Flex Ltd. FLEX

114.68 2.28 2.03% as of 25 Sep
Market cap
$42.0B
P/E
44.3×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Flex Ltd. (FLEX) Gross margin

Flex Ltd.'s gross margin over the twelve months to 30 June 2026 was 9.37%, up 0.2 percentage points from fiscal 2026 (9.20%). Over the past ten years it has ranged from 5.53% (fiscal 2020) to 9.20% (fiscal 2026) — the current reading is the highest in ten years. That is below the Electronic Components industry median of 33.2% and below the Technology sector median of 47.2%.

Gross margin, annual

Annual

Period Gross margin Change (points)
FY2026 9.20% 0.84
FY2025 8.36% 1.30
FY2024 7.06% 0.13
FY2023 6.93% (0.30)
FY2022 7.23% 0.24
FY2021 6.99% 1.46
FY2020 5.53% (0.26)
FY2019 5.79% (0.48)
FY2018 6.27% (0.10)
FY2017 6.37% (0.22)

Quarterly

Period Gross margin Change (points)
Jun 2026 9.42% 0.03
Mar 2026 9.39% (0.23)
Dec 2025 9.62% 0.60
Sep 2025 9.02% 0.32
42 more quarters

Against its own ten years

Low 5.53% High 9.20%
Ten-year median 6.76%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
VICR Vicor Corporation compare 56.6%
LFUS Littelfuse, Inc. compare 39.3%
GLW Corning Incorporated compare 36.4%
TEL TE Connectivity Ltd. compare 36.1%
TTMI TTM Technologies, Inc. compare 21.2%
FN Fabrinet compare 12.0%
FLEX Flex Ltd. 9.37%
JBL Jabil, Inc. compare 9.23%
SANM Sanmina Corporation compare 9.01%
Electronic Components industry median 33.2%
Technology sector median 47.2%
Market median 46.3%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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