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Side-by-side financial comparison of INGLES MARKETS INC (IMKTA) and PLEXUS CORP (PLXS). Click either name above to swap in a different company.

INGLES MARKETS INC is the larger business by last-quarter revenue ($1.4B vs $1.2B, roughly 1.2× PLEXUS CORP). PLEXUS CORP runs the higher net margin — 4.3% vs 2.0%, a 2.2% gap on every dollar of revenue. On growth, PLEXUS CORP posted the faster year-over-year revenue change (18.7% vs 6.6%). Over the past eight quarters, PLEXUS CORP's revenue compounded faster (7.2% CAGR vs 0.2%).

Ingles Markets, Inc. is an American supermarket chain based in Black Mountain, North Carolina. As of September 2021, the company operates 198 supermarkets in the Appalachian region of the Southeastern United States. The company is listed on the NASDAQ under the ticker symbol IMKTA and is part of the Global Select Market tier of trading.

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.

IMKTA vs PLXS — Head-to-Head

Bigger by revenue
IMKTA
IMKTA
1.2× larger
IMKTA
$1.4B
$1.2B
PLXS
Growing faster (revenue YoY)
PLXS
PLXS
+12.1% gap
PLXS
18.7%
6.6%
IMKTA
Higher net margin
PLXS
PLXS
2.2% more per $
PLXS
4.3%
2.0%
IMKTA
Faster 2-yr revenue CAGR
PLXS
PLXS
Annualised
PLXS
7.2%
0.2%
IMKTA

Income Statement — Q1 FY2026 vs Q2 FY2026

Metric
IMKTA
IMKTA
PLXS
PLXS
Revenue
$1.4B
$1.2B
Net Profit
$28.1M
$49.8M
Gross Margin
24.4%
10.2%
Operating Margin
2.9%
5.3%
Net Margin
2.0%
4.3%
Revenue YoY
6.6%
18.7%
Net Profit YoY
69.6%
27.5%
EPS (diluted)
$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
IMKTA
IMKTA
PLXS
PLXS
Q1 26
$1.1B
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.3B
Q3 24
$1.4B
Q2 24
$1.4B
Net Profit
IMKTA
IMKTA
PLXS
PLXS
Q1 26
$41.2M
Q4 25
$28.1M
Q3 25
$25.7M
Q2 25
$26.2M
Q1 25
$15.1M
Q4 24
$16.6M
Q3 24
$-1.5M
Q2 24
$31.7M
Gross Margin
IMKTA
IMKTA
PLXS
PLXS
Q1 26
9.9%
Q4 25
24.4%
Q3 25
24.5%
Q2 25
24.3%
Q1 25
23.4%
Q4 24
23.4%
Q3 24
21.4%
Q2 24
23.7%
Operating Margin
IMKTA
IMKTA
PLXS
PLXS
Q1 26
5.1%
Q4 25
2.9%
Q3 25
2.6%
Q2 25
2.8%
Q1 25
1.6%
Q4 24
1.8%
Q3 24
-0.1%
Q2 24
3.2%
Net Margin
IMKTA
IMKTA
PLXS
PLXS
Q1 26
3.8%
Q4 25
2.0%
Q3 25
1.9%
Q2 25
1.9%
Q1 25
1.1%
Q4 24
1.3%
Q3 24
-0.1%
Q2 24
2.3%
EPS (diluted)
IMKTA
IMKTA
PLXS
PLXS
Q1 26
$1.51
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Balance Sheet & Financial Strength

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

Metric
IMKTA
IMKTA
PLXS
PLXS
Cash + ST InvestmentsLiquidity on hand
$303.1M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.6B
$1.5B
Total Assets
$2.6B
$3.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
IMKTA
IMKTA
PLXS
PLXS
Q1 26
$248.8M
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
IMKTA
IMKTA
PLXS
PLXS
Q1 26
Q4 25
Q3 25
$514.8M
Q2 25
Q1 25
Q4 24
Q3 24
$532.6M
Q2 24
Stockholders' Equity
IMKTA
IMKTA
PLXS
PLXS
Q1 26
$1.5B
Q4 25
$1.6B
Q3 25
$1.6B
Q2 25
$1.6B
Q1 25
$1.6B
Q4 24
$1.6B
Q3 24
$1.5B
Q2 24
$1.6B
Total Assets
IMKTA
IMKTA
PLXS
PLXS
Q1 26
$3.2B
Q4 25
$2.6B
Q3 25
$2.6B
Q2 25
$2.5B
Q1 25
$2.5B
Q4 24
$2.5B
Q3 24
$2.5B
Q2 24
$2.5B
Debt / Equity
IMKTA
IMKTA
PLXS
PLXS
Q1 26
Q4 25
Q3 25
0.32×
Q2 25
Q1 25
Q4 24
Q3 24
0.34×
Q2 24

Cash Flow & Capital Efficiency

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

Metric
IMKTA
IMKTA
PLXS
PLXS
Operating Cash FlowLast quarter
$38.4M
Free Cash FlowOCF − Capex
$2.1M
FCF MarginFCF / Revenue
0.1%
Capex IntensityCapex / Revenue
2.6%
Cash ConversionOCF / Net Profit
1.37×
TTM Free Cash FlowTrailing 4 quarters
$123.1M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
IMKTA
IMKTA
PLXS
PLXS
Q1 26
Q4 25
$38.4M
Q3 25
$59.9M
Q2 25
$74.8M
Q1 25
$63.1M
Q4 24
$-43.6M
Q3 24
$73.3M
Q2 24
$103.3M
Free Cash Flow
IMKTA
IMKTA
PLXS
PLXS
Q1 26
Q4 25
$2.1M
Q3 25
$36.8M
Q2 25
$45.4M
Q1 25
$38.9M
Q4 24
$-81.4M
Q3 24
$5.4M
Q2 24
$58.6M
FCF Margin
IMKTA
IMKTA
PLXS
PLXS
Q1 26
Q4 25
0.1%
Q3 25
2.7%
Q2 25
3.4%
Q1 25
2.9%
Q4 24
-6.3%
Q3 24
0.4%
Q2 24
4.2%
Capex Intensity
IMKTA
IMKTA
PLXS
PLXS
Q1 26
Q4 25
2.6%
Q3 25
1.7%
Q2 25
2.2%
Q1 25
1.8%
Q4 24
2.9%
Q3 24
4.9%
Q2 24
3.2%
Cash Conversion
IMKTA
IMKTA
PLXS
PLXS
Q1 26
Q4 25
1.37×
Q3 25
2.33×
Q2 25
2.85×
Q1 25
4.17×
Q4 24
-2.63×
Q3 24
Q2 24
3.26×

Financial Flow Comparison

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

Revenue Breakdown by Segment

IMKTA
IMKTA

Grocery$502.1M37%
Perishables$359.7M26%
Non Foods$305.5M22%
Gasoline$152.1M11%
Other$53.6M4%

PLXS
PLXS

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

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