Plexus (PLXS) Tax Rate (2009 - 2026)
Plexus (PLXS) reported Tax Rate of 13.94% for Q2 2026, up 72.0% on a YoY basis from 8.1% in Q2 2025, and down 28.14% quarter-over-quarter from 19.4% in Q1 2026.
Plexus (PLXS) Tax Rate (2009 - 2026) Analysis & Trends
Plexus has reported Tax Rate for 18 years, with the latest figure at 13.94% in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 72.0% year-over-year to 13.94%; the trailing twelve-month figure through Apr 2026 stood at 10.04% (down 306.0% YoY), and the FY2025 full-year result was 8.05%, down 563.0% from the prior year.
- Tax Rate for Q2 2026 stood at 13.94%, down from 19.4% in the prior quarter.
- The five-year high for Tax Rate was 19.4% in Q1 2026, with the low at 3.55% in Q3 2025.
- Historically, Tax Rate has averaged 12.59% across 5 years, with a median of 13.67% in 2026.
- Annual changes were most pronounced in 2024 — Tax Rate jumped 783 bps — and 2025, when it slumped 1278 bps.
- Plexus' Tax Rate stood at 14.56% in 2022, then climbed by 10 bps to 16.07% in 2023, then declined by 11 bps to 14.25% in 2024, then tumbled by 125 bps to 3.55% in 2025, then soared by 492 bps to 13.94% in 2026.
- The last three Tax Rate figures came in at 13.94% (Q2 2026), 19.4% (Q1 2026), and 3.55% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 201.92 Bn | 196.89 Bn | 2.80 Bn | 42.68 |
| 2 | Corning | 167.41 Bn | 166.19 Bn | 1.53 Bn | 22.87 |
| 3 | TE Connectivity | 63.90 Bn | 62.94 Bn | 1.75 Bn | 9.24 |
| 4 | Flex | 54.73 Bn | 53.09 Bn | 702.00 Mn | 20.63 |
| 5 | Celestica | 42.91 Bn | 42.53 Bn | 437.20 Mn | 27.55 |
| 6 | Jabil | 39.52 Bn | 37.70 Bn | 746.00 Mn | 26.00 |
| 7 | Ttm Technologies | 22.37 Bn | 21.95 Bn | 181.18 Mn | 14.59 |
| 8 | Fabrinet | 20.58 Bn | 19.64 Bn | 144.34 Mn | 6.73 |
| 9 | Vicor | 15.04 Bn | 14.64 Bn | 62.37 Mn | -1.34 |
| 10 | Plexus | 8.03 Bn | 8.03 Bn | 119.18 Mn | 13.94 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 4, 2026 | 13.94% |
| Apr 4, 2026 | 13.94% |
| Jan 3, 2026 | 19.40% |
| Jan 3, 2026 | 19.40% |
| Sep 27, 2025 | -3.55% |
| Sep 27, 2025 | -3.55% |
| Jun 28, 2025 | 9.47% |
| Jun 28, 2025 | 9.47% |
| Mar 29, 2025 | 13.22% |
| Mar 29, 2025 | 13.22% |
| Dec 28, 2024 | 14.25% |
| Dec 28, 2024 | 14.25% |
| Sep 28, 2024 | 9.23% |
| Sep 28, 2024 | 9.23% |
| Jun 29, 2024 | 17.04% |
| Jun 29, 2024 | 17.04% |
| Mar 30, 2024 | 14.24% |
| Mar 30, 2024 | 14.24% |
| Dec 30, 2023 | 16.07% |
| Dec 30, 2023 | 16.07% |