The earnings call highlighted Plexus' strong financial performance, including record revenue and operating margin, robust free cash flow, and significant new program wins across various sectors. While there were some challenges, such as a temporary production delay in the Healthcare/Life Sciences segment and revenue pushouts in the semiconductor capital equipment subsector, the company's achievements and positive outlook for future growth significantly outweigh these issues.

Company Guidance

During the Q3 2025 earnings call, Plexus provided guidance indicating strong financial performance, with revenue reaching $1.018 billion, which met their guidance. The company achieved a non-GAAP operating margin of 6%, which was at the high end of their guidance and a non-GAAP EPS of $1.90, exceeding expectations due to strong operating performance and favorable tax rates. For Q4 2025, Plexus forecasts revenue between $1.025 billion and $1.065 billion, a non-GAAP operating margin of 5.7% to 6.1%, and non-GAAP EPS of $1.82 to $1.97. The company also anticipates generating approximately $100 million in free cash flow for fiscal 2025 and reported $13.2 million of free cash flow in Q3, surpassing expectations. Additionally, Plexus highlighted their strategic investments that are driving organizational and operational efficiency, contributing to sustained profitability and long-term shareholder value.

Record Revenue and Operating Margin

Plexus achieved revenue of $1.018 billion, meeting guidance, and a non-GAAP operating margin of 6.0%, which is near the high end of guidance and an increase of 30 basis points sequentially.

Strong Free Cash Flow and Shareholder Returns

Generated $13.2 million of free cash flow, significantly better than expectations, and reduced debt while increasing share repurchase authorization.

New Program Wins and Market Expansion

Secured 41 new manufacturing programs, expected to generate $250 million in annual revenue. Expanded opportunities in European defense sector and industrial market.

High Customer Satisfaction

Achieved a 7-year high in customer satisfaction score from the Net Promoter Survey.

Positive Recognition and Sustainability Initiatives

Received recognition as one of America's greatest workplaces and released a Sustainability Report highlighting environmental initiatives.

Plexus (PLXS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

PLXS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q4)	1.87 / -	1.85	―	―	―
Jul 23, 2025	2025 (Q3)	1.71 / 1.90	1.45	31.03% (+0.45)
Apr 23, 2025	2025 (Q2)	1.54 / 1.66	0.94	76.60% (+0.72)
Jan 22, 2025	2025 (Q1)	1.59 / 1.73	1.04	66.35% (+0.69)
Oct 23, 2024	2024 (Q4)	1.55 / 1.85	1.44	28.47% (+0.41)
Jul 24, 2024	2024 (Q3)	1.27 / 1.45	1.32	9.85% (+0.13)
Apr 24, 2024	2024 (Q2)	0.87 / 0.94	1.45	-35.17% (-0.51)
Jan 24, 2024	2024 (Q1)	1.05 / 1.04	1.49	-30.20% (-0.45)
Oct 25, 2023	2023 (Q4)	1.26 / 1.44	1.78	-19.10% (-0.34)
Jul 26, 2023	2023 (Q3)	1.16 / 1.32	1.33	-0.75% (-0.01)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

PLXS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 23, 2025	$133.83	$118.29	-11.61%
Apr 23, 2025	$127.17	$125.35	-1.43%
Jan 22, 2025	$170.49	$153.30	-10.08%
Oct 23, 2024	$135.57	$144.89	+6.87%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Plexus (PLXS) report earnings?

Plexus (PLXS) is schdueled to report earning on Oct 22, 2025, After Close (Confirmed).

What is Plexus (PLXS) earnings time?

Plexus (PLXS) earnings time is at Oct 22, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is PLXS EPS forecast?

PLXS EPS forecast for the fiscal quarter 2025 (Q4) is 1.87.

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