Plexus (PLXS) Net Margin (2009 - 2026)
Plexus (PLXS) reported Net Margin of 4.28% for Q2 2026, up 29.0% on a YoY basis from 3.32% in Q2 2025, and up 11.32% quarter-over-quarter from 3.84% in Q1 2026.
Plexus (PLXS) Net Margin (2009 - 2026) Analysis & Trends
Plexus has reported Net Margin for 18 years, with the latest figure at 4.28% in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 29.0% year-over-year to 4.28%; the trailing twelve-month figure through Apr 2026 stood at 4.35% (up 75.0% YoY), and the FY2025 full-year result was 4.29%, up 146.0% from the prior year.
- Net Margin for Q2 2026 stood at 4.28%, up from 3.84% in the prior quarter.
- The five-year high for Net Margin was 4.86% in Q3 2025, with the low at 1.54% in Q3 2023.
- Historically, Net Margin has averaged 3.54% across 5 years, with a median of 3.83% in 2024.
- Annual changes were most pronounced in 2023 — Net Margin sank 227 bps — and 2025, when it soared 230 bps.
- Plexus' Net Margin stood at 3.86% in 2022, then declined by 23 bps to 2.98% in 2023, then grew by 28 bps to 3.82% in 2024, then climbed by 27 bps to 4.86% in 2025, then fell by 12 bps to 4.28% in 2026.
- The last three Net Margin figures came in at 4.28% (Q2 2026), 3.84% (Q1 2026), and 4.86% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 170.58 Bn | 165.55 Bn | 2.80 Bn | 12.38% |
| 2 | Corning | 152.19 Bn | 150.97 Bn | 1.53 Bn | 9.85% |
| 3 | TE Connectivity | 62.31 Bn | 61.34 Bn | 1.75 Bn | - |
| 4 | Flex | 56.36 Bn | 54.72 Bn | 702.00 Mn | 3.34% |
| 5 | Celestica | 42.71 Bn | 42.33 Bn | 437.20 Mn | 4.59% |
| 6 | Jabil | 37.62 Bn | 35.80 Bn | 746.00 Mn | 2.68% |
| 7 | Fabrinet | 22.26 Bn | 21.31 Bn | 144.34 Mn | 10.31% |
| 8 | Ttm Technologies | 17.40 Bn | 16.99 Bn | 181.18 Mn | 5.91% |
| 9 | Sanmina | 13.70 Bn | 12.12 Bn | 353.79 Mn | 2.44% |
| 10 | Plexus | 7.30 Bn | 7.30 Bn | 119.18 Mn | 4.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 4, 2026 | 4.28% |
| Jan 3, 2026 | 3.84% |
| Sep 27, 2025 | 4.86% |
| Jun 28, 2025 | 4.43% |
| Mar 29, 2025 | 3.99% |
| Dec 28, 2024 | 3.82% |
| Sep 28, 2024 | 3.92% |
| Jun 29, 2024 | 2.62% |
| Mar 30, 2024 | 1.68% |
| Dec 30, 2023 | 2.98% |
| Sep 30, 2023 | 3.93% |
| Jul 1, 2023 | 1.54% |
| Apr 1, 2023 | 3.81% |
| Dec 31, 2022 | 3.86% |
| Oct 1, 2022 | 4.49% |
| Jul 2, 2022 | 3.82% |
| Apr 2, 2022 | 3.02% |
| Jan 1, 2022 | 2.86% |
| Oct 2, 2021 | 3.95% |
| Jul 3, 2021 | 3.39% |