PLEXUS CORPPLXSEarnings & Financial Report
Plex Systems, Inc. is an American software company based in Troy, Michigan. The company develops and markets the Plex Manufacturing Cloud, a software as a service (SaaS) or cloud computing ERP for manufacturing.
PLXS Q2 FY2026 Key Financial Metrics
Revenue
$1.2B
Gross Profit
$119.2M
Operating Profit
$61.8M
Net Profit
$49.8M
Gross Margin
10.2%
Operating Margin
5.3%
Net Margin
4.3%
YoY Growth
18.7%
EPS
$1.82
PLEXUS CORP Q2 FY2026 Financial Summary
PLEXUS CORP reported revenue of $1.2B (up 18.7% YoY) for Q2 FY2026, with a net profit of $49.8M (up 27.5% YoY) (4.3% margin). Cost of goods sold was $1.0B, operating expenses totaled $57.3M.
Key Financial Metrics
| Total Revenue | $1.2B |
|---|---|
| Net Profit | $49.8M |
| Gross Margin | 10.2% |
| Operating Margin | 5.3% |
| Report Period | Q2 FY2026 |
Revenue Breakdown
PLEXUS CORP Q2 FY2026 revenue of $1.2B breaks down across 3 segments, led by Asia-Pacific at $652.0M (56.0% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Asia-Pacific | $652.0M | 56.0% |
| Americas | $397.0M | 34.1% |
| Europe, Middle East and Africa | $116.0M | 10.0% |
PLEXUS CORP Revenue by Segment — Quarterly Trend
PLEXUS CORP revenue by segment across the last 4 reported quarters, showing how each business line (such as Asia-Pacific and Americas) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2023 | Q3 FY2023 |
|---|---|---|---|---|
| Asia-Pacific | $652.0M | $612.0M | — | — |
| Americas | $397.0M | $345.0M | — | — |
| Europe, Middle East and Africa | $116.0M | $118.0M | — | — |
PLEXUS CORP Annual Revenue by Year
PLEXUS CORP annual revenue history includes year-by-year totals (for example, 2023 revenue was $4.2B).
PLEXUS CORP Quarterly Revenue & Net Profit History
PLEXUS CORP results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $1.2B | +18.7% | $49.8M | 4.3% |
| Q1 FY2026 | $1.1B | +9.6% | $41.2M | 3.8% |
| Q4 FY2023 | $944.6M | -18.1% | $40.3M | 4.3% |
| Q3 FY2023 | $1.0B | +3.4% | $15.8M | 1.5% |
| Q2 FY2023 | $1.1B | +19.4% | $40.8M | 3.7% |
| Q1 FY2023 | $1.1B | +33.1% | $42.2M | 3.8% |
| Q4 FY2022 | $1.2B | +32.0% | $50.5M | 4.4% |
| Q3 FY2022 | $1.0B | +20.3% | $37.5M | 3.7% |
Income Statement
| Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.01B | $1.15B | $1.12B | $1.10B | $1.05B | $944.6M | $1.07B | $1.16B |
| YoY Growth | 20.3% | 32.0% | 33.1% | 19.4% | 3.4% | -18.1% | 9.6% | 18.7% |
Balance Sheet
| Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $3.20B | $3.39B | $3.40B | $3.38B | $3.42B | $3.32B | $3.19B | $3.36B |
| Liabilities | $2.15B | $2.30B | $2.25B | $2.20B | $2.23B | $2.11B | $1.70B | $1.87B |
| Equity | $1.06B | $1.10B | $1.15B | $1.18B | $1.18B | $1.21B | $1.48B | $1.49B |
Cash Flow
| Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | |
|---|---|---|---|---|---|---|
| Operating CF | $-21.2M | $-26.2M | $-48.8M | $106.0M | $18.8M | $165.8M |