Flex profit margin FLEX
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 3.3%
- Operating margin, 12 months
- 5.0%
- Net margin on a year earlier
- −0.1 pts
- Peer median
- 11.8%
Over the twelve months to Jun 26, 2026, Flex kept 3.3% of its revenue as net profit, with an operating margin of 5.0% and a gross margin of 9.4%.
Five years earlier its net margin was 3.0%.
The median for 10 electronic components stocks of a similar size is 11.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | 3.2% | 4.9% | 9.2% |
| FY2025 | 3.2% | 4.5% | 8.4% |
| FY2024 | 3.8% | 3.2% | 7.1% |
| FY2023 | 2.8% | 3.6% | 6.9% |
| FY2022 | 3.6% | 3.7% | 7.4% |
| FY2021 | 2.5% | 3.3% | 7.0% |
| FY2020 | 0.4% | 1.7% | 5.5% |
| FY2019 | 0.4% | 1.5% | 5.8% |
| FY2018 | 1.7% | 1.9% | 6.3% |
| FY2017 | 1.3% | 2.1% | 6.4% |
| FY2016 | 1.8% | 2.2% | 6.6% |
| FY2015 | 2.3% | 2.8% | 5.9% |
| FY2014 | 1.4% | 1.7% | 5.5% |
| FY2013 | 1.2% | 1.6% | 4.9% |
| FY2012 | 1.7% | 2.1% | 5.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q1 FY27 | 3.3% | −0.1 pts | 5.0% | |
| Q4 FY26 | 3.2% | −0.1 pts | 4.9% | |
| Q3 FY26 | 3.2% | −0.8 pts | 4.8% | |
| Q2 FY26 | 3.3% | −0.4 pts | 4.7% | |
| Q1 FY26 | 3.4% | −0.3 pts | 4.8% | |
| Q4 FY25 | 3.2% | −0.6 pts | 4.5% | |
| Q3 FY25 | 4.0% | +1.2 pts | 4.0% | |
| Q2 FY25 | 3.7% | +0.9 pts | 3.5% | |
| Q1 FY25 | 3.7% | +0.9 pts | 3.4% | |
| Q4 FY24 | 3.8% | +1.0 pts | 3.2% | |
| Q3 FY24 | 2.8% | −0.1 pts | 3.4% | |
| Q2 FY24 | 2.8% | −0.1 pts | 3.5% |
Against its peers
Companies in Hardware, Equipment & Parts nearest Flex's size, closest first, today.
| Company | Profit margin |
|---|---|
| FLEXFlex | 3.3% |
| JBLJabil | 2.6% |
| TDYTeledyne Technologies | 15.3% |
| CLSCelestica | 7.2% |
| COHRCoherent | 11.3% |
| FTVFortive | 12.4% |
| KEYSKeysight Technologies | 19.1% |
| GRMNGarmin | 24.5% |
| MKSIMKS | 10.1% |
| CGNXCognex | 16.1% |
| AEISAdvanced Energy Industries | 10.8% |
| Peer median | 11.8% |
Where Flex ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Flex
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.