Flex annual gross margin
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2026
Flex Gross Margin Growth & History (FLEX)
Flex's gross margin was 9.20% for fiscal 2026.
View full Flex company overviewFlex annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-03-31 | 9.20% | +0.83 pp |
| 2025 | 2025-03-31 | 8.36% | +1.30 pp |
| 2024 | 2024-03-31 | 7.06% | +0.13 pp |
| 2023 | 2023-03-31 | 6.93% | −0.29 pp |
| 2022 | 2022-03-31 | 7.23% | +0.23 pp |
| 2021 | 2021-03-31 | 6.99% | +1.46 pp |
| 2020 | 2020-03-31 | 5.53% | −0.26 pp |
| 2019 | 2019-03-31 | 5.79% | −0.48 pp |
| 2018 | 2018-03-31 | 6.27% | −0.10 pp |
| 2017 | 2017-03-31 | 6.37% | −0.21 pp |
| 2016 | 2016-03-31 | 6.59% | +0.68 pp |
| 2015 | 2015-03-31 | 5.91% | +0.39 pp |
| 2014 | 2014-03-31 | 5.52% | +0.57 pp |
| 2013 | 2013-03-31 | 4.95% | −0.22 pp |
| 2012 | 2012-03-31 | 5.17% | −0.35 pp |
| 2011 | 2011-03-31 | 5.52% | +0.50 pp |
| 2010 | 2010-03-31 | 5.02% | +0.89 pp |
| 2009 | 2009-03-31 | 4.14% | −0.13 pp |
| 2008 | 2008-03-31 | 4.27% | — |
Flex quarterly gross margin
Q1.09
Q2.09
Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q1 2027 | 2026-06-26 | 9.42% | +0.72 pp |
| Q4 2026 | 2026-03-31 | 9.39% | +0.59 pp |
| Q3 2026 | 2025-12-31 | 9.62% | +0.56 pp |
| Q2 2026 | 2025-09-26 | 9.02% | +0.91 pp |
| Q1 2026 | 2025-06-27 | 8.70% | +1.24 pp |
| Q4 2025 | 2025-03-31 | 8.80% | +1.72 pp |
| Q3 2025 | 2024-12-31 | 9.06% | +2.32 pp |
| Q2 2025 | 2024-09-27 | 8.11% | +0.63 pp |
| Q1 2025 | 2024-06-28 | 7.46% | +0.55 pp |
| Q4 2024 | 2024-03-31 | 7.08% | +2.34 pp |
| Q3 2024 | 2023-12-31 | 6.74% | −0.77 pp |
| Q2 2024 | 2023-09-29 | 7.49% | −0.12 pp |
| Q1 2024 | 2023-06-30 | 6.91% | −0.38 pp |
| Q4 2023 | 2023-03-31 | 4.74% | −1.75 pp |
| Q3 2023 | 2022-12-31 | 7.52% | +0.10 pp |
| Q2 2023 | 2022-09-30 | 7.61% | +0.15 pp |
| Q1 2023 | 2022-07-01 | 7.28% | −0.14 pp |
| Q4 2022 | 2022-03-31 | 6.49% | −1.64 pp |
| Q3 2022 | 2021-12-31 | 7.42% | +0.29 pp |
| Q2 2022 | 2021-10-01 | 7.47% | +0.87 pp |
| Q1 2022 | 2021-07-02 | 7.43% | +1.53 pp |
| Q4 2021 | 2021-03-31 | 8.12% | +1.43 pp |
| Q3 2021 | 2020-12-31 | 7.13% | +0.47 pp |
| Q2 2021 | 2020-09-25 | 6.60% | +3.50 pp |
| Q1 2021 | 2020-06-26 | 5.90% | +0.19 pp |
| Q4 2020 | 2020-03-31 | 6.70% | +0.58 pp |
| Q3 2020 | 2019-12-31 | 6.66% | +1.49 pp |
