Supply Chain Volatility: Plexus relies on timely and cost-effective availability of components from global suppliers, and disruptions such as natural disasters, geopolitical events, or sudden demand shifts can lead to production delays, increased costs, and inability to meet customer commitments.

Customer Concentration Exposure: A significant portion of Plexus's revenue is derived from a limited number of key customers, and the loss of a major customer or a significant reduction in their orders could materially impact the company's financial performance.

Economic Sensitivity Risk: As an Electronic Manufacturing Services (EMS) provider, Plexus's business is cyclical and sensitive to broader economic conditions, and downturns or reduced capital expenditure by customers in end markets can lead to lower demand for their services.