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Benchmark Electronics vs Plexus: revenue, profit, margins and growth compared

Benchmark Electronics brought in $2.7B of revenue in fiscal 2025, Plexus $4B in fiscal 2025. Revenue changed by -0.4% at Benchmark Electronics and +1.8% at Plexus on the year before, so Plexus grew faster. Benchmark Electronics kept 0.9% of its revenue as net profit, Plexus 4.3%. Free cash flow was $88.4M at Benchmark Electronics and $154M at Plexus.

Side by side, latest fiscal year

BHEPLXS
Fiscal year endedFY2025 (December 31, 2025)FY2025 (September 27, 2025)
Revenue$2.7B$4B
Revenue growth-0.4%+1.8%
Net income$24.9M$172.9M
Net margin0.9%4.3%
Free cash flow$88.4M$154M
Free cash flow margin3.2%3.8%
Earnings per share (diluted)$0.68$6.26
Cash$322.1M$306.5M
Debt$210.6Mn/a
Price to earnings121.342.0
Market value$3B$7B
Dividend yieldn/an/a
Rank by revenue in sector#129 of 530 · Technology#106 of 530 · Technology

Over the years

Revenue
BHE FY2018: $2.6BBHE FY2019: $2.3BBHE FY2020: $2.1BBHE FY2021: $2.3BBHE FY2022: $3BBHE FY2023: $3BBHE FY2024: $2.8BBHE FY2025: $2.7BPLXS FY2018: $2.9BPLXS FY2019: $3.3BPLXS FY2020: $3.5BPLXS FY2021: $3.5BPLXS FY2022: $3.9BPLXS FY2023: $4.2BPLXS FY2024: $4BPLXS FY2025: $4BFY18FY19FY20FY21FY22FY23FY24FY25
BHE $2.7BPLXS $4B
Net income
BHE FY2018: $22.8MBHE FY2019: $23.4MBHE FY2020: $14.1MBHE FY2021: $35.8MBHE FY2022: $68.2MBHE FY2023: $68.9MBHE FY2024: $61.1MBHE FY2025: $24.9MPLXS FY2018: $13MPLXS FY2019: $108.6MPLXS FY2020: $117.5MPLXS FY2021: $138.9MPLXS FY2022: $138.2MPLXS FY2023: $139.1MPLXS FY2024: $111.8MPLXS FY2025: $172.9MFY18FY19FY20FY21FY22FY23FY24FY25
BHE $24.9MPLXS $172.9M
Net margin
BHE FY2018: 0.9%BHE FY2019: 1.0%BHE FY2020: 0.7%BHE FY2021: 1.5%BHE FY2022: 2.3%BHE FY2023: 2.3%BHE FY2024: 2.2%BHE FY2025: 0.9%PLXS FY2018: 0.5%PLXS FY2019: 3.3%PLXS FY2020: 3.4%PLXS FY2021: 4.0%PLXS FY2022: 3.5%PLXS FY2023: 3.3%PLXS FY2024: 2.8%PLXS FY2025: 4.3%FY18FY19FY20FY21FY22FY23FY24FY25
BHE 0.9%PLXS 4.3%
Revenue growth
BHE FY2019: -10.9%BHE FY2020: -9.2%BHE FY2021: +10.1%BHE FY2022: +28.4%BHE FY2023: -1.5%BHE FY2024: -7.0%BHE FY2025: -0.4%PLXS FY2019: +14.7%PLXS FY2020: +6.2%PLXS FY2021: -0.6%PLXS FY2022: +12.8%PLXS FY2023: +7.2%PLXS FY2024: -5.9%PLXS FY2025: +1.8%FY19FY20FY21FY22FY23FY24FY25
BHE -0.4%PLXS +1.8%
Free cash flow
BHE FY2018: $13.9MBHE FY2019: $60.6MBHE FY2020: $85.9MBHE FY2021: -$41.4MBHE FY2022: -$220.8MBHE FY2023: $100.8MBHE FY2024: $157.9MBHE FY2025: $88.4MPLXS FY2018: $4.1MPLXS FY2019: $24.7MPLXS FY2020: $160.3MPLXS FY2021: $85.5MPLXS FY2022: -$127.9MPLXS FY2023: $61.8MPLXS FY2024: $341.3MPLXS FY2025: $154MFY18FY19FY20FY21FY22FY23FY24FY25
BHE $88.4MPLXS $154M

Fiscal years as each company reports them; the two may end in different months.

Questions about Benchmark Electronics and Plexus

Which is bigger by revenue, Benchmark Electronics or Plexus?

Plexus is bigger by revenue: $4B in fiscal 2025, against $2.7B for Benchmark Electronics in fiscal 2025.

Which keeps more of its revenue as profit, Benchmark Electronics or Plexus?

Benchmark Electronics had a net margin of 0.9% in fiscal 2025; Plexus had 4.3% in fiscal 2025.

Which grew revenue faster, Benchmark Electronics or Plexus?

In their latest fiscal years revenue changed by -0.4% at Benchmark Electronics and +1.8% at Plexus.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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