Flex (FLEX) Gross Margin (2009 - 2026)
Flex's Gross Margin was 9.42% in fiscal Q1 2027 (quarter ended Jun 26, 2026), up 0.72 percentage points from 8.70% a year earlier and up 0.03 percentage points from the prior quarter.
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Analysis
Flex (FLEX) Gross Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Flex's Gross Margin was 9.37% through Jun 26, 2026, up 0.70 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it came in at 9.20%, up 0.83 percentage points from FY2025.
- Gross Margin has now increased for three consecutive fiscal years, with a five-year change of +2.20 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Gross Margin was 8.36% in FY2025 (+1.30 pp), 7.06% in FY2024 (+0.13 pp), 6.93% in FY2023 (-0.29 pp) and 7.23% in FY2022 (+0.23 pp).
- Quarterly Gross Margin has moved between 6.66% (fiscal Q4 2023) and 9.62% (fiscal Q3 2026) over five years.
- Compared with a year earlier, Gross Margin has increased for ten straight quarters, with an average year-over-year change of +1.09 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was fiscal Q3 2025 (a gain of 2.32 percentage points); the worst was fiscal Q4 2022 (a drop of 0.75 percentage points).
- Per Business Quant data, FLEX's Gross Margin in the three fiscal quarters before Q1 2027 was 9.39% (Q4 2026), 9.62% (Q3 2026) and 9.02% (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 50.06% |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 64.13% |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 20.93% |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 62.93% |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 84.57% |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 52.30% |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 54.12% |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 36.70% |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 40.34% |
| 10 | Flex | 41.76 Bn | 31.22 Bn | 747.00 Mn | 9.42% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
API Access
Flex Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=FLEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "FLEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=FLEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();