Flex (FLEX) Cost of Revenue (2009 - 2026)
Flex (FLEX) reported Cost of Revenue of $6.7 billion for Q1 2026, up 16.19% year-over-year from $5.8 billion in Q1 2025, and up 5.87% quarter-over-quarter from $6.4 billion in Q4 2025.
Flex (FLEX) Cost of Revenue (2009 - 2026) Analysis & Trends
Flex (FLEX) has 18 years of Cost of Revenue data on file, last reported at $6.7 billion in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $6.7 billion, up 16.19% year-over-year; the trailing twelve-month figure through Mar 2026 was $25.3 billion (up 7.23% YoY), and the FY2026 annual result was $25.3 billion, up 7.23% from the prior year.
- Cost of Revenue climbed to $6.7 billion in Q1 2026 per FLEX's latest filing, from $6.4 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $7.2 billion in Q3 2022 and troughed at $5.1 billion in Q1 2022.
- A 5-year average of $6.2 billion and a median of $6.0 billion in 2024 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue rose 24.67% in 2022, then decreased 17.31% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $7.2 billion in 2022, then slipped by 17.31% to $5.9 billion in 2023, then climbed by 0.42% to $6.0 billion in 2024, then climbed by 7.07% to $6.4 billion in 2025, then rose by 5.87% to $6.7 billion in 2026.
- Business Quant data shows FLEX's Cost of Revenue at $6.7 billion in Q1 2026, $6.4 billion in Q4 2025, and $6.2 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 183.77 Bn | 178.74 Bn | 2.80 Bn | 4.82 Bn |
| 2 | Corning | 144.20 Bn | 142.98 Bn | 1.53 Bn | 2.62 Bn |
| 3 | TE Connectivity | 59.29 Bn | 58.32 Bn | 1.75 Bn | 3.00 Bn |
| 4 | Flex | 51.72 Bn | 50.08 Bn | 702.00 Mn | 6.75 Bn |
| 5 | Celestica | 41.83 Bn | 41.45 Bn | 437.20 Mn | 3.61 Bn |
| 6 | Jabil | 37.56 Bn | 35.73 Bn | 746.00 Mn | 7.54 Bn |
| 7 | Fabrinet | 20.67 Bn | 19.73 Bn | 144.34 Mn | 1.07 Bn |
| 8 | Ttm Technologies | 17.87 Bn | 17.45 Bn | 181.18 Mn | 664.80 Mn |
| 9 | Vicor | 12.62 Bn | 12.22 Bn | 62.37 Mn | 50.60 Mn |
| 10 | Sanmina | 12.56 Bn | 10.99 Bn | 353.79 Mn | 3.66 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 6.75 Bn |
| Mar 31, 2026 | 6.75 Bn |
| Dec 31, 2025 | 6.37 Bn |
| Dec 31, 2025 | 6.37 Bn |
| Sep 26, 2025 | 6.18 Bn |
| Sep 26, 2025 | 6.18 Bn |
| Jun 27, 2025 | 5.99 Bn |
| Jun 27, 2025 | 5.99 Bn |
| Mar 31, 2025 | 5.81 Bn |
| Mar 31, 2025 | 5.81 Bn |
| Dec 31, 2024 | 5.95 Bn |
| Dec 31, 2024 | 5.95 Bn |
| Sep 27, 2024 | 6.00 Bn |
| Sep 27, 2024 | 6.00 Bn |
| Jun 28, 2024 | 5.83 Bn |
| Jun 28, 2024 | 5.83 Bn |
| Mar 31, 2024 | 5.66 Bn |
| Mar 31, 2024 | 5.66 Bn |
| Dec 31, 2023 | 5.93 Bn |
| Dec 31, 2023 | 5.93 Bn |