MARKETS / NASDAQ / PLXS

NASDAQ · PRINTED CIRCUIT BOARDS · LARGE CAP

Plexus Corp. PLXS

18 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$4.0B

▲ 1.8% YoY

Net income

$172.9M

▲ 54.6% YoY

Free cash flow

$154.0M

▼ 54.9% YoY

In brief

What this company does

Plexus Corp. partners with its customers to design, manufacture and service highly complex products in demanding regulatory environments. It provides most of its solutions on a turnkey basis, under which it procures and warehouses all materials required for product assembly, and provides select solutions on a consignment basis, under which customers supply the necessary materials while it provides the labor and other services required for product assembly. It provides these solutions to companies in the Aerospace/Defense, Healthcare/Life Sciences, and Industrial market sectors, supported by a global team of over 20,000 members across facilities in the Americas, Asia-Pacific and Europe, Middle East and Africa regions. Plexus is a Wisconsin-headquartered corporation operating from 26 active facilities, totaling approximately 5.0 million square feet. During fiscal 2025, it served approximately 190 customers, and no customer accounted for over 10% of its sales in fiscal 2025 or 2024. For fiscal 2025, net sales by market sector were 17% Aerospace/Defense, 40% Healthcare/Life Sciences and 43% Industrial.

Written from the business description in PLEXUS CORP.'s annual report to the U.S. Securities and Exchange Commission, filed 14 November 2025. Every sentence was checked against that document before publication.

Growth

USD 4.0B

Revenue, FY2025 · full 18-year series below

Revenue $B Net income $B

FY2025 · Revenue 4.0 · Net income 0.2

Compound annual growth

Revenue

+1.9%

+3.5%

+4.3%

+4.7%

Net income

+7.7%

+8.0%

+6.2%

+4.5%

EPS, diluted

+8.8%

+9.8%

+8.6%

+7.3%

Returned to shareholders

+9.4%

+18.0%

+13.4%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +3.5% a year over five years — but profit grew faster: net income at +8.0%, earnings per share at +9.8%.

The share count fell from 0.03B to 0.03B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

4 cents

of every revenue dollar became profit

Operating margin Net margin

FY2025 · Operating 5.0% · Net 4.3%

ROE

FY2025 · ROE 12.4%

Gross margin10.1%

Operating margin5.0%

Net margin4.3%

Return on assets5.5%

EBITDAUSD 280.2M

Each USD of equity produced 12 cents of profit this year.

Cash & shareholders

USD 65.3M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 154.0

Net buybacks $M Dividends $M

FY2025 · Dividends — · Net buybacks 65.3

Dividends paid—

Net buybacksUSD 65.3M

Share of profit37.8%

Consecutive raises—

USD 65.3M in buybacks — 38% of the year's profit went back to shareholders.

Total assetsUSD 3.1B

EquityUSD 1.5B

CashUSD 306.5M

Current ratio1.58×

Equity funds 46% of total assets.

The 18-year record

18 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008
Revenue $B	4.0	4.0	4.2	3.8	3.4	3.4	3.2	2.9	2.5	2.6	2.7	2.4	2.2	2.3	2.2	2.0	1.6	1.8
Operating income $B	0.2	0.2	0.2	0.2	0.2	0.2	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1
EBITDA $B	0.3	0.2	0.3	0.2	0.2	0.2	0.2	0.2	0.2	0.1	0.2	0.1	0.1	0.2	0.1	0.1	0.1	0.1
Income tax $B	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.1	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	−0.0	0.0
Net income $B	0.2	0.1	0.1	0.1	0.1	0.1	0.1	0.0	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.1	0.0	0.1
Free cash flow $B	0.2	0.3	0.1	−0.1	0.1	0.2	0.0	0.0	0.1	0.1	0.0	0.0	0.1	0.1	0.1	−0.1	0.1	0.0
EPS, diluted $	6.26	4.01	4.95	4.86	4.76	3.93	3.50	0.38	3.24	2.24	2.74	2.52	2.36	1.75	2.30	2.19	1.17	1.92
Dividend / sh $	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·
Payout %	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·	·
ROE %	12.4	8.8	12.0	13.0	13.9	12.7	12.2	1.3	11.5	8.7	11.6	11.8	12.2	10.3	14.7	15.2	9.3	17.8
Shares out B	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.03	0.04	0.03	0.04	0.04	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 88 reconciliationsAUDITED

Reconciled in 18 of 19 fiscal years. 7 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityPrinted Circuit Boards

Listed onNASDAQ

Incorporated inWisconsin

Fiscal year endsOctober 3

Data on record since2008