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Side-by-side financial comparison of Northern Trust (NTRS) and PLEXUS CORP (PLXS). Click either name above to swap in a different company.
Northern Trust is the larger business by last-quarter revenue ($2.2B vs $1.2B, roughly 1.9× PLEXUS CORP). Northern Trust runs the higher net margin — 23.7% vs 4.3%, a 19.5% gap on every dollar of revenue. On growth, PLEXUS CORP posted the faster year-over-year revenue change (18.7% vs 13.8%). Over the past eight quarters, Northern Trust's revenue compounded faster (37.8% CAGR vs 7.2%).
Northern Trust Corporation is an American financial services company headquartered in Chicago, Illinois, that caters to corporations, institutional investors, and ultra high net worth individuals. Northern Trust is one of the largest banking institutions in the United States and one of the oldest banks in continuous operation. As of December 31, 2025, it had $1.8 trillion in assets under management and $14.9 trillion in assets under custody.
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.
NTRS vs PLXS — Head-to-Head
Income Statement — Q1 FY2026 vs Q2 FY2026
| Metric | | |
|---|---|---|
| Revenue | $2.2B | $1.2B |
| Net Profit | $525.5M | $49.8M |
| Gross Margin | — | 10.2% |
| Operating Margin | — | 5.3% |
| Net Margin | 23.7% | 4.3% |
| Revenue YoY | 13.8% | 18.7% |
| Net Profit YoY | 13.0% | 27.5% |
| EPS (diluted) | $2.71 | $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.
| Q1 26 | $2.2B | $1.1B | ||
| Q4 25 | $1.3B | — | ||
| Q3 25 | $1.3B | — | ||
| Q2 25 | $1.2B | — | ||
| Q1 25 | $1.2B | — | ||
| Q4 24 | $1.2B | — | ||
| Q3 24 | $1.2B | — | ||
| Q2 24 | $1.2B | — |
| Q1 26 | $525.5M | $41.2M | ||
| Q4 25 | $466.0M | — | ||
| Q3 25 | $457.6M | — | ||
| Q2 25 | $421.3M | — | ||
| Q1 25 | $392.0M | — | ||
| Q4 24 | $455.4M | — | ||
| Q3 24 | $464.9M | — | ||
| Q2 24 | $896.1M | — |
| Q1 26 | — | 9.9% | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | 5.1% | ||
| Q4 25 | 48.5% | — | ||
| Q3 25 | 49.0% | — | ||
| Q2 25 | 45.9% | — | ||
| Q1 25 | 43.0% | — | ||
| Q4 24 | 48.6% | — | ||
| Q3 24 | 50.2% | — | ||
| Q2 24 | — | — |
| Q1 26 | 23.7% | 3.8% | ||
| Q4 25 | 35.6% | — | ||
| Q3 25 | 36.2% | — | ||
| Q2 25 | 34.2% | — | ||
| Q1 25 | 32.3% | — | ||
| Q4 24 | 37.3% | — | ||
| Q3 24 | 38.9% | — | ||
| Q2 24 | 76.8% | — |
| Q1 26 | $2.71 | $1.51 | ||
| Q4 25 | $2.42 | — | ||
| Q3 25 | $2.29 | — | ||
| Q2 25 | $2.13 | — | ||
| Q1 25 | $1.90 | — | ||
| Q4 24 | $2.25 | — | ||
| Q3 24 | $2.22 | — | ||
| Q2 24 | $4.34 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | — | $303.1M |
| Total DebtLower is stronger | $2.9B | — |
| Stockholders' EquityBook value | $13.0B | $1.5B |
| Total Assets | $174.6B | $3.4B |
| Debt / EquityLower = less leverage | 0.22× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $248.8M | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $2.9B | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | $13.0B | $1.5B | ||
| Q4 25 | $13.0B | — | ||
| Q3 25 | $13.0B | — | ||
| Q2 25 | $12.9B | — | ||
| Q1 25 | $12.9B | — | ||
| Q4 24 | $12.8B | — | ||
| Q3 24 | $12.7B | — | ||
| Q2 24 | $12.7B | — |
| Q1 26 | $174.6B | $3.2B | ||
| Q4 25 | $177.1B | — | ||
| Q3 25 | $170.3B | — | ||
| Q2 25 | $171.9B | — | ||
| Q1 25 | $165.1B | — | ||
| Q4 24 | $155.5B | — | ||
| Q3 24 | $155.8B | — | ||
| Q2 24 | $156.8B | — |
| Q1 26 | 0.22× | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NTRS
| Trust, Investment and Other Servicing Fees | $1.3B | 61% |
| Other | $871.8M | 39% |
PLXS
| Asia-Pacific | $652.0M | 56% |
| Americas | $397.0M | 34% |
| Europe, Middle East and Africa | $116.0M | 10% |
