Flex (FLEX) Tax Rate (2009 - 2026)
Flex's (FLEX) quarterly Tax Rate came in at 24.4% in Q2 2026, up 245.0% year-over-year from 7.07% in Q2 2025, and up 18.26% quarter-over-quarter from 20.63% in Q1 2026.
Analysis
Flex (FLEX) Tax Rate (2009 - 2026) Analysis & Trends
Flex (FLEX) has reported Tax Rate for 18 consecutive years, with 24.4% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 245.0% year-over-year to 24.4% in Q2 2026; TTM through Jun 2026 was 23.63%, a 636.0% increase from a year earlier, with the FY2026 full-year figure at 23.01%, up 493.0% from the prior year.
- Tax Rate was 24.4% for Q2 2026 at Flex, up from 20.63% in the prior quarter.
- Over five years, Tax Rate peaked at 68.29% in Q1 2023 and troughed at 237.61% in Q1 2024.
- A 5-year average of 6.17% and a median of 17.44% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate plunged 30590 bps in 2024 and surged 25804 bps in 2025, its largest moves.
- Over 5 years, Tax Rate stood at 9.54% in 2022, then surged by 59 bps to 15.13% in 2023, then plunged by 43 bps to 8.68% in 2024, then soared by 192 bps to 25.31% in 2025, then slipped by 4 bps to 24.4% in 2026.
- The last three Tax Rate figures came in at 24.4% (Q2 2026), 20.63% (Q1 2026), and 25.31% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Flex | 41.43 Bn | 38.59 Bn | 747.00 Mn | 24.40% |
| 2 | Celestica | 39.67 Bn | 39.14 Bn | 577.50 Mn | 21.47% |
| 3 | Jabil | 33.09 Bn | 31.73 Bn | 828.00 Mn | 24.86% |
| 4 | Fabrinet | 15.24 Bn | 14.37 Bn | 158.05 Mn | 30.27% |
| 5 | Ttm Technologies | 13.30 Bn | 12.79 Bn | 211.86 Mn | -2.22% |
| 6 | Sanmina | 11.07 Bn | 9.22 Bn | 363.31 Mn | 34.65% |
| 7 | Plexus | 6.62 Bn | 6.30 Bn | 131.38 Mn | 23.92% |
| 8 | Benchmark Electronics | 2.67 Bn | 2.35 Bn | 78.40 Mn | 30.76% |
| 9 | Kimball Electronics | 607.50 Mn | 518.58 Mn | 32.95 Mn | 67.80% |
| 10 | Eltek | 52.55 Mn | 41.04 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 26, 2026 | 24.40% |
| Mar 31, 2026 | 20.63% |
| Dec 31, 2025 | 25.31% |
| Sep 26, 2025 | 24.05% |
| Jun 27, 2025 | 21.95% |
| Mar 31, 2025 | 20.43% |
| Dec 31, 2024 | 8.68% |
| Sep 27, 2024 | 18.94% |
| Jun 28, 2024 | 27.60% |
| Mar 31, 2024 | -237.61% |
| Dec 31, 2023 | 15.13% |
| Sep 29, 2023 | 13.73% |
| Jun 30, 2023 | 10.37% |
| Mar 31, 2023 | 68.29% |
| Dec 31, 2022 | 9.54% |
| Sep 30, 2022 | 12.50% |
| Jul 1, 2022 | 15.95% |
| Mar 31, 2022 | 11.21% |
| Dec 31, 2021 | 6.58% |
| Oct 1, 2021 | 9.43% |