Flex: revenue, profit and cash flow

In fiscal 2026, Flex had revenue of $27.9B, up 1.3% a year on average since 2016, and net income of $880M (3.2% of revenue). It has 33% fewer shares than in 2016.

Revenue, fiscal 2026

$27.9B+1.3% a year

average annual revenue growth since 2016 · +8.1% vs 2025

Net income, 2026

$880M

3.2% of revenue

Diluted EPS, 2026

$2.33

11.4% a year since 2016

Revenue growth, 5 years

3.0% a year

since 2021

Shares, 2026

378M

−33.1% since 2016

Free cash flow, 2026

$1.05B

$1.69B from operations − $633M capex

Ticker: FLEX · Nasdaq
Sector: Information Technology
Sub-industry: Electronic Manufacturing Services
Headquarters: Austin, Texas
Founded: 1969
In the S&P 500 since: June 22, 2026
Latest fiscal year: 2026, ended March 31, 2026
SEC filer: Flex Ltd. · CIK 0000866374

Revenue and net income

Revenue went from $27.6B in 2008 to $27.9B in 2026. Net loss in 2008–2009.

RevenueNet income

Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from −$0.95 in 2008 to $2.33 in 2026. Ten-year growth: 11.4% a year.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

33.1% fewer shares in 2026 than in 2016 (565M → 378M): buybacks outweighed new shares.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was $1.05B in 2026, 3.8% of revenue. Negative in 2017–2021.

Operating cash flowCapital expenditureFree cash flow

Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal year	Revenue	Net income	Net margin	Diluted EPS	Shares	Operating cash flow	Capex	Free cash flow
2026	$27.9B	$880M	3.2%	$2.33	378M	$1.69B	$633M	$1.05B
2025	$25.8B	$838M	3.2%	$2.11	398M	$1.5B	$438M	$1.07B
2024	$26.4B	$1.01B	3.8%	$2.28	441M	$1.33B	$530M	$796M
2023	$28.5B	$793M	2.8%	$1.72	462M	$950M	$635M	$315M
2022	$24.6B	$936M	3.8%	$1.94	483M	$1.02B	$443M	$581M
2021	$24.1B	$613M	2.5%	$1.21	506M	$144M	$351M	−$207M
2020	$24.2B	$88M	0.4%	$0.17	512M	−$1.53B	$462M	−$2.0B
2019	$26.2B	$93M	0.4%	$0.18	530M	−$2.97B	$726M	−$3.7B
2018	$25.4B	$429M	1.7%	$0.80	537M	−$3.87B	$562M	−$4.43B
2017	$23.9B	$320M	1.3%	$0.59	546M	−$3.82B	$525M	−$4.35B
2016	$24.4B	$444M	1.8%	$0.79	565M	$1.14B	$511M	$626M
2015	$26.1B	$601M	2.3%	$1.02	592M	$794M	$347M	$447M
2014	$26.1B	$366M	1.4%	$0.59	623M	$1.22B	$610M	$607M
2013	$23.6B	$277M	1.2%	$0.41	675M	$1.12B	$489M	$626M
2012	$29.3B	$489M	1.7%	$0.67	728M	$804M	$437M	$367M
2011	$28.7B	$596M	2.1%	$0.75	790M	$857M	$471M	$387M
2010	$24.1B	$18.6M	0.1%	$0.02	821M	$799M	$235M	$564M
2009	$30.9B	−$6.14B	−19.8%	−$7.47	821M	—	—	—
2008	$27.6B	−$681M	−2.5%	−$0.95	721M	—	—	—

Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.

About these figures

No dividends per share in the filings data. Usually that means no dividend, but some companies report theirs in a form the data do not capture.
Older years are as filed at the time and may predate later restatements, mergers or spin-offs. How the figures are made.

Other Electronic Manufacturing Services companies

revenue $17.3B (2025)

All 76 Information Technology companies

Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.