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Last updated: April 2026

FLEX FINANCIAL STATEMENTS

Flex Ltd — balance sheet, income statement and cash flow trends

FLEXFlex Ltd

🇺🇸 USA · NASDAQ · Technology · Electronic Components

Value itDuel
PriceFinancialsPeers

Income Statement

Quarterly progression — trailing-twelve-month values
RevenueNet Income
010 B20 B30 B202120222023202420252026

Profit Funnel

Q1 2026 · TTM
Revenue27.9 B $Gross Profit2.6 B $ · 9%Operating Income1.4 B $ · 5%Pre-tax Income1.1 B $ · 4%Net Income880 M $ · 3%

Percentages are relative to revenue.

Key Figures

YoY change
Revenue27.9 B $+8.1%
Gross Profit2.6 B $+20.5%
Operating Income1.4 B $+22.5%
EBITDA1.9 B $+8.3%
Net Income880 M $+5.0%

Peer Comparison· Electronic Components

CompanyRev. GrowthGross MarginEBITDA MarginNet Margin
FLEX8.1%9.3%6.9%3.2%
CLS36.9%11.6%9.8%6.9%
Industry median11.6%31.3%12.2%5.9%
CompanyRev. GrowthGross MarginEBITDA MarginNet Margin
FLEX8.1%9.3%6.9%3.2%
TEL15.6%35.4%25.4%15.7%
JBL17.8%9.2%5.7%2.6%
FN29.8%12.0%12.1%9.9%
TTMI23.1%20.5%13.5%6.3%
GLW20.1%36.3%23.1%11.1%
Industry median11.6%31.3%12.2%5.9%

Balance Sheet

Quarterly period-end values
Total AssetsTotal LiabilitiesEquity
010 B20 B202120222023202420252026

Capital Structure

Q1 2026
Total Assets22.1 B
  • Equity5.1 B $23%
  • Current Liabilities12 B $54%
  • Long-term Liabilities4.9 B $22%

Key Figures

YoY change
Total Assets22.1 B $+20.0%
Total Liabilities16.9 B $+26.4%
Total Equity5.1 B $+2.8%
Cash & ST Investments2.4 B $+4.4%
Total Debt4.3 B $+4.1%
Net Debt1.9 B $+3.7%

Peer Comparison· Electronic Components

CompanyCurrent RatioDebt/EquityNetDebt/EBITDAEquity/Assets
FLEX1.3683.9%1.0023.3%
CLS1.2636.8%0.2925.4%
Industry median2.3439.8%0.9351.7%
CompanyCurrent RatioDebt/EquityNetDebt/EBITDAEquity/Assets
FLEX1.3683.9%1.0023.3%
TEL1.8942.7%0.9751.5%
JBL0.98294.2%1.325.6%
FN2.550.2%-1.8465.7%
TTMI1.8857.1%1.5246.2%
GLW1.6176.0%1.9137.8%
Industry median2.3439.8%0.9351.7%

Cash Flow Statement

Quarterly progression — trailing-twelve-month values
Operating Cash FlowCapital ExpendituresFree Cash Flow
01 B202120222023202420252026

Cash Flow Bridge

Q1 2026 · TTM
0500 M1 B1.5 B1.7 B $Operating-672 M $Investing-924 M $Financing89 M $Net Change

Key Figures

YoY change
Operating Cash Flow1.7 B $+12.0%
Capital Expenditures633 M $+44.5%
Free Cash Flow1.1 B $-1.4%
Dividends Paid——

Peer Comparison· Electronic Components

CompanyCF MarginFCF MarginCapEx RatioCF/Net Income
FLEX6.0%3.8%2.3%191.5%
CLS6.4%3.6%2.9%92.5%
Industry median8.7%6.3%2.3%142.8%
CompanyCF MarginFCF MarginCapEx RatioCF/Net Income
FLEX6.0%3.8%2.3%191.5%
TEL23.9%18.3%5.6%152.1%
JBL5.5%4.5%1.6%215.4%
FN6.1%1.1%5.0%61.4%
TTMI10.4%-0.4%10.8%166.1%
GLW17.8%9.2%8.6%160.6%
Industry median8.7%6.3%2.3%142.8%

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

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Data on this page refreshes once per day. Price data as of Jul 2, 26. This content is for informational purposes only and is not investment advice.