Plexus (PLXS) Gross Margin (2009 - 2026)
Plexus' (PLXS) quarterly Gross Margin came in at 10.07% in Q3 2026, down 7.0% on a YoY basis from 10.83% in Q3 2025, and down 1.68% quarter-over-quarter from 10.24% in Q2 2026.
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Plexus (PLXS) Gross Margin (2009 - 2026) Analysis & Trends
Plexus (PLXS) has reported Gross Margin for 18 consecutive years, with 10.07% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Gross Margin fell 7.0% year-over-year to 10.07%; the trailing twelve-month figure through Jul 2026 stood at 10.04% (down 14.0% YoY), and the FY2025 full-year result was 10.08%, up 52.0% from the prior year.
- Gross Margin slipped to 10.07% in Q3 2026 per PLXS's latest filing, from 10.24% in the prior quarter.
- Across five years, Gross Margin topped out at 10.32% in Q4 2024 and bottomed at 8.56% in Q1 2022.
- Historically, Gross Margin has averaged 9.6% across 5 years, with a median of 9.62% in 2023.
- The sharpest annual moves came in 2022 and 2024: Gross Margin tumbled 172 bps in 2022, then jumped 135 bps in 2024.
- Over 5 years, Gross Margin stood at 9.25% in 2022, then decreased by 3 bps to 8.97% in 2023, then grew by 15 bps to 10.32% in 2024, then decreased by 4 bps to 9.9% in 2025, then rose by 2 bps to 10.07% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 10.07%, 10.24%, and 9.92% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Flex | 40.08 Bn | 37.24 Bn | 747.00 Mn | 9.42% |
| 2 | Celestica | 37.40 Bn | 36.87 Bn | 577.50 Mn | 12.29% |
| 3 | Jabil | 31.88 Bn | 30.52 Bn | 828.00 Mn | 9.46% |
| 4 | Fabrinet | 14.53 Bn | 13.66 Bn | 158.05 Mn | 12.01% |
| 5 | Ttm Technologies | 12.80 Bn | 12.28 Bn | 211.86 Mn | 21.10% |
| 6 | Sanmina | 11.09 Bn | 9.25 Bn | 363.31 Mn | 10.49% |
| 7 | Plexus | 6.59 Bn | 6.27 Bn | 131.38 Mn | 10.07% |
| 8 | Benchmark Electronics | 2.64 Bn | 2.32 Bn | 78.40 Mn | 10.37% |
| 9 | Kimball Electronics | 614.36 Mn | 525.44 Mn | 32.95 Mn | 8.87% |
| 10 | Eltek | 54.40 Mn | 42.89 Mn | - | - |
Historic Data
Download Data
Historic 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% |