Filing Flows › Flex (FLEX) › Q3 FY26
Flex (FLEX) Q3 FY26 earnings results (third quarter fiscal 2026)
10-Q filed Feb 6, 2026
Flex (FLEX) reported revenue of $7.1B for the third quarter fiscal 2026 (Q3 FY26), +8% from a year earlier and +4% from the quarter before. Operating margin was 5.5%, net earnings $239M (3.4% of revenue).
Flex, Q3 FY26: revenue $7.1B (+8% year over year), operating margin 5.5%, net earnings $239M, operating cash flow $420M. The chart follows the revenue to costs, profit and cash.
| Q3 FY26 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.1B | +4% | +8% |
| Gross profit | $679M | +11% | +14% |
| Operating profit | $389M | +31% | +16% |
| Net earnings | $239M | +20% | -9% |
| Operating cash flow | $420M | -7% | +2% |
| Free cash flow | $275M | — | -10% |
What changed
Revenue was $7.1B in Q3 FY26, up 8% year over year and up 4% from the previous quarter.
Gross margin was 9.6%, up 0.6 points from a year earlier. Operating profit was $0.39B, a 5.5% margin (up 0.4 points year over year). Of the extra revenue versus a year earlier, 11% reached operating profit, above the 5% margin then. Operating expenses grew 12% against revenue growth of 8%. The fastest-growing cost line was SG&A (+12%). Net earnings were $0.24B, down 9% year over year. The effective tax rate was 25.3%.
Operating cash flow was $0.42B (up 2% year over year), 176% of net earnings. Non-cash charges added back $0.14B of depreciation and amortization and $0.04B of share-based compensation. After net capital expenditures ($0.14B), free cash flow as the company reports it was $0.28B.
Questions
What was Flex's revenue in the third quarter fiscal 2026?
Flex (FLEX) reported revenue of $7.1B for the third quarter fiscal 2026 (Q3 FY26), +8% from a year earlier and +4% from the quarter before.
Was Flex profitable in the third quarter fiscal 2026?
Operating profit was $389M (5.5% of revenue) and net earnings $239M.
Source: Flex 10-Q on SEC EDGAR.