Plexus Corp delivered record fiscal fourth quarter and full-year 2026 results, with revenue and earnings significantly exceeding analyst estimates. The company achieved 23% annual revenue growth and expanded its manufacturing funnel to a record level, supported by strong demand and operational efficiency gains.
Key Highlights
- Quarterly revenue of $1.427 billion grew approximately 35% year-over-year, beating the $1.36 billion estimate.
- The qualified manufacturing opportunity funnel reached a record $4.9 billion, a 33% increase from the prior year.
- Non-GAAP operating margin expanded to 6.7%, leading management to raise its long-term target range to 6.5%–7.0%.
- Manufacturing wins for the quarter totaled 36 programs representing $290 million in annualized revenue once fully ramped.