Flex FLEX
NASDAQ FLEX
$113.11 -1.20 (-1.05%)
As of: Sep 9, 2026 · 12:34 PM EDT

Flex (FLEX) Gross Margin (2009 - 2026)

Flex's (FLEX) quarterly Gross Margin came in at 9.42% in Q2 2026, up 72.0% year-over-year from 5.48% in Q2 2025, and little changed quarter-over-quarter from 9.39% in Q1 2026.

Analysis

Flex (FLEX) Gross Margin (2009 - 2026) Analysis & Trends

Flex (FLEX) has reported Gross Margin for 18 consecutive years, with 9.42% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin rose 72.0% year-over-year to 9.42% in Q2 2026; TTM through Jun 2026 was 9.37%, a 70.0% increase from a year earlier, with the FY2026 full-year figure at 9.2%, up 83.0% from the prior year.
  • Gross Margin was 9.42% for Q2 2026 at Flex, roughly flat from 9.39% in the prior quarter.
  • Over five years, Gross Margin peaked at 9.62% in Q4 2025 and troughed at 6.66% in Q1 2023.
  • A 5-year average of 7.94% and a median of 7.47% in 2023 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin sank 75 bps in 2022 and surged 232 bps in 2024, its largest moves.
  • Over 5 years, Gross Margin stood at 6.88% in 2022, then dropped by 2 bps to 6.74% in 2023, then surged by 34 bps to 9.06% in 2024, then increased by 6 bps to 9.62% in 2025, then fell by 2 bps to 9.42% in 2026.
  • The last three Gross Margin figures came in at 9.42% (Q2 2026), 9.39% (Q1 2026), and 9.62% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Flex 41.22 Bn 38.38 Bn 747.00 Mn 9.42%
2 Celestica 39.69 Bn 39.15 Bn 577.50 Mn 12.29%
3 Jabil 32.87 Bn 31.51 Bn 828.00 Mn 9.46%
4 Fabrinet 15.11 Bn 14.23 Bn 158.05 Mn 12.01%
5 Ttm Technologies 13.20 Bn 12.68 Bn 211.86 Mn 21.10%
6 Sanmina 11.04 Bn 9.20 Bn 363.31 Mn 10.49%
7 Plexus 6.61 Bn 6.29 Bn 131.38 Mn 10.07%
8 Benchmark Electronics 2.66 Bn 2.35 Bn 78.40 Mn 10.37%
9 Kimball Electronics 607.80 Mn 518.88 Mn 32.95 Mn 8.87%
10 Eltek 52.55 Mn 41.04 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 26, 2026 9.42%
Mar 31, 2026 9.39%
Dec 31, 2025 9.62%
Sep 26, 2025 9.02%
Jun 27, 2025 8.70%
Mar 31, 2025 8.80%
Dec 31, 2024 9.06%
Sep 27, 2024 8.11%
Jun 28, 2024 7.46%
Mar 31, 2024 7.08%
Dec 31, 2023 6.74%
Sep 29, 2023 7.49%
Jun 30, 2023 6.91%
Mar 31, 2023 6.66%
Dec 31, 2022 6.88%
Sep 30, 2022 7.19%
Jul 1, 2022 7.00%
Mar 31, 2022 7.37%
Dec 31, 2021 7.42%
Oct 1, 2021 7.47%