Flex (FLEX) Net Margin (2009 - 2026)
Flex's Net Margin was 3.59% in fiscal Q1 2027 (quarter ended Jun 26, 2026), up 0.67 percentage points from 2.92% a year earlier and up 0.25 percentage points from the prior quarter.
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Analysis
Flex (FLEX) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Flex's Net Margin was 3.32% through Jun 26, 2026, down 0.09 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it was 3.15%, down 0.09 percentage points from FY2025.
- Net Margin shows a five-year change of +0.61 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Net Margin was 3.25% in FY2025 (-0.56 pp), 3.81% in FY2024 (+1.03 pp), 2.78% in FY2023 (-1.02 pp) and 3.80% in FY2022 (+1.26 pp).
- The fiscal Q1 2027 figure marks the highest quarterly Net Margin since fiscal Q3 2025.
- Compared with a year earlier, Net Margin was higher in three of the last eight quarters, with an average year-over-year change of -0.21 percentage points.
- The best year-over-year quarter for Net Margin over five years was fiscal Q4 2024 (a gain of 4.37 percentage points); the worst was fiscal Q4 2025 (a drop of 2.93 percentage points).
- Per Business Quant data, FLEX's Net Margin in the three fiscal quarters before Q1 2027 was 3.34% (Q4 2026), 3.39% (Q3 2026) and 2.92% (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,074.75 Bn | 4,822.24 Bn | 54.77 Bn | 27.23% |
| 2 | Cisco Systems | 439.95 Bn | 375.88 Bn | 11.06 Bn | 22.37% |
| 3 | Dell Technologies | 322.86 Bn | 278.62 Bn | 9.83 Bn | 8.80% |
| 4 | Arista Networks | 232.10 Bn | 185.56 Bn | 1.91 Bn | 39.95% |
| 5 | Sandisk | 191.34 Bn | 179.86 Bn | 7.58 Bn | 77.00% |
| 6 | Sony | 152.75 Bn | 90.01 Bn | 6.53 Bn | 12.06% |
| 7 | Seagate Technology Holdings | 150.09 Bn | 145.08 Bn | 1.90 Bn | 35.66% |
| 8 | Western Digital | 140.63 Bn | 130.46 Bn | 2.53 Bn | 40.61% |
| 9 | Hewlett Packard Enterprise | 81.19 Bn | 59.07 Bn | 4.93 Bn | 12.61% |
| 10 | Flex | 29.57 Bn | 19.03 Bn | 747.00 Mn | 3.59% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 3.59% |
| Mar 31, 2026 | 3.34% |
| Dec 31, 2025 | 3.39% |
| Sep 26, 2025 | 2.92% |
| Jun 27, 2025 | 2.92% |
| Mar 31, 2025 | 3.47% |
| Dec 31, 2024 | 4.01% |
| Sep 27, 2024 | 3.27% |
| Jun 28, 2024 | 2.20% |
| Mar 31, 2024 | 6.40% |
| Dec 31, 2023 | 3.07% |
| Sep 29, 2023 | 3.29% |
| Jun 30, 2023 | 2.70% |
| Mar 31, 2023 | 2.03% |
| Dec 31, 2022 | 3.17% |
| Sep 30, 2022 | 3.18% |
| Jul 1, 2022 | 2.72% |
| Mar 31, 2022 | 2.45% |
| Dec 31, 2021 | 3.43% |
| Oct 1, 2021 | 5.39% |
API Access
Flex Net 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=net-margin&ticker=FLEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=FLEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();