Plexus Corporation reports fiscal 2025 net sales of $4.03 billion and net income of $172.9 million

Reuters11-14
Plexus Corporation reports fiscal 2025 net sales of $4.03 billion and net income of $172.9 million

Plexus Corporation reported net sales of $4,033.0 million for fiscal year 2025, up from $3,960.8 million in 2024. Gross profit increased to $406.5 million from $378.5 million, with gross margin rising to 10.1% from 9.6%. Operating income reached $202.4 million, up from $167.7 million, and operating margin improved to 5.0% from 4.2%. Net income for the year was $172.9 million, compared to $111.8 million in the prior year. Diluted earnings per share rose to $6.26 from $4.01. The return on invested capital was 14.6%, up from 11.8%. Plexus continued to focus on value-add sales across its regions and adjusted the allocation of certain corporate costs among reportable segments. The company's 10 largest customers accounted for 49.1% of net sales in 2025.

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