How do PLEXUS CORP and TreeHouse Foods, Inc. compare by revenue?

PLEXUS CORP reported revenue of $1.2B in Q2 FY2026, while TreeHouse Foods, Inc. reported $840.3M in Q3 FY2025. PLEXUS CORP is 1.4× larger by last-quarter revenue.

Which is growing revenue faster, PLEXUS CORP or TreeHouse Foods, Inc.?

PLEXUS CORP's latest revenue grew 18.7% year-over-year, versus 0.1% for TreeHouse Foods, Inc.. PLEXUS CORP is growing faster on a YoY basis.

Which has a higher gross margin, PLEXUS CORP or TreeHouse Foods, Inc.?

PLEXUS CORP's gross margin is 10.2% vs TreeHouse Foods, Inc.'s 18.8%. TreeHouse Foods, Inc. converts more of each revenue dollar into gross profit.

Which has a higher net margin, PLEXUS CORP or TreeHouse Foods, Inc.?

PLEXUS CORP's net margin is 4.3% vs TreeHouse Foods, Inc.'s -31.6%. PLEXUS CORP has the higher bottom-line margin.

What is the 2-year revenue CAGR for PLEXUS CORP vs TreeHouse Foods, Inc.?

Over the trailing 8 quarters, PLEXUS CORP compounded revenue at roughly 7.2% per year, versus -3.9% for TreeHouse Foods, Inc.. PLEXUS CORP has the faster medium-term growth trajectory.

Where does this PLXS vs THS data come from?

All figures are parsed directly from SEC EDGAR 10-Q / 10-K / 20-F / 6-K filings (for US-listed issuers) or EDINET filings (for Japanese issuers), then normalised into a common schema. Numbers update automatically as new filings are released.

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Side-by-side financial comparison of PLEXUS CORP (PLXS) and TreeHouse Foods, Inc. (THS). Click either name above to swap in a different company.

PLEXUS CORP is the larger business by last-quarter revenue ($1.2B vs $840.3M, roughly 1.4× TreeHouse Foods, Inc.). PLEXUS CORP runs the higher net margin — 4.3% vs -31.6%, a 35.9% gap on every dollar of revenue. On growth, PLEXUS CORP posted the faster year-over-year revenue change (18.7% vs 0.1%). Over the past eight quarters, PLEXUS CORP's revenue compounded faster (7.2% CAGR vs -3.9%).

PLEXUS CORPPLXSEarnings & Financial Report

Nasdaq · Information Technology · Printed Circuit Boards

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.

TreeHouse Foods, Inc.THSEarnings & Financial Report

NYSE · Consumer Staples · Canned, Frozen & Preservd Fruit, Veg & Food Specialties

TreeHouse Foods Inc. is a multinational food processing company specializing in producing private label packaged foods headquartered in Oak Brook, Illinois. Created in 2005 and consisting entirely of acquisitions, in 2010 the company had sales of $2 billion and employed over 4,000 people at 20 facilities. Food Processing magazine named TreeHouse Foods their 2010 Processor of the Year, calling them "the biggest company you never heard of". In 2015, the company was the 37th-largest food and bev...

PLXS vs THS — Head-to-Head

Bigger by revenue

PLXS

1.4× larger

$1.2B

$840.3M

Growing faster (revenue YoY)

PLXS

+18.6% gap

18.7%

0.1%

Higher net margin

PLXS

35.9% more per $

4.3%

-31.6%

Faster 2-yr revenue CAGR

PLXS

Annualised

7.2%

-3.9%

Income Statement — Q2 FY2026 vs Q3 FY2025

Metric	PLXS	THS
Revenue	$1.2B	$840.3M
Net Profit	$49.8M	$-265.8M
Gross Margin	10.2%	18.8%
Operating Margin	5.3%	-30.2%
Net Margin	4.3%	-31.6%
Revenue YoY	18.7%	0.1%
Net Profit YoY	27.5%	-7717.6%
EPS (diluted)	$1.82	$-5.26

