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Plexus Corp. PLXS

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$4.0B
▲ 1.8% YoY
$172.9M
▲ 54.6% YoY
$154.0M
▼ 54.9% YoY

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

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
2B3B
2008201120142017202020232025
Compound annual growth
+1.9%
+3.5%
+4.3%
+4.7%
+7.7%
+8.0%
+6.2%
+4.5%
+8.8%
+9.8%
+8.6%
+7.3%
+9.4%
+18.0%
+13.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +3.5% a year over the five years to FY2025 — 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%
2%4%
200820162025
ROE
FY2025 · ROE 12.4%
5%10%15%
200820162025
Three returns, three denominators.

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
150M300M-50M-100M
200820162025
Net buybacks $M Dividends $M
FY2025 · Dividends · · Net buybacks 65.3
100M200M
20082013201520172019202120232025

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—not applicable◌not available in our data
PLXS, 18-year financial record
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B4.04.04.23.83.43.43.22.92.52.62.72.42.22.32.22.01.61.8
Operating income $B0.20.20.20.20.20.20.10.10.10.10.10.10.10.10.10.10.10.1
EBITDA $B0.30.20.30.20.20.20.20.20.20.10.20.10.10.20.10.10.10.1
Income tax $B0.00.00.00.00.00.00.00.10.00.00.00.00.00.00.00.0−0.00.0
Net income $B0.20.10.10.10.10.10.10.00.10.10.10.10.10.10.10.10.00.1
Free cash flow $B0.20.30.1−0.10.10.20.00.00.10.10.00.00.10.10.1−0.10.10.0
EPS, diluted $6.264.014.954.864.763.933.500.383.242.242.742.522.361.752.302.191.171.92
Dividend / sh $◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌◌
Payout % — not applicable: no dividend——————————————————
ROE %12.48.812.013.013.912.712.21.311.58.711.611.812.210.314.715.29.317.8
Shares out B0.030.030.030.030.030.030.030.030.030.030.030.030.030.040.030.040.04◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

More in this sector

Other companies filing in the same sector

Provenance

Company facts, as filed

How we verify · 0 failures in 88 reconciliationsAUDITED

Reconciled in 18 of the 18 fiscal years we could check. Four checks were skipped: the balance sheet is not tagged before 2009. One check was skipped: EPS is not tagged before 2008. One check was skipped: revenue is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityPrinted Circuit Boards
Listed onNASDAQ
Incorporated inWisconsin
Fiscal year endsOctober 3
Data on record since2008

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