Flex FLEX
NASDAQ FLEX
$113.18 -1.13 (-0.99%)
As of: Sep 9, 2026 · 11:52 AM EDT

Flex (FLEX) Operating Expenses (2009 - 2026)

Flex's (FLEX) quarterly Operating Expenses came in at $332.0 million in Q2 2026, up 38.33% year-over-year from $240.0 million in Q2 2025, and up 3.11% quarter-over-quarter from $322.0 million in Q1 2026.

Analysis

Flex (FLEX) Operating Expenses (2009 - 2026) Analysis & Trends

Flex (FLEX) has reported Operating Expenses for 18 consecutive years, with $332.0 million the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Operating Expenses rose 38.33% year-over-year to $332.0 million in Q2 2026; TTM through Jun 2026 was $1.2 billion, a 22.22% increase from a year earlier, with the FY2026 full-year figure at $1.1 billion, up 15.05% from the prior year.
  • Operating Expenses was $332.0 million for Q2 2026 at Flex, up from $322.0 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $417.0 million in Q1 2024 and troughed at $172.0 million in Q1 2023.
  • A 5-year average of $258.7 million and a median of $242.0 million in 2022 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses surged 142.44% in 2024 and slipped 26.38% in 2025, its largest moves.
  • Over 5 years, Operating Expenses stood at $243.0 million in 2022, then fell by 10.29% to $218.0 million in 2023, then climbed by 11.47% to $243.0 million in 2024, then advanced by 13.58% to $276.0 million in 2025, then increased by 20.29% to $332.0 million in 2026.
  • The last three Operating Expenses figures came in at $332.0 million (Q2 2026), $322.0 million (Q1 2026), and $276.0 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Flex 41.43 Bn 38.59 Bn 747.00 Mn 332.00 Mn
2 Celestica 39.67 Bn 39.14 Bn 577.50 Mn 104.40 Mn
3 Jabil 33.09 Bn 31.73 Bn 828.00 Mn 356.00 Mn
4 Fabrinet 15.24 Bn 14.37 Bn 158.05 Mn 23.80 Mn
5 Ttm Technologies 13.30 Bn 12.79 Bn 211.86 Mn 102.80 Mn
6 Sanmina 11.07 Bn 9.22 Bn 363.31 Mn 142.08 Mn
7 Plexus 6.62 Bn 6.30 Bn 131.38 Mn 70.12 Mn
8 Benchmark Electronics 2.67 Bn 2.35 Bn 78.40 Mn 46.94 Mn
9 Kimball Electronics 607.50 Mn 518.58 Mn 32.95 Mn 18.88 Mn
10 Eltek 52.55 Mn 41.04 Mn - 613,000.00
Historic Data

Historic Data

Download Data
DateValue
Jun 26, 2026 332.00 Mn
Mar 31, 2026 322.00 Mn
Dec 31, 2025 276.00 Mn
Sep 26, 2025 302.00 Mn
Jun 27, 2025 240.00 Mn
Mar 31, 2025 307.00 Mn
Dec 31, 2024 243.00 Mn
Sep 27, 2024 218.00 Mn
Jun 28, 2024 222.00 Mn
Mar 31, 2024 417.00 Mn
Dec 31, 2023 218.00 Mn
Sep 29, 2023 221.00 Mn
Jun 30, 2023 241.00 Mn
Mar 31, 2023 172.00 Mn
Dec 31, 2022 243.00 Mn
Sep 30, 2022 245.00 Mn
Jul 1, 2022 241.00 Mn
Mar 31, 2022 197.00 Mn
Dec 31, 2021 227.00 Mn
Oct 1, 2021 213.00 Mn