Filing Flows › Plexus (PLXS) › Q3 FY26 › vs Q2 FY26
Plexus (PLXS) Q3 FY26 vs Q2 FY26 (quarter over quarter)
Plexus's revenue rose $141M (+12%) from $1.2B in Q2 FY26 to $1.3B in Q3 FY26. Gross margin 10.1% against 10.2% (-0.2 pts).
Plexus, Q3 FY26: revenue $1.3B (+28% year over year), operating margin 4.7%, net earnings $43.0M, operating cash flow $25.9M. The chart draws each line against Q2 FY26, the increases inside each band.
Margins
| Q3 FY26 | Q2 FY26 | Change | |
|---|---|---|---|
| Gross margin | 10.1% | 10.2% | -0.2 pts |
| Operating margin | 4.7% | 5.3% | -0.6 pts |
| Net margin | 3.3% | 4.3% | -1.0 pts |
Every line
| Line | Q3 FY26 | Q2 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $1.3B | $1.2B | $141M | +12% |
| Gross profit | $131M | $119M | $12.2M | +10% |
| Cost of revenue | $1.2B | $1.0B | $129M | +12% |
| Operating profit | $61.3M | $61.8M | −$577K | -0.9% |
| Operating expenses | $70.1M | $57.3M | $12.8M | +22% |
| Pre-tax earnings | $56.4M | $57.9M | −$1.4M | -2% |
| Other expense, net | $4.8M | $4.0M | $851K | +21% |
| Net earnings | $43.0M | $49.8M | −$6.8M | -14% |
| Income tax | $13.5M | $8.1M | $5.4M | +67% |
| Operating cash sources | $83.0M | $77.0M | $6.0M | +8% |
| Depreciation | $18.9M | $19.3M | −$393K | -2% |
| Share-based compensation | $21.1M | $7.9M | $13.2M | +167% |
| Working capital & other | $57.1M | $48.5M | $8.6M | +18% |
| Operating cash flow | $25.9M | $28.5M | −$2.6M | -9% |
| Capital expenditures | $26.7M | $12.5M | $14.2M | +114% |
| Negative free cash flow (OCF − capex) | $754K | −$16.0M | $16.8M | — |
Questions
How much did Plexus's revenue grow quarter over quarter in Q3 FY26?
Plexus's revenue rose $141M (+12%) from $1.2B in Q2 FY26 to $1.3B in Q3 FY26. Gross margin 10.1% against 10.2% (-0.2 pts).