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Flex (FLEX) gross margin by quarter

Flex's gross margin was 9.6% in Q2 FY27 (second quarter fiscal 2027), +0.1 pts from Q1 FY27. Over the last 7 quarters it ranged from 8.7% (Q1 FY26) to 9.6% (Q3 FY26).

Flex gross margin by quarterFlex gross margin by quarter8.8%Q4 FY258.7%Q1 FY269.0%Q2 FY269.6%Q3 FY269.4%Q4 FY269.4%Q1 FY279.6%Q2 FY27
QuarterGross marginQ/QY/Y
Q2 FY279.6%+0.1 pts+0.5 pts
Q1 FY279.4%+0.0 pts+0.7 pts
Q4 FY269.4%-0.2 pts+0.6 pts
Q3 FY269.6%+0.6 pts—
Q2 FY269.0%+0.3 pts—
Q1 FY268.7%-0.1 pts—
Q4 FY258.8%——

Q2 FY27 at a glance

Flex, Q2 FY27: revenue $8.5B (+25% year over year), operating margin 4.9%, net earnings $263M, operating cash flow $501M. The chart follows the revenue to costs, profit and cash.

Questions

What is Flex's gross margin?

Flex's gross margin was 9.6% in Q2 FY27 (second quarter fiscal 2027), +0.1 pts from Q1 FY27.

How has Flex's gross margin changed?

Over the last 7 quarters it ranged from 8.7% (Q1 FY26) to 9.6% (Q3 FY26).

Q2 FY27 results → · How Flex makes money →