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Plexus PLXS Change in Income Taxes

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Other financials

Income statement

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Revenue$1.2M+18.7%
Gross profit-$1.0B-18.4%
Operating income$61.8M+26.7%
Net income$49.8M+27.5%
EPS (diluted)$1.82+29.1%

Balance sheet

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Cash & equivalents$303.1M-2.4%
Total debt$77.5M-8.4%
Total equity$1.5B+10.2%
Total assets$3.4B+8.9%

Cash flow

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Operating cash flow$28.5M-22.4%
CapEx$12.5M-38.3%
Free cash flow-$50.6M-287%

Valuation

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Market cap$8.03B+98.0%
Enterprise value$7.8B+105%
P/E42.8×+14.4×
P/S+1.0×

Profitability

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Gross margin3.9%-6.1pp
Operating margin5.5%+0.8pp
Net margin4.6%+1.0pp
FCF margin1.9%-8.2pp

Returns & leverage

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Return on equity13.2%+2.3pp
Debt / equity0.1×0.0×
Current ratio1.5×0.0×

Where this comes from

Reported directly by Plexus in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInAccruedTaxesPayable.

The official record: Plexus’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Plexus's change in income taxes?
Plexus (PLXS) reported change in income taxes of -$9.57M in Q1 2026.
How has Plexus's change in income taxes changed year-over-year?
Plexus's change in income taxes increased by 31.0% year-over-year, from -$13.87M to -$9.57M.
What does change in income taxes mean?
The change in the amount of taxes owed to or due from tax authorities.
How do you interpret change in income taxes?
A decrease indicates that cash taxes paid exceeded the tax expense accrued for the period.
How does change in income taxes compare across companies?
Influenced by global tax regulations and the timing of tax installments.