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.
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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
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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 | Free account |
Against its own ten years
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
More on FLEX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement