Financial Statements · From SEC 10-K & 10-Q XBRL Filings
Flex Ltd. Revenue & Financial Statements
Flex Ltd. reported revenue of $25.8B for the fiscal year ended March 31, 2025, down 2.3% year over year, with net income of $809.0M and diluted EPS of $2.11.
- Company
- Flex Ltd. FLEX · NASDAQ
- Latest fiscal year
- FY ended Mar 31, 2025
- Statements
- Income · Balance Sheet · Cash Flow — 5 fiscal years, 8 quarters
Income Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Revenue | 24.1B | 26.0B | (201.0M) | 26.4B | 25.8B |
| Cost of revenue | 22.3B | 24.1B | 28.1B | 24.4B | 23.6B |
| Gross profit | 1.7B | 1.9B | 2.3B | 1.9B | 2.2B |
| Operating income | — | 972.0M | 1.2B | 853.0M | 1.2B |
| Pretax income | 472.0M | 693.0M | 875.0M | 831.0M | 929.0M |
| Net income | 709.0M | 873.0M | 781.0M | 1.0B | 809.0M |
| Diluted EPS | 1.21 | 1.94 | 1.72 | 2.28 | 2.11 |
| EBITDA | — | 1.4B | 1.6B | 1.3B | 1.6B |
Quarterly
| USD | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q1 '25 | Q2 '25 | Q3 '25 |
|---|---|---|---|---|---|---|---|---|
| Revenue | (35.0M) | (36.0M) | 6.3B | 6.5B | 6.6B | 6.6B | 6.8B | 7.1B |
| Cost of revenue | 6.8B | 6.4B | 5.8B | 6.0B | 6.0B | 6.0B | 6.2B | 6.4B |
| Gross profit | 665.0M | 642.0M | 471.0M | 531.0M | 594.0M | 572.0M | 614.0M | 679.0M |
| Operating income | 376.0M | 348.0M | 233.0M | 297.0M | 334.0M | 311.0M | 296.0M | 389.0M |
| Pretax income | 325.0M | 307.0M | 192.0M | 264.0M | 288.0M | 246.0M | 262.0M | — |
| Net income | 157.0M | 295.0M | 96.0M | 279.0M | 157.0M | 300.0M | 204.0M | 239.0M |
| Diluted EPS | 0.51 | 0.45 | 0.34 | 0.54 | 0.67 | 0.50 | 0.52 | 0.64 |
| EBITDA | — | 478.0M | 359.0M | — | 478.0M | 453.0M | 410.0M | 524.0M |
Balance Sheet
Fiscal year-end snapshots. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Total assets | 15.8B | 19.3B | 21.4B | 18.3B | 18.4B |
| Current assets | 11.4B | 14.3B | 16.0B | 13.0B | 12.8B |
| Cash & equivalents | 2.6B | 3.0B | 3.3B | 2.5B | 2.3B |
| Total liabilities | — | 15.1B | 15.7B | 12.9B | 13.4B |
| Current liabilities | 7.8B | 10.7B | 10.9B | 8.5B | 9.8B |
| Long-term debt | 3.5B | 3.2B | 3.7B | 3.3B | 2.5B |
| Total debt | 3.8B | 4.2B | 3.8B | 3.3B | 3.7B |
| Stockholders’ equity | — | — | 5.4B | 5.3B | 5.0B |
| Net debt | 1.1B | 1.2B | 547.0M | 787.0M | 1.4B |
Cash Flow Statement
Annual, as reported in 10-K filings. Values in USD.
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| Operating cash flow | 144.0M | 1.0B | 950.0M | 1.3B | 1.5B |
| Investing cash flow | (202.0M) | (951.0M) | (604.0M) | (492.0M) | (838.0M) |
| Financing cash flow | 743.0M | 280.0M | 2.0M | (1.7B) | (821.0M) |
| Capital expenditure | 351.0M | 443.0M | 635.0M | 530.0M | 438.0M |
| Free cash flow | (207.0M) | 581.0M | 315.0M | 796.0M | 1.1B |
| Dividends paid | — | — | — | — | — |
| Stock-based compensation | 79.0M | 91.0M | 133.0M | 152.0M | 125.0M |
Figures are parsed from SEC XBRL company facts and may be derived where issuers report year-to-date values (quarterly figures differenced; Q4 computed as FY minus Q3). Fiscal periods follow each company's fiscal calendar, not calendar years. Historical fact, not investment advice — verify with official SEC filings.
Every FLEX filing, connected
Financials beside price, insider trades, and 8-K events — with alerts the moment something new is filed.