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

PLEXUS CORP is the larger business by last-quarter revenue ($1.2B vs $1.1B, roughly 1.0× TORO CO). TORO CO runs the higher net margin — 4.7% vs 4.3%, a 0.4% gap on every dollar of revenue. On growth, PLEXUS CORP posted the faster year-over-year revenue change (18.7% vs -2.2%). Over the past eight quarters, PLEXUS CORP's revenue compounded faster (7.2% CAGR vs -8.1%).

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.

The Toro Company is an American company based in the Minneapolis suburb of Bloomington, Minnesota, that designs, manufactures, and markets lawn mowers, snow blowers, and irrigation system supplies for commercial and residential, agricultural, and public sector uses.

PLXS vs TTC — Head-to-Head

Bigger by revenue
PLXS
PLXS
1.0× larger
PLXS
$1.2B
$1.1B
TTC
Growing faster (revenue YoY)
PLXS
PLXS
+20.9% gap
PLXS
18.7%
-2.2%
TTC
Higher net margin
TTC
TTC
0.4% more per $
TTC
4.7%
4.3%
PLXS
Faster 2-yr revenue CAGR
PLXS
PLXS
Annualised
PLXS
7.2%
-8.1%
TTC

Income Statement — Q2 FY2026 vs Q3 FY2025

Metric
PLXS
PLXS
TTC
TTC
Revenue
$1.2B
$1.1B
Net Profit
$49.8M
$53.5M
Gross Margin
10.2%
33.7%
Operating Margin
5.3%
5.7%
Net Margin
4.3%
4.7%
Revenue YoY
18.7%
-2.2%
Net Profit YoY
27.5%
-55.2%
EPS (diluted)
$1.82
$0.54

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
TTC
TTC
Q1 26
$1.1B
Q3 25
$1.1B
Q2 25
$1.3B
Q1 25
$995.0M
Q3 24
$1.2B
Q2 24
$1.3B
Q1 24
$1.0B
Q3 23
$1.0B
$1.1B
Net Profit
PLXS
PLXS
TTC
TTC
Q1 26
$41.2M
Q3 25
$53.5M
Q2 25
$136.8M
Q1 25
$52.8M
Q3 24
$119.3M
Q2 24
$144.8M
Q1 24
$64.9M
Q3 23
$15.8M
Gross Margin
PLXS
PLXS
TTC
TTC
Q1 26
9.9%
Q3 25
33.7%
Q2 25
33.1%
Q1 25
33.7%
Q3 24
34.8%
Q2 24
33.6%
Q1 24
34.4%
Q3 23
8.9%
34.4%
Operating Margin
PLXS
PLXS
TTC
TTC
Q1 26
5.1%
Q3 25
5.7%
Q2 25
13.3%
Q1 25
7.8%
Q3 24
12.8%
Q2 24
13.9%
Q1 24
8.8%
Q3 23
2.7%
-1.8%
Net Margin
PLXS
PLXS
TTC
TTC
Q1 26
3.8%
Q3 25
4.7%
Q2 25
10.4%
Q1 25
5.3%
Q3 24
10.3%
Q2 24
10.7%
Q1 24
6.5%
Q3 23
1.5%
EPS (diluted)
PLXS
PLXS
TTC
TTC
Q1 26
$1.51
Q3 25
$0.54
Q2 25
$1.37
Q1 25
$0.52
Q3 24
$1.14
Q2 24
$1.38
Q1 24
$0.62
Q3 23
$0.56
$-0.14

Balance Sheet & Financial Strength

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

Metric
PLXS
PLXS
TTC
TTC
Cash + ST InvestmentsLiquidity on hand
$303.1M
Total DebtLower is stronger
$1.0B
Stockholders' EquityBook value
$1.5B
$1.4B
Total Assets
$3.4B
$3.5B
Debt / EquityLower = less leverage
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PLXS
PLXS
TTC
TTC
Q1 26
$248.8M
Q3 25
Q2 25
Q1 25
Q3 24
Q2 24
Q1 24
Q3 23
$253.0M
Total Debt
PLXS
PLXS
TTC
TTC
Q1 26
Q3 25
$1.0B
Q2 25
$1.1B
Q1 25
$1.1B
Q3 24
$991.9M
Q2 24
$1.0B
Q1 24
$1.2B
Q3 23
$1.1B
Stockholders' Equity
PLXS
PLXS
TTC
TTC
Q1 26
$1.5B
Q3 25
$1.4B
Q2 25
$1.5B
Q1 25
$1.5B
Q3 24
$1.6B
Q2 24
$1.7B
Q1 24
$1.5B
Q3 23
$1.2B
$1.5B
Total Assets
PLXS
PLXS
TTC
TTC
Q1 26
$3.2B
Q3 25
$3.5B
Q2 25
$3.8B
Q1 25
$3.7B
Q3 24
$3.7B
Q2 24
$3.9B
Q1 24
$3.8B
Q3 23
$3.4B
$3.6B
Debt / Equity
PLXS
PLXS
TTC
TTC
Q1 26
Q3 25
0.73×
Q2 25
0.74×
Q1 25
0.75×
Q3 24
0.61×
Q2 24
0.62×
Q1 24
0.77×
Q3 23
0.72×

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
TTC
TTC
Operating Cash FlowLast quarter
$225.8M
Free Cash FlowOCF − Capex
$207.2M
FCF MarginFCF / Revenue
18.3%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
4.22×
TTM Free Cash FlowTrailing 4 quarters
$462.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PLXS
PLXS
TTC
TTC
Q1 26
Q3 25
$225.8M
Q2 25
$171.7M
Q1 25
$-48.6M
Q3 24
$194.7M
Q2 24
$227.3M
Q1 24
$-92.2M
Q3 23
$18.8M
$93.0M
Free Cash Flow
PLXS
PLXS
TTC
TTC
Q1 26
Q3 25
$207.2M
Q2 25
$152.4M
Q1 25
$-67.7M
Q3 24
$170.6M
Q2 24
$206.9M
Q1 24
$-111.3M
Q3 23
$-11.5M
$57.4M
FCF Margin
PLXS
PLXS
TTC
TTC
Q1 26
Q3 25
18.3%
Q2 25
11.6%
Q1 25
-6.8%
Q3 24
14.7%
Q2 24
15.3%
Q1 24
-11.1%
Q3 23
-1.1%
5.3%
Capex Intensity
PLXS
PLXS
TTC
TTC
Q1 26
Q3 25
1.6%
Q2 25
1.5%
Q1 25
1.9%
Q3 24
2.1%
Q2 24
1.5%
Q1 24
1.9%
Q3 23
2.9%
3.3%
Cash Conversion
PLXS
PLXS
TTC
TTC
Q1 26
Q3 25
4.22×
Q2 25
1.26×
Q1 25
-0.92×
Q3 24
1.63×
Q2 24
1.57×
Q1 24
-1.42×
Q3 23
1.19×

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%

TTC
TTC

Equipment Products And Services$815.7M72%
Residential Segment$192.8M17%
Irrigation$115.1M10%

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