Filing Flows › Plexus (PLXS) › Q3 FY25
Plexus (PLXS) Q3 FY25 earnings results (third quarter fiscal 2025)
10-Q filed Aug 1, 2025
Plexus (PLXS) reported revenue of $1.0B for the third quarter fiscal 2025 (Q3 FY25), +6% from a year earlier and +4% from the quarter before. Operating margin was 5.3%, net earnings $45.1M (4.4% of revenue).
Plexus, Q3 FY25: revenue $1.0B (+6% year over year), operating margin 5.3%, net earnings $45.1M, operating cash flow $26.9M. The chart follows the revenue to costs, profit and cash.
| Q3 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | +4% | +6% |
| Gross profit | $103M | +6% | +9% |
| Operating profit | $53.6M | +10% | +37% |
| Net earnings | $45.1M | +15% | +79% |
| Operating cash flow | $26.9M | -27% | -80% |
| Free cash flow | $13.2M | -20% | -88% |
What changed
Revenue was $1.0B in Q3 FY25, up 6% year over year and up 4% from the previous quarter.
Gross margin was 10.1%, up 0.3 points from a year earlier. Operating profit was $0.05B, a 5.3% margin (up 1.2 points year over year). Of the extra revenue versus a year earlier, 25% reached operating profit, above the 4% margin then. Operating expenses fell 10% while revenue rose 6%. Net earnings were $0.05B, up 79% year over year. The effective tax rate was 9.5%.
Operating cash flow was $0.03B (down 80% year over year), 60% of net earnings. Non-cash charges added back $0.02B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.05B. Capital expenditures of $0.01B left free cash flow of $0.01B.
Questions
What was Plexus' revenue in the third quarter fiscal 2025?
Plexus (PLXS) reported revenue of $1.0B for the third quarter fiscal 2025 (Q3 FY25), +6% from a year earlier and +4% from the quarter before.
Was Plexus profitable in the third quarter fiscal 2025?
Operating profit was $53.6M (5.3% of revenue) and net earnings $45.1M.
Source: Plexus 10-Q on SEC EDGAR.