| Q2 2020 | 2019-09-27 | 3.10% | −2.93 pp |
| Q1 2020 | 2019-06-28 | 5.71% | −0.19 pp |
| Q4 2019 | 2019-03-31 | 6.11% | +0.66 pp |
| Q3 2019 | 2018-12-31 | 5.16% | −1.45 pp |
| Q2 2019 | 2018-09-28 | 6.04% | −0.23 pp |
| Q1 2019 | 2018-06-29 | 5.90% | −0.87 pp |
| Q4 2018 | 2018-03-31 | 5.45% | −1.12 pp |
| Q3 2018 | 2017-12-31 | 6.61% | −0.20 pp |
| Q2 2018 | 2017-09-29 | 6.27% | +1.05 pp |
| Q1 2018 | 2017-06-30 | 6.77% | −0.14 pp |
| Q4 2017 | 2017-03-31 | 6.56% | −0.48 pp |
| Q3 2017 | 2016-12-31 | 6.81% | +0.12 pp |
| Q2 2017 | 2016-09-30 | 5.22% | −1.06 pp |
| Q1 2017 | 2016-07-01 | 6.91% | +0.58 pp |
| Q4 2016 | 2016-03-31 | 7.04% | +0.67 pp |
| Q3 2016 | 2015-12-31 | 6.69% | +0.87 pp |
| Q2 2016 | 2015-09-25 | 6.28% | +0.51 pp |
| Q1 2016 | 2015-06-26 | 6.33% | +0.60 pp |
| Q4 2015 | 2015-03-31 | 6.36% | +0.98 pp |
| Q3 2015 | 2014-12-31 | 5.82% | +0.27 pp |
| Q2 2015 | 2014-09-26 | 5.78% | +0.03 pp |
| Q1 2015 | 2014-06-27 | 5.73% | +0.36 pp |
| Q4 2014 | 2014-03-31 | 5.39% | +1.69 pp |
| Q3 2014 | 2013-12-31 | 5.55% | +1.52 pp |
| Q2 2014 | 2013-09-27 | 5.75% | −0.19 pp |
| Q1 2014 | 2013-06-28 | 5.37% | −0.61 pp |
| Q4 2013 | 2013-03-31 | 3.69% | −1.95 pp |
| Q3 2013 | 2012-12-31 | 4.02% | −1.14 pp |
| Q2 2013 | 2012-09-28 | 5.94% | +1.29 pp |
| Q1 2013 | 2012-06-29 | 5.98% | +0.64 pp |
| Q4 2012 | 2012-03-31 | 5.64% | +0.08 pp |
| Q3 2012 | 2011-12-31 | 5.16% | −0.37 pp |
| Q2 2012 | 2011-09-30 | 4.65% | −0.71 pp |
| Q1 2012 | 2011-07-01 | 5.34% | −0.31 pp |
| Q4 2011 | 2011-03-31 | 5.56% | +0.26 pp |
| Q3 2011 | 2010-12-31 | 5.54% | −0.15 pp |
| Q2 2011 | 2010-10-01 | 5.36% | +0.22 pp |
| Q1 2011 | 2010-07-02 | 5.65% | +1.77 pp |
| Q4 2010 | 2010-03-31 | 5.30% | +3.35 pp |
| Q3 2010 | 2009-12-31 | 5.69% | +2.04 pp |
| Q2 2010 | 2009-10-02 | 5.14% | +0.43 pp |
| Q1 2010 | 2009-07-03 | 3.87% | −1.60 pp |
| Q4 2009 | 2009-03-31 | 1.95% | — |
| Q3 2009 | 2008-12-31 | 3.65% | — |
| Q2 2009 | 2008-09-26 | 4.71% | — |
| Q1 2009 | 2008-06-27 | 5.47% | — |
Flex gross margin trends
Over the last five reported fiscal years, Flex's gross margin increased from 6.99% to 9.20%, a change of +2.20 percentage points. The latest reported quarter, Q1 2027, shows 9.42%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Flex filings at SEC.gov ↗