Plexus (PLXS) Gross Margin (2009 - 2026)
Plexus (PLXS) reported Gross Margin of 10.24% for Q2 2026, up 27.0% on a YoY basis from 8.06% in Q2 2025, and up 3.22% quarter-over-quarter from 9.92% in Q1 2026.
Plexus (PLXS) Gross Margin (2009 - 2026) Analysis & Trends
Plexus has reported Gross Margin for 18 years, with the latest figure at 10.24% in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 27.0% year-over-year to 10.24%; the trailing twelve-month figure through Apr 2026 stood at 10.05% (down 5.0% YoY), and the FY2025 full-year result was 10.08%, up 52.0% from the prior year.
- Gross Margin for Q2 2026 stood at 10.24%, up from 9.92% in the prior quarter.
- The five-year high for Gross Margin was 10.32% in Q4 2024, with the low at 8.56% in Q1 2022.
- Historically, Gross Margin has averaged 9.58% across 5 years, with a median of 9.58% in 2022.
- Annual changes were most pronounced in 2022 — Gross Margin slumped 172 bps — and 2024, when it soared 135 bps.
- Plexus' Gross Margin 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 | 170.58 Bn | 165.55 Bn | 2.80 Bn | 36.75% |
| 2 | Corning | 152.19 Bn | 150.97 Bn | 1.53 Bn | 36.87% |
| 3 | TE Connectivity | 62.31 Bn | 61.34 Bn | 1.75 Bn | 36.78% |
| 4 | Flex | 56.36 Bn | 54.72 Bn | 702.00 Mn | 9.39% |
| 5 | Celestica | 42.71 Bn | 42.33 Bn | 437.20 Mn | 10.80% |
| 6 | Jabil | 37.62 Bn | 35.80 Bn | 746.00 Mn | 9.01% |
| 7 | Fabrinet | 22.26 Bn | 21.31 Bn | 144.34 Mn | 11.89% |
| 8 | Ttm Technologies | 17.40 Bn | 16.99 Bn | 181.18 Mn | 21.42% |
| 9 | Sanmina | 13.70 Bn | 12.12 Bn | 353.79 Mn | 8.82% |
| 10 | Plexus | 7.30 Bn | 7.30 Bn | 119.18 Mn | 10.24% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jul 3, 2021 | 9.09% |