Plexus Corp. (PLXS) Income Statement
PLXS FY2025 at a glance
Fiscal year ended September 30, 2025 · U.S. dollarsPLXS revenue and net income
Where PLXS's revenue goes
FY2025Each bar shows an amount and its share of revenue. PLXS kept 4.3% of revenue as net income.
PLXS profit margins
PLXS growth rates
to FY2025| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +1.8% | +1.9% | +3.5% | +4.3% |
| Gross profit | +7.4% | +5.4% | +5.4% | +5.4% |
| Operating income | +20.7% | +4.3% | +5.7% | +5.8% |
| Net income | +54.6% | +7.7% | +8.0% | +6.2% |
| EPS (diluted) | +40.7% | +14.6% | +12.8% | +10.3% |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
PLXS quarterly EPS vs estimates
Plexus beat the analyst EPS estimate in 8 of the last 8 quarters. Next report: October 28, 2026 (estimate $2.26).
PLXS income statement
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $4.03B | $3.96B | $4.21B | $3.81B | $3.37B | $3.39B | $3.16B | $2.87B | $2.53B | $2.56B |
| Cost of revenue | $3.63B | $3.58B | $3.82B | $3.46B | $3.05B | $3.08B | $2.87B | $2.62B | $2.27B | $2.33B |
| Gross profit | $406.5M | $378.5M | $394.6M | $347.2M | $323.3M | $312.7M | $291.8M | $257.6M | $255.9M | $227.4M |
| Research & development | — | — | — | — | — | — | — | $0 | $0 | $0 |
| Sales, general & admin | $199.5M | $190.5M | $175.6M | $167.0M | $143.8M | $153.3M | $148.1M | $139.3M | $125.9M | $120.9M |
| Total operating expenses | $204.1M | $210.8M | $198.7M | $169.0M | $147.0M | $159.3M | $149.8M | $139.3M | $125.9M | $120.9M |
| Operating income | $202.4M | $167.7M | $195.8M | $178.2M | $176.3M | $153.4M | $142.1M | $118.3M | $129.9M | $99.4M |
| Interest income | $3.9M | $3.9M | $3.1M | $1.3M | $1.4M | $1.9M | $1.9M | $4.7M | $5.0M | $4.2M |
| Interest expense | $11.6M | $28.9M | $31.5M | $15.9M | $14.3M | $16.2M | $12.9M | $12.2M | $13.6M | $14.6M |
| Income before taxes | $188.0M | $129.5M | $161.0M | $158.3M | $160.4M | $135.4M | $126.0M | $107.6M | $121.8M | $87.4M |
| Income taxes | $15.1M | $17.7M | $21.9M | $20.1M | $21.5M | $17.9M | $17.3M | $94.6M | $9.8M | $11.0M |
| Net income | $172.9M | $111.8M | $139.1M | $138.2M | $138.9M | $117.5M | $108.6M | $13.0M | $112.1M | $76.4M |
| EBITDA | $277.4M | $236.3M | $262.3M | $236.8M | $235.7M | $208.2M | $191.0M | $166.0M | $180.7M | $149.4M |
| EPS (diluted) | $7.43 | $5.28 | $5.70 | $4.94 | $4.87 | $4.07 | $3.44 | $3.24 | $3.24 | $2.66 |
| Gross margin | 10.1% | 9.6% | 9.4% | 9.1% | 9.6% | 9.2% | 9.2% | 9.0% | 10.1% | 8.9% |
| Operating margin | 5.0% | 4.2% | 4.7% | 4.7% | 5.2% | 4.5% | 4.5% | 4.1% | 5.1% | 3.9% |
| Net margin | 4.3% | 2.8% | 3.3% | 3.6% | 4.1% | 3.5% | 3.4% | 0.5% | 4.4% | 3.0% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.30B | $1.16B | $1.07B | $1.06B | $1.02B | $980.2M | $976.1M | $1.05B | $960.8M | $966.9M | $982.6M | $1.02B |
| Cost of revenue | $1.17B | $1.04B | $963.7M | $953.6M | $915.0M | $882.4M | $875.4M | $942.7M | $866.3M | $878.8M | $894.5M | $927.2M |
| Gross profit | $131.4M | $119.2M | $106.1M | $104.8M | $103.3M | $97.8M | $100.7M | $107.9M | $94.4M | $88.1M | $88.1M | $96.7M |
| Sales, general & admin | $70.1M | $57.3M | $51.7M | $51.7M | $49.7M | $49.0M | $49.1M | $54.1M | $46.0M | $47.6M | $43.0M | $43.4M |
