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Celestica vs Plexus: revenue, profit, margins and growth compared

Celestica brought in $12.4B of revenue in fiscal 2025, Plexus $4B in fiscal 2025. Revenue changed by +28.5% at Celestica and +1.8% at Plexus on the year before, so Celestica grew faster. Celestica kept 6.7% of its revenue as net profit, Plexus 4.3%. Free cash flow was $458.3M at Celestica and $154M at Plexus.

Side by side, latest fiscal year

CLSPLXS
Fiscal year endedFY2025 (December 31, 2025)FY2025 (September 27, 2025)
Revenue$12.4B$4B
Revenue growth+28.5%+1.8%
Net income$832.5M$172.9M
Net margin6.7%4.3%
Free cash flow$458.3M$154M
Free cash flow margin3.7%3.8%
Earnings per share (diluted)$7.16$6.26
Cash$595.6M$306.5M
Debt$776.5Mn/a
Price to earnings51.042.0
Market value$42B$7B
Dividend yieldn/an/a
Rank by revenue in sector#50 of 530 · Technology#106 of 530 · Technology

Over the years

Revenue
CLS FY2018: $6.6BCLS FY2019: $5.9BCLS FY2020: $5.7BCLS FY2021: $5.6BCLS FY2022: $7.3BCLS FY2023: $8BCLS FY2024: $9.6BCLS FY2025: $12.4BPLXS FY2018: $2.9BPLXS FY2019: $3.3BPLXS FY2020: $3.5BPLXS FY2021: $3.5BPLXS FY2022: $3.9BPLXS FY2023: $4.2BPLXS FY2024: $4BPLXS FY2025: $4BFY18FY19FY20FY21FY22FY23FY24FY25
CLS $12.4BPLXS $4B
Net income
CLS FY2018: $98.9MCLS FY2019: $70.3MCLS FY2020: $60.6MCLS FY2021: $103.9MCLS FY2022: $180.1MCLS FY2023: $244.4MCLS FY2024: $428MCLS FY2025: $832.5MPLXS FY2018: $13MPLXS FY2019: $108.6MPLXS FY2020: $117.5MPLXS FY2021: $138.9MPLXS FY2022: $138.2MPLXS FY2023: $139.1MPLXS FY2024: $111.8MPLXS FY2025: $172.9MFY18FY19FY20FY21FY22FY23FY24FY25
CLS $832.5MPLXS $172.9M
Net margin
CLS FY2018: 1.5%CLS FY2019: 1.2%CLS FY2020: 1.1%CLS FY2021: 1.8%CLS FY2022: 2.5%CLS FY2023: 3.1%CLS FY2024: 4.4%CLS FY2025: 6.7%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
CLS 6.7%PLXS 4.3%
Revenue growth
CLS FY2019: -11.2%CLS FY2020: -2.4%CLS FY2021: -2.0%CLS FY2022: +28.7%CLS FY2023: +9.8%CLS FY2024: +21.2%CLS FY2025: +28.5%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
CLS +28.5%PLXS +1.8%
Free cash flow
CLS FY2022: $102.1MCLS FY2023: $201.1MCLS FY2024: $303MCLS FY2025: $458.3MPLXS FY2018: $4.1MPLXS FY2019: $24.7MPLXS FY2020: $160.3MPLXS FY2021: $85.5MPLXS FY2022: -$127.9MPLXS FY2023: $61.8MPLXS FY2024: $341.3MPLXS FY2025: $154MFY18FY19FY20FY21FY22FY23FY24FY25
CLS $458.3MPLXS $154M

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

Questions about Celestica and Plexus

Which is bigger by revenue, Celestica or Plexus?

Celestica is bigger by revenue: $12.4B in fiscal 2025, against $4B for Plexus in fiscal 2025.

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

Celestica had a net margin of 6.7% in fiscal 2025; Plexus had 4.3% in fiscal 2025.

Which grew revenue faster, Celestica or Plexus?

In their latest fiscal years revenue changed by +28.5% at Celestica 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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