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

Zoetis is the larger business by last-quarter revenue ($2.3B vs $1.2B, roughly 1.9× PLEXUS CORP). Zoetis runs the higher net margin — 26.6% vs 4.3%, a 22.3% gap on every dollar of revenue. On growth, PLEXUS CORP posted the faster year-over-year revenue change (18.7% vs 2.9%). Over the past eight quarters, PLEXUS CORP's revenue compounded faster (7.2% CAGR vs -2.1%).

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.

Zoetis Inc. (/zō-EH-tis/) is an American drug company, the world's largest producer of medicine and vaccinations for pets and livestock. The company was a subsidiary of Pfizer, the world's largest drug maker, but with Pfizer's spinoff of its 83% interest in the firm it is now a completely independent company. The company directly markets its products in approximately 45 countries, and sells them in more than 100 countries. Operations outside the United States accounted for 50% of the total re...

PLXS vs ZTS — Head-to-Head

Bigger by revenue
ZTS
ZTS
1.9× larger
ZTS
$2.3B
$1.2B
PLXS
Growing faster (revenue YoY)
PLXS
PLXS
+15.8% gap
PLXS
18.7%
2.9%
ZTS
Higher net margin
ZTS
ZTS
22.3% more per $
ZTS
26.6%
4.3%
PLXS
Faster 2-yr revenue CAGR
PLXS
PLXS
Annualised
PLXS
7.2%
-2.1%
ZTS

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
PLXS
PLXS
ZTS
ZTS
Revenue
$1.2B
$2.3B
Net Profit
$49.8M
$601.0M
Gross Margin
10.2%
71.7%
Operating Margin
5.3%
Net Margin
4.3%
26.6%
Revenue YoY
18.7%
2.9%
Net Profit YoY
27.5%
-0.2%
EPS (diluted)
$1.82
$1.42

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
ZTS
ZTS
Q1 26
$1.1B
$2.3B
Q4 25
$2.4B
Q3 25
$2.4B
Q2 25
$2.5B
Q1 25
$2.2B
Q4 24
$2.3B
Q3 24
$2.4B
Q2 24
$2.4B
Net Profit
PLXS
PLXS
ZTS
ZTS
Q1 26
$41.2M
$601.0M
Q4 25
$603.0M
Q3 25
$721.0M
Q2 25
$718.0M
Q1 25
$631.0M
Q4 24
$581.0M
Q3 24
$682.0M
Q2 24
$624.0M
Gross Margin
PLXS
PLXS
ZTS
ZTS
Q1 26
9.9%
71.7%
Q4 25
70.2%
Q3 25
71.5%
Q2 25
73.6%
Q1 25
72.0%
Q4 24
69.5%
Q3 24
70.6%
Q2 24
71.7%
Operating Margin
PLXS
PLXS
ZTS
ZTS
Q1 26
5.1%
Q4 25
31.9%
Q3 25
37.0%
Q2 25
36.7%
Q1 25
36.5%
Q4 24
31.6%
Q3 24
36.6%
Q2 24
33.0%
Net Margin
PLXS
PLXS
ZTS
ZTS
Q1 26
3.8%
26.6%
Q4 25
25.3%
Q3 25
30.0%
Q2 25
29.2%
Q1 25
28.4%
Q4 24
25.1%
Q3 24
28.6%
Q2 24
26.4%
EPS (diluted)
PLXS
PLXS
ZTS
ZTS
Q1 26
$1.51
$1.42
Q4 25
$1.37
Q3 25
$1.63
Q2 25
$1.61
Q1 25
$1.41
Q4 24
$1.29
Q3 24
$1.50
Q2 24
$1.37

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PLXS
PLXS
ZTS
ZTS
Q1 26
$248.8M
Q4 25
Q3 25
$2.1B
Q2 25
$1.4B
Q1 25
$1.7B
Q4 24
$2.0B
Q3 24
$1.7B
Q2 24
$1.6B
Stockholders' Equity
PLXS
PLXS
ZTS
ZTS
Q1 26
$1.5B
Q4 25
$3.3B
Q3 25
$5.4B
Q2 25
$5.0B
Q1 25
$4.7B
Q4 24
$4.8B
Q3 24
$5.2B
Q2 24
$5.0B
Total Assets
PLXS
PLXS
ZTS
ZTS
Q1 26
$3.2B
Q4 25
$15.5B
Q3 25
$15.2B
Q2 25
$14.5B
Q1 25
$14.1B
Q4 24
$14.2B
Q3 24
$14.4B
Q2 24
$14.2B

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%

ZTS
ZTS

Companion Animal$1.5B67%
Livestock$720.0M32%
Contract Manufacturing & Human Health$23.0M1%

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