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Flex Ltd. FLEX Gross margin

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3.9%-6.1pp
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10.3%+0.1pp
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9%+0.4pp
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9.2%+0.4pp
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28.4%-0.6pp
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Advanced Energy IndustriesAEIS
38.2%+1.8pp

Other financials

Income statement

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Revenue$7.9B+20.6%
Gross profit$747.0M+27.0%
Operating income$392.0M+26.0%
Net income$285.0M+48.4%
EPS (diluted)$0.76+52.0%

Balance sheet

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Cash & equivalents$2.8B+26.8%
Total debt$5.9B+39.1%
Total equity$5.5B+8.1%
Total assets$25.2B+31.7%

Cash flow

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Operating cash flow$276.0M-30.8%
CapEx$236.0M+77.4%
Free cash flow$40.0M-85.0%

Valuation

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Market cap$41.68B+118%
Enterprise value$44.77B+112%
P/E42.8×+21.4×
P/S1.4×+0.7×

Profitability

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Operating margin5%+0.2pp
Net margin3.3%-0.1pp
FCF margin2.8%-1.4pp

Returns & leverage

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Return on equity18.4%+0.7pp
Debt / equity1.1×+0.2×
Current ratio1.4×0.0×

Where this comes from

Calculated from Flex Ltd.’s reported figures.

Based on trailing twelve months.

The source filing: Flex Ltd.’s 8-K, filed July 29, 2026. Open the filing →

Filed
Jul 29, 2026, 7:15 AM EDT
Accession
0000866374-26-000026

FAQ

What is Flex Ltd.'s gross margin?
Flex Ltd. (FLEX) reported gross margin of 9.5% in Q2 2026.
How has Flex Ltd.'s gross margin changed year-over-year?
Flex Ltd.'s gross margin increased by 7.8% year-over-year, from 8.8% to 9.5%.
What is the long-term trend for Flex Ltd.'s gross margin?
Over 5 years (2021 to 2026), Flex Ltd.'s gross margin has grown at a 5.8% compound annual growth rate (CAGR), from 7.1% to 9.4%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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