StockWatch
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Electrical Products
Quarterly ResultJul 29, 2026, 04:18 PM

Plexus Q3 Revenue $1.305B, EPS $1.58; Guides Strong Q4

AI Summary

Plexus Corp. announced record fiscal third quarter 2026 financial results, with revenue of $1.305 billion, surpassing its guidance. The company reported GAAP diluted EPS of $1.58 and non-GAAP diluted EPS of $2.32, also exceeding guidance. For the fiscal fourth quarter 2026, Plexus initiated strong revenue guidance of $1.330 billion to $1.380 billion and non-GAAP diluted EPS guidance of $2.47 to $2.63. Operational highlights include winning $255 million in annualized manufacturing programs and repurchasing $20.6 million of shares.

Key Highlights

  • Reported record fiscal third quarter 2026 revenue of $1.305 billion, exceeding guidance.
  • Achieved fiscal third quarter 2026 GAAP diluted EPS of $1.58 and non-GAAP diluted EPS of $2.32.
  • Initiated fiscal fourth quarter 2026 revenue guidance of $1.330 billion to $1.380 billion.
  • Provided fiscal fourth quarter 2026 non-GAAP diluted EPS guidance of $2.47 to $2.63.
  • Won 31 manufacturing programs in Q3, representing $255 million in annualized revenue.
  • Purchased $20.6 million of shares under its 2026 Share Repurchase Program.
  • Achieved a cash cycle of 62 days in Q3, the best quarterly performance in over five years.
  • Q3 2026 revenue by market sector: Industrial $589M, Healthcare/Life Sciences $483M, Aerospace/Defense $233M.