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Plexus PLXS Effective tax rates

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Other financials

Income statement

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Revenue$1.3M+28.1%
Gross profit-$1.2B-28.2%
Operating income$61.3M+14.3%
Net income$43.0M-4.7%
EPS (diluted)$1.58-3.7%

Balance sheet

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Cash & equivalents$314.1M+32.2%
Total debt$75.6M-10.9%
Total equity$1.5B+7.7%
Total assets$3.6B+17.0%

Cash flow

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Operating cash flow$25.9M-3.6%
CapEx$26.7M+94.4%
Free cash flow-$754.0K-106%

Valuation

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Market cap$7.18B+108%
Enterprise value$6.95B+110%
P/E38.8×+17.5×
P/S1.8×+0.9×

Profitability

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Gross margin-2.5%-11.2pp
Operating margin5.7%+0.6pp
Net margin4.6%+0.5pp
FCF margin1.9%-8.2pp

Returns & leverage

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Return on equity12.6%+0.5pp
Debt / equity0.0×
Current ratio1.5×-0.1×

Where this comes from

Reported directly by Plexus in its filing.

Tagged under the XBRL concept us-gaap:EffectiveIncomeTaxRateContinuingOperations.

The source filing: Plexus’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:24 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q3 2026
Accession
0000785786-26-000054

The effective tax rates for the three and nine months ended July 4, 2026 were 23.8% and 19.0%, respectively, compared to the effective tax rates of 9.5% and 12.2% for the three and nine months ended June 28, 2025, respectively. The effective tax rates for the three and nine months ended July 4, 2026 were higher than the effective tax rates for the three and nine months ended June 28, 2025 primarily due to the implementation of the global minimum tax across several jurisdictions in which the Company operates, as well as a $3.3 million discrete tax benefit recorded for the three months ended June 28, 2025, related to the release of a state valuation allowance.

Item 1. FINANCIAL STATEMENTS (Unaudited)

FAQ

What is Plexus's effective tax rates?
Plexus (PLXS) reported effective tax rates of $0.24 in Q2 2026.
How has Plexus's effective tax rates changed year-over-year?
Plexus's effective tax rates increased by 150.5% year-over-year, from $0.1 to $0.24.
What does effective tax rates mean?
Effective tax rates

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