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 operating margin
Operating margin is operating income as a percentage of revenue.
Flex's operating margin for the twelve months ending Sep 25, 2026 was 5.1%. For fiscal 2026 it was 4.9%, against 4.5% the year before. The highest annual figure on record is 4.9% in fiscal 2026.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2026 | Mar 31, 2026 | 4.9% | +0.4 |
| FY2025 | Mar 31, 2025 | 4.5% | +1.3 |
| FY2024 | Mar 31, 2024 | 3.2% | −0.3 |
| FY2023 | Mar 31, 2023 | 3.6% | −0.0 |
| FY2022 | Mar 31, 2022 | 3.6% | +0.3 |
| FY2021 | Mar 31, 2021 | 3.3% | +1.6 |
| FY2020 | Mar 31, 2020 | 1.7% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q2 FY2027CQ3 2026 | Sep 25, 2026 | 4.9% | +0.5 |
| Q1 FY2027CQ2 2026 | Jun 26, 2026 | 4.9% | +0.2 |
| Q4 FY2026CQ1 2026 | Mar 31, 2026 | 5.0% | +0.2 |
| Q3 FY2026CQ4 2025 | Dec 31, 2025 | 5.5% | +0.4 |
| Q2 FY2026CQ3 2025 | Sep 26, 2025 | 4.4% | −0.2 |
| Q1 FY2026CQ2 2025 | Jun 27, 2025 | 4.7% | +1.0 |
| Q4 FY2025CQ1 2025 | Mar 31, 2025 | 4.8% | +2.2 |
| Q3 FY2025CQ4 2024 | Dec 31, 2024 | 5.1% | +2.0 |
| Q2 FY2025CQ3 2024 | Sep 27, 2024 | 4.5% | +0.5 |
| Q1 FY2025CQ2 2024 | Jun 28, 2024 | 3.7% | +0.6 |
| Q4 FY2024CQ1 2024 | Mar 31, 2024 | 2.6% | −0.6 |
| Q3 FY2024CQ4 2023 | Dec 31, 2023 | 3.1% | −0.5 |
| Q2 FY2024CQ3 2023 | Sep 29, 2023 | 4.1% | +0.2 |
| Q1 FY2024CQ2 2023 | Jun 30, 2023 | 3.1% | −0.5 |
| Q4 FY2023CQ1 2023 | Mar 31, 2023 | 3.2% | −0.1 |
| Q3 FY2023CQ4 2022 | Dec 31, 2022 | 3.6% | −0.2 |
| Q2 FY2023CQ3 2022 | Sep 30, 2022 | 3.9% | +0.1 |
| Q1 FY2023CQ2 2022 | Jul 1, 2022 | 3.6% | −0.4 |
| Q4 FY2022CQ1 2022 | Mar 31, 2022 | 3.3% | −1.2 |
| Q3 FY2022CQ4 2021 | Dec 31, 2021 | 3.8% | +0.2 |
| Q2 FY2022CQ3 2021 | Oct 1, 2021 | 3.8% | +0.9 |
| Q1 FY2022CQ2 2021 | Jul 2, 2021 | 4.0% | – |
| Q4 FY2021CQ1 2021 | Mar 31, 2021 | 4.5% | – |
| Q3 FY2021CQ4 2020 | Dec 31, 2020 | 3.6% | – |
| Q2 FY2021CQ3 2020 | Sep 25, 2020 | 2.9% | – |
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