Flex (FLEX) Tax Rate (2009 - 2026)
Flex's Tax Rate came in at 24.40% for fiscal Q1 2027 (quarter ended Jun 26, 2026), up 2.45 percentage points from 21.95% a year earlier and up 3.77 percentage points from the prior quarter.
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Analysis
Flex (FLEX) Tax Rate (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 26, 2026, Flex reported Tax Rate of 23.63%, up 6.36 percentage points year-over-year; for FY2026 (ended Mar 31, 2026), it was 23.01%, up 4.93 percentage points from FY2025.
- Tax Rate carries a five-year change of +8.86 percentage points (FY2021 to FY2026).
- Going back by fiscal year, Tax Rate was 18.08% in FY2025 (+49.01 pp), -30.93% in FY2024 (-46.30 pp), 15.37% in FY2023 (+5.82 pp) and 9.54% in FY2022 (-4.60 pp).
- The five-year range for quarterly Tax Rate is -237.61% (fiscal Q4 2024) to 68.29% (fiscal Q4 2023).
- Year-over-year, Tax Rate has increased for four consecutive quarters, with an average year-over-year change of +34.44 percentage points over the last eight quarters.
- The fastest year-over-year change in Tax Rate over five years came in fiscal Q4 2025 (a gain of 258.04 percentage points), and the weakest in fiscal Q4 2024 (a drop of 305.90 percentage points).
- Business Quant data shows FLEX's Tax Rate at 20.63% (Q4 2026), 25.31% (Q3 2026) and 24.05% (Q2 2026) in the three fiscal quarters before Q1 2027.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,943.67 Bn | 4,691.16 Bn | 54.77 Bn | 17.86% |
| 2 | Cisco Systems | 421.20 Bn | 357.13 Bn | 11.06 Bn | 21.77% |
| 3 | Dell Technologies | 347.85 Bn | 303.60 Bn | 9.83 Bn | 19.45% |
| 4 | Arista Networks | 258.42 Bn | 211.87 Bn | 1.91 Bn | 19.37% |
| 5 | Sandisk | 250.08 Bn | 238.60 Bn | 7.58 Bn | 12.05% |
| 6 | Seagate Technology Holdings | 208.99 Bn | 203.98 Bn | 1.90 Bn | 14.02% |
| 7 | Western Digital | 163.62 Bn | 151.74 Bn | 2.03 Bn | 1.60% |
| 8 | Sony | 143.48 Bn | 93.86 Bn | 6.53 Bn | 26.70% |
| 9 | Hewlett Packard Enterprise | 83.23 Bn | 61.11 Bn | 4.93 Bn | 12.60% |
| 10 | Flex | 41.76 Bn | 31.22 Bn | 747.00 Mn | 24.40% |
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% |
| 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% |
| Jul 2, 2021 | 11.59% |
API Access
Flex Tax Rate 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=tax-rate&ticker=FLEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=FLEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();