Plexus (PLXS) Net Margin (2009 - 2026)
Plexus' (PLXS) quarterly Net Margin came in at 3.29% in Q3 2026, down 114.0% on a YoY basis from 23.51% in Q3 2025, and down 23.04% quarter-over-quarter from 4.28% in Q2 2026.
Analysis
Plexus (PLXS) Net Margin (2009 - 2026) Analysis & Trends
Plexus (PLXS) has reported Net Margin for 18 consecutive years, with 3.29% the latest figure, recorded in Q3 2026.
- For the quarter ending Q3 2026, Net Margin fell 114.0% year-over-year to 3.29%; the trailing twelve-month figure through Jul 2026 stood at 4.03% (down 1.0% YoY), and the FY2025 full-year result was 4.29%, up 146.0% from the prior year.
- Net Margin eased to 3.29% in Q3 2026 per PLXS's latest filing, from 4.28% in the prior quarter.
- Across five years, Net Margin topped out at 4.86% in Q3 2025 and bottomed at 1.54% in Q3 2023.
- Historically, Net Margin has averaged 3.53% across 5 years, with a median of 3.82% in 2022.
- The sharpest annual moves came in 2023 and 2025: Net Margin slumped 227 bps in 2023, then jumped 230 bps in 2025.
- Over 5 years, Net Margin stood at 3.86% in 2022, then slipped by 23 bps to 2.97% in 2023, then grew by 28 bps to 3.82% in 2024, then rose by 27 bps to 4.86% in 2025, then tumbled by 32 bps to 3.29% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 3.29%, 4.28%, and 3.84% for Q3 2026, Q2 2026, and Q1 2026 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Flex | 40.12 Bn | 37.28 Bn | 747.00 Mn | 3.59% |
| 2 | Celestica | 37.56 Bn | 37.02 Bn | 577.50 Mn | 7.38% |
| 3 | Jabil | 31.98 Bn | 30.62 Bn | 828.00 Mn | 3.14% |
| 4 | Fabrinet | 14.56 Bn | 13.69 Bn | 158.05 Mn | 10.58% |
| 5 | Ttm Technologies | 12.81 Bn | 12.29 Bn | 211.86 Mn | 8.27% |
| 6 | Sanmina | 11.11 Bn | 9.26 Bn | 363.31 Mn | 3.62% |
| 7 | Plexus | 6.60 Bn | 6.28 Bn | 131.38 Mn | 3.29% |
| 8 | Benchmark Electronics | 2.65 Bn | 2.33 Bn | 78.40 Mn | 2.63% |
| 9 | Kimball Electronics | 615.96 Mn | 527.03 Mn | 32.95 Mn | 2.29% |
| 10 | Eltek | 54.40 Mn | 42.89 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 3.29% |
| Apr 4, 2026 | 4.28% |
| Jan 3, 2026 | 3.84% |
| Sep 27, 2025 | 4.86% |
| Jun 28, 2025 | 4.43% |
| Mar 29, 2025 | 3.98% |
| Dec 28, 2024 | 3.82% |
| Sep 28, 2024 | 3.92% |
| Jun 29, 2024 | 2.61% |
| Mar 30, 2024 | 1.68% |
| Dec 30, 2023 | 2.97% |
| 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% |