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Side-by-side financial comparison of PLEXUS CORP (PLXS) and StandardAero, Inc. (SARO). Click either name above to swap in a different company.
StandardAero, Inc. is the larger business by last-quarter revenue ($1.6B vs $1.2B, roughly 1.4× PLEXUS CORP). StandardAero, Inc. runs the higher net margin — 4.9% vs 4.3%, a 0.6% gap on every dollar of revenue. On growth, PLEXUS CORP posted the faster year-over-year revenue change (18.7% vs 13.5%). Over the past eight quarters, StandardAero, Inc.'s revenue compounded faster (13.8% CAGR vs 7.2%).
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.
StandardAero, Inc. is an American maintenance, repair and overhaul (MRO) provider based in Scottsdale, Arizona.
PLXS vs SARO — Head-to-Head
Income Statement — Q2 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.6B |
| Net Profit | $49.8M | $78.6M |
| Gross Margin | 10.2% | 13.8% |
| Operating Margin | 5.3% | 9.3% |
| Net Margin | 4.3% | 4.9% |
| Revenue YoY | 18.7% | 13.5% |
| Net Profit YoY | 27.5% | 659.6% |
| EPS (diluted) | $1.82 | $0.24 |
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 | $1.1B | — | ||
| Q4 25 | — | $1.6B | ||
| Q3 25 | — | $1.5B | ||
| Q2 25 | — | $1.5B | ||
| Q1 25 | — | $1.4B | ||
| Q4 24 | — | $1.4B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.3B |
| Q1 26 | $41.2M | — | ||
| Q4 25 | — | $78.6M | ||
| Q3 25 | — | $68.1M | ||
| Q2 25 | — | $67.7M | ||
| Q1 25 | — | $62.9M | ||
| Q4 24 | — | $-14.1M | ||
| Q3 24 | — | $16.4M | ||
| Q2 24 | — | $5.4M |
| Q1 26 | 9.9% | — | ||
| Q4 25 | — | 13.8% | ||
| Q3 25 | — | 14.9% | ||
| Q2 25 | — | 15.4% | ||
| Q1 25 | — | 15.2% | ||
| Q4 24 | — | 14.3% | ||
| Q3 24 | — | 15.0% | ||
| Q2 24 | — | 13.7% |
| Q1 26 | 5.1% | — | ||
| Q4 25 | — | 9.3% | ||
| Q3 25 | — | 9.2% | ||
| Q2 25 | — | 8.9% | ||
| Q1 25 | — | 9.0% | ||
| Q4 24 | — | 6.7% | ||
| Q3 24 | — | 7.9% | ||
| Q2 24 | — | 7.8% |
| Q1 26 | 3.8% | — | ||
| Q4 25 | — | 4.9% | ||
| Q3 25 | — | 4.5% | ||
| Q2 25 | — | 4.4% | ||
| Q1 25 | — | 4.4% | ||
| Q4 24 | — | -1.0% | ||
| Q3 24 | — | 1.3% | ||
| Q2 24 | — | 0.4% |
| Q1 26 | $1.51 | — | ||
| Q4 25 | — | $0.24 | ||
| Q3 25 | — | $0.20 | ||
| Q2 25 | — | $0.20 | ||
| Q1 25 | — | $0.19 | ||
| Q4 24 | — | $-0.05 | ||
| Q3 24 | — | $0.06 | ||
| Q2 24 | — | $0.02 |
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 | — | $2.2B |
| Stockholders' EquityBook value | $1.5B | $2.7B |
| Total Assets | $3.4B | $6.6B |
| Debt / EquityLower = less leverage | — | 0.83× |
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 | — | — | ||
| Q4 25 | — | $2.2B | ||
| Q3 25 | — | $2.3B | ||
| Q2 25 | — | $2.3B | ||
| Q1 25 | — | $2.3B | ||
| Q4 24 | — | $2.2B | ||
| Q3 24 | — | $3.4B | ||
| Q2 24 | — | — |
| Q1 26 | $1.5B | — | ||
| Q4 25 | — | $2.7B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.5B | ||
| Q1 25 | — | $2.4B | ||
| Q4 24 | — | $2.4B | ||
| Q3 24 | — | $1.2B | ||
| Q2 24 | — | $1.2B |
| Q1 26 | $3.2B | — | ||
| Q4 25 | — | $6.6B | ||
| Q3 25 | — | $6.6B | ||
| Q2 25 | — | $6.5B | ||
| Q1 25 | — | $6.5B | ||
| Q4 24 | — | $6.2B | ||
| Q3 24 | — | $6.1B | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 0.83× | ||
| Q3 25 | — | 0.90× | ||
| Q2 25 | — | 0.92× | ||
| Q1 25 | — | 0.96× | ||
| Q4 24 | — | 0.94× | ||
| Q3 24 | — | 2.94× | ||
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | — | $323.0M |
| Free Cash FlowOCF − Capex | — | $307.3M |
| FCF MarginFCF / Revenue | — | 19.2% |
| Capex IntensityCapex / Revenue | — | 1.0% |
| Cash ConversionOCF / Net Profit | — | 4.11× |
| TTM Free Cash FlowTrailing 4 quarters | — | $234.3M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $323.0M | ||
| Q3 25 | — | $14.8M | ||
| Q2 25 | — | $2.9M | ||
| Q1 25 | — | $-24.0M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-13.9M | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | $307.3M | ||
| Q3 25 | — | $-4.7M | ||
| Q2 25 | — | $-19.0M | ||
| Q1 25 | — | $-49.3M | ||
| Q4 24 | — | — | ||
| Q3 24 | — | $-39.2M | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 19.2% | ||
| Q3 25 | — | -0.3% | ||
| Q2 25 | — | -1.2% | ||
| Q1 25 | — | -3.4% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -3.1% | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.0% | ||
| Q3 25 | — | 1.3% | ||
| Q2 25 | — | 1.4% | ||
| Q1 25 | — | 1.8% | ||
| Q4 24 | — | — | ||
| Q3 24 | — | 2.0% | ||
| Q2 24 | — | — |
| Q1 26 | — | — | ||
| Q4 25 | — | 4.11× | ||
| Q3 25 | — | 0.22× | ||
| Q2 25 | — | 0.04× | ||
| Q1 25 | — | -0.38× | ||
| Q4 24 | — | — | ||
| Q3 24 | — | -0.84× | ||
| Q2 24 | — | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PLXS
| Asia-Pacific | $652.0M | 56% |
| Americas | $397.0M | 34% |
| Europe, Middle East and Africa | $116.0M | 10% |
SARO
| Commercial Aerospace | $1.0B | 63% |
| Business Aviation | $266.2M | 17% |
| Military And Helicopter | $262.0M | 16% |
| Other | $68.1M | 4% |
