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

UGI CORP is the larger business by last-quarter revenue ($2.1B vs $1.2B, roughly 1.8× PLEXUS CORP). UGI CORP runs the higher net margin — 14.4% vs 4.3%, a 10.1% gap on every dollar of revenue. On growth, PLEXUS CORP posted the faster year-over-year revenue change (18.7% vs 3.9%). Over the past eight quarters, PLEXUS CORP's revenue compounded faster (7.2% CAGR vs -7.5%).

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.

UGI Corporation is a natural gas and electric power distribution company headquartered in King of Prussia, Pennsylvania, with extensive operations in the United States and Europe.

PLXS vs UGI — Head-to-Head

Bigger by revenue
UGI
UGI
1.8× larger
UGI
$2.1B
$1.2B
PLXS
Growing faster (revenue YoY)
PLXS
PLXS
+14.9% gap
PLXS
18.7%
3.9%
UGI
Higher net margin
UGI
UGI
10.1% more per $
UGI
14.4%
4.3%
PLXS
Faster 2-yr revenue CAGR
PLXS
PLXS
Annualised
PLXS
7.2%
-7.5%
UGI

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
PLXS
PLXS
UGI
UGI
Revenue
$1.2B
$2.1B
Net Profit
$49.8M
$297.0M
Gross Margin
10.2%
Operating Margin
5.3%
22.0%
Net Margin
4.3%
14.4%
Revenue YoY
18.7%
3.9%
Net Profit YoY
27.5%
-20.8%
EPS (diluted)
$1.82
$1.34

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
UGI
UGI
Q1 26
$1.1B
Q4 25
$2.1B
Q3 25
$1.2B
Q2 25
$1.4B
Q1 25
$2.6B
Q4 24
$2.0B
Q3 24
$1.2B
Q2 24
$1.4B
Net Profit
PLXS
PLXS
UGI
UGI
Q1 26
$41.2M
Q4 25
$297.0M
Q3 25
$-13.0M
Q2 25
$-163.0M
Q1 25
$479.0M
Q4 24
$375.0M
Q3 24
$-273.0M
Q2 24
$-48.0M
Gross Margin
PLXS
PLXS
UGI
UGI
Q1 26
9.9%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
PLXS
PLXS
UGI
UGI
Q1 26
5.1%
Q4 25
22.0%
Q3 25
1.1%
Q2 25
-6.8%
Q1 25
26.6%
Q4 24
24.5%
Q3 24
-20.4%
Q2 24
5.0%
Net Margin
PLXS
PLXS
UGI
UGI
Q1 26
3.8%
Q4 25
14.4%
Q3 25
-1.1%
Q2 25
-12.0%
Q1 25
18.2%
Q4 24
18.9%
Q3 24
-22.6%
Q2 24
-3.6%
EPS (diluted)
PLXS
PLXS
UGI
UGI
Q1 26
$1.51
Q4 25
$1.34
Q3 25
$-0.08
Q2 25
$-0.76
Q1 25
$2.19
Q4 24
$1.74
Q3 24
$-1.26
Q2 24
$-0.23

Balance Sheet & Financial Strength

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

Metric
PLXS
PLXS
UGI
UGI
Cash + ST InvestmentsLiquidity on hand
$303.1M
$251.0M
Total DebtLower is stronger
$6.0B
Stockholders' EquityBook value
$1.5B
$5.0B
Total Assets
$3.4B
$15.8B
Debt / EquityLower = less leverage
1.19×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PLXS
PLXS
UGI
UGI
Q1 26
$248.8M
Q4 25
$251.0M
Q3 25
$335.0M
Q2 25
$350.0M
Q1 25
$426.0M
Q4 24
$240.0M
Q3 24
$213.0M
Q2 24
$183.0M
Total Debt
PLXS
PLXS
UGI
UGI
Q1 26
Q4 25
$6.0B
Q3 25
$6.5B
Q2 25
$5.7B
Q1 25
$6.6B
Q4 24
$6.6B
Q3 24
$6.4B
Q2 24
$6.3B
Stockholders' Equity
PLXS
PLXS
UGI
UGI
Q1 26
$1.5B
Q4 25
$5.0B
Q3 25
$4.8B
Q2 25
$4.9B
Q1 25
$5.0B
Q4 24
$4.6B
Q3 24
$4.3B
Q2 24
$4.7B
Total Assets
PLXS
PLXS
UGI
UGI
Q1 26
$3.2B
Q4 25
$15.8B
Q3 25
$15.5B
Q2 25
$15.4B
Q1 25
$15.7B
Q4 24
$15.4B
Q3 24
$15.1B
Q2 24
$15.1B
Debt / Equity
PLXS
PLXS
UGI
UGI
Q1 26
Q4 25
1.19×
Q3 25
1.37×
Q2 25
1.17×
Q1 25
1.32×
Q4 24
1.44×
Q3 24
1.48×
Q2 24
1.34×

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
UGI
UGI
Operating Cash FlowLast quarter
$66.0M
Free Cash FlowOCF − Capex
$-155.0M
FCF MarginFCF / Revenue
-7.5%
Capex IntensityCapex / Revenue
10.7%
Cash ConversionOCF / Net Profit
0.22×
TTM Free Cash FlowTrailing 4 quarters
$282.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PLXS
PLXS
UGI
UGI
Q1 26
Q4 25
$66.0M
Q3 25
$90.0M
Q2 25
$289.0M
Q1 25
$684.0M
Q4 24
$164.0M
Q3 24
$151.0M
Q2 24
$390.0M
Free Cash Flow
PLXS
PLXS
UGI
UGI
Q1 26
Q4 25
$-155.0M
Q3 25
$-168.0M
Q2 25
$67.0M
Q1 25
$538.0M
Q4 24
$-47.0M
Q3 24
$-115.0M
Q2 24
$185.0M
FCF Margin
PLXS
PLXS
UGI
UGI
Q1 26
Q4 25
-7.5%
Q3 25
-14.4%
Q2 25
4.9%
Q1 25
20.4%
Q4 24
-2.4%
Q3 24
-9.5%
Q2 24
13.7%
Capex Intensity
PLXS
PLXS
UGI
UGI
Q1 26
Q4 25
10.7%
Q3 25
22.1%
Q2 25
16.3%
Q1 25
5.5%
Q4 24
10.6%
Q3 24
22.0%
Q2 24
15.2%
Cash Conversion
PLXS
PLXS
UGI
UGI
Q1 26
Q4 25
0.22×
Q3 25
Q2 25
Q1 25
1.43×
Q4 24
0.44×
Q3 24
Q2 24

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%

UGI
UGI

Segment breakdown not available.

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