	4.6%	2.5%	−3.3%	1.5%	8.6%	3.8%
Returns
Return on capital	13.2%	15.5%	9.5%	13.2%	—	—	—	—	—	—
Return on capital employed	8.9%	12.2%	9.9%	12.5%	11.9%	13.2%	12.8%	13.0%	11.1%	12.5%
Return on equity	8.3%	11.5%	1.3%	12.2%	12.7%	13.9%	13.0%	12.0%	8.8%	12.4%
Return on assets	4.3%	6.0%	0.7%	5.5%	5.5%	5.8%	4.7%	4.1%	3.5%	5.5%
Return on tangible equity	8.3%	10.9%	1.4%	12.5%	12.0%	13.5%	12.6%	11.5%	8.4%	11.9%
Growth
Revenue growth	—	−1.1%	13.7%	14.7%	6.2%	−0.6%	12.8%	7.2%	−5.9%	1.8%
Net income growth	—	46.6%	−88.4%	732.9%	8.2%	18.2%	−0.5%	0.6%	−19.6%	54.6%
EPS growth	—	44.6%	−88.3%	821.1%	12.3%	21.1%	2.1%	1.9%	−19.0%	56.1%
FCF growth	—	37.9%	−97.0%	509.7%	548.9%	−46.7%	−249.6%	—	452.5%	−54.9%
Share count change	—	1.3%	−1.8%	−8.4%	−3.7%	−2.5%	−2.5%	−1.1%	−0.7%	−1.0%
Financial health
Net debt / EBITDA	−1.8x	−1.5x	−0.7x	0.3x	—	—	—	—	—	—
Debt / equity	0.2x	0.3x	0.2x	0.3x	—	—	—	—	—	—
Interest coverage	6.8x	9.6x	9.7x	11.1x	9.5x	12.4x	11.2x	6.2x	5.8x	17.4x
Current ratio	2.2x	1.8x	2.1x	1.8x	1.8x	1.7x	1.4x	1.5x	1.5x	1.6x
Quick ratio	1.3x	1.1x	1.0x	1.0x	1.0x	0.8x	0.6x	0.6x	0.7x	0.8x
Capital allocation
Capex / revenue	1.2%	1.5%	2.2%	2.7%	1.4%	1.6%	2.6%	2.5%	2.4%	2.4%
Stock comp / revenue	0.8%	0.7%	0.6%	0.6%	0.7%	0.7%	0.6%	0.5%	0.8%	0.8%
Payouts / FCF	31.1%	25.6%	3,382.7%	737.3%	25.8%	126.9%	—	66.3%	16.3%	42.4%
Quality scores
Piotroski F-score	—	5.0	7.0	6.0	5.0	6.0	2.0	8.0	6.0	8.0
Altman Z''	6.2	5.7	5.8	5.4	5.3	5.3	3.9	4.4	4.7	5.3
Accruals ratio	−2.9%	−3.2%	−2.8%	−0.3%	−4.3%	−0.2%	5.6%	−0.8%	−10.0%	−2.4%

Source: SEC EDGAR XBRL filings (CIK 0000785786). Data updated October 24, 2026. Quarterly fourth quarters are the full year minus the first nine months. For information only — not investment advice. Check the original filings before relying on any figure.

Plexus Corp

What Plexus Corp does

Filing details

Earnings calendar · Plexus Corp

KIRA’s summary AI analyst

1.Sales and profit

2.Cash and shareholders

3.Financial health

Plexus Corp in 30 seconds

Key numbers, fiscal 2025

Revenue

Operating margin

Net income

Free cash flow

Return on capital

Sales and profit

Revenue and margins

Net income and earnings per share

Cash and shareholders

Cash flow

Dividends, buybacks and share count

Insider trades

Financial health

Balance sheet

Returns on capital

Piotroski F-score

All figures

10 years of figures