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Plexus PLXS Increase (Decrease) in Contract with Customer, Asset

Increase (Decrease) in Contract with Customer, Asset at other companies

Cloudflare, Inc. logo
Cloudflare, Inc.NET
$631K+209%
Plexus logo
PlexusPLXS
$7.75M-0.5%
SS&C Technologies logo
SS&C TechnologiesSSNC
-$3.5M-125%
IES
IES Holdings, Inc.IESC
$5.78M-79.2%
General Dynamics logo
General DynamicsGD
$656M-25.4%
Ionis Pharmaceuticals logo
Ionis PharmaceuticalsIONS
$7.63M+115%

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:IncreaseDecreaseInContractWithCustomerAsset.

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 increase (decrease) in contract with customer, asset?
Plexus (PLXS) reported increase (decrease) in contract with customer, asset of $7.75M in Q1 2026.
How has Plexus's increase (decrease) in contract with customer, asset changed year-over-year?
Plexus's increase (decrease) in contract with customer, asset decreased by 0.5% year-over-year, from $7.79M to $7.75M.
What is the long-term trend for Plexus's increase (decrease) in contract with customer, asset?
Over 2 years (2022 to 2025), Plexus's increase (decrease) in contract with customer, asset has grown at a 12.5% compound annual growth rate (CAGR), from $23.45M to $29.68M.
What does increase (decrease) in contract with customer, asset mean?
The change in assets recognized when the company has performed under a contract but has not yet reached the unconditional right to payment. This often relates to long-term manufacturing contracts where revenue is recognized over time.