Plexus Corp
NASDAQ:PLXS

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Plexus Corp
NASDAQ:PLXS
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Price: 150.37 USD 0.85% Market Closed
Market Cap: 4B USD

Plexus Corp
Investor Relations

Nestled within the intricate web of the global electronics supply chain is Plexus Corp., a company that has skillfully crafted a niche as a leading player in the realm of electronics manufacturing services (EMS). Headquartered in Neenah, Wisconsin, Plexus specializes in transforming complex product concepts into tangible realities for a diverse clientele. This involves managing the entire product lifecycle: from design and engineering to manufacturing and even aftermarket services. What sets Plexus apart is its integrated service model, which allows for seamless collaboration with clients to ensure that every step, from initial design to final production, aligns perfectly with their specific needs. By harnessing this comprehensive approach, Plexus positions itself as an invaluable partner to sectors such as healthcare, aerospace, defense, industrial, and communications.

The company's revenue stream is fueled by its adeptness at manufacturing high-complexity and low to medium-volume products. Instead of focusing on sheer volume, Plexus thrives on its ability to tackle sophisticated technical challenges, which often come with higher margins. This enables the company to address the unique demands of industries where precision and reliability are crucial. Clients trust Plexus not only for its manufacturing prowess but also for its commitment to high standards of quality and regulatory compliance. By consistently delivering tailored solutions across different phases of product development, Plexus has created a reliable business model that not only generates profit but also fosters long-term client relationships. The company's story is one of maintaining a robust operational strategy while constantly adapting to the ever-evolving landscape of global technology manufacturing.

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Last Earnings Call
Fiscal Period
Q4 2025
Call Date
Oct 23, 2025
AI Summary
Q4 2025

Revenue Growth: Plexus delivered Q4 revenue of $1.058 billion, near the high end of guidance and marking a third straight quarter of growth.

Earnings Beat: Q4 EPS of $2.14 substantially exceeded guidance, mainly due to favorable tax items.

Margins: Operating margin expanded by 40 basis points to 5.8% in 2025, consistent with guidance.

Free Cash Flow: Fiscal 2025 free cash flow reached $154 million, well above projections.

Strong Program Wins: 141 new manufacturing program wins in 2025, representing $941 million in annualized revenue.

2026 Outlook: Management expects revenue growth to outpace end markets, with continued margin strength and ~$100 million in free cash flow.

Strategic Investments: Ongoing investments in facilities, automation, and technology to support operational efficiency and future growth.

Key Financials
Revenue
$1.058B
EPS
$2.14
Operating Margin
5.8%
Gross Margin
9.9%
Free Cash Flow
$154M
Return on Invested Capital
14.6%
Cash Cycle
63 days
Manufacturing Program Wins (Annualized Revenue)
$941M
Shares Repurchased
161,000 shares for $21.5M in Q4
Earnings Call Recording
Other Earnings Calls

Management

Mr. Todd P. Kelsey
President, CEO & Director
No Bio Available
Mr. Oliver K. Mihm
Executive VP & COO
No Bio Available
Mr. Angelo M. Ninivaggi J.D.
Executive VP, Chief Administrative Officer, General Counsel & Secretary
No Bio Available
Mr. Kyle McMillan
Chief Information & Technology Officer
No Bio Available
Mr. Shawn Matthew Harrison
Vice President of Investor Relations
No Bio Available
Lori Ney
Chief Human Resources Officer
No Bio Available
Mr. Michael J. Running
Regional President of AMER
No Bio Available
Mr. Scott Theune
Chief Quality Officer
No Bio Available
Mr. Andy Hyatt
Chief Customer Officer
No Bio Available
Mr. Steven Thomson C.A.
Controller & VP of Finance - EMEA
No Bio Available

Contacts

Address
WISCONSIN
Neenah
1 Plexus Way, Po Box 156
Contacts
+19209696000.0
www.plexus.com