Flex Ltd.

FLEX Technology Electronic Components

Flex Ltd.’s revenue for fiscal 2026 (year ended March 2026) was $27.9 billion, up 8.14% from fiscal 2025. In the quarter to June 2026, revenue grew 20.6%, EPS grew 52.0%, free cash flow fell 84.7% and total debt rose 41.8%, each against the same quarter a year earlier. Member of the S&P 500; operating cash flow growth for three consecutive years.

90.46 8.04 −8.16%
Market cap
$36.4B
P/E
34.9×
Fwd P/E
37.0×
Dividend yield
—
F-score
6/9
Altman Z
2.70
Beneish M
−2.56
Dividend safety
n/a

Flex Ltd. (FLEX) Gross margin

Alert me on 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

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Annual newest first

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 newest first

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 46.2%

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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