Plexus Corp.

PLXS Technology Electronic Components

Plexus Corp.’s revenue for fiscal 2026 (year ended September 2026) was $5.0 billion, up 23.1% from fiscal 2025.

Revenue
+34.8%
EPS
+34.7%
Free cash flow
−93.4%
Total debt
+89.3%

Quarter to September 2026, against a year earlier

189.03 17.69 −8.56%
Market cap
$5.0B
P/E
24.9×
Fwd P/E
29.9×
Dividend yield
—
F-score
7/9
Altman Z
4.33
Beneish M
−2.05
Dividend safety
n/a

Plexus Corp. (PLXS) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2025: revenue by segment, and margins
APAC 2,393 59.33%
AMER 1,216 30.16%
EMEA 440 10.91%
Gross margin 10.08%
Operating margin 5.02%
Pre-tax margin 4.66%

Revenue by segment $m

Line FY2025 FY2024 FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017 FY2016 FY2015 FY2014 FY2013 FY2010 FY2009
APAC 2,393 2,213 2,362 2,198 1,851 1,825 1,557 1,498 1,279 1,162 1,286 1,133 1,146 925 588
AMER 1,216 1,219 1,469 1,300 1,317 1,328 1,429 1,219 1,166 1,329 1,389 1,238 1,063 1,245 1,084
EMEA 440 538 402 313 311 343 304 281 193 170 140 116 123 73 56
Other, not broken out — — — 116 — — — — — — — — — — —
Eliminations — — (23) — — — — (125) (110) (105) (161) (108) (104) (229) (111)
Revenue 4,033 3,961 4,210 3,928 3,481 3,502 3,296 2,874 2,528 2,556 2,654 2,378 2,228 2,013 1,617

Operating income by segment $m, and margin

Revenue by region $m

Line FY2025 FY2024 FY2022 FY2021 FY2020 FY2019 FY2014 FY2013
MALAYSIA 1,872 1,762 1,846 1,495 1,432 1,138 798 878
UNITED STATES 691 719 869 914 990 1,198 1,188 1,004
Mexico 526 501 442 403 338 232 50 59
China 414 384 454 356 393 419 334 269
ROMANIA 334 424 217 203 217 196 39 38
Thailand 107 67 1 0 0 — — —
United Kingdom 106 111 91 99 118 100 72 82
Germany 0 3 8 11 13 14 4 3
Intersegment Eliminations — — — — — — (108) (104)
Revenue 4,033 3,961 3,928 3,481 3,502 3,296 2,378 2,228

Operating income by segment $m, and margin

Operating figures as reported in each quarter’s results release or filing

Figure Quarter Latest A year before Change
Annualized cash cycle Q4 FY2026 62.00 63.00 −1.59%
Days in accounts payable Q4 FY2026 −81.00 −70.00 −15.71%
Days in accounts receivable Q4 FY2026 60.00 57.00 +5.26%
Days in advanced payments Q4 FY2026 −49.00 −55.00 +10.91%
Days in contract assets Q4 FY2026 13.00 13.00 0.00%
Days in inventory Q4 FY2026 119.00 118.00 +0.85%
Facilities Q4 FY2026 29.00 — —
Manufacturing programs won Q4 FY2026 36.00 28.00 +28.57%
Manufacturing program wins annualized revenue Q4 FY2026 $290.0M $274.0M +5.84%
Top 10 customers' share of revenue Q4 FY2026 56.0% 49.0% —

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.