Flex (FLEX) Tax Rate (2009 - 2026)
Flex (FLEX) posted quarterly Tax Rate of 24.4% for Q2 2026, up 245.0% year-over-year from 7.07% in Q2 2025, and up 18.26% on a QoQ basis from 20.63% in Q1 2026.
Flex (FLEX) Tax Rate (2009 - 2026) Analysis & Trends
Flex has reported Tax Rate for 18 years, with the latest figure at 24.4% in Q2 2026.
- Tax Rate for Q2 2026 came in at 24.4%, up 245.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 23.63% (up 636.0% YoY), and the FY2026 annual result was 23.01%, up 493.0% from the prior year.
- Tax Rate climbed to 24.4% in Q2 2026, 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.
- The widest annual swing landed in 2024, when Tax Rate tumbled 30590 bps; it then jumped 25804 bps in 2025.
- A 5-year view of Tax Rate shows it stood at 9.54% in 2022, then jumped by 59 bps to 15.13% in 2023, then slumped by 43 bps to 8.68% in 2024, then surged by 192 bps to 25.31% in 2025, then declined by 4 bps to 24.4% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 24.4% in Q2 2026, 20.63% in Q1 2026, and 25.31% in Q4 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Amphenol | 381.81 Bn | 375.70 Bn | 3.55 Bn | 25.30% |
| 2 | Corning | 132.34 Bn | 129.84 Bn | 1.63 Bn | 6.16% |
| 3 | TE Connectivity | 58.35 Bn | 57.11 Bn | 1.84 Bn | 22.97% |
| 4 | Flex | 41.15 Bn | 38.31 Bn | 747.00 Mn | 24.40% |
| 5 | Celestica | 34.50 Bn | 33.96 Bn | 577.50 Mn | 21.47% |
| 6 | Jabil | 34.02 Bn | 32.66 Bn | 828.00 Mn | 24.86% |
| 7 | Fabrinet | 16.19 Bn | 15.32 Bn | 158.05 Mn | 30.27% |
| 8 | Ttm Technologies | 12.21 Bn | 11.70 Bn | 211.86 Mn | -2.22% |
| 9 | Sanmina | 10.64 Bn | 8.80 Bn | 363.31 Mn | 34.65% |
| 10 | Littelfuse | 10.40 Bn | 9.78 Bn | 306.06 Mn | 23.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 26, 2026 | 24.40% |
| Jun 26, 2026 | 24.40% |
| Jun 26, 2026 | 24.40% |
| Mar 31, 2026 | 20.63% |
| Mar 31, 2026 | 20.63% |
| Mar 31, 2026 | 20.63% |
| Dec 31, 2025 | 25.31% |
| Dec 31, 2025 | 25.31% |
| Dec 31, 2025 | 25.31% |
| Sep 26, 2025 | 24.05% |
| Sep 26, 2025 | 24.05% |
| Sep 26, 2025 | 24.05% |
| Jun 27, 2025 | 21.95% |
| Jun 27, 2025 | 21.95% |
| Jun 27, 2025 | 21.95% |
| Mar 31, 2025 | 20.43% |
| Mar 31, 2025 | 20.43% |
| Mar 31, 2025 | 20.43% |
| Dec 31, 2024 | 8.68% |
| Dec 31, 2024 | 8.68% |