FLEX LTD. (FLEX) closed fiscal year 2026 with a gross margin of 9.2 % and a net margin of 3.2 %.
FLEX LTD. (FLEX) closed fiscal year 2026 with a gross margin of 9.2 % and a net margin of 3.2 %. The same year shows an EBITDA margin of 7.2 % and an EBIT margin of 4.9 %. The free cash flow margin was 3.8 %. Against the previous year the gross margin moved +0.8 pp and the net margin −0.1 pp. Across the period the gross margin ranges between 4.1 % in 2009 and 9.2 % in 2026. The series covers 19 fiscal years, from 2008 to 2026. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: March
| 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 4.27 % | 4.14 % | 5.02 % | 5.52 % | 5.17 % | 4.95 % | 5.52 % | 5.91 % | 6.59 % | 6.37 % | 6.27 % | 5.79 % | 5.53 % | 6.99 % | 7.23 % | 6.93 % | 7.06 % | 8.36 % | 9.20 % |
| EBITDA margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | 4.57 % | 5.91 % | 5.82 % | 5.61 % | 5.53 % | 6.89 % | 7.16 % |
| EBIT margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | 1.71 % | 3.30 % | 3.61 % | 3.57 % | 3.23 % | 4.53 % | 4.90 % |
| Net margin (%) | -2.47 % | -19.82 % | 0.08 % | 2.08 % | 1.67 % | 1.18 % | 1.40 % | 2.30 % | 1.82 % | 1.34 % | 1.68 % | 0.35 % | 0.36 % | 2.54 % | 3.80 % | 2.78 % | 3.81 % | 3.25 % | 3.15 % |
| FCF margin (%) | — | — | 2.34 % | 1.35 % | 1.25 % | 2.66 % | 2.32 % | 1.71 % | 2.56 % | -18.22 % | -17.41 % | -14.10 % | -8.24 % | -0.86 % | 2.36 % | 1.11 % | 3.01 % | 4.13 % | 3.77 % |
