Flex (FLEX) Net Margin (2009 - 2026)
Flex (FLEX) posted quarterly Net Margin of 3.59% for Q2 2026, up 67.0% year-over-year from 2.15% in Q2 2025, and up 7.51% on a QoQ basis from 3.34% in Q1 2026.
Flex (FLEX) Net Margin (2009 - 2026) Analysis & Trends
Flex has reported Net Margin for 17 years, with the latest figure at 3.59% in Q2 2026.
- Net Margin for Q2 2026 came in at 3.59%, up 67.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 3.32% (up 259.0% YoY), and the FY2024 annual result was 1.41%, up 18.0% from the prior year.
- Net Margin climbed to 3.59% in Q2 2026, from 3.34% in the prior quarter.
- Over five years, Net Margin peaked at 3.59% in Q2 2026 and troughed at 0.27% in Q3 2022.
- A 4-year average of 2.16% and a median of 2.92% in 2025 frame the typical range for Net Margin.
- The widest annual swing landed in 2022, when Net Margin plunged 481 bps; it then soared 237 bps in 2023.
- A 4-year view of Net Margin shows it stood at 0.88% in 2022, then soared by 84 bps to 1.62% in 2023, then jumped by 109 bps to 3.39% in 2025, then rose by 6 bps to 3.59% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 3.59% in Q2 2026, 3.34% in Q1 2026, and 3.39% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 381.92 Bn | 375.81 Bn | 3.55 Bn | 20.37% |
| 2 | Corning | 130.39 Bn | 127.88 Bn | 1.63 Bn | 13.52% |
| 3 | TE Connectivity | 58.49 Bn | 57.25 Bn | 1.84 Bn | 14.50% |
| 4 | Flex | 40.89 Bn | 38.05 Bn | 747.00 Mn | 3.59% |
| 5 | Celestica | 34.57 Bn | 34.03 Bn | 577.50 Mn | 7.38% |
| 6 | Jabil | 33.88 Bn | 32.52 Bn | 828.00 Mn | 3.14% |
| 7 | Fabrinet | 15.99 Bn | 15.11 Bn | 158.05 Mn | 10.58% |
| 8 | Ttm Technologies | 12.02 Bn | 11.50 Bn | 211.86 Mn | 8.27% |
| 9 | Sanmina | 10.48 Bn | 8.64 Bn | 363.31 Mn | 3.62% |
| 10 | Littelfuse | 10.44 Bn | 9.81 Bn | 306.06 Mn | 12.10% |
Historic Data
Download 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% |
| Dec 31, 2023 | 1.62% |
| Sep 29, 2023 | 2.96% |
| Jun 30, 2023 | 0.93% |
| Mar 31, 2023 | 3.21% |
| Dec 31, 2022 | 0.88% |
| Sep 30, 2022 | 0.59% |
| Jul 1, 2022 | 0.27% |
| Mar 31, 2022 | 1.50% |
| Dec 31, 2021 | 3.43% |
| Oct 1, 2021 | 5.39% |
| Jul 2, 2021 | 3.25% |
| Mar 31, 2021 | 3.83% |
| Dec 31, 2020 | 3.10% |
| Sep 25, 2020 | 1.89% |
| Jun 26, 2020 | 1.01% |