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Side-by-side financial comparison of FLEX LTD. (FLEX) and GRUPO TELEVISA, S.A.B. (TV). Click either name above to swap in a different company.

FLEX LTD. is the larger business by last-quarter revenue ($27.9B vs $14.5B, roughly 1.9× GRUPO TELEVISA, S.A.B.). FLEX LTD. runs the higher net margin — 0.9% vs -51.8%, a 52.7% gap on every dollar of revenue.

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.

"Grupo Televisa, S.A.B.", simply known as "Televisa", is a Mexican telecommunications and broadcasting company and the largest in Latin America A major Latin American mass media corporation, it often presents itself as the largest producer of Spanish-language content.

FLEX vs TV — Head-to-Head

Bigger by revenue
FLEX
FLEX
1.9× larger
FLEX
$27.9B
$14.5B
TV
Higher net margin
FLEX
FLEX
52.7% more per $
FLEX
0.9%
-51.8%
TV

Income Statement — Q4 FY2026 vs Q4 FY2025

Metric
FLEX
FLEX
TV
TV
Revenue
$27.9B
$14.5B
Net Profit
$250.0M
$-7.5B
Gross Margin
2.5%
38.8%
Operating Margin
1.3%
10.0%
Net Margin
0.9%
-51.8%
Revenue YoY
16.9%
Net Profit YoY
12.6%
EPS (diluted)
$0.67

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
FLEX
FLEX
TV
TV
Q1 26
$27.9B
Q4 25
$7.1B
$14.5B
Q3 25
$6.8B
$14.6B
Q2 25
$6.6B
$14.7B
Q1 25
$6.4B
Q4 24
$6.6B
Q3 24
$6.5B
Q2 24
$6.3B
Net Profit
FLEX
FLEX
TV
TV
Q1 26
$250.0M
Q4 25
$239.0M
$-7.5B
Q3 25
$199.0M
Q2 25
$192.0M
$552.5M
Q1 25
$222.0M
Q4 24
$263.0M
Q3 24
$214.0M
Q2 24
$139.0M
Gross Margin
FLEX
FLEX
TV
TV
Q1 26
2.5%
Q4 25
9.6%
38.8%
Q3 25
9.0%
36.7%
Q2 25
8.7%
38.8%
Q1 25
8.8%
Q4 24
9.1%
Q3 24
8.1%
Q2 24
7.5%
Operating Margin
FLEX
FLEX
TV
TV
Q1 26
1.3%
Q4 25
5.5%
10.0%
Q3 25
4.4%
6.3%
Q2 25
4.7%
6.5%
Q1 25
4.8%
Q4 24
5.1%
Q3 24
4.5%
Q2 24
3.7%
Net Margin
FLEX
FLEX
TV
TV
Q1 26
0.9%
Q4 25
3.4%
-51.8%
Q3 25
2.9%
Q2 25
2.9%
3.8%
Q1 25
3.5%
Q4 24
4.0%
Q3 24
3.3%
Q2 24
2.2%
EPS (diluted)
FLEX
FLEX
TV
TV
Q1 26
$0.67
Q4 25
$0.64
Q3 25
$0.52
Q2 25
$0.50
Q1 25
$0.56
Q4 24
$0.67
Q3 24
$0.54
Q2 24
$0.34

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FLEX
FLEX
TV
TV
Cash + ST InvestmentsLiquidity on hand
$2.4B
Total DebtLower is stronger
$3.8B
Stockholders' EquityBook value
$5.1B
Total Assets
$22.1B
Debt / EquityLower = less leverage
0.73×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLEX
FLEX
TV
TV
Q1 26
$2.4B
Q4 25
$3.1B
Q3 25
$2.2B
Q2 25
$2.2B
Q1 25
$2.3B
Q4 24
$2.3B
Q3 24
$2.6B
Q2 24
$2.2B
Total Debt
FLEX
FLEX
TV
TV
Q1 26
$3.8B
Q4 25
$4.4B
Q3 25
$3.7B
Q2 25
$3.7B
Q1 25
$3.7B
Q4 24
$3.7B
Q3 24
$3.7B
Q2 24
$3.2B
Stockholders' Equity
FLEX
FLEX
TV
TV
Q1 26
$5.1B
Q4 25
$5.1B
Q3 25
$5.0B
Q2 25
$5.1B
Q1 25
$5.0B
Q4 24
$5.0B
Q3 24
$5.0B
Q2 24
$5.0B
Total Assets
FLEX
FLEX
TV
TV
Q1 26
$22.1B
Q4 25
$20.8B
Q3 25
$19.5B
Q2 25
$19.1B
Q1 25
$18.4B
Q4 24
$18.3B
Q3 24
$18.6B
Q2 24
$17.7B
Debt / Equity
FLEX
FLEX
TV
TV
Q1 26
0.73×
Q4 25
0.87×
Q3 25
0.73×
Q2 25
0.72×
Q1 25
0.74×
Q4 24
0.74×
Q3 24
0.74×
Q2 24
0.64×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FLEX
FLEX
TV
TV
Operating Cash FlowLast quarter
$413.0M
Free Cash FlowOCF − Capex
$212.0M
FCF MarginFCF / Revenue
0.8%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.65×
TTM Free Cash FlowTrailing 4 quarters
$1.1B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLEX
FLEX
TV
TV
Q1 26
$413.0M
Q4 25
$420.0M
Q3 25
$453.0M
Q2 25
$399.0M
Q1 25
$433.0M
Q4 24
$413.0M
Q3 24
$319.0M
Q2 24
$340.0M
Free Cash Flow
FLEX
FLEX
TV
TV
Q1 26
$212.0M
Q4 25
$272.0M
Q3 25
$303.0M
Q2 25
$266.0M
Q1 25
$321.0M
Q4 24
$301.0M
Q3 24
$216.0M
Q2 24
$229.0M
FCF Margin
FLEX
FLEX
TV
TV
Q1 26
0.8%
Q4 25
3.9%
Q3 25
4.5%
Q2 25
4.0%
Q1 25
5.0%
Q4 24
4.6%
Q3 24
3.3%
Q2 24
3.6%
Capex Intensity
FLEX
FLEX
TV
TV
Q1 26
Q4 25
2.1%
Q3 25
2.2%
Q2 25
2.0%
Q1 25
1.8%
Q4 24
1.7%
Q3 24
1.6%
Q2 24
1.8%
Cash Conversion
FLEX
FLEX
TV
TV
Q1 26
1.65×
Q4 25
1.76×
Q3 25
2.28×
Q2 25
2.08×
Q1 25
1.95×
Q4 24
1.57×
Q3 24
1.49×
Q2 24
2.45×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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