Flex revenue and financials
$117.73Change from previous close: +0.83%Absolute change: +$0.97
In the fiscal year ended March 2026, Flex reported revenue of $27.91B (+8.14% year over year). Net income was $880M, a net margin of 3.2%.
Fiscal year ending in March. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +8.14%
- FY to Mar 2026 vs FY to Mar 2025
- Net income growth
- +5.01%
- FY to Mar 2026 vs FY to Mar 2025
- Net margin
- 3.2%
- FY to Mar 2025: 3.2%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | FY to Mar 2026 | FY to Mar 2025 | FY to Mar 2024 | FY to Mar 2023 | FY to Mar 2022 | FY to Mar 2021 | FY to Mar 2020 | FY to Mar 2019 | FY to Mar 2018 | FY to Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 27,914 | 25,813 | 26,415 | 28,502 | 24,633 | 24,124 | 24,210 | 26,211 | 25,441 | 23,863 |
| Cost of revenue | 25,288 | 23,584 | 24,395 | 26,503 | 22,838 | 22,349 | 22,681 | 24,594 | 23,778 | 22,303 |
| Gross profit | 2,567 | 2,159 | 1,865 | 1,976 | 1,780 | 1,687 | 1,339 | 1,518 | 1,596 | 1,521 |
| Selling, general and administrative | 1,052 | 904 | 922 | 874 | 830 | — | — | — | — | — |
| Research and development | — | — | — | — | — | — | — | — | 78.2 | 65.6 |
| Operating income | 1,368 | 1,169 | 853 | 1,017 | 890 | 795 | 415 | — | — | — |
| EBIT | 1,506 | 1,255 | 1,028 | 1,044 | 905 | — | — | — | — | — |
| EBITDA | 2,060 | 1,784 | 1,551 | 1,545 | 1,388 | — | — | — | — | — |
| Interest expense | 215 | 218 | 207 | 230 | 166 | — | 7.2 | — | 123 | 108 |
| Pre-tax income | 1,143 | 1,023 | 666 | 807 | 964 | — | — | — | — | — |
| Income tax | 263 | 185 | -206 | 124 | 92.0 | 101 | 71.0 | 89.0 | 92.4 | 51.3 |
| Net income | 880 | 838 | 1,006 | 793 | 936 | 613 | 88.0 | 93.0 | 429 | 320 |
| Net income to common shareholders | 880 | 838 | 1,006 | 793 | 936 | — | — | — | — | — |
| Basic EPS | 2.37 | 2.14 | 2.31 | 1.75 | 1.97 | 1.23 | 0.17 | 0.18 | 0.81 | 0.59 |
| Diluted EPS | 2.33 | 2.11 | 2.28 | 1.72 | 1.94 | 1.21 | 0.17 | 0.18 | 0.80 | 0.59 |
| Average shares (basic) | 371 | 391 | 435 | 454 | 476 | — | — | — | — | — |
| Average shares (diluted) | 378 | 398 | 441 | 462 | 483 | 506 | 512 | 530 | 537 | 546 |
