PLEXUS CORP

For the period ended Mar 29, 2025. Filed May 2, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 29, 2025 · Filed May 2, 2025

PLXS$205.18-0.2%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Balance Sheets

(in thousands, except per share data)

	March 29, 2025	September 28, 2024
ASSETS
Current assets:
Cash and cash equivalents	$310,531	$345,109
Restricted cash	31	2,353
Accounts receivable, net of allowances of $2,288 and $3,189, respectively	609,493	622,366
Contract assets	136,131	120,560
Inventories	1,280,385	1,311,434
Prepaid expenses and other	59,740	75,328
Total current assets	2,396,311	2,477,150
Property, plant and equipment, net	511,865	501,112
Operating lease right-of-use assets	76,217	74,360
Deferred income taxes	73,841	73,919
Other assets	27,506	27,280
Total non-current assets	689,429	676,671
Total assets	$3,085,740	$3,153,821
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt and finance lease obligations	$121,014	$157,325
Accounts payable	680,078	606,378
Advanced payments from customers	611,590	709,152
Accrued salaries and wages	83,650	94,448
Other accrued liabilities	69,499	75,991
Total current liabilities	1,565,831	1,643,294
Long-term debt and finance lease obligations, net of current portion	88,761	89,993
Accrued income taxes payable	—	17,198
Long-term operating lease liabilities	32,720	32,275
Deferred income taxes	7,224	8,234
Other liabilities	39,529	38,002
Total non-current liabilities	168,234	185,702
Total liabilities	1,734,065	1,828,996
Commitments and contingencies
Shareholders’ equity:
Preferred stock, $0.01 par value, 5,000 shares authorized, none issued or outstanding	—	—
Common stock, $0.01 par value, 200,000 shares authorized, 54,660 and 54,489 shares issued, respectively, and 27,122 and 27,122 shares outstanding, respectively	547	545
Additional paid-in capital	680,880	680,638
Common stock held in treasury, at cost, 27,538 and 27,367 shares, respectively	(1,215,481)	(1,190,115)
Retained earnings	1,899,483	1,823,143
Accumulated other comprehensive (loss) income	(13,754)	10,614
Total shareholders’ equity	1,351,675	1,324,825
Total liabilities and shareholders’ equity	$3,085,740	$3,153,821

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.