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Side-by-side financial comparison of PLEXUS CORP (PLXS) and SiriusPoint Ltd (SPNT). Click either name above to swap in a different company.

PLEXUS CORP is the larger business by last-quarter revenue ($1.2B vs $973.7M, roughly 1.2× SiriusPoint Ltd). SiriusPoint Ltd runs the higher net margin — 25.1% vs 4.3%, a 20.8% gap on every dollar of revenue. On growth, SiriusPoint Ltd posted the faster year-over-year revenue change (58.9% vs 18.7%). Over the past eight quarters, SiriusPoint Ltd's revenue compounded faster (19.2% 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.

SiriusPoint Ltd is a global specialty insurance and reinsurance provider based in Pembroke, Bermuda. It offers property, casualty, specialty line coverages and alternative capital solutions, serving commercial clients and risk carriers across North America, Europe, Asia Pacific and other key markets, focusing on rigorous underwriting and stable risk-adjusted returns.

PLXS vs SPNT — Head-to-Head

Bigger by revenue
PLXS
PLXS
1.2× larger
PLXS
$1.2B
$973.7M
SPNT
Growing faster (revenue YoY)
SPNT
SPNT
+40.2% gap
SPNT
58.9%
18.7%
PLXS
Higher net margin
SPNT
SPNT
20.8% more per $
SPNT
25.1%
4.3%
PLXS
Faster 2-yr revenue CAGR
SPNT
SPNT
Annualised
SPNT
19.2%
7.2%
PLXS

Income Statement — Q2 FY2026 vs Q4 FY2025

Metric
PLXS
PLXS
SPNT
SPNT
Revenue
$1.2B
$973.7M
Net Profit
$49.8M
$244.1M
Gross Margin
10.2%
Operating Margin
5.3%
28.8%
Net Margin
4.3%
25.1%
Revenue YoY
18.7%
58.9%
Net Profit YoY
27.5%
1535.9%
EPS (diluted)
$1.82
$1.92

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
PLXS
PLXS
SPNT
SPNT
Q1 26
$1.1B
Q4 25
$973.7M
Q3 25
$755.9M
Q2 25
$748.2M
Q1 25
$727.3M
Q4 24
$612.8M
Q3 24
$562.2M
Q2 24
$743.3M
Net Profit
PLXS
PLXS
SPNT
SPNT
Q1 26
$41.2M
Q4 25
$244.1M
Q3 25
$90.8M
Q2 25
$63.2M
Q1 25
$61.6M
Q4 24
$-17.0M
Q3 24
$8.5M
Q2 24
$113.9M
Gross Margin
PLXS
PLXS
SPNT
SPNT
Q1 26
9.9%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
PLXS
PLXS
SPNT
SPNT
Q1 26
5.1%
Q4 25
28.8%
Q3 25
14.7%
Q2 25
10.0%
Q1 25
10.4%
Q4 24
-2.1%
Q3 24
2.0%
Q2 24
17.4%
Net Margin
PLXS
PLXS
SPNT
SPNT
Q1 26
3.8%
Q4 25
25.1%
Q3 25
12.0%
Q2 25
8.4%
Q1 25
8.5%
Q4 24
-2.8%
Q3 24
1.5%
Q2 24
15.3%
EPS (diluted)
PLXS
PLXS
SPNT
SPNT
Q1 26
$1.51
Q4 25
$1.92
Q3 25
$0.73
Q2 25
$0.50
Q1 25
$0.49
Q4 24
$-0.05
Q3 24
$0.03
Q2 24
$0.57

Balance Sheet & Financial Strength

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

Metric
PLXS
PLXS
SPNT
SPNT
Cash + ST InvestmentsLiquidity on hand
$303.1M
$731.2M
Total DebtLower is stronger
$688.6M
Stockholders' EquityBook value
$1.5B
$2.5B
Total Assets
$3.4B
$12.6B
Debt / EquityLower = less leverage
0.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PLXS
PLXS
SPNT
SPNT
Q1 26
$248.8M
Q4 25
$731.2M
Q3 25
$582.4M
Q2 25
$732.4M
Q1 25
$740.3M
Q4 24
$682.0M
Q3 24
$640.7M
Q2 24
$598.1M
Total Debt
PLXS
PLXS
SPNT
SPNT
Q1 26
Q4 25
$688.6M
Q3 25
$682.5M
Q2 25
$678.4M
Q1 25
$663.5M
Q4 24
$639.1M
Q3 24
$660.5M
Q2 24
$648.6M
Stockholders' Equity
PLXS
PLXS
SPNT
SPNT
Q1 26
$1.5B
Q4 25
$2.5B
Q3 25
$2.2B
Q2 25
$2.1B
Q1 25
$2.0B
Q4 24
$1.9B
Q3 24
$2.7B
Q2 24
$2.7B
Total Assets
PLXS
PLXS
SPNT
SPNT
Q1 26
$3.2B
Q4 25
$12.6B
Q3 25
$12.5B
Q2 25
$12.4B
Q1 25
$12.3B
Q4 24
$12.5B
Q3 24
$12.7B
Q2 24
$12.8B
Debt / Equity
PLXS
PLXS
SPNT
SPNT
Q1 26
Q4 25
0.28×
Q3 25
0.31×
Q2 25
0.32×
Q1 25
0.33×
Q4 24
0.33×
Q3 24
0.25×
Q2 24
0.24×

Cash Flow & Capital Efficiency

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

Metric
PLXS
PLXS
SPNT
SPNT
Operating Cash FlowLast quarter
$-26.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
-0.11×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PLXS
PLXS
SPNT
SPNT
Q1 26
Q4 25
$-26.4M
Q3 25
$155.6M
Q2 25
$62.1M
Q1 25
$-88.9M
Q4 24
$107.7M
Q3 24
$58.1M
Q2 24
$-149.9M
Cash Conversion
PLXS
PLXS
SPNT
SPNT
Q1 26
Q4 25
-0.11×
Q3 25
1.71×
Q2 25
0.98×
Q1 25
-1.44×
Q4 24
Q3 24
6.84×
Q2 24
-1.32×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PLXS
PLXS

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

SPNT
SPNT

Segment breakdown not available.

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