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Side-by-side financial comparison of Brookfield Renewable Partners L.P. (BEP) and PLEXUS CORP (PLXS). Click either name above to swap in a different company.

Brookfield Renewable Partners L.P. is the larger business by last-quarter revenue ($1.7B vs $1.2B, roughly 1.5× PLEXUS CORP). Brookfield Renewable Partners L.P. runs the higher net margin — 5.9% vs 4.3%, a 1.6% gap on every dollar of revenue. On growth, PLEXUS CORP posted the faster year-over-year revenue change (18.7% vs 14.2%).

Brookfield Renewable Partners L.P. is a publicly traded limited partnership that owns and operates renewable power assets, with corporate headquarters in Toronto, Ontario, Canada. It is 60% owned by Brookfield Asset Management.

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.

BEP vs PLXS — Head-to-Head

Bigger by revenue
BEP
BEP
1.5× larger
BEP
$1.7B
$1.2B
PLXS
Growing faster (revenue YoY)
PLXS
PLXS
+4.6% gap
PLXS
18.7%
14.2%
BEP
Higher net margin
BEP
BEP
1.6% more per $
BEP
5.9%
4.3%
PLXS

Income Statement — Q2 FY2025 vs Q2 FY2026

Metric
BEP
BEP
PLXS
PLXS
Revenue
$1.7B
$1.2B
Net Profit
$100.0M
$49.8M
Gross Margin
10.2%
Operating Margin
5.3%
Net Margin
5.9%
4.3%
Revenue YoY
14.2%
18.7%
Net Profit YoY
213.6%
27.5%
EPS (diluted)
$-0.22
$1.82

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BEP
BEP
PLXS
PLXS
Q1 26
$1.1B
Q2 25
$1.7B
Q2 24
$1.5B
Q3 23
$1.0B
Q2 23
$1.2B
$1.1B
Q4 22
$1.2B
Q3 22
$1.0B
Q2 22
$1.3B
Net Profit
BEP
BEP
PLXS
PLXS
Q1 26
$41.2M
Q2 25
$100.0M
Q2 24
$-88.0M
Q3 23
$15.8M
Q2 23
$151.0M
$40.8M
Q4 22
$50.5M
Q3 22
$37.5M
Q2 22
$122.0M
Gross Margin
BEP
BEP
PLXS
PLXS
Q1 26
9.9%
Q2 25
Q2 24
Q3 23
8.9%
Q2 23
9.4%
Q4 22
9.3%
Q3 22
9.2%
Q2 22
Operating Margin
BEP
BEP
PLXS
PLXS
Q1 26
5.1%
Q2 25
Q2 24
Q3 23
2.7%
Q2 23
5.2%
Q4 22
5.4%
Q3 22
4.9%
Q2 22
Net Margin
BEP
BEP
PLXS
PLXS
Q1 26
3.8%
Q2 25
5.9%
Q2 24
-5.9%
Q3 23
1.5%
Q2 23
12.5%
3.7%
Q4 22
4.4%
Q3 22
3.7%
Q2 22
9.6%
EPS (diluted)
BEP
BEP
PLXS
PLXS
Q1 26
$1.51
Q2 25
$-0.22
Q2 24
$-0.28
Q3 23
$0.56
Q2 23
$-0.10
$1.45
Q4 22
$1.76
Q3 22
$1.33
Q2 22
$-0.03

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BEP
BEP
PLXS
PLXS
Cash + ST InvestmentsLiquidity on hand
$1.9B
$303.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$33.3B
$1.5B
Total Assets
$98.6B
$3.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEP
BEP
PLXS
PLXS
Q1 26
$248.8M
Q2 25
$1.9B
Q2 24
$1.2B
Q3 23
$253.0M
Q2 23
$1.2B
$269.7M
Q4 22
$274.8M
Q3 22
$276.6M
Q2 22
$1.1B
Stockholders' Equity
BEP
BEP
PLXS
PLXS
Q1 26
$1.5B
Q2 25
$33.3B
Q2 24
$28.0B
Q3 23
$1.2B
Q2 23
$28.5B
$1.2B
Q4 22
$1.1B
Q3 22
$1.1B
Q2 22
$23.0B
Total Assets
BEP
BEP
PLXS
PLXS
Q1 26
$3.2B
Q2 25
$98.6B
Q2 24
$73.8B
Q3 23
$3.4B
Q2 23
$65.9B
$3.4B
Q4 22
$3.4B
Q3 22
$3.2B
Q2 22
$57.0B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BEP
BEP
PLXS
PLXS
Operating Cash FlowLast quarter
$379.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.79×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEP
BEP
PLXS
PLXS
Q1 26
Q2 25
$379.0M
Q2 24
$231.0M
Q3 23
$18.8M
Q2 23
$382.0M
$106.0M
Q4 22
$-26.2M
Q3 22
$-21.2M
Q2 22
$438.0M
Free Cash Flow
BEP
BEP
PLXS
PLXS
Q1 26
Q2 25
Q2 24
Q3 23
$-11.5M
Q2 23
$79.5M
Q4 22
$-127.9M
Q3 22
$-42.0M
Q2 22
FCF Margin
BEP
BEP
PLXS
PLXS
Q1 26
Q2 25
Q2 24
Q3 23
-1.1%
Q2 23
7.3%
Q4 22
-11.1%
Q3 22
-4.2%
Q2 22
Capex Intensity
BEP
BEP
PLXS
PLXS
Q1 26
Q2 25
Q2 24
Q3 23
2.9%
Q2 23
2.4%
Q4 22
8.8%
Q3 22
2.1%
Q2 22
Cash Conversion
BEP
BEP
PLXS
PLXS
Q1 26
Q2 25
3.79×
Q2 24
Q3 23
1.19×
Q2 23
2.53×
2.59×
Q4 22
-0.52×
Q3 22
-0.57×
Q2 22
3.59×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BEP
BEP

Segment breakdown not available.

PLXS
PLXS

Asia-Pacific$652.0M56%
Americas$397.0M34%
Europe, Middle East and Africa$116.0M10%

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