Filing Flows › Flex (FLEX) › Q1 FY27 › vs Q4 FY26
Flex (FLEX) Q1 FY27 vs Q4 FY26 (quarter over quarter)
Flex's revenue rose $451M (+6%) from $7.5B in Q4 FY26 to $7.9B in Q1 FY27. Gross margin 9.4% against 9.4% (+0.0 pts).
Flex, Q1 FY27: revenue $7.9B (+21% year over year), operating margin 4.9%, net earnings $285M, operating cash flow $276M. The chart draws each line against Q4 FY26, the increases inside each band.
Margins
| Q1 FY27 | Q4 FY26 | Change | |
|---|---|---|---|
| Gross margin | 9.4% | 9.4% | +0.0 pts |
| Operating margin | 4.9% | 5.0% | -0.0 pts |
| Net margin | 3.6% | 3.3% | +0.3 pts |
Every line
| Line | Q1 FY27 | Q4 FY26 | Change | % |
|---|---|---|---|---|
| Revenue | $7.9B | $7.5B | $451M | +6% |
| Gross profit | $747M | $702M | $45.0M | +6% |
| Cost of revenue | $7.2B | $6.8B | $406M | +6% |
| Operating profit | $392M | $372M | $20.0M | +5% |
| Operating expenses | $355M | $330M | $25.0M | +8% |
| Pre-tax earnings | $377M | $315M | $62.0M | +20% |
| SG&A | $334M | $289M | $45.0M | +16% |
| Other operating costs | $21.0M | $41.0M | −$20.0M | -49% |
| Net earnings | $285M | $250M | $35.0M | +14% |
| Income tax | $92.0M | $65.0M | $27.0M | +42% |
| Depreciation & amortization | $140M | $131M | $9.0M | +7% |
| Share-based compensation | $51.0M | $34.0M | $17.0M | +50% |
| Working capital & other | $200M | $2.0M | $198M | 100× |
| Operating cash flow | $276M | $413M | −$137M | -33% |
Questions
How much did Flex's revenue grow quarter over quarter in Q1 FY27?
Flex's revenue rose $451M (+6%) from $7.5B in Q4 FY26 to $7.9B in Q1 FY27. Gross margin 9.4% against 9.4% (+0.0 pts).