FLEX LTD.
Fiscal years labelled by the calendar year in which they end. Bars in $ billions; per-share figures as reported.
CAPITALIZATION 3/31/26
| ($ millions) | Amount | % |
|---|---|---|
| Total debt | 3,751 | 42.2 |
| Stockholders' equity | 5,144 | 57.8 |
| Total capitalization | 8,895 | 100.0 |
369,402,978 shares outstanding at 24 July 2026 (cover page of the 10-Q filed 31 July 2026).
LONG-TERM DEBT 3/31/26
| ($ millions) | Amount |
|---|---|
| Long-term debt, incl. current maturities | 3,751 |
| Long-term debt, noncurrent | 3,751 |
| Current maturities | 0 |
CAPITAL STOCK 3/31/26
| Common shares issued | 371,241,931 |
| Treasury shares | 5,551,640 |
| Outstanding at 7/24/26 | 369,402,978 |
DIVIDENDS DECLARED/PAID
| Fiscal year | Per share $ | Payout % |
|---|---|---|
| 2026 | – | – |
| 2025 | – | – |
| 2024 | – | – |
| 2023 | – | – |
| 2022 | – | – |
HISTORY AND BUSINESS
HISTORY: Incorporated in Singapore. Formerly known as FLEXTRONICS INTERNATIONAL LTD. (to 6 September 2016); FLEXTRONICS INTERNATIONAL LTD (to 31 May 2006).
BUSINESS: Classified by the SEC under Standard Industrial Classification 3672, Printed Circuit Boards. Large accelerated filer. Principal executive office: 12515-8 Research Blvd, Suite 300, Austin, TX 78759. Fiscal year ends March 31. For a description of the business, see Item 1 of the latest 10-K.
CONSOLIDATED INCOME ACCOUNT, YEARS ENDED
| ($ millions) | 3/31/26 | 3/31/25 | 3/31/24 |
|---|---|---|---|
| Revenues | 27,914 | 25,813 | 26,415 |
| Cost of revenues | 25,288 | 23,584 | 24,395 |
| Gross profit | 2,567 | 2,159 | 1,865 |
| Selling, general and administrative | 1,052 | 904 | 922 |
| Depreciation and amortization | 457 | 439 | 431 |
| Operating income | 1,368 | 1,169 | 853 |
| Interest expense | 215 | 218 | 207 |
| Income before income taxes | 1,143 | 1,023 | 666 |
| Income taxes | 263 | 185 | (206) |
| Net income | 880 | 838 | 1,006 |
| Earned per share, diluted ($) | 2.33 | 2.11 | 2.28 |
| Dividends per share ($) | – | – | – |
CONSOLIDATED BALANCE SHEET
| ($ millions) | 3/31/26 | 3/31/25 |
|---|---|---|
| Cash and equivalents | 2,389 | 2,289 |
| Receivables, net | 4,679 | 3,671 |
| Inventories | 5,845 | 5,071 |
| Total current assets | 16,332 | 12,841 |
| Property, plant and equipment, net | 2,505 | 2,330 |
| Goodwill | 1,369 | 1,341 |
| Total assets | 22,060 | 18,381 |
| Total current liabilities | 12,016 | 9,850 |
| Long-term debt | 3,751 | 2,483 |
| Total liabilities | 16,916 | 13,379 |
| Stockholders' equity | 5,144 | 5,002 |
| Total liabilities and equity | 22,060 | 18,381 |
TEN-YEAR STATISTICS: FISCAL YEARS ($ millions except per share)
