Slide 1: Fiscal Fourth Quarter and Fiscal 2025 Highlights
PLEXUS CONFIDENTIAL FISCAL FOURTH QUARTER AND FISCAL 2025 HIGHLIGHTS October 22, 2025
Slide 2: Safe Harbor and Fair Disclosure Statement
PLEXUS CONFIDENTIAL SAFE HARBOR AND FAIR DISCLOSURE STATEMENT Some of the statements made and information provided during our call as well as information included in the supporting materials will be forward looking statements, including, without limitation, those regarding revenue, gross margin, sel
Slide 3: Fiscal Fourth Quarter and Fiscal Year Themes
PLEXUS CONFIDENTIAL FISCAL FOURTH QUARTER AND FISCAL YEAR THEMES New program ramps Focused on 6% Sustaining robust free and share gains non-GAAP operating cash flow; $495 million position Plexus to margin, while investing in F24F25 and accelerate revenue in talent, technology, approximately $100 gr
Slide 4: Financial Results
PLEXUS CONFIDENTIAL FINANCIAL RESULTS ● 3rd consecutive quarter of sequential revenue growth ● Non-GAAP EPS of $2.14 exceeded guidance ● Q4F25 free cash flow of $97 million exceeded projections ● 40 bps expansion in F25 non-GAAP operating margin ● 30% non-GAAP EPS growth for F25 4 Excludes stock-ba
Slide 5: Wins and Funnel Highlights
PLEXUS CONFIDENTIAL * WINS AND FUNNEL HIGHLIGHTS ● Q4F25 wins of $274 million reflected further share gains ● Diversification drove growth in fiscal 2025 engineering solutions wins ● Record fiscal 2025 wins in sustaining services ● Sequential and year-over-year growth in funnel Inclusive of sustain
Slide 6: Sustainability | Fiscal 2025 Highlights
PLEXUS CONFIDENTIAL SUSTAINABILITY | FISCAL 2025 HIGHLIGHTS ● GE Vernovaʼs “Supplier Innovation Awardˮ for strategic engagement and collaboration ● Global team members completed more than 32,000 paid volunteer time off hours, an increase of 47% year over year ● The Plexus Community Foundation grante
Slide 7: Financial Guidance
PLEXUS CONFIDENTIAL FINANCIAL GUIDANCE ● Q1F26 revenue of $1.050 billion to $1.090 billion ● Investments in growth and operational efficiencies ● Q1F26 non-GAAP EPS of $1.66 to $1.81 ● Accelerating F26 revenue growth toward 912% goal ● F26 free cash flow of approximately $100 million Excludes stoc
Slide 8: Market Sector Performance - Aerospace/Defense
PLEXUS CONFIDENTIAL MARKET SECTOR PERFORMANCE AEROSPACE/DEFENSE Q4F25 vs. Q3F25 - 6% Q1F26 Expectations Up mid single ● Q4F25 missed expectations on program ramp ● Wins highlights: timing ○ Expanded relationship in unmanned aircraft ● Q1F26 growth from program ramps in commercial ○ Record year for
Slide 9: Market Sector Performance - Healthcare/Life Sciences
PLEXUS CONFIDENTIAL MARKET SECTOR PERFORMANCE HEALTHCARE/LIFE SCIENCES Q4F25 vs. Q3F25 + 1% Q1F26 Expectations Up high single to low double ● Q4F25 met expectations ● Wins highlights: ● Q1F26 benefiting from multiple program ramps and ○ Sustaining services win with leading some customer demand str
Slide 10: Market Sector Performance - Industrial
PLEXUS CONFIDENTIAL MARKET SECTOR PERFORMANCE INDUSTRIAL Q4F25 vs. Q3F25 + 11% Q1F26 Expectations Down high single ● Q4F25 beat expectations on strength in semicap, ● Wins highlights: broadband communications and energy ○ Robust semicap performance ● Q1F26 weakness on seasonality and muted ○ Added
Slide 11: Qualified Manufacturing Funnel Trends
PLEXUS CONFIDENTIAL * QUALIFIED MANUFACTURING FUNNEL TRENDS Funnel Supports Continued Strength in Manufacturing Wins Inclusive of sustaining services 11
Slide 12: Income Statement
PLEXUS CONFIDENTIAL INCOME STATEMENT Q4F24 Q3F25 Q4F25 Actual Q4F25 Guidance Revenue $1.051 billion $1.018 billion $1.058 billion $1.025 billion to $1.065 billion Gross margin 10.3% 10.1% 9.9% 9.8% to 10.1% Selling & administrative expense * $54.1 million $49.7 million $51.7 million $50.0 to $51.0 m
Slide 13: Cash Flow and Balance Sheet
PLEXUS CONFIDENTIAL CASH FLOW AND BALANCE SHEET Q4F24 Q3F25 Q4F25 Free cash flow $193.8 million $13.2 million $97.2 million Share repurchases $19.5 million $18.4 million $21.5 million Cash balance $347 million $238 million $307 million Total debt $247 million $143 million $138 million Return on inve
Slide 14: Working Capital Trends
PLEXUS CONFIDENTIAL WORKING CAPITAL TRENDS Q4F24 Q1F25 Q2F25 Q3F25 Q4F25 Days in Accounts Receivable 54 56 57 59 57 Days in Contract Assets 10 12 12 13 13 Days in Inventory 127 134 132 128 118 Days in Accounts Payable 59 69 70 72 70 Days in Advanced Payments 68 65 63 59 55 14 Net Cash Cycle Days 64
Slide 15: Fiscal First Quarter 2026 Guidance
PLEXUS CONFIDENTIAL FISCAL FIRST QUARTER 2026 GUIDANCE Q1F25 Q4F25 Q1F26 Guidance Revenue $976 million $1.058 billion $1.050 billion to $1.090 billion GAAP diluted EPS * $1.34 $1.87 $1.40 to $1.55 Non-GAAP diluted EPS $1.73 $2.14 $1.66 to $1.81 Gross margin 10.3% 9.9% 9.8% to 10.1% Selling & adminis
Slide 16: Thank you.
PLEXUS CONFIDENTIAL Q&A Thank you. 16