Filing Flows › Plexus (PLXS) › Q3 FY26
Plexus (PLXS) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Aug 6, 2026
Plexus (PLXS) reported revenue of $1.3B for the third quarter fiscal 2026 (Q3 FY26), +28% from a year earlier and +12% from the quarter before. Operating margin was 4.7%, net earnings $43.0M (3.3% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +12% | +28% |
| Gross profit | $131M | +10% | +27% |
| Operating profit | $61.3M | -0.9% | +14% |
| Net earnings | $43.0M | -14% | -5% |
| Operating cash flow | $25.9M | -9% | -4% |
What changed
Revenue was $1.3B in Q3 FY26, up 28% year over year and up 12% from the previous quarter.
Gross margin was 10.1%, down 0.1 points from Q3 FY25. Operating profit was $0.06B, a 4.7% margin (down 0.6 points year over year). Of the extra revenue versus Q3 FY25, 3% reached operating profit, below the 5% margin then. Operating expenses grew 41% against revenue growth of 28%. Net earnings were $0.04B, down 5% year over year. The effective tax rate was 23.8%.
Operating cash flow was $0.03B (down 4% year over year), 60% of net earnings. Non-cash charges added back $0.02B of depreciation and $0.02B of share-based compensation. Working capital and other items used $0.06B. Capital expenditures of $0.03B exceeded it, leaving free cash flow of −$754K.
Questions
What was Plexus' revenue in the third quarter fiscal 2026?
Plexus (PLXS) reported revenue of $1.3B for the third quarter fiscal 2026 (Q3 FY26), +28% from a year earlier and +12% from the quarter before.
Was Plexus profitable in the third quarter fiscal 2026?
Operating profit was $61.3M (4.7% of revenue) and net earnings $43.0M.
Source: Plexus 10-Q on SEC EDGAR.