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) Operating margin
Flex Ltd.'s operating margin over the twelve months to 30 June 2026 was 4.95%, up 0.1 percentage points from fiscal 2026 (4.90%). Over the past ten years it has ranged from 1.71% (fiscal 2020) to 4.90% (fiscal 2026) — the current reading is the highest in ten years. That is above the Electronic Components industry median of 3.90% and above the Technology sector median of 0.00%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2026 | 4.90% | 0.37 |
| FY2025 | 4.53% | 1.30 |
| FY2024 | 3.23% | (0.34) |
| FY2023 | 3.57% | (0.04) |
| FY2022 | 3.61% | 0.31 |
| FY2021 | 3.30% | 1.59 |
| FY2020 | 1.71% | (0.11) |
| FY2019 | 1.82% | (0.04) |
| FY2018 | 1.86% | (0.20) |
| FY2017 | 2.06% | (0.34) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Jun 2026 | 4.94% | (0.04) |
| Mar 2026 | 4.98% | (0.53) |
| Dec 2025 | 5.51% | 1.16 |
| Sep 2025 | 4.35% | (0.38) |
| 42 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| TEL TE Connectivity Ltd. compare | 19.7% |
| VICR Vicor Corporation compare | 18.6% |
| GLW Corning Incorporated compare | 15.3% |
| FN Fabrinet compare | 9.97% |
| TTMI TTM Technologies, Inc. compare | 9.89% |
| FLEX Flex Ltd. | 4.95% |
| JBL Jabil, Inc. compare | 4.74% |
| SANM Sanmina Corporation compare | 4.15% |
| LFUS Littelfuse, Inc. compare | 3.65% |
| Electronic Components industry median | 3.90% |
| Technology sector median | 0.00% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on FLEX
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross 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