📊 PLXS Key Takeaways
Is Plexus Corp. (PLXS) a Good Investment?
Plexus exhibits exceptional earnings growth (+54.6% YoY net income) with a fortress balance sheet (0.07x debt/equity), but this is severely undermined by persistent negative operating cash flow (-$15.4M) and free cash flow (-$50.6M), indicating a dangerous disconnect between reported profitability and actual cash generation. The low return on equity (2.8%) and return on assets (1.3%) suggest poor capital efficiency despite growth, raising questions about earnings quality and sustainability.
Why Buy Plexus Corp. Stock? PLXS Key Strengths
- Exceptional net income growth of 54.6% YoY with EPS growth of 56.1%
- Fortress balance sheet with minimal leverage (0.07x debt/equity ratio) and strong interest coverage of 18.9x
- Solid liquidity position with $248.8M in cash and 1.59x current ratio providing financial flexibility
PLXS Stock Risks: Plexus Corp. Investment Risks
- Critical negative operating cash flow of -$15.4M despite $41.2M net income signals potential earnings quality issues or severe working capital deterioration
- Negative free cash flow of -$50.6M is unsustainable long-term despite large cash reserves; company is burning rather than generating cash
- Extremely poor capital returns (2.8% ROE, 1.3% ROA) indicate inefficient deployment of $3.2B in assets and $1.5B in shareholder equity
- Quick ratio of 0.75x below 1.0 threshold suggests potential short-term liquidity stress if inventory cannot be liquidated
Key Metrics to Watch
- Operating cash flow trend - must return positive to validate earnings quality
- Free cash flow sustainability and working capital management
- Return on equity and return on assets trajectories
- Insider Form 4 filing patterns for evidence of confidence or concern in management
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 |
|---|---|---|---|
| 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 |
| Q3 2023 | $1.0B | $15.8M | $0.56 |
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 |
|---|---|---|---|
| Mar 19, 2026 | 4 | xslF345X06/wk-form4_1773951389.xml | View → |
| Mar 2, 2026 | 4 | xslF345X05/wk-form4_1772487687.xml | View → |
| Feb 27, 2026 | 4 | xslF345X05/wk-form4_1772226540.xml | View → |
| Feb 27, 2026 | 4 | xslF345X05/wk-form4_1772226535.xml | View → |
| Feb 19, 2026 | 4 | xslF345X05/wk-form4_1771539879.xml | View → |
❓ Frequently Asked Questions about PLXS
What is the AI rating for PLXS?
Plexus Corp. (PLXS) has an AI rating of HOLD with 55% confidence, based on fundamental analysis of SEC EDGAR filings.
What are PLXS's key strengths?
Claude: Exceptional net income growth of 54.6% YoY with EPS growth of 56.1%. Fortress balance sheet with minimal leverage (0.07x debt/equity ratio) and strong interest coverage of 18.9x.
What are the risks of investing in PLXS?
Claude: Critical negative operating cash flow of -$15.4M despite $41.2M net income signals potential earnings quality issues or severe working capital deterioration. Negative free cash flow of -$50.6M is unsustainable long-term despite large cash reserves; company is burning rather than generating cash.
What is PLXS's revenue and growth?
Plexus Corp. reported revenue of $1.1M.
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 $1.51.
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 rating reflects both perspectives for balanced insights.
Is PLXS a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Plexus Corp. has a HOLD rating with 55% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is PLXS stock overvalued or undervalued?
Valuation metrics for PLXS: ROE of 2.8% (sector avg: 15%), net margin of 3,849.3% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy PLXS stock in 2026?
Our dual AI analysis gives Plexus Corp. a combined HOLD rating 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 $-15.4M, with capital expenditures of $35.2M. FCF margin is -4,727.4%.
How does PLXS compare to other Market stocks?
Vs Default sector averages: Net margin 3,849.3% (avg: 12%), ROE 2.8% (avg: 15%), current ratio 1.59 (avg: 1.8).