FLEX
Flex Ltd
NASDAQ: FLEX · TECHNOLOGY · ELECTRONIC COMPONENTS
$90.60
+3.95% today
Updated 2026-04-29
Market cap
$33.31B
P/E ratio
40.63
P/S ratio
1.24x
EPS (TTM)
$2.23
Dividend yield
—
52W range
$35 – $92
Volume
3.5M
Flex Ltd (FLEX) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.29B | $18.85B | $27.56B | $30.95B | $24.01B | $28.68B | $29.34B | $23.57B | $26.11B | $26.15B | $24.42B | $23.86B | $25.44B | $26.21B | $24.21B | $24.12B | $24.63B | $28.50B | $26.41B | $25.81B |
| Revenue growth (YoY) | — | +23.3% | +46.2% | +12.3% | -22.4% | +19.5% | +2.3% | -19.7% | +10.8% | +0.2% | -6.6% | -2.3% | +6.6% | +3.0% | -7.6% | -0.4% | +2.1% | +15.7% | -7.3% | -2.3% |
| Cost of revenue | $14.54B | $17.92B | $25.97B | $29.67B | $22.80B | $27.09B | $27.83B | $22.40B | $24.67B | $24.60B | $22.81B | $22.34B | $23.85B | $24.69B | $22.87B | $22.44B | $22.85B | $26.53B | $24.55B | $23.65B |
| Gross profit | $747.88M | $929.00M | $1.18B | $1.28B | $1.21B | $1.58B | $1.52B | $1.17B | $1.44B | $1.55B | $1.61B | $1.52B | $1.60B | $1.52B | $1.34B | $1.69B | $1.78B | $1.98B | $1.86B | $2.16B |
| Gross margin | 4.9% | 4.9% | 4.3% | 4.1% | 5.0% | 5.5% | 5.2% | 4.9% | 5.5% | 5.9% | 6.6% | 6.4% | 6.3% | 5.8% | 5.5% | 7.0% | 7.2% | 6.9% | 7.1% | 8.4% |
| R&D | — | — | — | — | $0.00 | $0.00 | $78.90M | $0.00 | $30.00M | $26.30M | $75.50M | $65.60M | $78.20M | $66.00M | — | — | — | — | — | — |
| SG&A | $463.95M | $547.54M | $868.11M | $979.06M | $767.13M | $816.35M | $880.64M | $805.24M | $874.80M | $844.47M | $954.89M | $937.34M | $1.02B | $953.08M | $834.11M | $817.00M | $892.00M | $995.00M | $922.00M | $904.00M |
| Operating income | $246.78M | $344.37M | $666.00M | $165.50M | $366.87M | $768.58M | $590.81M | $331.48M | $536.53M | $668.83M | $587.21M | $502.21M | $497.84M | $491.00M | $415.00M | $795.00M | $890.00M | $1.02B | $853.00M | $1.17B |
| Operating margin | 1.6% | 1.8% | 2.4% | 0.5% | 1.5% | 2.7% | 2.0% | 1.4% | 2.1% | 2.6% | 2.4% | 2.1% | 2.0% | 1.9% | 1.7% | 3.3% | 3.6% | 3.6% | 3.2% | 4.5% |
| EBITDA | $637.61M | $766.11M | $870.08M | $-5.20B | $852.44M | $1.24B | $1.13B | $951.43M | $926.90M | $1.26B | $1.05B | $1.09B | $1.20B | $1.09B | $1.07B | $1.44B | $1.61B | $1.54B | $1.41B | $1.78B |
| EBITDA margin | 4.2% | 4.1% | 3.2% | -16.8% | 3.6% | 4.3% | 3.9% | 4.0% | 3.6% | 4.8% | 4.3% | 4.6% | 4.7% | 4.2% | 4.4% | 6.0% | 6.6% | 5.4% | 5.3% | 6.9% |
| EBIT | $246.78M | $344.37M | $157.24M | $-5.90B | $144.91M | $768.58M | $610.75M | $385.07M | $462.36M | $722.07M | $539.47M | $478.83M | $643.99M | $328.00M | $441.00M | $875.00M | $1.13B | $1.04B | $873.00M | $1.24B |
| Interest expense | $92.95M | $91.99M | $185.40M | $202.00M | $158.10M | $82.07M | $70.60M | $68.90M | $79.90M | $76.40M | $98.00M | $108.00M | $123.10M | $145.66M | $145.98M | $150.00M | $160.00M | $191.00M | $161.00M | $218.00M |
| Income tax | $54.22M | $4.05M | $705.04M | $5.21M | $-35.75M | $19.38M | $53.96M | $26.31M | $34.86M | $69.85M | $10.59M | $51.28M | $92.36M | $89.00M | $71.00M | $101.00M | $92.00M | $124.00M | $-206.00M | $185.00M |
| Effective tax rate | 27.8% | 0.8% | 1073.7% | -0.1% | 208.4% | 3.1% | 9.9% | 8.7% | 8.7% | 10.4% | 2.3% | 13.8% | 17.7% | 48.9% | 44.7% | 14.1% | 8.9% | 13.5% | -25.8% | 18.1% |
| Net income | $141.16M | $508.64M | $-639.37M | $-6.14B | $18.59M | $596.22M | $488.76M | $277.05M | $365.59M | $600.80M | $444.08M | $319.56M | $428.53M | $93.00M | $88.00M | $613.00M | $936.00M | $793.00M | $1.01B | $838.00M |
| Net income growth (YoY) | — | +260.3% | -225.7% | -859.6% | +100.3% | +3106.5% | -18.0% | -43.3% | +32.0% | +64.3% | -26.1% | -28.0% | +34.1% | -78.3% | -5.4% | +596.6% | +52.7% | -15.3% | +26.9% | -16.7% |
| Profit margin | 0.9% | 2.7% | -2.3% | -19.8% | 0.1% | 2.1% | 1.7% | 1.2% | 1.4% | 2.3% | 1.8% | 1.3% | 1.7% | 0.4% | 0.4% | 2.5% | 3.8% | 2.8% | 3.8% | 3.2% |