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Plexus PLXS Standard Product Warranty Accrual, Decrease for Payments

Standard Product Warranty Accrual, Decrease for Payments at other companies

Acuity Brands logo
Acuity BrandsAYI
$11.5M+8.5%
GE Vernova logo
GE VernovaGEV
$157.25M-8.3%
Xylem logo
XylemXYL
$7M-12.5%
Plexus logo
PlexusPLXS
$1.3M+7,106%
International Business Machines logo
International Business MachinesIBM
$22M+4.8%
Allegion logo
AllegionALLE
$3.7M+32.1%

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:StandardProductWarrantyAccrualPayments.

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 standard product warranty accrual, decrease for payments?
Plexus (PLXS) reported standard product warranty accrual, decrease for payments of $1.3M in Q1 2026.
How has Plexus's standard product warranty accrual, decrease for payments changed year-over-year?
Plexus's standard product warranty accrual, decrease for payments increased by 7105.6% year-over-year, from $18K to $1.3M.
What is the long-term trend for Plexus's standard product warranty accrual, decrease for payments?
Over 4 years (2021 to 2025), Plexus's standard product warranty accrual, decrease for payments has grown at a -12.1% compound annual growth rate (CAGR), from $3.02M to $1.8M.
What does standard product warranty accrual, decrease for payments mean?
This metric tracks the actual cash outflows or utilization of warranty reserves to satisfy claims during the period. It demonstrates the realized cost of product quality issues and the effectiveness of the company's warranty accrual estimates. Comparing this to the accrual amount helps assess the accuracy of quality forecasting.