Financials in USD. Standardized financial statements.
A compact view of how Flex Ltd. turns revenue into operating income and net income.
| Metric | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $27.91B | $25.81B | $26.41B | $28.50B | $24.63B | $24.12B | $24.21B | $26.21B | $25.44B | $23.86B |
| Revenue Growth? | +8.1% | -2.3% | -7.3% | +15.7% | +2.1% | -0.4% | -7.6% | +3.0% | +6.6% | 0.0% |
| Cost of Revenue? | $25.36B | $23.65B | $24.55B | $26.53B | $22.85B | $22.44B | $22.87B | $24.69B | $23.85B | $22.34B |
| Gross Profit? | $2.56B | $2.16B | $1.86B | $1.98B | $1.78B | $1.69B | $1.34B | $1.52B | $1.60B | $1.52B |
| Gross Margin? | +9.2% | +8.4% | +7.1% | +6.9% | +7.2% | +7.0% | +5.5% | +5.8% | +6.3% | +6.4% |
| Operating Expenses? | $1.05B | $990.00M | $1.01B | $959.00M | $890.00M | $892.00M | $924.00M | $1.03B | $1.10B | $1.02B |
| Operating Income? | $1.51B | $1.17B | $853.00M | $1.02B | $890.00M | $795.00M | $415.00M | $491.00M | $497.84M | $502.21M |
| EBITDA? | $2.07B | $1.78B | $1.41B | $1.54B | $1.61B | $1.44B | $1.07B | $1.09B | $1.20B | $1.09B |
| Income Before Tax | $1.14B | $1.02B | $666.00M | $807.00M | $964.00M | $714.00M | $159.00M | $182.00M | $520.89M | $370.85M |
| Income Tax Expense | $263.00M | $185.00M | -$206.00M | $124.00M | $92.00M | $101.00M | $71.00M | $89.00M | $92.36M | $51.28M |
| Net Income? | $880.00M | $838.00M | $1.01B | $793.00M | $936.00M | $613.00M | $88.00M | $93.00M | $428.53M | $319.56M |
| EPS? | $2.33 | $2.14 | $2.47 | $1.75 | $1.97 | $1.23 | $0.17 | $0.18 | $0.81 | $0.59 |
| Diluted EPS? | $2.33 | $2.11 | $2.28 | $1.72 | $1.94 | $1.21 | $0.17 | $0.18 | $0.80 | $0.59 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality