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

PLEXUS CORP is the larger business by last-quarter revenue ($1.2B vs $808.6M, roughly 1.4× WERNER ENTERPRISES INC). PLEXUS CORP runs the higher net margin — 4.3% vs -0.5%, a 4.8% gap on every dollar of revenue. On growth, PLEXUS CORP posted the faster year-over-year revenue change (18.7% vs 13.6%). Over the past eight quarters, PLEXUS CORP's revenue compounded faster (7.2% CAGR vs 4.3%).

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.

Werner Enterprises, Inc. is an American transportation and logistics company, serving the United States, Mexico and Canada. Werner Enterprises stated that it had 2023 revenues of $3.28 billion and over 14,000 employees and contractors.

PLXS vs WERN — Head-to-Head

Bigger by revenue
PLXS
PLXS
1.4× larger
PLXS
$1.2B
$808.6M
WERN
Growing faster (revenue YoY)
PLXS
PLXS
+5.2% gap
PLXS
18.7%
13.6%
WERN
Higher net margin
PLXS
PLXS
4.8% more per $
PLXS
4.3%
-0.5%
WERN
Faster 2-yr revenue CAGR
PLXS
PLXS
Annualised
PLXS
7.2%
4.3%
WERN

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
PLXS
PLXS
WERN
WERN
Revenue
$1.2B
$808.6M
Net Profit
$49.8M
$-4.3M
Gross Margin
10.2%
Operating Margin
5.3%
75.5%
Net Margin
4.3%
-0.5%
Revenue YoY
18.7%
13.6%
Net Profit YoY
27.5%
57.8%
EPS (diluted)
$1.82
$-0.07

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
WERN
WERN
Q1 26
$1.1B
$808.6M
Q4 25
$719.9M
Q3 25
$752.2M
Q2 25
$734.1M
Q1 25
$693.4M
Q4 24
$736.6M
Q3 24
$726.3M
Q2 24
$742.7M
Net Profit
PLXS
PLXS
WERN
WERN
Q1 26
$41.2M
$-4.3M
Q4 25
$-27.8M
Q3 25
$-20.6M
Q2 25
$44.1M
Q1 25
$-10.1M
Q4 24
$11.9M
Q3 24
$6.6M
Q2 24
$9.5M
Gross Margin
PLXS
PLXS
WERN
WERN
Q1 26
9.9%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
PLXS
PLXS
WERN
WERN
Q1 26
5.1%
75.5%
Q4 25
-5.0%
Q3 25
-1.7%
Q2 25
9.0%
Q1 25
-0.8%
Q4 24
1.8%
Q3 24
2.4%
Q2 24
2.6%
Net Margin
PLXS
PLXS
WERN
WERN
Q1 26
3.8%
-0.5%
Q4 25
-3.9%
Q3 25
-2.7%
Q2 25
6.0%
Q1 25
-1.5%
Q4 24
1.6%
Q3 24
0.9%
Q2 24
1.3%
EPS (diluted)
PLXS
PLXS
WERN
WERN
Q1 26
$1.51
$-0.07
Q4 25
$-0.46
Q3 25
$-0.34
Q2 25
$0.72
Q1 25
$-0.16
Q4 24
$0.19
Q3 24
$0.11
Q2 24
$0.15

Balance Sheet & Financial Strength

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

Metric
PLXS
PLXS
WERN
WERN
Cash + ST InvestmentsLiquidity on hand
$303.1M
$61.5M
Total DebtLower is stronger
$878.2M
Stockholders' EquityBook value
$1.5B
$1.4B
Total Assets
$3.4B
$3.3B
Debt / EquityLower = less leverage
0.65×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PLXS
PLXS
WERN
WERN
Q1 26
$248.8M
$61.5M
Q4 25
$59.9M
Q3 25
$51.0M
Q2 25
$51.4M
Q1 25
$52.0M
Q4 24
$40.8M
Q3 24
$54.7M
Q2 24
$70.4M
Total Debt
PLXS
PLXS
WERN
WERN
Q1 26
$878.2M
Q4 25
$752.0M
Q3 25
$725.0M
Q2 25
$725.0M
Q1 25
$640.0M
Q4 24
$650.0M
Q3 24
$690.0M
Q2 24
$670.0M
Stockholders' Equity
PLXS
PLXS
WERN
WERN
Q1 26
$1.5B
$1.4B
Q4 25
$1.4B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.4B
Q4 24
$1.5B
Q3 24
$1.4B
Q2 24
$1.5B
Total Assets
PLXS
PLXS
WERN
WERN
Q1 26
$3.2B
$3.3B
Q4 25
$2.9B
Q3 25
$3.0B
Q2 25
$2.9B
Q1 25
$3.0B
Q4 24
$3.1B
Q3 24
$3.1B
Q2 24
$3.1B
Debt / Equity
PLXS
PLXS
WERN
WERN
Q1 26
0.65×
Q4 25
0.55×
Q3 25
0.52×
Q2 25
0.51×
Q1 25
0.45×
Q4 24
0.45×
Q3 24
0.48×
Q2 24
0.46×

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%

WERN
WERN

Segment breakdown not available.

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