FLEX LTD. financials
Source: EDGAR filings · Built 2026-06-19T02:22:58Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 1.05B | 1.07B | 796.00M | 315.00M | 581.00M | -207.00M |
| EBITDA | 1.89B | 1.68B | 1.35B | 1.51B | 1.36B | 1.28B |
| Working Capital | 4.32B | 2.99B | 4.45B | 5.17B | 3.63B | 3.53B |
| Net Debt | 2.08B | 1.99B | 1.41B | 1.16B | 1.92B | 1.86B |
| Gross Margin | 9.20% | 8.36% | 7.06% | 6.93% | 7.23% | 6.99% |
| Operating Margin | 4.90% | 4.53% | 3.23% | 3.57% | 3.61% | 3.30% |
| Net Margin | 3.15% | 3.25% | 3.81% | 2.78% | 3.80% | 2.54% |
| Return on Equity (ROE) | 17.11% | 16.75% | 18.89% | 14.82% | 22.67% | 17.84% |
| Return on Assets (ROA) | 3.99% | 4.56% | 5.51% | 3.70% | 4.84% | 3.87% |
| Current Ratio | 1.36× | 1.30× | 1.52× | 1.48× | 1.34× | 1.45× |
| Debt-to-Equity | 0.87× | 0.86× | 0.73× | 0.81× | 1.18× | 1.31× |
| Effective Tax Rate | 23.01% | 18.08% | -30.93% | 15.37% | 9.54% | 14.15% |
| Cash Conversion Ratio | 1.91× | 1.80× | 1.32× | 1.20× | 1.09× | 0.23× |
| Accruals Ratio | -0.04× | -0.04× | -0.02× | -0.01× | -0.00× | 0.03× |
| SBC % of Revenue | 0.51% | 0.48% | 0.58% | 0.47% | 0.37% | 0.33% |
| CapEx Coverage | 2.66× | 3.44× | 2.50× | 1.50× | 2.31× | 0.41× |
| Free Cash Flow Per Share | $2.78 | $2.68 | $1.80 | $0.68 | $1.20 | $-0.41 |
Income Statement
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 27.91B | 25.81B | 26.41B | 28.50B | 24.63B | 24.12B |
| Cost of Goods and Services Sold | 25.29B | 23.58B | 24.39B | 26.50B | 22.84B | 22.35B |
| Gross Profit | 2.57B | 2.16B | 1.86B | 1.98B | 1.78B | 1.69B |
| Selling, General and Administrative Expense | 1.05B | 904.00M | 922.00M | 874.00M | 830.00M | 817.00M |
| Operating Income (Loss) | 1.37B | 1.17B | 853.00M | 1.02B | 890.00M | 795.00M |
| Income Tax Expense (Benefit) | 263.00M | 185.00M | -206.00M | 124.00M | 92.00M | 101.00M |
| Net Income (Loss) Attributable to Parent | 880.00M | 838.00M | 1.01B | 793.00M | 936.00M | 613.00M |
| Earnings Per Share, Basic | $2.37 | $2.14 | $2.31 | $1.75 | $1.97 | $1.23 |
| Weighted Average Number of Shares Outstanding, Basic | 371.00M | 391.00M | 435.00M | 454.00M | 476.00M | 499.00M |
| Earnings Per Share, Diluted | $2.33 | $2.11 | $2.28 | $1.72 | $1.94 | $1.21 |
| Weighted Average Number of Shares Outstanding, Diluted | 378.00M | 398.00M | 441.00M | 462.00M | 483.00M | 506.00M |
Balance Sheet
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 2.39B | 2.29B | 2.47B | 3.16B | 2.96B | 2.64B |
| Assets, Current | 16.33B | 12.84B | 12.99B | 16.03B | 14.34B | 11.36B |
| Assets | 22.06B | 18.38B | 18.26B | 21.41B | 19.32B | 15.84B |
| Long-term Debt | 3.75B | 3.69B | 3.26B | 3.69B | 4.20B | 3.80B |
| Liabilities, Current | 12.02B | 9.85B | 8.54B | 10.87B | 10.71B | 7.83B |
| Long-term Debt, Excluding Current Maturities | 3.75B | 2.48B | 3.26B | 3.54B | 3.25B | 3.52B |
| Liabilities | 16.92B | 13.38B | 12.93B | 15.70B | 15.12B | 12.40B |
| Stockholders' Equity Attributable to Parent | 5.14B | 5.00B | 5.33B | 5.35B | 4.13B | 3.44B |
| Common Stock, Shares, Outstanding | 365.69M | 377.82M | 408.10M | 450.12M | 460.56M | 492.57M |
Cash Flow Statement
| Concept | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 1.69B | 1.50B | 1.33B | 950.00M | 1.02B | 144.00M |
| Payments to Acquire Property, Plant, and Equipment | 633.00M | 438.00M | 530.00M | 635.00M | 443.00M | 351.00M |
| Net Cash Provided by (Used in) Investing Activities | -672.00M | -838.00M | -492.00M | -604.00M | -951.00M | -202.00M |
| Payments for Repurchase of Common Stock | 944.00M | 1.26B | 1.30B | 337.00M | 686.00M | 183.00M |
| Net Cash Provided by (Used in) Financing Activities | -924.00M | -821.00M | -1.66B | 2.00M | 280.00M | 743.00M |
Derived Metrics
