Slide 1: Fiscal Second Quarter 2026 Highlights
PLEXUS CONFIDENTIAL FISCAL SECOND QUARTER 2026 HIGHLIGHTS April 29, 2026 1
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: Congratulations Pat and David!
PLEXUS CONFIDENTIAL CONGRATULATIONS PAT AND DAVID! 3
Slide 4: Fiscal Second Quarter Themes
PLEXUS CONFIDENTIAL FISCAL SECOND QUARTER THEMES Record manufacturing Forecast strong F26 Sustaining strong cash wins and accelerating operating margin while cycle performance revenue growth. Expect making significant against expanding to deliver mid-teens or investments to drive investments to supp
Slide 5: Financial Results
PLEXUS CONFIDENTIAL FINANCIAL RESULTS ● Revenue exceeded guidance, growing sequentially for the 5th consecutive quarter ● 19% year-over-year revenue growth ● Robust non-GAAP operating margin ● Non-GAAP EPS of $2.05 exceeded guidance 5 Excludes stock-based compensation expense
Slide 6: Wins and Funnel Highlights
PLEXUS CONFIDENTIAL * WINS AND FUNNEL HIGHLIGHTS ● Record Q2F26 manufacturing wins of $355 million, with strong performance in all market sectors ● Significant Industrial funnel growth driven by automation and robotics, data center and energy opportunities ● Continued growth in Aerospace/Defense fun
Slide 7: Sustainability | Q2F26 Highlights
PLEXUS CONFIDENTIAL SUSTAINABILITY | Q2F26 HIGHLIGHTS ● Plexus celebrated its 40th anniversary as a Nasdaq-listed company ● Plexus Kelso celebrated 25 years. Our anniversary event highlighted the loyalty of our Scotland team, many of whom have been with Plexus since 2001. ● Named a finalist for the
Slide 8: Financial Guidance
PLEXUS CONFIDENTIAL FINANCIAL GUIDANCE ● Q3F26 revenue of $1.200 billion to $1.250 billion ● Q3F26 non-GAAP EPS of $2.02 to $2.18 ● Mid-teens or greater F26 revenue growth ● 6% or greater F26 non-GAAP operating margin ● Sustained strong working capital efficiency 8 Excludes stock-based compensation
Slide 9: Market Sector Performance: Aerospace/Defense
PLEXUS CONFIDENTIAL MARKET SECTOR PERFORMANCE AEROSPACE/DEFENSE Q2F26 vs. Q1F26 + 19% Q3F26 Expectations Up mid-single digits ● Q2F26 exceeded guidance on broad-based ● Wins highlights: strength and improved component availability ○ Strength of partnership and execution ● Q3F26 reflects scaling of
Slide 10: Market Sector Performance: Healthcare/Life Sciences
PLEXUS CONFIDENTIAL MARKET SECTOR PERFORMANCE HEALTHCARE/LIFE SCIENCES Q2F26 vs. Q1F26 + 1% Q3F26 Expectations Flat ● Q2F26 met guidance ● Wins highlights: ● Q3F26 flat ○ Strong new product launch engagement ● F26 revenue growth expected to exceed 912% goal supports award of next-gen ultrasound s
Slide 11: Market Sector Performance: Industrial
PLEXUS CONFIDENTIAL MARKET SECTOR PERFORMANCE INDUSTRIAL Q2F26 vs. Q1F26 + 12% Q3F26 Expectations Up low-double digits ● Q2F26 revenue met guidance ● Wins highlights: ● Robust Q3F26 forecast on broad semicap market ○ New data center power solution for existing strength and improving industrial mar
Slide 12: Qualified Manufacturing Funnel Trends
PLEXUS CONFIDENTIAL * QUALIFIED MANUFACTURING FUNNEL TRENDS Significant Expansion in Funnel 12 Inclusive of sustaining services
Slide 13: Income Statement
PLEXUS CONFIDENTIAL INCOME STATEMENT Q2F25 Q1F26 Q2F26 Actual Q2F26 Guidance Revenue $980 million $1.070 billion $1.164 billion $1.110 billion to $1.150 billion Gross margin 10.0% 9.9% 10.2% 9.9% to 10.2% Selling & administrative expense * $49.0 million $51.7 million $57.3 million $54.0 to $55.0 mil
Slide 14: Cash Flow and Balance Sheet
PLEXUS CONFIDENTIAL CASH FLOW AND BALANCE SHEET Q2F25 Q1F26 Q2F26 Free cash flow $16.5 million $50.6) million $16.0 million Share repurchases $12.2 million $22.4 million $20.6 million Cash balance $311 million $249 million $303 million Total debt $210 million $158 million $234 million Return on inv
Slide 15: Working Capital Trends
PLEXUS CONFIDENTIAL WORKING CAPITAL TRENDS Q2F25 Q3F25 Q4F25 Q1F26 Q2F26 Days in Accounts Receivable 57 59 57 58 55 Days in Contract Assets 12 13 13 13 12 Days in Inventory 132 128 118 124 120 Days in Accounts Payable 70 72 70 71 74 Days in Advanced Payments 63 59 55 55 49 15 Net Cash Cycle Days 68
Slide 16: Fiscal Third Quarter 2026 Guidance
PLEXUS CONFIDENTIAL FISCAL THIRD QUARTER 2026 GUIDANCE Q3F25 Q2F26 Q3F26 Guidance Revenue $1.018 billion $1.164 billion $1.200 billion to $1.250 billion GAAP diluted EPS * $1.64 $1.82 $1.25 to $1.41 Non-GAAP diluted EPS $1.90 $2.05 $2.02 to $2.18 Gross margin 10.1% 10.2% 9.9% to 10.2% Selling & admi
Slide 17: Thank you.
PLEXUS CONFIDENTIAL Q&A Thank you. 17