FLEX LTD.FLEXEarnings & Financial Report
Flex Ltd. is a Singaporean–American multinational manufacturing company. It is the third largest global electronics manufacturing services (EMS), original design manufacturer (ODM) company by revenue, behind only Pegatron for what concerns original equipment manufacturers. Flex's U.S. corporate headquarters are located in Austin, Texas. The company has manufacturing operations in over 30 countries, totaling about 172,000 employees.
Revenue
$4.5B
Gross Profit
$-29.0M
Operating Profit
$-162.0M
Net Profit
$395.0M
Gross Margin
-0.6%
Operating Margin
-3.6%
Net Margin
8.8%
YoY Growth
8933.3%
EPS
$0.91
FLEX LTD. Q4 FY2024 Financial Summary
FLEX LTD. reported revenue of $4.5B (up 8933.3% YoY) for Q4 FY2024, with a net profit of $395.0M (8.8% margin). Cost of goods sold was $4.5B, operating expenses totaled $133.0M.
Key Financial Metrics
| Total Revenue | $4.5B |
|---|---|
| Net Profit | $395.0M |
| Gross Margin | -0.6% |
| Operating Margin | -3.6% |
| Report Period | Q4 FY2024 |
Revenue Breakdown
FLEX LTD. Q4 FY2024 revenue of $4.5B breaks down across 3 segments, led by Transferred At Point In Time at $2.9B (65.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Transferred At Point In Time | $2.9B | 65.3% |
| Other | $1.3B | 28.1% |
| Transferred Over Time | $295.0M | 6.5% |
FLEX LTD. Revenue by Segment — Quarterly Trend
FLEX LTD. revenue by segment across the last 4 reported quarters, showing how each business line (such as Transferred At Point In Time and Other) has evolved quarter over quarter.
| Segment | Q3 FY2026 | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 |
|---|---|---|---|---|
| Transferred At Point In Time | $2.7B | $2.9B | $2.9B | $2.7B |
| Transferred Over Time | $1.1B | $892.0M | $796.0M | $847.0M |
FLEX LTD. Annual Revenue by Year
FLEX LTD. annual revenue history includes year-by-year totals (for example, 2025 revenue was $25.8B).
| Year | Annual Revenue |
|---|---|
| 2025 | $25.8B |
| 2024 | $26.4B |
FLEX LTD. Quarterly Revenue & Net Profit History
FLEX LTD. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2026 | $7.1B | +7.7% | $239.0M | 3.4% |
| Q2 FY2026 | $6.8B | +4.0% | $199.0M | 2.9% |
| Q1 FY2026 | $6.6B | +4.1% | $192.0M | 2.9% |
| Q4 FY2025 | $6.4B | +42.0% | $222.0M | 3.5% |
| Q3 FY2025 | $6.6B | -7.7% | $263.0M | 4.0% |
| Q2 FY2025 | $6.5B | -12.4% | $214.0M | 3.3% |
| Q1 FY2025 | $6.3B | -13.9% | $139.0M | 2.2% |
| Q4 FY2024 | $4.5B | +8933.3% | $395.0M | 8.8% |
Income Statement
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $4.50B | $6.31B | $6.54B | $6.56B | $6.40B | $6.58B | $6.80B | $7.06B |
| YoY Growth | 8933.3% | -13.9% | -12.4% | -7.7% | 42.0% | 4.1% | 4.0% | 7.7% |
Balance Sheet
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $18.26B | $17.74B | $18.59B | $18.27B | $18.38B | $19.13B | $19.55B | $20.82B |
| Liabilities | $12.93B | $12.74B | $13.58B | $13.28B | $13.38B | $14.04B | $14.51B | $15.70B |
| Equity | $5.33B | $5.00B | $5.00B | $4.99B | $5.00B | $5.09B | $5.04B | $5.12B |
Cash Flow
| Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $679.0M | $340.0M | $319.0M | $413.0M | $433.0M | $399.0M | $453.0M | $420.0M |