Flex

FLEX · Information Technology · Market cap $40.0B

Q3 FY26 Sep 27 – Dec 31, 2025 reported Feb 6, 2026

Revenue$7.1B +8% year over year

Gross profit$0.7B

Operating profit$0.4B

Net profit$0.2B 3% margin

Numbers and detail

All figures in billions of U.S. dollars, for Q3 FY26 (period ends Dec 31, 2025).
Item	Value	Share of revenue	Year over year
Revenue	7.1	100%	+8%
Transferred At Point in Time	4.7	66%	−2%
Transferred Over Time	2.3	32%	+33%
Cost of revenue	−6.4	90%
Gross profit	0.7	10% margin	+1pp
SG&A	−0.3	4%	+0pp
Other	−0	0%	+0pp
Operating profit	0.4	6% margin	+0pp
Tax	−0.1
Interest & other costs	−0.1
Net profit	0.2	3%	−1pp

All figures in billions of U.S. dollars, for Q2 FY26 (period ends Sep 26, 2025).
Item	Value	Share of revenue	Year over year
Revenue	6.8	100%	+4%
Transferred At Point in Time	4.8	71%	−6%
Transferred Over Time	2	29%	+42%
Cost of revenue	−6.2	91%
Gross profit	0.6	9% margin	+1pp
SG&A	−0.2	4%	+1pp
Other	−0.1	1%	+0pp
Operating profit	0.3	4% margin	+0pp
Tax	−0.1
Net profit	0.2	3%	+0pp

All figures in billions of U.S. dollars, for Q3 FY25 (period ends Dec 31, 2024).
Item	Value	Share of revenue	Year over year
Revenue	6.6	100%	+2%
Transferred At Point in Time	4.8	73%	−19%
Transferred Over Time	1.7	26%	+266%
Cost of revenue	−6	91%
Gross profit	0.6	9% margin	+2pp
SG&A	−0.2	4%	+0pp
Other	−0	0%	+0pp
Operating profit	0.3	5% margin	+2pp
Net profit	0.3	4%	+1pp

All figures in billions of U.S. dollars, for Q2 FY25 (period ends Sep 27, 2024).
Item	Value	Share of revenue	Year over year
Revenue	6.5	100%	−6%
Transferred At Point in Time	5.2	80%	−20%
Transferred Over Time	1.4	22%	+172%
Cost of revenue	−6	92%
Gross profit	0.5	8% margin	+1pp
SG&A	−0.2	3%	+0pp
Other	−0	0%	+0pp
Operating profit	0.3	5% margin	+0pp
Net profit	0.2	3%	+0pp

Quarter by quarter

Pick a quarter and the diagram above changes. Bars compare revenue across the quarters we hold.

Quarter	Period	Reported	Revenue	Year over year	Operating margin	Net profit	Net margin
Q3 FY26	Sep 27 – Dec 31, 2025	Feb 6, 2026	$7.1B	+8%	6%	$0.2B	3%
Q2 FY26	Jun 28 – Sep 26, 2025	Oct 31, 2025	$6.8B	+4%	4%	$0.2B	3%
Q3 FY25	Sep 28 – Dec 31, 2024	Jan 31, 2025	$6.6B	+2%	5%	$0.3B	4%
Q2 FY25	Jun 29 – Sep 27, 2024	Oct 31, 2024	$6.5B	−6%	5%	$0.2B	3%