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Side-by-side financial comparison of PLEXUS CORP (PLXS) and Trade Desk (The) (TTD). Click either name above to swap in a different company.
PLEXUS CORP is the larger business by last-quarter revenue ($1.1B vs $846.8M, roughly 1.3× Trade Desk (The)). Trade Desk (The) runs the higher net margin — 22.1% vs 3.8%, a 18.2% gap on every dollar of revenue. On growth, Trade Desk (The) posted the faster year-over-year revenue change (14.3% vs 9.6%). Over the past eight quarters, Trade Desk (The)'s revenue compounded faster (31.3% CAGR vs 7.9%).
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 Trade Desk, Inc. is an American multinational technology company that specializes in real-time programmatic marketing automation technologies, products, and services, designed to personalize digital content delivery to users.
PLXS vs TTD — Head-to-Head
Income Statement — Q1 FY2026 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.1B | $846.8M |
| Net Profit | $41.2M | $186.9M |
| Gross Margin | 9.9% | 80.7% |
| Operating Margin | 5.1% | 30.3% |
| Net Margin | 3.8% | 22.1% |
| Revenue YoY | 9.6% | 14.3% |
| Net Profit YoY | -19.9% | 2.6% |
| EPS (diluted) | $1.51 | $0.39 |
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 | — | $846.8M | ||
| Q3 25 | — | $739.4M | ||
| Q2 25 | — | $694.0M | ||
| Q1 25 | — | $616.0M | ||
| Q4 24 | — | $741.0M | ||
| Q3 24 | — | $628.0M | ||
| Q2 24 | — | $584.5M |
| Q1 26 | $41.2M | — | ||
| Q4 25 | — | $186.9M | ||
| Q3 25 | — | $115.5M | ||
| Q2 25 | — | $90.1M | ||
| Q1 25 | — | $50.7M | ||
| Q4 24 | — | $182.2M | ||
| Q3 24 | — | $94.2M | ||
| Q2 24 | — | $85.0M |
| Q1 26 | 9.9% | — | ||
| Q4 25 | — | 80.7% | ||
| Q3 25 | — | 78.1% | ||
| Q2 25 | — | 78.2% | ||
| Q1 25 | — | 76.8% | ||
| Q4 24 | — | 81.7% | ||
| Q3 24 | — | 80.5% | ||
| Q2 24 | — | 81.1% |
| Q1 26 | 5.1% | — | ||
| Q4 25 | — | 30.3% | ||
| Q3 25 | — | 21.8% | ||
| Q2 25 | — | 16.8% | ||
| Q1 25 | — | 8.8% | ||
| Q4 24 | — | 26.4% | ||
| Q3 24 | — | 17.3% | ||
| Q2 24 | — | 16.2% |
| Q1 26 | 3.8% | — | ||
| Q4 25 | — | 22.1% | ||
| Q3 25 | — | 15.6% | ||
| Q2 25 | — | 13.0% | ||
| Q1 25 | — | 8.2% | ||
| Q4 24 | — | 24.6% | ||
| Q3 24 | — | 15.0% | ||
| Q2 24 | — | 14.5% |
| Q1 26 | $1.51 | — | ||
| Q4 25 | — | $0.39 | ||
| Q3 25 | — | $0.23 | ||
| Q2 25 | — | $0.18 | ||
| Q1 25 | — | $0.10 | ||
| Q4 24 | — | $0.36 | ||
| Q3 24 | — | $0.19 | ||
| Q2 24 | — | $0.17 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $248.8M | $1.3B |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.5B | $2.5B |
| Total Assets | $3.2B | $6.2B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $248.8M | — | ||
| Q4 25 | — | $1.3B | ||
| Q3 25 | — | $1.4B | ||
| Q2 25 | — | $1.7B | ||
| Q1 25 | — | $1.7B | ||
| Q4 24 | — | $1.9B | ||
| Q3 24 | — | $1.7B | ||
| Q2 24 | — | $1.5B |
| Q1 26 | $1.5B | — | ||
| Q4 25 | — | $2.5B | ||
| Q3 25 | — | $2.6B | ||
| Q2 25 | — | $2.7B | ||
| Q1 25 | — | $2.7B | ||
| Q4 24 | — | $2.9B | ||
| Q3 24 | — | $2.6B | ||
| Q2 24 | — | $2.4B |
| Q1 26 | $3.2B | — | ||
| Q4 25 | — | $6.2B | ||
| Q3 25 | — | $5.9B | ||
| Q2 25 | — | $6.0B | ||
| Q1 25 | — | $5.7B | ||
| Q4 24 | — | $6.1B | ||
| Q3 24 | — | $5.5B | ||
| Q2 24 | — | $5.2B |
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 | — | $311.6M |
| Free Cash FlowOCF − Capex | — | $285.3M |
| FCF MarginFCF / Revenue | — | 33.7% |
| Capex IntensityCapex / Revenue | — | 3.1% |
| Cash ConversionOCF / Net Profit | — | 1.67× |
| TTM Free Cash FlowTrailing 4 quarters | — | $795.7M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | — | $311.6M | ||
| Q3 25 | — | $224.7M | ||
| Q2 25 | — | $165.0M | ||
| Q1 25 | — | $291.4M | ||
| Q4 24 | — | $199.4M | ||
| Q3 24 | — | $273.3M | ||
| Q2 24 | — | $81.3M |
| Q1 26 | — | — | ||
| Q4 25 | — | $285.3M | ||
| Q3 25 | — | $158.3M | ||
| Q2 25 | — | $119.8M | ||
| Q1 25 | — | $232.3M | ||
| Q4 24 | — | $179.2M | ||
| Q3 24 | — | $224.6M | ||
| Q2 24 | — | $59.1M |
| Q1 26 | — | — | ||
| Q4 25 | — | 33.7% | ||
| Q3 25 | — | 21.4% | ||
| Q2 25 | — | 17.3% | ||
| Q1 25 | — | 37.7% | ||
| Q4 24 | — | 24.2% | ||
| Q3 24 | — | 35.8% | ||
| Q2 24 | — | 10.1% |
| Q1 26 | — | — | ||
| Q4 25 | — | 3.1% | ||
| Q3 25 | — | 9.0% | ||
| Q2 25 | — | 6.5% | ||
| Q1 25 | — | 9.6% | ||
| Q4 24 | — | 2.7% | ||
| Q3 24 | — | 7.8% | ||
| Q2 24 | — | 3.8% |
| Q1 26 | — | — | ||
| Q4 25 | — | 1.67× | ||
| Q3 25 | — | 1.94× | ||
| Q2 25 | — | 1.83× | ||
| Q1 25 | — | 5.75× | ||
| Q4 24 | — | 1.09× | ||
| Q3 24 | — | 2.90× | ||
| Q2 24 | — | 0.96× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PLXS
| Asia-Pacific | $612.0M | 57% |
| Americas | $345.0M | 32% |
| Europe, Middle East and Africa | $118.0M | 11% |
TTD
| Other | $427.2M | 50% |
| Non Us | $419.6M | 50% |
