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 Q4 FY2023 Key Financial Metrics
Revenue
$944.6M
Gross Profit
$96.7M
Operating Profit
$53.3M
Net Profit
$40.3M
Gross Margin
10.2%
Operating Margin
5.6%
Net Margin
4.3%
YoY Growth
-18.1%
EPS
$1.45
PLEXUS CORP Q4 FY2023 Financial Summary
PLEXUS CORP reported revenue of $944.6M (down 18.1% YoY) for Q4 FY2023, with a net profit of $40.3M (down 20.2% YoY) (4.3% margin). Cost of goods sold was $847.9M, operating expenses totaled $43.4M.
Key Financial Metrics
| Total Revenue | $944.6M |
|---|---|
| Net Profit | $40.3M |
| Gross Margin | 10.2% |
| Operating Margin | 5.6% |
| Report Period | Q4 FY2023 |
Revenue Breakdown
PLEXUS CORP Q4 FY2023 revenue of $944.6M breaks down across 4 segments, led by MX at $556.5M (58.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| MX | $556.5M | 58.9% |
| Aerospace Defense | $281.6M | 29.8% |
| GB | $98.3M | 10.4% |
| TH | $15.0M | 1.6% |
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 |
|---|---|---|---|---|
| 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% |
| Q2 FY2022 | $918.8M | +1.3% | $26.9M | 2.9% |
| Q1 FY2022 | $841.9M | -1.8% | $23.4M | 2.8% |
Income Statement
| Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $841.9M | $918.8M | $1.01B | $1.15B | $1.12B | $1.10B | $1.05B | $944.6M |
| YoY Growth | -1.8% | 1.3% | 20.3% | 32.0% | 33.1% | 19.4% | 3.4% | -18.1% |
Balance Sheet
| Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $2.71B | $2.99B | $3.20B | $3.39B | $3.40B | $3.38B | $3.42B | $3.32B |
| Liabilities | $1.67B | $1.95B | $2.15B | $2.30B | $2.25B | $2.20B | $2.23B | $2.11B |
| Equity | $1.04B | $1.04B | $1.06B | $1.10B | $1.15B | $1.18B | $1.18B | $1.21B |
Cash Flow
| Q1 2022 | Q2 2022 | Q3 2022 | Q4 2022 | Q1 2023 | Q2 2023 | Q3 2023 | Q4 2023 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-89.0M | $84.3M | $-21.2M | $-26.2M | $-48.8M | $106.0M | $18.8M | $165.8M |