Slide 1: Fiscal First Quarter 2026 Highlights
PLEXUS CONFIDENTIAL FISCAL FIRST QUARTER 2026 HIGHLIGHTS January 28, 2026
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 First Quarter Themes
PLEXUS CONFIDENTIAL FISCAL FIRST QUARTER THEMES Program wins, share Forecast strong F26 Forecast approximately gains and improving operating leverage $100 million of F26 free market demand inclusive of cash flow while position Plexus in F26 investments in talent, investing to support to meet or exce
Slide 4: Financial Results
PLEXUS CONFIDENTIAL FINANCIAL RESULTS ● 4th consecutive quarter of sequential revenue growth ● 10% year-over-year revenue growth ● Strong operating margin performance ● Non-GAAP EPS of $1.78 met the high end of guidance 4 Excludes stock-based compensation expense
Slide 5: Wins and Funnel Highlights
PLEXUS CONFIDENTIAL * WINS AND FUNNEL HIGHLIGHTS ● Q1F26 wins of $283 million includes exciting new customers and technologies ● Record Aerospace/Defense Q1F26 wins of $220 million ● Robust funnel of engineering solutions opportunities, including record Aerospace/Defense total funnel 5 Inclusive of
Slide 6: Sustainability | Q1F26 Highlights
PLEXUS CONFIDENTIAL SUSTAINABILITY | Q1F26 HIGHLIGHTS ● Named one of HR Asiaʼs “Best Companies to Work For.ˮ 4th consecutive year of recognition. ● Partnered with Malaysian utility provider TNB to provide our Penang, Malaysia campus with 100% renewably-sourced electricity, dramatically reducing ou
Slide 7: Financial Guidance
PLEXUS CONFIDENTIAL FINANCIAL GUIDANCE ● Q2F26 revenue of $1.110 billion to $1.150 billion ● Q2F26 non-GAAP EPS of $1.80 to $1.95 ● Potential for F26 revenue growth to meet or exceed high end of 912% goal ● Expect significant F26 operating profit expansion ● F26 free cash flow of approximately $100
Slide 8: Market Sector Performance - Aerospace/Defense
PLEXUS CONFIDENTIAL MARKET SECTOR PERFORMANCE AEROSPACE/DEFENSE Q1F26 vs. Q4F25 + 3% Q2F26 Expectations Up mid-single digits ● Q1F26 below expectations on short-term impact of ● Wins highlights: customer year-end inventory management ○ Record quarterly performance ● Q2F26 growth from strengthening
Slide 9: Market Sector Performance - Healthcare/Life Sciences
PLEXUS CONFIDENTIAL MARKET SECTOR PERFORMANCE HEALTHCARE/LIFE SCIENCES Q1F26 vs. Q4F25 + 10% Q2F26 Expectations Flat to up low-single digits ● Q1F26 met robust growth expectations ● Wins highlights: ● Q2F26 outlook supported by strength in ○ Win with key imaging customer in response to therapeutic
Slide 10: Market Sector Performance - Industrial
PLEXUS CONFIDENTIAL MARKET SECTOR PERFORMANCE INDUSTRIAL Q1F26 vs. Q4F25 - 8% Q2F26 Expectations Up high-single to low-double digits ● Q1F26 revenue in line with forecast ● Wins highlights: ● Robust Q2F26 forecast on market strength and ○ Continued wins in semicap program ramps in semicap and impr
Slide 11: Qualified Manufacturing Funnel Trends
PLEXUS CONFIDENTIAL * QUALIFIED MANUFACTURING FUNNEL TRENDS Funnel Supports Continued Strength in Manufacturing Wins 11 Inclusive of sustaining services
Slide 12: Income Statement
PLEXUS CONFIDENTIAL INCOME STATEMENT Q1F25 Q4F25 Q1F26 Actual Q1F26 Guidance Revenue $976 million $1.058 billion $1.070 billion $1.050 billion to $1.090 billion Gross margin 10.3% 9.9% 9.9% 9.8% to 10.1% Selling & administrative expense * $49.1 million $51.7 million $51.7 million $51.5 to $52.5 mill
Slide 13: Cash Flow and Balance Sheet
PLEXUS CONFIDENTIAL CASH FLOW AND BALANCE SHEET Q1F25 Q4F25 Q1F26 Free cash flow $27.1 million $97.2 million $50.6) million Share repurchases $12.8 million $21.5 million $22.4 million Cash balance $318 million $307 million $249 million Total debt $211 million $138 million $158 million Return on inv
Slide 14: Working Capital Trends
PLEXUS CONFIDENTIAL WORKING CAPITAL TRENDS Q1F25 Q2F25 Q3F25 Q4F25 Q1F26 Days in Accounts Receivable 56 57 59 57 58 Days in Contract Assets 12 12 13 13 13 Days in Inventory 134 132 128 118 124 Days in Accounts Payable 69 70 72 70 71 Days in Advanced Payments 65 63 59 55 55 14 Net Cash Cycle Days 68
Slide 15: Fiscal Second Quarter 2026 Guidance
PLEXUS CONFIDENTIAL FISCAL SECOND QUARTER 2026 GUIDANCE Q2F25 Q1F26 Q2F26 Guidance Revenue $980 million $1.070 billion $1.110 billion to $1.150 billion GAAP diluted EPS * $1.41 $1.51 $1.53 to $1.68 Non-GAAP diluted EPS $1.66 $1.78 $1.80 to $1.95 Gross margin 10.0% 9.9% 9.9% to 10.2% Selling & admini
Slide 16: Q&A Thank you.
PLEXUS CONFIDENTIAL Q&A Thank you.