Plexus Corp
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Plexus Corp (PLXS). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| APAC | $1.82B 52.4% | $1.85B 53.4% · +1.4% | $2.30B 58.8% · +24.3% | $2.36B 55.8% · +2.7% | $2.21B 55.7% · -6.3% | $2.39B 59.1% · +8.1% |
| AMER | $1.32B 37.8% | $1.31B 37.7% · -0.7% | $1.30B 33.2% · -0.5% | $1.47B 34.7% · +13.0% | $1.22B 30.7% · -17.0% | $1.22B 30.0% · -0.2% |
| EMEA | $342.8M 9.8% | $310.6M 9.0% · -9.4% | $312.7M 8.0% · +0.7% | $402.4M 9.5% · +28.7% | $538.1M 13.6% · +33.7% | $440.0M 10.9% · -18.2% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| APAC | – | – | – | $313.1M 13.3% | $313.2M 14.2% | $337.7M 14.1% |
| AMER | $38.1M 2.9% | $62.3M 4.8% | $44.7M 3.4% | $123.1M 8.4% | $83.7M 6.9% | $100.5M 8.3% |
| EMEA | $1.5M 0.4% | -$895.0K -0.3% | $8.0M 2.6% | $16.0M 4.0% | $31.0M 5.8% | $21.3M 4.8% |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by region
| Segment | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| MALAYSIA | $1.43B 40.9% | $1.50B 43.0% · +4.4% | $1.85B 47.0% · +23.5% | $1.89B 44.7% · +2.4% | $1.76B 44.4% · -6.8% | $1.87B 46.2% · +6.3% |
| UNITED STATES | $989.9M 28.3% | $914.4M 26.3% · -7.6% | $869.1M 22.1% · -4.9% | $910.1M 21.5% · +4.7% | $718.6M 18.1% · -21.0% | $690.9M 17.1% · -3.9% |
| Mexico | $338.0M 9.7% | $403.0M 11.6% · +19.3% | $441.5M 11.2% · +9.6% | $558.9M 13.2% · +26.6% | $500.7M 12.6% · -10.4% | $525.8M 13.0% · +5.0% |
| China | $392.7M 11.2% | $355.6M 10.2% · -9.5% | $453.6M 11.5% · +27.6% | $455.9M 10.8% · +0.5% | $384.2M 9.7% · -15.7% | $413.6M 10.2% · +7.7% |
| ROMANIA | $217.3M 6.2% | $202.6M 5.8% · -6.7% | $217.1M 5.5% · +7.1% | $302.2M 7.1% · +39.2% | $424.1M 10.7% · +40.3% | $333.6M 8.2% · -21.4% |
| Thailand | $0 0.0% | $0 0.0% | $1.0M 0.0% | $14.8M 0.3% · +1,436.7% | $67.3M 1.7% · +354.5% | $106.8M 2.6% · +58.8% |
| United Kingdom | $118.5M 3.4% | $99.4M 2.9% · -16.1% | $91.1M 2.3% · -8.3% | $93.7M 2.2% · +2.8% | $111.2M 2.8% · +18.7% | $106.1M 2.6% · -4.5% |
| Germany | $13.3M 0.4% | $10.7M 0.3% · -20.2% | $8.1M 0.2% · -23.7% | $6.5M 0.2% · -19.9% | $2.8M 0.1% · -57.7% | $12.0K 0.0% · -99.6% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: August 12, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.