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NASDAQ · Technology · Financials

Flex Ltd. financials & valuation

Reported statements, fiscal periods and valuation definitions in one place.

Section freshness

Research as of Jun 26, 2026 · Prices as of Sep 29, 10:10 AM EDT · Fundamentals checked Sep 29, 9:39 AM EDT · Statements Jun 26, 2026

Financial statements

Revenue

27.91B

FY2026 · ended Mar 31, 2026

Operating Income

1.37B

FY2026 · ended Mar 31, 2026

Net Income

880M

FY2026 · ended Mar 31, 2026

Amounts in USD. B = billions · M = millions. Scroll horizontally for earlier periods.

Sources, units & calculation notes

TECHi unified data / SEC Companyfacts. Per-share figures are in USD/share; margins in %, debt/equity in ×. TTM sums four consecutive quarters; balance sheets remain period-end balances. Growth requires comparable positive values. EPS uses the provider’s reported share basis; missing direct quarters are unavailable, and mixed filing split bases are not summed. EPS growth and trend lines require matching documented accounting and split bases. Tab through controls; use arrow keys inside the table.

FLEX annual income
FY2026Ended Mar 31, 2026Filed May 20, 2026Source filing	FY2025Ended Mar 31, 2025Filed May 21, 2025Source filing	FY2024Ended Mar 31, 2024Filed May 21, 2025Source filing	FY2023Ended Mar 31, 2023Filed May 17, 2024Source filing	1Y change	3Y annual growth
27.91B	25.81B	26.42B	28.5B	8.1%	-0.7%
880M	838M	1.01B	793M	5.0%	3.5%
2.57B	2.16B	1.87B	1.98B	18.9%	9.1%
1.37B	1.17B	853M	1.02B	17.0%	10.4%

Earnings quality · Mar 31, 2026

Net income: 880M
Free cash flow: 1.05B
Stock-based compensation: —
FCF / net income: 119.5%
Accrual gap / revenue: -2.9%
Cash conversion: Strong cash conversion

Accrual gap = (net income − operating cash flow) / revenue. TECHi descriptive thresholds: strong ≥100%, moderate 75–100%, weak <75%. CapEx timing, working capital and industry structure affect the ratio; it is not an accounting audit.

Download quarterly financial dataset

Changes between reports

Q1 Jun 26, 2026 versus Q4 Mar 31, 2026

Latest quarter compared with the preceding report. Margin changes are in percentage points (pp).

Revenue: 7.93B↑ +6.0%; Previous: 7.48B · USD
Gross margin: 9.42%↑ +0.03 pp; Previous: 9.39%
Operating margin: 4.94%↓ -0.03 pp; Previous: 4.98%
Net margin: 3.59%↑ +0.3 pp; Previous: 3.34%
Cash: 2.84B↑ +18.9%; Previous: 2.39B · USD
Debt: 5.22B↑ +39.1%; Previous: 3.75B · USD
Inventory: 6.45B↑ +10.4%; Previous: 5.85B · USD
Capex: 236M↑ +16.8%; Previous: 202M · USD

Reported-period comparison. Guidance and risk-factor changes require reading the filings.

Read the filings

Valuation & ratios

Multiples with negative or missing earnings are not meaningful. Annual free cash flow yield uses the latest fiscal year; provider forward multiples may use a different earnings horizon.

Valuation history and definitions

5Y median / percentile: Five-year observations unavailable
Forward EPS vs trailing EPS: 81.92%
Forward P/E / expected EPS growth: 0.29×

EPS growth proxy compares the available annual estimate (FY2027 period end 2027-03-31) with trailing EPS; it is not a multi-year consensus growth rate. Historical valuation uses dated observations, using price divided by the annual EPS estimate recorded that day. Legacy provider P/E observations with an unknown earnings basis are excluded. Available P/E observations: 2 since 2026-09-28.

Why provider ratios differ · reconciliation

Forward P/E can use next fiscal year, current fiscal year or next-twelve-month earnings; trailing P/E can use GAAP or adjusted earnings and different closing prices. TECHi compares figures with the same earnings basis and reporting period. Different definitions are not averaged together.

Metric	Value / formula	Source and date
Reported forward P/E	—	Not supplied · period unknown · date unknown
Trailing P/E	43.89	Yahoo Finance · period unknown · 2026-09-29T13:39:46.573Z
Trailing EPS	2.59	Yahoo Finance · period unknown · 2026-09-29T13:39:46.573Z
Price ÷ annual EPS estimate	23.99×	TECHi calculation · FY2027 period end 2027-03-31

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