Plexus (PLXS) Gross Margin (2009 - 2026)
Plexus' (PLXS) quarterly Gross Margin came in at 10.24% in Q2 2026, up 27.0% YoY from 8.06% in Q2 2025, and up 3.22% on a QoQ basis from 9.92% in Q1 2026.
Plexus (PLXS) Gross Margin (2009 - 2026) Analysis & Trends
Plexus (PLXS) has 18 years of Gross Margin data on file, last reported at 10.24% in Q2 2026.
- Quarterly Gross Margin rose 27.0% year-over-year to 10.24% in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 10.05% (down 5.0% YoY) and the FY2025 annual result came in at 10.08%, up 52.0% from the prior year.
- Gross Margin grew to 10.24% in Q2 2026, from 9.92% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 10.32% in Q4 2024 to a low of 8.56% in Q1 2022.
- A 5-year average of 9.58% and a median of 9.58% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 172 bps — and 2024, when it soared 135 bps.
- Tracing PLXS's Gross Margin over 5 years: stood at 9.25% in 2022, then fell by 3 bps to 8.97% in 2023, then advanced by 15 bps to 10.32% in 2024, then fell by 4 bps to 9.9% in 2025, then grew by 3 bps to 10.24% in 2026.
- The last three Gross Margin figures came in at 10.24% (Q2 2026), 9.92% (Q1 2026), and 9.9% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 376.80 Bn | 370.69 Bn | 3.55 Bn | 40.51% |
| 2 | Corning | 130.52 Bn | 128.01 Bn | 1.63 Bn | 36.14% |
| 3 | TE Connectivity | 58.24 Bn | 57.00 Bn | 1.84 Bn | 35.56% |
| 4 | Flex | 40.39 Bn | 37.55 Bn | 747.00 Mn | 9.42% |
| 5 | Celestica | 34.83 Bn | 34.29 Bn | 577.50 Mn | 12.29% |
| 6 | Jabil | 33.37 Bn | 32.01 Bn | 828.00 Mn | 9.46% |
| 7 | Fabrinet | 15.92 Bn | 15.05 Bn | 158.05 Mn | 12.01% |
| 8 | Ttm Technologies | 11.93 Bn | 11.42 Bn | 211.86 Mn | 21.10% |
| 9 | Littelfuse | 10.43 Bn | 9.81 Bn | 306.06 Mn | 41.43% |
| 10 | Plexus | 6.46 Bn | 6.14 Bn | 131.38 Mn | 10.07% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jul 4, 2026 | 10.07% |
| Apr 4, 2026 | 10.24% |
| Jan 3, 2026 | 9.92% |
| Sep 27, 2025 | 9.90% |
| Jun 28, 2025 | 10.14% |
| Mar 29, 2025 | 9.97% |
| Dec 28, 2024 | 10.32% |
| Sep 28, 2024 | 10.27% |
| Jun 29, 2024 | 9.83% |
| Mar 30, 2024 | 9.11% |
| Dec 30, 2023 | 8.97% |
| Sep 30, 2023 | 9.45% |
| Jul 1, 2023 | 9.17% |
| Apr 1, 2023 | 9.62% |
| Dec 31, 2022 | 9.25% |
| Oct 1, 2022 | 9.53% |
| Jul 2, 2022 | 9.54% |
| Apr 2, 2022 | 8.61% |
| Jan 1, 2022 | 8.56% |
| Oct 2, 2021 | 9.36% |