Flex Ltd. (FLEX): financials, SEC filings and peers
Flex Ltd. (FLEX) is an electronic manufacturing services company in the Information Technology sector of the S&P 500, headquartered in Austin, Texas.
It was founded in 1969 and joined the S&P 500 on June 22, 2026.
Its fiscal year ends in March, and its shares trade on the Nasdaq.
In its SEC filings it is classified as “Printed Circuit Boards”.
Flex Ltd. at a glance
- Revenue (12 months)
- $29.3B
- Revenue growth
- +12.2%
- Operating margin
- 5.0%
- Net income (12 months)
- $973M
- Free cash flow (12 months)
- $826M
- Cash
- $2.8B
- Debt
- $5.2B
- Diluted EPS (12 months)
- $2.59
Twelve months to June 26, 2026, from the 10-Q filed July 31, 2026.
Latest twelve months
Over the twelve months to June 26, 2026, Flex Ltd. reported revenue of $29.3 billion, up 12.2% from a year earlier.
Its operating margin was 5.0%: for every $100 of sales, about $5 was left as operating profit.
Net income was $973 million (3.3% of revenue), 9.2% higher than a year earlier.
Operating cash flow was $1.6 billion and capital spending $736 million, leaving free cash flow of $826 million (2.8% of revenue).
At the end of the period it held $2.8 billion in cash and $5.2 billion in debt, a net debt position of $2.4 billion.
The diluted share count fell 1.8% in a year, typically the result of buybacks.
Five-year trend
- Revenue went from $24.1 billion in fiscal 2021 to $27.9 billion in fiscal 2026, about 3.0% a year.
- Operating margin has been steady, around 4.9%.
- Free cash flow was negative in 1 of the last 6 fiscal years.
| Fiscal year | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| Revenue | $24.6B | $28.5B | $26.4B | $25.8B | $27.9B |
| Revenue growth | 2.1% | 15.7% | -7.3% | -2.3% | 8.1% |
| Operating margin | 3.6% | 3.6% | 3.2% | 4.5% | 4.9% |
| Net income | $936M | $793M | $1.0B | $838M | $880M |
| Free cash flow | $581M | $315M | $796M | $1.1B | $1.1B |
| Diluted EPS | $1.94 | $1.72 | $2.28 | $2.11 | $2.33 |
Fiscal years as reported in Flex Ltd.’s 10-K filings. Free cash flow is operating cash flow minus capital spending.
Recent SEC filings
- 8-K filed September 15, 2026 — Executive or director change; Other event
- 8-K filed September 4, 2026 — Material agreement; Other event
- 8-K filed August 7, 2026 — Shareholder vote results; Other event
- 10-Q filed July 31, 2026 — quarterly report
- 8-K filed July 29, 2026 — Other event
- 8-K filed July 29, 2026 — Earnings results
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Questions about Flex Ltd.
Is Flex Ltd.'s revenue growing?
Yes. Revenue for the twelve months to June 26, 2026 was $29.3 billion, up 12.2% from a year earlier, according to its SEC filings.
Is Flex Ltd. profitable?
Yes. It earned $973 million in net income over the twelve months to June 26, 2026, a net margin of 3.3%.
Does Flex Ltd. have more cash or more debt?
At June 26, 2026 it had $2.8 billion in cash and $5.2 billion in debt, so more debt than cash.
When did Flex Ltd. last file financial results?
Its latest quarterly report (10-Q) was filed with the SEC on July 31, 2026.
Which companies are similar to Flex Ltd.?
In the S&P 500, Flex Ltd. is grouped in Electronic Manufacturing Services within the Information Technology sector. Jabil (JBL), TE Connectivity (TEL) are in the same group.
Understand the numbers
Source: Flex Ltd.’s filings with the U.S. Securities and Exchange Commission (EDGAR), retrieved September 27, 2026. Figures are as reported by the company and may be restated. This page is for information only and is not financial advice.