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Side-by-side financial comparison of PLEXUS CORP (PLXS) and T. Rowe Price (TROW). Click either name above to swap in a different company.

T. Rowe Price is the larger business by last-quarter revenue ($1.9B vs $1.2B, roughly 1.6× PLEXUS CORP). T. Rowe Price runs the higher net margin — 26.1% vs 4.3%, a 21.8% gap on every dollar of revenue. On growth, PLEXUS CORP posted the faster year-over-year revenue change (18.7% vs -4.0%). Over the past eight quarters, PLEXUS CORP's revenue compounded faster (7.2% CAGR vs 3.5%).

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.

T. Rowe Price Group, Inc. is an American publicly owned global investment management firm that offers funds, subadvisory services, separate account management, and retirement plans and services for individuals, institutions, and financial intermediaries. The firm has assets under management of more than $1.51 trillion and annual revenues of $6.48 billion as of 2023, placing it 537 on the Fortune 1000 list of the largest U.S. companies.

PLXS vs TROW — Head-to-Head

Bigger by revenue
TROW
TROW
1.6× larger
TROW
$1.9B
$1.2B
PLXS
Growing faster (revenue YoY)
PLXS
PLXS
+22.7% gap
PLXS
18.7%
-4.0%
TROW
Higher net margin
TROW
TROW
21.8% more per $
TROW
26.1%
4.3%
PLXS
Faster 2-yr revenue CAGR
PLXS
PLXS
Annualised
PLXS
7.2%
3.5%
TROW

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
PLXS
PLXS
TROW
TROW
Revenue
$1.2B
$1.9B
Net Profit
$49.8M
$484.1M
Gross Margin
10.2%
Operating Margin
5.3%
36.6%
Net Margin
4.3%
26.1%
Revenue YoY
18.7%
-4.0%
Net Profit YoY
27.5%
2.7%
EPS (diluted)
$1.82
$2.23

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
TROW
TROW
Q1 26
$1.1B
$1.9B
Q4 25
$1.9B
Q3 25
$1.9B
Q2 25
$1.7B
Q1 25
$1.8B
Q4 24
$1.8B
Q3 24
$1.8B
Q2 24
$1.7B
Net Profit
PLXS
PLXS
TROW
TROW
Q1 26
$41.2M
$484.1M
Q4 25
$445.3M
Q3 25
$646.1M
Q2 25
$505.2M
Q1 25
$490.5M
Q4 24
$439.9M
Q3 24
$603.0M
Q2 24
$483.4M
Gross Margin
PLXS
PLXS
TROW
TROW
Q1 26
9.9%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
PLXS
PLXS
TROW
TROW
Q1 26
5.1%
36.6%
Q4 25
24.4%
Q3 25
34.0%
Q2 25
27.8%
Q1 25
33.8%
Q4 24
31.2%
Q3 24
34.4%
Q2 24
32.6%
Net Margin
PLXS
PLXS
TROW
TROW
Q1 26
3.8%
26.1%
Q4 25
23.0%
Q3 25
34.1%
Q2 25
29.3%
Q1 25
27.8%
Q4 24
24.1%
Q3 24
33.8%
Q2 24
27.9%
EPS (diluted)
PLXS
PLXS
TROW
TROW
Q1 26
$1.51
$2.23
Q4 25
$1.98
Q3 25
$2.87
Q2 25
$2.24
Q1 25
$2.15
Q4 24
$1.91
Q3 24
$2.64
Q2 24
$2.11

Balance Sheet & Financial Strength

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

Metric
PLXS
PLXS
TROW
TROW
Cash + ST InvestmentsLiquidity on hand
$303.1M
$3.7B
Total DebtLower is stronger
Stockholders' EquityBook value
$1.5B
$974.7M
Total Assets
$3.4B
$14.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PLXS
PLXS
TROW
TROW
Q1 26
$248.8M
$3.7B
Q4 25
$3.4B
Q3 25
$3.6B
Q2 25
$3.1B
Q1 25
$2.8B
Q4 24
$2.6B
Q3 24
$3.2B
Q2 24
$2.7B
Stockholders' Equity
PLXS
PLXS
TROW
TROW
Q1 26
$1.5B
$974.7M
Q4 25
$10.9B
Q3 25
$10.8B
Q2 25
$10.6B
Q1 25
$10.4B
Q4 24
$10.3B
Q3 24
$10.2B
Q2 24
$9.9B
Total Assets
PLXS
PLXS
TROW
TROW
Q1 26
$3.2B
$14.4B
Q4 25
$14.3B
Q3 25
$14.7B
Q2 25
$14.3B
Q1 25
$14.0B
Q4 24
$13.5B
Q3 24
$13.7B
Q2 24
$13.1B

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%

TROW
TROW

Equity$974.7M52%
Multi-asset$509.1M27%
Administrative, distribution, servicing, and other fees$138.4M7%
Fixed income, including money market$111.8M6%
Alternatives$87.4M5%
Capital allocation-based income (1)$28.1M2%
Performance-based advisory fees$7.5M0%

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