Flex revenue and financials
$118.51Change from previous close: +1.50%Absolute change: +$1.75
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 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 276 | 413 | 420 | 453 | 399 | 433 | 413 | 319 | 340 | 679 | 284 | 357 |
| Depreciation and amortization | 139 | 119 | 137 | 156 | 136 | 126 | 146 | 131 | 126 | 133 | 130 | 127 |
| Capital expenditure | -236 | -202 | -148 | -150 | -133 | -112 | -112 | -103 | -111 | -81.0 | -130 | -152 |
| Investing cash flow | -1,279 | -200 | -138 | -155 | -179 | -197 | -435 | -124 | -82.0 | -78.0 | -117 | -142 |
| Financing cash flow | 1,455 | -878 | 529 | -292 | -283 | -297 | -203 | 147 | -468 | -888 | -308 | 26.0 |
| Share repurchases | — | -200 | -200 | -297 | -247 | -299 | -201 | -300 | -457 | -517 | -275 | -309 |
| Debt issued | 2,830 | 0.0 | 751 | — | 500 | 0.0 | — | 499 | — | — | — | — |
| Debt repaid | -1,385 | -675 | -7.0 | -3.0 | -532 | 0.0 | -1.0 | -16.0 | -41.0 | -11.0 | — | -155 |
| Effect of exchange rates | -1.0 | -3.0 | -3.0 | 4.0 | 13.0 | 17.0 | -43.0 | 16.0 | -21.0 | -3.0 | 5.0 | -1.0 |
| Net change in cash | 451 | -668 | 808 | 10.0 | -50.0 | -44.0 | -268 | 358 | -231 | -290 | -136 | 240 |
| Free cash flow | 40.0 | 211 | 272 | 303 | 266 | 321 | 301 | 216 | 229 | 598 | 154 | 205 |
| Levered free cash flow | 61.8 | 20.9 | 221 | 316 | 276 | 116 | 285 | 124 | 409 | 847 | -108 | 85.9 |