Plexus Corp. · NASDAQ:PLXS

Plexus — Q4 2026 Earnings Presentation

17 slides from Plexus's earnings presentation, Oct 28, 2026

  1. Slide 1: Fiscal Fourth Quarter and Fiscal 2026 Highlights

    PLEXUS CONFIDENTIAL FISCAL FOURTH QUARTER AND FISCAL 2026 HIGHLIGHTS October 28, 2026 1

  2. Slide 2: Safe Harbor and Fair Disclosure Statement

    PLEXUS CONFIDENTIAL SAFE HARBOR AND FAIR DISCLOSURE STATEMENT Some of the statements made and information provided during our call as well as information included in the supporting materials will be forward looking statements, including, without limitation, those regarding revenue, gross margin, sel

  3. Slide 3: Fiscal Fourth Quarter and Fiscal 2026 Themes

    PLEXUS CONFIDENTIAL FISCAL FOURTH QUARTER AND FISCAL 2026 THEMES F26 record revenue of F26 operating margin F26 ROIC exceeded $5B, with robust wins of 6.2% exceeded our 15% enduring goal. and substantial funnel 6.0% goal. Anticipate Forecast strong F27 expansion. Now continued operating ROIC perform

  4. Slide 4: Financial Results

    PLEXUS CONFIDENTIAL FINANCIAL RESULTS ● Record Q4F26 revenue exceeded guidance ● Q4F26 revenue growth of 9% sequentially and 35% year over year ● Q4F26 Non-GAAP operating margin of 6.7% and Non-GAAP EPS of $2.84 exceeded guidance 4 Excludes stock-based compensation expense

  5. Slide 5: Wins and Funnel Highlights

    PLEXUS CONFIDENTIAL * WINS AND FUNNEL HIGHLIGHTS ● Strong Q4F26 wins of $290 million, with broad-based market sector contribution ● Exciting new customer programs and relationships added in support of growth technologies in Aerospace/Defense, Healthcare/Life Sciences and Industrial ● Record funnel o

  6. Slide 6: Sustainability | Q4F26 Highlights

    PLEXUS CONFIDENTIAL SUSTAINABILITY | Q4F26 HIGHLIGHTS ● Honored by Eaton for Overall Supplier Excellence and GE Vernova for Lean Manufacturing Excellence ● Awarded Manufacturing Business of the Year at the 2026 Scottish Borders Business Excellence Awards and earned High Commendations for both Innova

  7. Slide 7: Financial Guidance

    PLEXUS CONFIDENTIAL FINANCIAL GUIDANCE ● Q1F27 revenue of $1.410 billion to $1.460 billion ● Q1F27 Non-GAAP EPS of $2.46 to $2.62 ● Anticipate mid- to upper-teens revenue growth and non-GAAP operating margin expansion for F27 ● Sustained working capital efficiency 7 Excludes stock-based compensatio

  8. Slide 8: Market Sector Performance: Aerospace/Defense

    PLEXUS CONFIDENTIAL MARKET SECTOR PERFORMANCE  AEROSPACE/DEFENSE Q4F26 vs. Q3F26 - 4% Q1F27 Expectations Up high single digits ● Q4F26 missed guidance on materials timing ● Q4F26 wins grew 60% year over year ● F26 revenue growth of 23% ● Wins highlights: ● F27 revenue growth expected to exceed 20%

  9. Slide 9: Market Sector Performance: Healthcare/Life Sciences

    PLEXUS CONFIDENTIAL MARKET SECTOR PERFORMANCE  HEALTHCARE/LIFE SCIENCES Q4F26 vs. Q3F26 + 6% Q1F27 Expectations Up low single digits ● Q4F26 beat guidance on ability to support stronger ● Wins highlights: customer demand ○ New surgical robotics relationship leveraging ● F26 revenue growth of 19% Pl

  10. Slide 10: Market Sector Performance: Industrial

    PLEXUS CONFIDENTIAL MARKET SECTOR PERFORMANCE  INDUSTRIAL Q4F26 vs. Q3F26 + 17% Q1F27 Expectations Down low single digits ● Q4F26 beat guidance on stronger customer ● Wins highlights: demand and supply chain/operational excellence ○ New customer supporting smart grid battery ● F26 revenue growth of

  11. Slide 11: Qualified Manufacturing Funnel Trends

    PLEXUS CONFIDENTIAL QUALIFIED MANUFACTURING FUNNEL TRENDS* Funnel Expansion of 33% Year Over Year to Another Record 11 Inclusive of sustaining services

  12. Slide 12: Income Statement

    PLEXUS CONFIDENTIAL INCOME STATEMENT Q4F25 Q3F26 Q4F26 Actual Q4F26 Guidance Revenue $1.058 billion $1.305 billion $1.427 billion $1.330 billion to $1.380 billion Gross margin 9.9% 10.1% 10.2% 10.0% to 10.3% Selling & administrative expense * $51.7 million $70.1 million $59.7 million $57.5 to $58.5

  13. Slide 13: Cash Flow and Balance Sheet

    PLEXUS CONFIDENTIAL CASH FLOW AND BALANCE SHEET Q4F25 Q3F26 Q4F26 Free cash flow $97.2 million $0.7) million $6.4 million Share repurchases $21.5 million $20.6 million $21.4 million Cash balance $307 million $315 million $281 million Total debt $138 million $275 million $261 million Return on inves

  14. Slide 14: Working Capital Trends

    PLEXUS CONFIDENTIAL WORKING CAPITAL TRENDS Q4F25 Q1F26 Q2F26 Q3F26 Q4F26 Days in Accounts Receivable 57 58 55 56 60 Days in Contract Assets 13 13 12 13 13 Days in Inventory 118 124 120 116 119 Days in Accounts Payable 70 71 74 76 81 Days in Advanced Payments 55 55 49 47 49 14 Net Cash Cycle Days 63

  15. Slide 15: Non-GAAP Operating Margin

    PLEXUS CONFIDENTIAL NONGAAP OPERATING MARGIN Increasing Non-GAAP Operating Margin Goal to 6.5%7.0% 15 Excludes stock-based compensation expense

  16. Slide 16: Fiscal First Quarter 2027 Guidance

    PLEXUS CONFIDENTIAL FISCAL FIRST QUARTER 2027 GUIDANCE Q1F26 Q4F26 Q1F27 Guidance Revenue $1.070 billion $1.427 billion $1.410 billion to $1.460 billion GAAP diluted EPS * $1.51 $2.51 $2.16 to $2.32 Non-GAAP diluted EPS $1.78 $2.84 $2.46 to $2.62 Gross margin 9.9% 10.2% 9.7% to 10.0% Selling & admin

  17. Slide 17: Q&A Thank you

    PLEXUS CONFIDENTIAL Q&A Thank you 17

Plexus — Q4 2026 Earnings Presentation on 6ix