Plexus (PLXS) Net Margin (2009 - 2026)
Plexus (PLXS) recorded Net Margin of 3.30% in fiscal Q3 2026 (quarter ended Jul 4, 2026), down 1.14 percentage points from 4.43% a year earlier and down 0.98 percentage points from the prior quarter.
Plexus (PLXS) Net Margin (2009 - 2026) Analysis & Trends
On a TTM basis, Plexus' Net Margin came in at 4.03% as of Jul 4, 2026, down 0.01 percentage points year-over-year; for FY2025 (ended Sep 27, 2025), it was 4.29%, up 1.46 percentage points from FY2024.
- Annual Net Margin has a five-year change of +0.82 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Net Margin came in at 2.82% in FY2024 (-0.48 pp), 3.30% in FY2023 (-0.32 pp), 3.63% in FY2022 (-0.50 pp) and 4.12% in FY2021 (+0.66 pp).
- The fiscal Q3 2026 figure is the lowest quarterly Net Margin since fiscal Q3 2024.
- On a year-over-year basis, Net Margin rose in six of the last eight quarters, with an average year-over-year change of +0.64 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 2.31 percentage points in fiscal Q2 2025, against a drop of 2.27 percentage points in fiscal Q3 2023 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 4.28% (Q2 2026), 3.85% (Q1 2026) and 4.86% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 27.23% |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 22.37% |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 8.80% |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 39.95% |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 77.00% |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 35.66% |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 85.27% |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 12.33% |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 12.61% |
| 10 | Plexus | 7.07 Bn | 5.90 Bn | 131.38 Mn | 3.30% |
Historic Data
| Date | Value |
|---|---|
| Jul 4, 2026 | 3.30% |
| Apr 4, 2026 | 4.28% |
| Jan 3, 2026 | 3.85% |
| 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 | 2.97% |
| Sep 30, 2023 | 3.93% |
| Jul 1, 2023 | 1.55% |
| 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 | 2.87% |
| Oct 2, 2021 | 3.95% |
Plexus Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=PLXS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "PLXS", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=PLXS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();