Invesaro

Stocks Comparison

Benchmark Electronics vs Flex: revenue, profit, margins and growth compared

Benchmark Electronics brought in $2.7B of revenue in fiscal 2025, Flex $27.9B in fiscal 2026. Revenue changed by -0.4% at Benchmark Electronics and +8.1% at Flex on the year before, so Flex grew faster. Benchmark Electronics kept 0.9% of its revenue as net profit, Flex 3.2%. Free cash flow was $88.4M at Benchmark Electronics and $1.1B at Flex.

Side by side, latest fiscal year

BHEFLEX
Fiscal year endedFY2025 (December 31, 2025)FY2026 (March 31, 2026)
Revenue$2.7B$27.9B
Revenue growth-0.4%+8.1%
Net income$24.9M$880M
Net margin0.9%3.2%
Free cash flow$88.4M$1.1B
Free cash flow margin3.2%3.8%
Earnings per share (diluted)$0.68$2.33
Cash$322.1M$2.4B
Debt$210.6M$3.8B
Price to earnings121.349.2
Market value$3B$42.4B
Dividend yieldn/an/a
Rank by revenue in sector#129 of 530 · Technology#27 of 530 · Technology

Over the years

Revenue
BHE FY2018: $2.6BBHE FY2019: $2.3BBHE FY2020: $2.1BBHE FY2021: $2.3BBHE FY2022: $3BBHE FY2023: $3BBHE FY2024: $2.8BBHE FY2025: $2.7BFLEX FY2019: $26.2BFLEX FY2020: $24.2BFLEX FY2021: $24.1BFLEX FY2022: $24.6BFLEX FY2023: $28.5BFLEX FY2024: $26.4BFLEX FY2025: $25.8BFLEX FY2026: $27.9BFY18FY19FY20FY21FY22FY23FY24FY25FY26
BHE $2.7BFLEX $27.9B
Net income
BHE FY2018: $22.8MBHE FY2019: $23.4MBHE FY2020: $14.1MBHE FY2021: $35.8MBHE FY2022: $68.2MBHE FY2023: $68.9MBHE FY2024: $61.1MBHE FY2025: $24.9MFLEX FY2019: $93MFLEX FY2020: $88MFLEX FY2021: $613MFLEX FY2022: $936MFLEX FY2023: $793MFLEX FY2024: $1BFLEX FY2025: $838MFLEX FY2026: $880MFY18FY19FY20FY21FY22FY23FY24FY25FY26
BHE $24.9MFLEX $880M
Net margin
BHE FY2018: 0.9%BHE FY2019: 1.0%BHE FY2020: 0.7%BHE FY2021: 1.5%BHE FY2022: 2.3%BHE FY2023: 2.3%BHE FY2024: 2.2%BHE FY2025: 0.9%FLEX FY2019: 0.4%FLEX FY2020: 0.4%FLEX FY2021: 2.5%FLEX FY2022: 3.8%FLEX FY2023: 2.8%FLEX FY2024: 3.8%FLEX FY2025: 3.2%FLEX FY2026: 3.2%FY18FY19FY20FY21FY22FY23FY24FY25FY26
BHE 0.9%FLEX 3.2%
Revenue growth
BHE FY2019: -10.9%BHE FY2020: -9.2%BHE FY2021: +10.1%BHE FY2022: +28.4%BHE FY2023: -1.5%BHE FY2024: -7.0%BHE FY2025: -0.4%FLEX FY2020: -7.6%FLEX FY2021: -0.4%FLEX FY2022: +2.1%FLEX FY2023: +15.7%FLEX FY2024: -7.3%FLEX FY2025: -2.3%FLEX FY2026: +8.1%FY19FY20FY21FY22FY23FY24FY25FY26
BHE -0.4%FLEX +8.1%
Free cash flow
BHE FY2018: $13.9MBHE FY2019: $60.6MBHE FY2020: $85.9MBHE FY2021: -$41.4MBHE FY2022: -$220.8MBHE FY2023: $100.8MBHE FY2024: $157.9MBHE FY2025: $88.4MFLEX FY2019: -$3.7BFLEX FY2020: -$2BFLEX FY2021: -$207MFLEX FY2022: $581MFLEX FY2023: $315MFLEX FY2024: $796MFLEX FY2025: $1.1BFLEX FY2026: $1.1BFY18FY19FY20FY21FY22FY23FY24FY25FY26
BHE $88.4MFLEX $1.1B

Fiscal years as each company reports them; the two may end in different months.

Questions about Benchmark Electronics and Flex

Which is bigger by revenue, Benchmark Electronics or Flex?

Flex is bigger by revenue: $27.9B in fiscal 2026, against $2.7B for Benchmark Electronics in fiscal 2025.

Which keeps more of its revenue as profit, Benchmark Electronics or Flex?

Benchmark Electronics had a net margin of 0.9% in fiscal 2025; Flex had 3.2% in fiscal 2026.

Which grew revenue faster, Benchmark Electronics or Flex?

In their latest fiscal years revenue changed by -0.4% at Benchmark Electronics and +8.1% at Flex.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

More comparisons

Compare more companies