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Side-by-side financial comparison of PLEXUS CORP (PLXS) and VinFast Auto Ltd. (VFS). Click either name above to swap in a different company.
PLEXUS CORP is the larger business by last-quarter revenue ($1.2B vs $718.6M, roughly 1.6× VinFast Auto Ltd.). PLEXUS CORP runs the higher net margin — 4.3% vs -2.8%, a 7.1% gap on every dollar of revenue.
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.
VinFast Auto Ltd. is a Vietnamese multinational automotive company founded by Vingroup, one of the largest private conglomerates in Vietnam that was founded by Phạm Nhật Vượng.
PLXS vs VFS — Head-to-Head
Income Statement — Q2 FY2026 vs Q3 FY2025
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $718.6M |
| Net Profit | $49.8M | $-20.0M |
| Gross Margin | 10.2% | — |
| Operating Margin | 5.3% | -96.1% |
| Net Margin | 4.3% | -2.8% |
| Revenue YoY | 18.7% | — |
| Net Profit YoY | 27.5% | — |
| EPS (diluted) | $1.82 | — |
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 | — | ||
| Q3 25 | — | $718.6M | ||
| Q2 25 | — | $663.0M | ||
| Q1 25 | — | $656.5M | ||
| Q3 24 | — | $511.6M | ||
| Q1 24 | — | $302.6M | ||
| Q3 23 | $1.0B | — | ||
| Q2 23 | $1.1B | — |
| Q1 26 | $41.2M | — | ||
| Q3 25 | — | $-20.0M | ||
| Q2 25 | — | $-51.8M | ||
| Q1 25 | — | $-26.1M | ||
| Q3 24 | — | $-10.4M | ||
| Q1 24 | — | $-618.3M | ||
| Q3 23 | $15.8M | — | ||
| Q2 23 | $40.8M | — |
| Q1 26 | 9.9% | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 23 | 8.9% | — | ||
| Q2 23 | 9.4% | — |
| Q1 26 | 5.1% | — | ||
| Q3 25 | — | -96.1% | ||
| Q2 25 | — | -79.0% | ||
| Q1 25 | — | -74.0% | ||
| Q3 24 | — | -65.9% | ||
| Q1 24 | — | -139.4% | ||
| Q3 23 | 2.7% | — | ||
| Q2 23 | 5.2% | — |
| Q1 26 | 3.8% | — | ||
| Q3 25 | — | -2.8% | ||
| Q2 25 | — | -7.8% | ||
| Q1 25 | — | -4.0% | ||
| Q3 24 | — | -2.0% | ||
| Q1 24 | — | -204.3% | ||
| Q3 23 | 1.5% | — | ||
| Q2 23 | 3.7% | — |
| Q1 26 | $1.51 | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 23 | $0.56 | — | ||
| Q2 23 | $1.45 | — |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $303.1M | $8.8M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $1.5B | — |
| Total Assets | $3.4B | $183.2M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $248.8M | — | ||
| Q3 25 | — | $8.8M | ||
| Q2 25 | — | $650.0M | ||
| Q1 25 | — | $2.4M | ||
| Q3 24 | — | $1.9M | ||
| Q1 24 | — | $3.0M | ||
| Q3 23 | $253.0M | — | ||
| Q2 23 | $269.7M | — |
| Q1 26 | $1.5B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | $-7.2B | ||
| Q1 25 | — | — | ||
| Q3 24 | — | — | ||
| Q1 24 | — | — | ||
| Q3 23 | $1.2B | — | ||
| Q2 23 | $1.2B | — |
| Q1 26 | $3.2B | — | ||
| Q3 25 | — | $183.2M | ||
| Q2 25 | — | $7.2B | ||
| Q1 25 | — | $158.2M | ||
| Q3 24 | — | $151.8M | ||
| Q1 24 | — | $145.6M | ||
| Q3 23 | $3.4B | — | ||
| Q2 23 | $3.4B | — |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
PLXS
| Asia-Pacific | $652.0M | 56% |
| Americas | $397.0M | 34% |
| Europe, Middle East and Africa | $116.0M | 10% |
VFS
| Sales of vehicles | $662.9M | 92% |
| Sales of spare parts and components | $41.3M | 6% |
| Revenue from leasing activities | $12.3M | 2% |
| Finance income | $2.4M | 0% |
| Rendering of services | $1.2M | 0% |
