📊 PLXS Key Takeaways
Is Plexus Corp. (PLXS) a Good Investment?
PLEXUS maintains financial stability with a fortress balance sheet and low leverage, but fundamentals are constrained by zero revenue growth and negative free cash flow (-$34.6M) despite $91M net income, indicating a mature, capital-intensive business where recent earnings gains from operational improvements are unlikely sustainable without topline expansion.
Plexus Corp. Key Strengths (PLXS)
- Strong balance sheet with minimal leverage (0.13x debt/equity) and $303.1M cash position
- Excellent debt service capacity with 18.4x interest coverage ratio
- Substantial earnings growth of 54.6% YoY demonstrates operational efficiency improvements
PLXS Stock Risks: Plexus Corp. Investment Risks
- Stagnant revenue (0.0% YoY growth) signals market maturity or competitive headwinds in PCB contract manufacturing
- Negative free cash flow of -$34.6M despite profitability raises questions about earnings quality and capital intensity sustainability
- Razor-thin operating margins (~5%) and gross margins (~10%) leave minimal margin for error in commodity-like industry
Key Metrics to Watch
- Revenue growth acceleration - must return to positive territory to validate business health
- Free cash flow conversion from net income - critical test of profitability sustainability
- Gross margin stability and operating leverage - determine ability to defend margins against pricing pressure
Plexus Corp. (PLXS) Financial Metrics & Key Ratios
💡 AI Analyst Insight
Plexus Corp. presents a mixed fundamental picture. Review the detailed metrics above to form your own investment thesis.
PLXS Profit Margin, ROE & Profitability Analysis
PLXS vs Market Sector: How Plexus Corp. Compares
How Plexus Corp. compares to Market sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Plexus Corp. Stock Overvalued? PLXS Valuation Analysis 2026
Based on fundamental analysis, Plexus Corp. has mixed fundamental signals relative to the Market sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Plexus Corp. Balance Sheet: PLXS Debt, Cash & Liquidity
PLXS Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Plexus Corp.'s revenue has grown significantly by 20% over the 5-year period, indicating strong business expansion. The most recent EPS of $4.95 reflects profitable operations.
PLXS Revenue Growth, EPS Growth & YoY Performance
PLXS Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2026 | $980.2K | $39.1M | $1.41 |
| Q1 2026 | $976.1K | $37.3M | $1.34 |
| Q3 2025 | $960.8K | $25.1M | $0.91 |
| Q2 2025 | $966.9K | $16.2M | $0.58 |
| Q1 2025 | $976.1K | $29.2M | $1.04 |
| Q3 2024 | $991.0M | $15.8M | $0.56 |
| Q2 2024 | $997.5M | $16.2M | $0.58 |
| Q1 2024 | $1.0B | $29.2M | $1.04 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Plexus Corp. Dividends, Buybacks & Capital Allocation
PLXS SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Plexus Corp. (CIK: 0000785786)
📋 Recent SEC Filings
| Date | Form | Document | Action |
|---|---|---|---|
| May 29, 2026 | 4 | xslF345X06/wk-form4_1780090720.xml | View → |
| May 22, 2026 | 4 | xslF345X06/wk-form4_1779483376.xml | View → |
| May 13, 2026 | 4 | xslF345X06/wk-form4_1778703135.xml | View → |
| May 11, 2026 | 4 | xslF345X06/wk-form4_1778531462.xml | View → |
| May 8, 2026 | 4 | xslF345X06/wk-form4_1778273396.xml | View → |
❓ Frequently Asked Questions about PLXS
What is the AI rating for PLXS?
Plexus Corp. (PLXS) has an AI grade of B with 60% confidence, based on fundamental analysis of SEC EDGAR filings.
What are PLXS's key strengths?
Claude: Strong balance sheet with minimal leverage (0.13x debt/equity) and $303.1M cash position. Excellent debt service capacity with 18.4x interest coverage ratio.
What are the risks of investing in PLXS?
Claude: Stagnant revenue (0.0% YoY growth) signals market maturity or competitive headwinds in PCB contract manufacturing. Negative free cash flow of -$34.6M despite profitability raises questions about earnings quality and capital intensity sustainability.
What is PLXS's revenue and growth?
Plexus Corp. reported revenue of $2.2M.
Does PLXS pay dividends?
Plexus Corp. does not currently pay dividends.
Where can I find PLXS SEC filings?
Official SEC filings for Plexus Corp. (CIK: 0000785786) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is PLXS's EPS?
Plexus Corp. has a diluted EPS of $3.32.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.
What is PLXS's fundamental grade?
Based on our AI fundamental analysis in May 2026, Plexus Corp. has a B grade with 60% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is PLXS stock overvalued or undervalued?
Valuation metrics for PLXS: ROE of 6.1% (sector avg: 15%), net margin of 4,073.7% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
What is PLXS's AI grade for 2026?
Our dual AI analysis gives Plexus Corp. a combined B grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is PLXS's free cash flow?
Plexus Corp.'s operating cash flow is $13.1M, with capital expenditures of $47.7M. FCF margin is -1,547.7%.
How does PLXS compare to other Market stocks?
Vs Default sector averages: Net margin 4,073.7% (avg: 12%), ROE 6.1% (avg: 15%), current ratio 1.54 (avg: 1.8).