| Fiscal year ended | Revenues | Oper. income | Net income | Net margin % | EPS diluted $ | Div. per share $ | Oper. cash flow | Capital expend. | Free cash flow | Total assets | Total liabilities | Total debt | Stockholders' equity | ROE % | Debt / equity |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 3/31/26 | 27,914 | 1,368 | 880 | 3.2 | 2.33 | – | 1,685 | 633 | 1,052 | 22,060 | 16,916 | 3,751 | 5,144 | 17.1 | 0.73 |
| 3/31/25 | 25,813 | 1,169 | 838 | 3.2 | 2.11 | – | 1,505 | 438 | 1,067 | 18,381 | 13,379 | 3,692 | 5,002 | 16.8 | 0.74 |
| 3/31/24 | 26,415 | 853 | 1,006 | 3.8 | 2.28 | – | 1,326 | 530 | 796 | 18,257 | 12,932 | 3,261 | 5,325 | 18.9 | 0.61 |
| 3/31/23 | 28,502 | 1,017 | 793 | 2.8 | 1.72 | – | 950 | 635 | 315 | 21,407 | 15,701 | 3,694 | 5,351 | 14.8 | 0.69 |
| 3/31/22 | 24,633 | 890 | 936 | 3.8 | 1.94 | – | 1,024 | 443 | 581 | 19,325 | 15,118 | 4,197 | 4,129 | 22.7 | 1.02 |
| 3/31/21 | 24,124 | 795 | 613 | 2.5 | 1.21 | – | 144 | 351 | (207) | 15,836 | 12,400 | 3,804 | 3,436 | 17.8 | 1.11 |
| 3/31/20 | 24,210 | 415 | 88 | 0.4 | 0.17 | – | (1,533) | 462 | (1,995) | 13,690 | 10,859d | 2,852 | 2,831 | 3.1 | 1.01 |
| 3/31/19 | 26,211 | – | 93 | 0.4 | 0.18 | – | (2,971) | 726 | (3,697) | 13,499 | 10,526d | 3,065 | 2,973 | 3.1 | 1.03 |
| 3/31/18 | 25,441 | – | 429 | 1.7 | 0.80 | – | (3,866) | 562 | (4,428) | 13,716 | 10,697d | 2,954 | 3,019 | 14.2 | 0.98 |
| 3/31/17 | 23,863 | – | 320 | 1.3 | 0.59 | – | (3,822) | 525 | (4,347) | 12,593 | 9,915d | 2,968 | 2,645 | 12.1 | 1.12 |
Net margin = net income ÷ revenues; ROE = net income ÷ year-end stockholders’ equity; total debt = long-term debt including current maturities plus short-term borrowings/commercial paper, as tagged in XBRL; free cash flow = operating cash flow − purchases of property, plant and equipment; d = derived as total assets − total equity where the filing does not tag total liabilities; – = not reported in XBRL for that year.
REGISTRANT:
FLEX LTD.
CIK 866374 · EIN 98-1773351
PRINCIPAL OFFICE:
12515-8 Research Blvd, Suite 300, Austin, TX 78759
Tel.: (512) 425-7929
INCORPORATED:
Singapore
INDUSTRY (SEC SIC CODE):
3672 · Printed Circuit Boards
FILER STATUS:
Large accelerated filer
LATEST ANNUAL REPORT:
10-K for period ended 3/31/26, filed 20 May 2026
FORMER NAMES:
FLEXTRONICS INTERNATIONAL LTD.; FLEXTRONICS INTERNATIONAL LTD
Sources: SEC XBRL company facts (all financial figures) · SEC submissions (registrant, address, SIC, filings) · annual reports: 10-K FY2026 (filed 5/20/26) · 10-K FY2025 (filed 5/21/25) · 10-K FY2024 (filed 5/17/24) · 10-K FY2023 (filed 5/19/23) · 10-K FY2022 (filed 5/20/22) · 10-K FY2021 (filed 5/19/21) · 10-K FY2020 (filed 5/28/20) · 10-K FY2019 (filed 5/21/19). Values are the latest figures filed for each fiscal year (restated where a later 10-K restated them). Ratios and free cash flow are Pathos calculations from those figures. Retrieved 31 October 2026.
Data from SEC filings. © 2026 Pathos Investments · pathosinvestments.com · For educational purposes only. Not investment advice.