Flex Ltd. (FLEX) stock
FLEXNasdaqPrinted Circuit BoardsFiscal year ends March 31
Financials through Q2 FY2027, quarter ended Sep 25, 2026Last filing: 10-Q on Oct 30, 2026Score 11/3032% above fair value
$78.97+2.88 (+3.78%)
Close on Nov 11, 2026Market cap $29.18BP/E 28.5Yield –
Flex gross margin
Gross margin is gross profit as a percentage of revenue.
Flex's gross margin for the twelve months ending Sep 25, 2026 was 9.5%. For fiscal 2026 it was 9.2%, against 8.4% the year before. The highest annual figure on record is 9.2% in fiscal 2026.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | Mar 31, 2026 | 9.2% | +0.8 |
| FY2025 | Mar 31, 2025 | 8.4% | +1.3 |
| FY2024 | Mar 31, 2024 | 7.1% | +0.1 |
| FY2023 | Mar 31, 2023 | 6.9% | −0.3 |
| FY2022 | Mar 31, 2022 | 7.2% | +0.2 |
| FY2021 | Mar 31, 2021 | 7.0% | +1.5 |
| FY2020 | Mar 31, 2020 | 5.5% | −0.3 |
| FY2019 | Mar 31, 2019 | 5.8% | −0.5 |
| FY2018 | Mar 31, 2018 | 6.3% | −0.1 |
| FY2017 | Mar 31, 2017 | 6.4% | −0.2 |
| FY2016 | Mar 31, 2016 | 6.6% | +0.7 |
| FY2015 | Mar 31, 2015 | 5.9% | +0.4 |
| FY2014 | Mar 31, 2014 | 5.5% | +0.6 |
| FY2013 | Mar 31, 2013 | 4.9% | −0.2 |
| FY2012 | Mar 31, 2012 | 5.2% | −0.4 |
| FY2011 | Mar 31, 2011 | 5.6% | +0.5 |
| FY2010 | Mar 31, 2010 | 5.0% | +0.9 |
| FY2009 | Mar 31, 2009 | 4.1% | −0.1 |
| FY2008 | Mar 31, 2008 | 4.3% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2027CQ3 2026 | Sep 25, 2026 | 9.6% | +0.5 |
| Q1 FY2027CQ2 2026 | Jun 26, 2026 | 9.4% | +0.7 |
| Q4 FY2026CQ1 2026 | Mar 31, 2026 | 9.4% | +0.6 |
| Q3 FY2026CQ4 2025 | Dec 31, 2025 | 9.6% | +0.6 |
| Q2 FY2026CQ3 2025 | Sep 26, 2025 | 9.0% | +0.9 |
| Q1 FY2026CQ2 2025 | Jun 27, 2025 | 8.7% | +1.2 |
| Q4 FY2025CQ1 2025 | Mar 31, 2025 | 8.8% | +1.7 |
| Q3 FY2025CQ4 2024 | Dec 31, 2024 | 9.1% | +2.3 |
| Q2 FY2025CQ3 2024 | Sep 27, 2024 | 8.1% | +0.6 |
| Q1 FY2025CQ2 2024 | Jun 28, 2024 | 7.5% | +0.6 |
| Q4 FY2024CQ1 2024 | Mar 31, 2024 | 7.1% | +0.4 |
| Q3 FY2024CQ4 2023 | Dec 31, 2023 | 6.7% | −0.1 |
| Q2 FY2024CQ3 2023 | Sep 29, 2023 | 7.5% | +0.3 |
| Q1 FY2024CQ2 2023 | Jun 30, 2023 | 6.9% | −0.1 |
| Q4 FY2023CQ1 2023 | Mar 31, 2023 | 6.7% | −0.7 |
| Q3 FY2023CQ4 2022 | Dec 31, 2022 | 6.9% | −0.5 |
| Q2 FY2023CQ3 2022 | Sep 30, 2022 | 7.2% | −0.3 |
| Q1 FY2023CQ2 2022 | Jul 1, 2022 | 7.0% | −0.4 |
| Q4 FY2022CQ1 2022 | Mar 31, 2022 | 7.4% | −0.8 |
| Q3 FY2022CQ4 2021 | Dec 31, 2021 | 7.4% | +0.3 |
| Q2 FY2022CQ3 2021 | Oct 1, 2021 | 7.5% | +0.9 |
| Q1 FY2022CQ2 2021 | Jul 2, 2021 | 7.4% | +1.5 |
| Q4 FY2021CQ1 2021 | Mar 31, 2021 | 8.1% | +1.5 |
| Q3 FY2021CQ4 2020 | Dec 31, 2020 | 7.1% | +0.5 |
| Q2 FY2021CQ3 2020 | Sep 25, 2020 | 6.6% | +3.5 |
| Q1 FY2021CQ2 2020 | Jun 26, 2020 | 5.9% | +0.2 |
| Q4 FY2020CQ1 2020 | Mar 31, 2020 | 6.7% | +0.6 |
| Q3 FY2020CQ4 2019 | Dec 31, 2019 | 6.7% | +1.5 |
| Q2 FY2020CQ3 2019 | Sep 27, 2019 | 3.1% | −2.9 |
| Q1 FY2020CQ2 2019 | Jun 28, 2019 | 5.7% | −0.2 |
| Q4 FY2019CQ1 2019 | Mar 31, 2019 | 6.1% | +0.7 |
| Q3 FY2019CQ4 2018 | Dec 31, 2018 | 5.2% | −1.4 |
| Q2 FY2019CQ3 2018 | Sep 28, 2018 | 6.0% | −0.2 |
| Q1 FY2019CQ2 2018 | Jun 29, 2018 | 5.9% | −0.9 |
| Q4 FY2018CQ1 2018 | Mar 31, 2018 | 5.4% | −1.1 |
| Q3 FY2018CQ4 2017 | Dec 31, 2017 | 6.6% | −0.2 |
| Q2 FY2018CQ3 2017 | Sep 29, 2017 | 6.3% | – |
| Q1 FY2018CQ2 2017 | Jun 30, 2017 | 6.8% | – |
| Q4 FY2017CQ1 2017 | Mar 31, 2017 | 6.6% | – |
| Q3 FY2017CQ4 2016 | Dec 31, 2016 | 6.8% | – |
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