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

THS

Q1 26	$1.1B	—
Q3 25	—	$840.3M
Q2 25	—	$798.0M
Q1 25	—	$792.0M
Q4 24	—	$905.7M
Q3 24	—	$839.1M
Q2 24	—	$788.5M
Q1 24	—	$820.7M

Net Profit

PLXS

THS

Q1 26	$41.2M	—
Q3 25	—	$-265.8M
Q2 25	—	$-2.9M
Q1 25	—	$-31.8M
Q4 24	—	$58.7M
Q3 24	—	$-3.4M
Q2 24	—	$-16.7M
Q1 24	—	$-11.7M

Gross Margin

PLXS

THS

Q1 26	9.9%	—
Q3 25	—	18.8%
Q2 25	—	17.4%
Q1 25	—	14.5%
Q4 24	—	19.5%
Q3 24	—	15.6%
Q2 24	—	16.3%
Q1 24	—	13.6%

Operating Margin

PLXS

THS

Q1 26	5.1%	—
Q3 25	—	-30.2%
Q2 25	—	3.4%
Q1 25	—	-0.7%
Q4 24	—	8.9%
Q3 24	—	3.8%
Q2 24	—	-0.5%
Q1 24	—	-0.6%

Net Margin

PLXS

THS

Q1 26	3.8%	—
Q3 25	—	-31.6%
Q2 25	—	-0.4%
Q1 25	—	-4.0%
Q4 24	—	6.5%
Q3 24	—	-0.4%
Q2 24	—	-2.1%
Q1 24	—	-1.4%

EPS (diluted)

PLXS

THS

Q1 26	$1.51	—
Q3 25	—	$-5.26
Q2 25	—	$-0.06
Q1 25	—	$-0.63
Q4 24	—	$1.12
Q3 24	—	$-0.07
Q2 24	—	$-0.32
Q1 24	—	$-0.22

Balance Sheet & Financial Strength

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

Metric	PLXS	THS
Cash + ST InvestmentsLiquidity on hand	$303.1M	$21.0M
Total DebtLower is stronger	—	$1.5B
Stockholders' EquityBook value	$1.5B	$1.3B
Total Assets	$3.4B	$3.8B
Debt / EquityLower = less leverage	—	1.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments

PLXS

THS

Q1 26	$248.8M	—
Q3 25	—	$21.0M
Q2 25	—	$17.1M
Q1 25	—	$16.4M
Q4 24	—	$289.6M
Q3 24	—	$102.0M
Q2 24	—	$105.8M
Q1 24	—	$191.8M

Total Debt

PLXS

THS

Q1 26	—	—
Q3 25	—	$1.5B
Q2 25	—	$1.5B
Q1 25	—	$1.4B
Q4 24	—	$1.4B
Q3 24	—	$1.4B
Q2 24	—	$1.4B
Q1 24	—	$1.4B

Stockholders' Equity

PLXS

THS

Q1 26	$1.5B	—
Q3 25	—	$1.3B
Q2 25	—	$1.5B
Q1 25	—	$1.5B
Q4 24	—	$1.5B
Q3 24	—	$1.6B
Q2 24	—	$1.6B
Q1 24	—	$1.6B

Total Assets

PLXS

THS

Q1 26	$3.2B	—
Q3 25	—	$3.8B
Q2 25	—	$4.0B
Q1 25	—	$3.9B
Q4 24	—	$4.0B
Q3 24	—	$4.0B
Q2 24	—	$3.9B
Q1 24	—	$4.0B

Debt / Equity

PLXS

THS

Q1 26	—	—
Q3 25	—	1.18×
Q2 25	—	0.98×
Q1 25	—	0.93×
Q4 24	—	0.90×
Q3 24	—	0.90×
Q2 24	—	0.90×
Q1 24	—	0.87×

Cash Flow & Capital Efficiency

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

Metric	PLXS	THS
Operating Cash FlowLast quarter	—	$38.2M
Free Cash FlowOCF − Capex	—	—
FCF MarginFCF / Revenue	—	—
Capex IntensityCapex / Revenue	—	—
Cash ConversionOCF / Net Profit	—	—
TTM Free Cash FlowTrailing 4 quarters	—	—