Flex revenue and financials
$118.31Change from previous close: +1.33%Absolute change: +$1.55
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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 7,928 | 7,477 | 7,058 | 6,804 | 6,575 | 6,398 | 6,556 | 6,545 | 6,314 | 6,169 | 6,421 | 6,933 |
| Cost of revenue | 7,177 | 6,747 | 6,373 | 6,181 | 5,987 | 5,807 | 5,952 | 5,998 | 5,827 | 5,658 | 5,927 | 6,411 |
| Gross profit | 751 | 730 | 685 | 623 | 588 | 591 | 604 | 547 | 487 | 511 | 494 | 522 |
| Selling, general and administrative | 334 | 289 | 270 | 260 | 233 | 234 | 241 | 216 | 213 | 261 | 205 | 221 |
| Operating income | 394 | 425 | 400 | 347 | 334 | 336 | 346 | 315 | 258 | 234 | 272 | 284 |
| EBIT | 394 | 425 | 400 | 347 | 334 | 336 | 346 | 315 | 258 | 234 | 272 | 284 |
| EBITDA | 533 | 544 | 537 | 503 | 470 | 462 | 492 | 446 | 384 | 367 | 402 | 411 |
| Interest expense | 60.0 | 54.0 | 58.0 | 52.0 | 51.0 | 52.0 | 57.0 | 53.0 | 56.0 | 52.0 | 50.0 | 49.0 |
| Pre-tax income | 377 | 315 | 320 | 262 | 246 | 279 | 288 | 264 | 192 | 117 | 152 | 233 |
| Income tax | 92.0 | 65.0 | 81.0 | 63.0 | 54.0 | 57.0 | 25.0 | 50.0 | 53.0 | -278 | 23.0 | 32.0 |
| Net income | 285 | 250 | 239 | 199 | 192 | 222 | 263 | 214 | 139 | 395 | 197 | 228 |
| Net income to common shareholders | 285 | 250 | 239 | 199 | 192 | 222 | 263 | 214 | 139 | 395 | 197 | 228 |
| Basic EPS | 0.78 | 0.67 | 0.65 | 0.53 | 0.51 | 0.57 | 0.68 | 0.54 | 0.35 | 0.93 | 0.46 | 0.51 |
| Diluted EPS | 0.76 | 0.67 | 0.64 | 0.52 | 0.50 | 0.57 | 0.67 | 0.54 | 0.34 | 0.93 | 0.45 | 0.51 |
| Average shares (basic) | 366 | 374 | 369 | 374 | 374 | 389 | 387 | 394 | 402 | 425 | 431 | 443 |
| Average shares (diluted) | 374 | 374 | 376 | 380 | 381 | 389 | 394 | 400 | 411 | 425 | 436 | 448 |
