vs

Side-by-side financial comparison of Bloomin' Brands, Inc. (BLMN) and PLEXUS CORP (PLXS). Click either name above to swap in a different company.

PLEXUS CORP is the larger business by last-quarter revenue ($1.2B vs $975.2M, roughly 1.2× Bloomin' Brands, Inc.). PLEXUS CORP runs the higher net margin — 4.3% vs -1.4%, a 5.7% gap on every dollar of revenue. On growth, PLEXUS CORP posted the faster year-over-year revenue change (18.7% vs 0.3%). Over the past eight quarters, PLEXUS CORP's revenue compounded faster (7.2% CAGR vs -4.5%).

Bloomin' Brands, Inc. is a restaurant holding company that owns several American casual dining restaurant chains. The company was established in 1988 in Tampa, Florida, where it is headquartered.

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.

BLMN vs PLXS — Head-to-Head

Bigger by revenue
PLXS
PLXS
1.2× larger
PLXS
$1.2B
$975.2M
BLMN
Growing faster (revenue YoY)
PLXS
PLXS
+18.4% gap
PLXS
18.7%
0.3%
BLMN
Higher net margin
PLXS
PLXS
5.7% more per $
PLXS
4.3%
-1.4%
BLMN
Faster 2-yr revenue CAGR
PLXS
PLXS
Annualised
PLXS
7.2%
-4.5%
BLMN

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
BLMN
BLMN
PLXS
PLXS
Revenue
$975.2M
$1.2B
Net Profit
$-13.5M
$49.8M
Gross Margin
70.2%
10.2%
Operating Margin
-1.4%
5.3%
Net Margin
-1.4%
4.3%
Revenue YoY
0.3%
18.7%
Net Profit YoY
83.0%
27.5%
EPS (diluted)
$-0.16
$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
BLMN
BLMN
PLXS
PLXS
Q1 26
$1.1B
Q4 25
$975.2M
Q3 25
$928.8M
Q2 25
$1.0B
Q1 25
$1.0B
Q4 24
$972.0M
Q3 24
$910.0M
Q2 24
$999.4M
Net Profit
BLMN
BLMN
PLXS
PLXS
Q1 26
$41.2M
Q4 25
$-13.5M
Q3 25
$-45.9M
Q2 25
$25.4M
Q1 25
$42.2M
Q4 24
$-79.5M
Q3 24
$6.9M
Q2 24
$28.4M
Gross Margin
BLMN
BLMN
PLXS
PLXS
Q1 26
9.9%
Q4 25
70.2%
Q3 25
70.4%
Q2 25
70.2%
Q1 25
70.1%
Q4 24
71.6%
Q3 24
71.3%
Q2 24
70.5%
Operating Margin
BLMN
BLMN
PLXS
PLXS
Q1 26
5.1%
Q4 25
-1.4%
Q3 25
-3.9%
Q2 25
3.0%
Q1 25
5.5%
Q4 24
1.7%
Q3 24
0.9%
Q2 24
4.4%
Net Margin
BLMN
BLMN
PLXS
PLXS
Q1 26
3.8%
Q4 25
-1.4%
Q3 25
-4.9%
Q2 25
2.5%
Q1 25
4.0%
Q4 24
-8.2%
Q3 24
0.8%
Q2 24
2.8%
EPS (diluted)
BLMN
BLMN
PLXS
PLXS
Q1 26
$1.51
Q4 25
$-0.16
Q3 25
$-0.54
Q2 25
$0.30
Q1 25
$0.50
Q4 24
$-0.93
Q3 24
$0.08
Q2 24
$0.32

Balance Sheet & Financial Strength

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

Metric
BLMN
BLMN
PLXS
PLXS
Cash + ST InvestmentsLiquidity on hand
$59.5M
$303.1M
Total DebtLower is stronger
$787.4M
Stockholders' EquityBook value
$333.6M
$1.5B
Total Assets
$3.2B
$3.4B
Debt / EquityLower = less leverage
2.36×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLMN
BLMN
PLXS
PLXS
Q1 26
$248.8M
Q4 25
$59.5M
Q3 25
$66.5M
Q2 25
$50.3M
Q1 25
$57.7M
Q4 24
$70.1M
Q3 24
$83.6M
Q2 24
$117.9M
Total Debt
BLMN
BLMN
PLXS
PLXS
Q1 26
Q4 25
$787.4M
Q3 25
$962.2M
Q2 25
$917.1M
Q1 25
$917.6M
Q4 24
$1.0B
Q3 24
$1.1B
Q2 24
$1.0B
Stockholders' Equity
BLMN
BLMN
PLXS
PLXS
Q1 26
$1.5B
Q4 25
$333.6M
Q3 25
$344.1M
Q2 25
$397.2M
Q1 25
$380.6M
Q4 24
$135.5M
Q3 24
$242.1M
Q2 24
$286.8M
Total Assets
BLMN
BLMN
PLXS
PLXS
Q1 26
$3.2B
Q4 25
$3.2B
Q3 25
$3.3B
Q2 25
$3.3B
Q1 25
$3.3B
Q4 24
$3.4B
Q3 24
$3.4B
Q2 24
$3.4B
Debt / Equity
BLMN
BLMN
PLXS
PLXS
Q1 26
Q4 25
2.36×
Q3 25
2.80×
Q2 25
2.31×
Q1 25
2.41×
Q4 24
7.58×
Q3 24
4.51×
Q2 24
3.49×

Cash Flow & Capital Efficiency

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

Metric
BLMN
BLMN
PLXS
PLXS
Operating Cash FlowLast quarter
$119.1M
Free Cash FlowOCF − Capex
$63.7M
FCF MarginFCF / Revenue
6.5%
Capex IntensityCapex / Revenue
5.7%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$96.8M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLMN
BLMN
PLXS
PLXS
Q1 26
Q4 25
$119.1M
Q3 25
$34.4M
Q2 25
$49.7M
Q1 25
$73.5M
Q4 24
$119.8M
Q3 24
$-7.8M
Q2 24
$42.4M
Free Cash Flow
BLMN
BLMN
PLXS
PLXS
Q1 26
Q4 25
$63.7M
Q3 25
$-5.7M
Q2 25
$11.1M
Q1 25
$27.7M
Q4 24
$66.7M
Q3 24
$-67.3M
Q2 24
$-12.1M
FCF Margin
BLMN
BLMN
PLXS
PLXS
Q1 26
Q4 25
6.5%
Q3 25
-0.6%
Q2 25
1.1%
Q1 25
2.6%
Q4 24
6.9%
Q3 24
-7.4%
Q2 24
-1.2%
Capex Intensity
BLMN
BLMN
PLXS
PLXS
Q1 26
Q4 25
5.7%
Q3 25
4.3%
Q2 25
3.8%
Q1 25
4.4%
Q4 24
5.5%
Q3 24
6.5%
Q2 24
5.5%
Cash Conversion
BLMN
BLMN
PLXS
PLXS
Q1 26
Q4 25
Q3 25
Q2 25
1.95×
Q1 25
1.74×
Q4 24
Q3 24
-1.13×
Q2 24
1.49×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BLMN
BLMN

Food And Beverage$958.0M98%
Franchiseand Other Revenue$17.2M2%
International Franchise Segment$7.8M1%

PLXS
PLXS

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

Related Comparisons