FLEX LTD.

Listed Company

FLEXCIK 0000866374NasdaqLarge AcceleratedPrinted Circuit BoardsU0FY ends Mar 31

Period

FY 2026

Revenue

$27.91B

Net Income

$880.00M

Total Assets

$22.06B

Equity

$5.14B

Shares Out

366.38M

Op. Cash Flow

$1.69B

FLEX$119.19+124.07% · past yearDBEQ Basic

Daily closing prices

Business

Flex Ltd. is an end-to-end advanced manufacturing partner providing design and engineering, supply chain, manufacturing, and integrated services across approximately 30 countries. The company serves diverse industries including data center, healthcare, industrial, automotive, communications, and lifestyle through specialized capabilities in PCB assembly, systems integration, thermal and power management, and aftermarket services. Flex operates three reportable segments: Integrated Technology Solutions (ITS) serving communications and lifestyle markets; Regulated Manufacturing Solutions (RMS) serving industrial, automotive, and healthcare markets; and Cloud and Power Infrastructure (CPI) supporting data center and cloud deployments.

Summary from 10-K filed 2026-05-20

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-03-31	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31
Net sales	27,914	25,813	26,415	28,502	24,633
Cost of sales	25,288	23,584	24,395	26,503	22,838
Restructuring charges	59	70	155	23	15
Gross profit	2,567	2,159	1,865	1,976	1,780
Selling, general and administrative expenses	1,052	904	922	874	830
Restructuring and impairment charges	79	16	20	—	—
Intangible amortization	68	70	70	81	60
Operating income	1,368	1,169	853	1,017	890
Interest expense	215	218	207	230	—
Interest income	51	61	56	30	14
Other charges (income), net	30	−14	44	6	−165
Equity in earnings (losses) of unconsolidated affiliates	−31	−3	8	−4	61
Income from continuing operations before income taxes	1,143	1,023	666	807	964
Provision for (benefit from) income taxes	263	185	−206	124	92
Net income from continuing operations	880	838	872	683	872
Net income from discontinued operations, net of tax	0	0	373	350	68
Net income	880	838	1,245	1,033	940
Net income attributable to noncontrolling interest	0	0	239	240	4
Net income attributable to Flex Ltd.	880	838	1,006	793	936
Basic earnings per share from continuing operations (in dollars per share)	2.37	2.14	2	1.5	1.83
Basic earnings per share from discontinued operations (in dollars per share)	0	0	0.31	0.25	0.14
Basic earnings per share attributable to the shareholders of Flex Ltd (in dollars per share)	2.37	2.14	2.31	1.75	1.97
Diluted earnings per share from continuing operations (in dollars per share)	2.33	2.11	1.98	1.48	1.81
Diluted earnings per share from discontinued operations (in dollars per share)	0	0	0.3	0.24	0.13
Diluted earnings per share attributable to the shareholders of Flex Ltd (in dollars per share)	2.33	2.11	2.28	1.72	1.94
Basic (in shares)	371	391	435	454	476
Diluted (in shares)	378	398	441	462	483

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	FY 2026 2026-03-31	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31
Cash and cash equivalents	2,389	2,289	2,474	3,164	2,964
Accounts receivable, net of allowance for doubtful accounts	4,679	3,671	3,033	3,480	3,371
Contract assets	1,063	616	249	243	519
Inventories	5,845	5,071	6,205	7,388	6,580
Other current assets	2,356	1,194	1,031	875	903
Total current assets	16,332	12,841	12,992	16,033	14,337
Property and equipment, net	2,505	2,330	2,269	2,342	2,125
Operating lease right-of-use assets, net	659	562	601	605	637
Goodwill	1,369	1,341	1,135	1,139	1,138
Other intangible assets, net	283	343	245	315	411
Other non-current assets	912	964	1,015	490	473
Total assets	22,060	18,381	18,257	21,407	19,325
Bank borrowings and current portion of long-term debt	0	1,209	0	150	949
Accounts payable	8,055	5,147	4,468	5,724	6,254
Accrued payroll and benefits	671	560	488	506	470
Deferred revenue and customer working capital advances	2,156	1,957	2,615	2,955	2,002
Other current liabilities	1,134	977	968	1,019	1,036
Total current liabilities	12,016	9,850	8,539	10,867	10,711
Long-term debt, net of current portion	3,751	2,483	3,261	3,544	3,248
Operating lease liabilities, non-current	565	456	490	504	551
Other non-current liabilities	584	590	642	554	608
Total liabilities	16,916	13,379	12,932	15,701	15,118
Commitments and contingencies (Note 14)	—	—	—	—	—
Ordinary shares, no par value; 371,241,931 and 383,369,073 issued, and 365,690,291 and 377,817,433 outstanding as of March 31, 2026 and 2025, respectively	3,347	4,142	5,074	6,493	6,052
Treasury stock, at cost; 5,551,640 shares	−200	−200	0	−388	−388
Accumulated earnings	2,164	1,284	446	−560	−1,353
Accumulated other comprehensive loss	−167	−224	−195	−194	−182
Total shareholders' equity	5,144	5,002	5,325	5,351	4,129
Total liabilities and shareholders' equity	22,060	18,381	18,257	21,407	19,325

