Filing Flows › Plexus (PLXS) › Q4 FY26 › vs Q4 FY25
Plexus (PLXS) Q4 FY26 vs Q4 FY25 (year over year)
Plexus's revenue rose $368M (+35%) from $1.1B in Q4 FY25 to $1.4B in Q4 FY26. Gross margin 10.2% against 9.9% (+0.3 pts).
Plexus, Q4 FY26: revenue $1.4B (+35% year over year), operating margin 6.0%, net earnings $68.5M, operating cash flow $29.2M. The chart draws each line against Q4 FY25, the increases inside each band.
Margins
| Q4 FY26 | Q4 FY25 | Change | |
|---|---|---|---|
| Gross margin | 10.2% | 9.9% | +0.3 pts |
| Operating margin | 6.0% | 5.0% | +1.0 pts |
| Net margin | 4.8% | 4.9% | -0.1 pts |
| Free cash flow margin | 0.4% | 9.2% | -8.7 pts |
Every line
| Line | Q4 FY26 | Q4 FY25 | Change | % |
|---|---|---|---|---|
| Revenue | $1.4B | $1.1B | $368M | +35% |
| Gross profit | $146M | $105M | $41.2M | +39% |
| Cost of revenue | $1.3B | $954M | $327M | +34% |
| Operating profit | $86.3M | $53.1M | $33.2M | +62% |
| Operating expenses | $59.7M | $51.7M | $8.0M | +16% |
| Pre-tax earnings | $80.5M | $49.7M | $30.8M | +62% |
| Other expense, net | $5.8M | $3.4M | $2.4M | +68% |
| Net earnings | $68.5M | $51.4M | $17.1M | +33% |
| Income tax | $12.0M | −$1.8M | $13.7M | — |
| Depreciation & amortization | $19.7M | $19.3M | $385K | +2% |
| Working capital & other | $59.0M | −$53.5M | $112M | — |
| Operating cash flow | $29.2M | $132M | −$103M | -78% |
| Free cash flow (OCF − capex) | $6.4M | $97.2M | −$90.8M | -93% |
| Capital expenditures | $22.8M | $34.8M | −$12.0M | -34% |
Questions
How much did Plexus's revenue grow year over year in Q4 FY26?
Plexus's revenue rose $368M (+35%) from $1.1B in Q4 FY25 to $1.4B in Q4 FY26. Gross margin 10.2% against 9.9% (+0.3 pts).