| Concept | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 211.00M | 841.00M | 569.00M | 266.00M | 321.00M | 746.00M |
| EBITDA | 503.00M | — | — | 453.00M | 434.00M | — |
| Working Capital | 4.32B | 4.30B | 3.47B | 3.55B | 2.99B | 3.72B |
| Net Debt | 2.08B | 1.96B | 2.04B | 2.02B | 1.99B | 1.84B |
| Gross Margin | 9.39% | 9.62% | 9.02% | 8.70% | 8.80% | 9.06% |
| Operating Margin | 4.98% | 5.51% | 4.35% | 4.73% | 4.77% | 5.09% |
| Net Margin | 3.34% | 3.39% | 2.92% | 2.92% | 3.47% | 4.01% |
| Return on Equity (ROE) | 4.86% | 4.67% | 3.95% | 3.77% | 4.44% | 5.27% |
| Return on Assets (ROA) | 1.13% | 1.15% | 1.02% | 1.00% | 1.21% | 1.44% |
| Current Ratio | 1.36× | 1.40× | 1.33× | 1.36× | 1.30× | 1.41× |
| Debt-to-Equity | 0.87× | 0.98× | 0.85× | 0.84× | 0.86× | 0.83× |
| Effective Tax Rate | — | — | 24.05% | 21.95% | 20.43% | 8.68% |
| Cash Conversion Ratio | 1.65× | 5.32× | 4.28× | 2.08× | 1.95× | 4.08× |
| Accruals Ratio | -0.01× | -0.05× | -0.03× | -0.01× | -0.01× | -0.04× |
| SBC % of Revenue | 0.45% | 0.52% | 0.54% | 0.52% | 0.50% | 0.50% |
| CapEx Coverage | 2.04× | 2.95× | 3.01× | 3.00× | 3.87× | 3.29× |
| Free Cash Flow Per Share | $0.56 | $2.24 | $1.50 | $0.70 | $0.83 | $1.89 |
Income Statement
| Concept | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 7.48B | 7.06B | 6.80B | 6.58B | 6.40B | 6.56B |
| Cost of Goods and Services Sold | 6.75B | 6.37B | 6.18B | 5.99B | 5.81B | 5.95B |
| Gross Profit | 702.00M | 679.00M | 614.00M | 572.00M | 563.00M | 594.00M |
| Selling, General and Administrative Expense | 289.00M | 270.00M | 260.00M | 233.00M | 234.00M | 241.00M |
| Operating Income (Loss) | 372.00M | 389.00M | 296.00M | 311.00M | 305.00M | 334.00M |
| Income Tax Expense (Benefit) | 65.00M | 81.00M | 63.00M | 54.00M | 57.00M | 25.00M |
| Net Income (Loss) Attributable to Parent | 250.00M | 239.00M | 199.00M | 192.00M | 222.00M | 263.00M |
| Earnings Per Share, Basic | $0.68 | $0.65 | $0.53 | $0.51 | $0.58 | $0.68 |
| Weighted Average Number of Shares Outstanding, Basic | 371.00M | 369.00M | 374.00M | 374.00M | 381.00M | 387.00M |
| Earnings Per Share, Diluted | $0.67 | $0.64 | $0.52 | $0.50 | $0.57 | $0.67 |
| Weighted Average Number of Shares Outstanding, Diluted | 378.00M | 376.00M | 380.00M | 381.00M | 389.00M | 394.00M |
Balance Sheet
| Concept | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 2.39B | 3.06B | 2.25B | 2.24B | 2.29B | 2.31B |
| Assets, Current | 16.33B | 15.15B | 13.84B | 13.47B | 12.84B | 12.76B |
| Assets | 22.06B | 20.82B | 19.55B | 19.13B | 18.38B | 18.27B |
| Long-term Debt | 3.75B | 4.43B | 3.69B | 3.68B | 3.69B | 3.68B |
| Liabilities, Current | 12.02B | 10.86B | 10.37B | 9.92B | 9.85B | 9.04B |
| Long-term Debt, Excluding Current Maturities | 3.75B | 3.76B | 3.01B | 3.00B | 2.48B | 3.15B |
| Liabilities | 16.92B | 15.70B | 14.51B | 14.04B | 13.38B | 13.28B |
| Stockholders' Equity Attributable to Parent | 5.14B | 5.12B | 5.04B | 5.09B | 5.00B | 4.99B |
| Common Stock, Shares, Outstanding | 365.69M | 367.62M | 370.87M | 376.21M | 377.82M | 384.33M |
Cash Flow Statement
| Concept | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 413.00M | 1.27B | 852.00M | 399.00M | 433.00M | 1.07B |
| Payments to Acquire Property, Plant, and Equipment | 202.00M | 431.00M | 283.00M | 133.00M | 112.00M | 326.00M |
| Net Cash Provided by (Used in) Investing Activities | -200.00M | -472.00M | -334.00M | -179.00M | -197.00M | -641.00M |
| Payments for Repurchase of Common Stock | 200.00M | 744.00M | 544.00M | 247.00M | 299.00M | 958.00M |
| Net Cash Provided by (Used in) Financing Activities | -878.00M | -46.00M | -575.00M | -283.00M | -297.00M | -524.00M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (FLEX CIK 0000866374),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.