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Flex (FLEX) operating margin by quarter

Flex's operating margin was 4.9% in Q2 FY27 (second quarter fiscal 2027), -0.1 pts from Q1 FY27. Over the last 7 quarters it ranged from 4.4% (Q2 FY26) to 5.5% (Q3 FY26).

Flex operating margin by quarterFlex operating margin by quarter4.8%Q4 FY254.7%Q1 FY264.4%Q2 FY265.5%Q3 FY265.0%Q4 FY264.9%Q1 FY274.9%Q2 FY27
QuarterOperating marginQ/QY/Y
Q2 FY274.9%-0.1 pts+0.5 pts
Q1 FY274.9%-0.0 pts+0.2 pts
Q4 FY265.0%-0.5 pts+0.2 pts
Q3 FY265.5%+1.2 pts—
Q2 FY264.4%-0.4 pts—
Q1 FY264.7%-0.0 pts—
Q4 FY254.8%——

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 operating margin?

Flex's operating margin was 4.9% in Q2 FY27 (second quarter fiscal 2027), -0.1 pts from Q1 FY27.

How has Flex's operating margin changed?

Over the last 7 quarters it ranged from 4.4% (Q2 FY26) to 5.5% (Q3 FY26).

Q2 FY27 results → · How Flex makes money →