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	FY 2026 2026-03-31	FY 2025 2025-03-31	FY 2024 2024-03-31	FY 2023 2023-03-31	FY 2022 2022-03-31
Depreciation	457	439	431	414	409
Amortization and other impairment charges	106	100	106	87	75
Other non-cash income	80	3	−16	−41	−54
Non-cash lease expense	148	142	139	131	130
Stock-based compensation	142	125	152	133	91
Deferred income taxes	1	23	−480	−192	−44
Accounts receivable	−979	−601	380	−388	624
Contract assets	−435	−365	−41	−27	−226
Inventories	−742	1,176	1,105	−974	−2,655
Other current and noncurrent assets	−1,169	−216	−297	−55	−295
Accounts payable	2,858	630	−986	−341	969
Other current and noncurrent liabilities	338	−789	−412	1,170	1,067
Net cash provided by operating activities	1,685	1,505	1,326	950	1,024
Purchases of property and equipment	−633	−438	−530	−635	−443
Proceeds from the disposition of property and equipment	8	15	25	20	11
Acquisitions of businesses, net of cash acquired	−40	−405	0	2	−539
Proceeds from divestiture of businesses, net of cash held in divested businesses	−4	−21	12	2	9
Other investing activities, net	−3	11	1	7	11
Net cash used in investing activities	−672	−838	−492	−604	−951
Proceeds from bank borrowings and long-term debt	1,251	499	2	718	759
Repayments of bank borrowings and long-term debt	−1,217	−58	−409	−1,024	−284
Payments for repurchases of ordinary shares	−944	−1,257	−1,298	−337	−686
Proceeds from issuances of Nextracker shares	0	0	552	694	0
Payment for purchase of Nextracker LLC units from TPG	0	0	−57	0	0
Capital reduction from Nextracker spin-off	0	0	−368	0	0
Other financing activities, net	−14	−5	−78	−27	3
Net cash (used in) provided by financing activities	−924	−821	−1,656	2	280
Effect of exchange rates on cash	11	−31	2	−18	−26
Net (decrease) increase in cash and cash equivalents	100	−185	−820	330	327

Filings

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Frequently asked questions

What is FLEX LTD.'s CIK number?

FLEX LTD.'s SEC CIK number is 0000866374 (866374). The CIK (Central Index Key) is the permanent identifier the SEC assigns to every EDGAR filer — unlike a ticker symbol, it never changes.

Where can I find FLEX LTD.'s SEC filings?

All of FLEX LTD.'s EDGAR filings — 10-K annual reports, 10-Q quarterly reports, 8-K material events, and insider transactions — are listed on this page, sourced live from SEC EDGAR.

When did FLEX LTD. last report earnings?

FLEX LTD. (FLEX) most recently filed an earnings 8-K with the SEC on May 5, 2026, furnishing its results under Item 2.02 (Results of Operations and Financial Condition). The earnings press release is attached to that filing (accession 0000866374-26-000009). This is FLEX LTD.'s most recent earnings filing of record — not a forecast of its next earnings date.

What is FLEX LTD.'s most recent earnings 8-K?

FLEX LTD.'s latest earnings 8-K (Item 2.02) was filed May 5, 2026 under accession 0000866374-26-000009. It carries the quarterly or annual earnings press release — the earliest official, SEC-filed version of the results.

View FLEX LTD.'s latest earnings 8-K →
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