| Total operating expenses | $70.1M | $57.3M | $51.7M | $51.7M | $49.7M | $49.0M | $53.8M | $54.1M | $55.2M | $58.6M | $43.0M | $43.4M |
| Operating income | $61.3M | $61.8M | $54.5M | $53.1M | $53.6M | $48.8M | $46.9M | $53.9M | $39.2M | $29.5M | $45.2M | $53.3M |
| Interest income | $1.5M | $812,000 | $984,000 | $883,000 | $934,000 | $871,000 | $1.2M | $1.2M | $1.0M | $817,000 | $808,000 | $847,000 |
| Interest expense | $4.1M | $3.4M | $2.9M | $2.4M | $2.5M | $3.1M | $3.6M | $5.6M | $7.4M | $8.3M | $7.6M | $8.1M |
| Income before taxes | $56.4M | $57.9M | $51.0M | $49.7M | $49.8M | $45.0M | $43.5M | $45.4M | $30.3M | $19.0M | $34.8M | $46.4M |
| Income taxes | $13.5M | $8.1M | $9.8M | −$1.8M | $4.7M | $6.0M | $6.2M | $4.2M | $5.2M | $2.7M | $5.6M | $6.1M |
| Net income | $43.0M | $49.8M | $41.2M | $51.4M | $45.1M | $39.1M | $37.3M | $41.2M | $25.1M | $16.2M | $29.2M | $40.3M |
| EBITDA | $81.2M | $80.6M | $73.2M | $71.4M | $71.9M | $67.7M | $66.5M | $70.6M | $57.4M | $46.6M | $61.6M | $72.9M |
| EPS (diluted) | $1.58 | $2.05 | $1.78 | $2.14 | $1.90 | $1.66 | $1.73 | $1.85 | $1.45 | $0.94 | $1.04 | $1.44 |
| Gross margin | 10.1% | 10.2% | 9.9% | 9.9% | 10.1% | 10.0% | 10.3% | 10.3% | 9.8% | 9.1% | 9.0% | 9.4% |
| Operating margin | 4.7% | 5.3% | 5.1% | 5.0% | 5.3% | 5.0% | 4.8% | 5.1% | 4.1% | 3.0% | 4.6% | 5.2% |
| Net margin | 3.3% | 4.3% | 3.8% | 4.9% | 4.4% | 4.0% | 3.8% | 3.9% | 2.6% | 1.7% | 3.0% | 3.9% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in PLXS's financial statements (latest annual report filed November 14, 2025); data from EODHD. Sales, general & administrative expenses include sales and marketing.
PLXS financial results
In fiscal year 2025 (ended September 30, 2025), Plexus reported revenue of $4.0 billion, up 1.8% from the year before. It had net income of $172.9 million (up 54.6%), a net profit margin of 4.3%. Diluted earnings per share came to $7.43. Over five years revenue grew at an average rate of 3.5% a year.
See the PLXS stock overview for the latest quote and news, or the PLXS chart for price history and technical indicators.
PLXS income statement FAQ
What is Plexus's annual revenue?
Plexus reported total revenue of $4.0 billion for fiscal year 2025, which ended on September 30, 2025. That was up 1.8% from $4.0 billion the previous year.
Is Plexus profitable?
Yes. Plexus reported net income of $172.9 million in fiscal 2025, a net profit margin of 4.3%; its operating margin was 5.0%.
What is Plexus's gross margin?
Plexus's gross margin was 10.1% in fiscal 2025: for every $100 of revenue, Plexus kept $10 after the direct cost of its products and services.
How fast is Plexus growing?
Revenue grew 3.5% a year on average over the last five fiscal years, from $3.4 billion to $4.0 billion.
What are Plexus's earnings per share?
Plexus earned $7.43 per diluted share in fiscal 2025, compared with $5.28 a year earlier.
When will Plexus report its next earnings?
Plexus is expected to report results for the quarter ending September 30, 2026 on October 28, 2026 after the market closes.
When does Plexus's fiscal year end?
Plexus's fiscal year ends in September. The latest annual report covers the year ended September 30, 2025 and was filed on November 14, 2025.