Plexus posts Q1 net income of USD 41.2 million, up 10.5%

Reuters
02/06
Plexus posts Q1 net income of USD 41.2 million, up 10.5%

Plexus Corporation reported net sales of USD 1,069.9 million for the three months ended January 3, 2026. Net income for the period rose by 10.5% to USD 41.2 million. Diluted earnings per share increased to USD 1.51 during the quarter. The company noted that the increase in net income was primarily driven by higher operating income, partially offset by increased tax expense. Plexus Corporation continues to focus on designing, manufacturing, and servicing highly complex products in demanding regulatory environments, including life-saving medical devices, aerospace and defense products, industrial automation systems, and semiconductor capital equipment. The annual effective tax rate for fiscal 2026 is expected to be approximately 16.0% to 18.0%, assuming no changes to tax laws.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Plexus Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000785786-26-000016), on February 05, 2026, and is solely responsible for the information contained therein.

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