Growth Metrics

Flex (FLEX) Gross Margin (2016 - 2025)

Flex (FLEX) has disclosed Gross Margin for 17 consecutive years, with 9.62% as the latest value for Q4 2025.

  • On a quarterly basis, Gross Margin rose 56.0% to 9.62% in Q4 2025 year-over-year; TTM through Dec 2025 was 9.15%, a 92.0% increase, with the full-year FY2025 number at 8.64%, up 99.0% from a year prior.
  • Gross Margin was 9.62% for Q4 2025 at Flex, up from 9.02% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 11.19% in Q3 2023 to a low of 5.14% in Q1 2022.
  • A 5-year average of 8.02% and a median of 8.08% in 2022 define the central range for Gross Margin.
  • Peak YoY movement for Gross Margin: surged 400bps in 2023, then crashed -308bps in 2024.
  • Flex's Gross Margin stood at 7.43% in 2021, then grew by 8bps to 8.04% in 2022, then decreased by -16bps to 6.74% in 2023, then skyrocketed by 34bps to 9.06% in 2024, then grew by 6bps to 9.62% in 2025.
  • Per Business Quant, the three most recent readings for FLEX's Gross Margin are 9.62% (Q4 2025), 9.02% (Q3 2025), and 8.7% (Q2 2025).