Flex Ltd.
FLEX Technology Electronic Components
Flex Ltd.’s revenue for fiscal 2026 (year ended March 2026) was $27.9 billion, up 8.14% from fiscal 2025. In the quarter to June 2026, revenue grew 20.6%, EPS grew 52.0%, free cash flow fell 84.7% and total debt rose 41.8%, each against the same quarter a year earlier. Member of the S&P 500; operating cash flow growth for three consecutive years.
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A Balance Sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and shareholders' equity at a specific point in time. It follows the formula: Assets = Liabilities + Shareholders' Equity. Key components include current and non-current assets, current and long-term liabilities, and equity. The Balance Sheet helps businesses and investors evaluate financial stability, liquidity, and capital structure. It's essential for assessing the company's ability to meet its obligations and fund future operations.
| Mar '26 | Mar '25 | Mar '24 | Mar '23 | Mar '22 | Mar '21 | Mar '20 | Mar '19 | Mar '18 | Mar '17 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash and Short Term Investments |
2,389.00 | 2,289.00 | 2,474.00 | 3,164.00 | 2,964.00 | 2,637.00 | 1,923.00 | 1,696.63 | 1,472.42 | 1,830.68 |
Receivables |
4,679.00 | 3,671.00 | 3,033.00 | 3,480.00 | 3,371.00 | 3,959.00 | 2,436.00 | 2,612.96 | 2,517.70 | 2,192.70 |
Inventory |
5,845.00 | 5,071.00 | 6,205.00 | 7,388.00 | 6,580.00 | 3,895.00 | 3,785.00 | 3,722.85 | 3,799.83 | 3,396.46 |
Other current assets |
3,419.00 | 1,810.00 | 1,280.00 | 1,118.00 | 1,422.00 | 872.00 | 942.00 | 1,070.99 | 1,380.47 | 967.94 |
Total current assets |
16,332.00 | 12,841.00 | 12,992.00 | 16,033.00 | 14,337.00 | 11,363.00 | 9,086.00 | 9,103.43 | 9,170.41 | 8,387.78 |
Property, Plant, Equpment (Net) |
2,505.00 | 2,330.00 | 2,269.00 | 2,342.00 | 2,125.00 | 2,097.00 | 2,216.00 | 2,336.21 | 2,239.51 | 2,317.03 |
Goodwill and Intangible Assets (Total) |
1,652.00 | 1,684.00 | 1,380.00 | 1,454.00 | 1,753.00 | 1,303.00 | 1,327.00 | 1,404.05 | 1,545.60 | 1,347.05 |
Long-term assets (Other) |
912.00 | 964.00 | 1,015.00 | 490.00 | 473.00 | 431.00 | 456.00 | 655.67 | 760.33 | 541.51 |
Total non-current assets |
5,728.00 | 5,540.00 | 5,265.00 | 5,374.00 | 4,988.00 | 4,473.00 | 4,604.00 | 4,395.94 | 4,545.44 | 4,205.59 |
Total Assets |
22,060.00 | 18,381.00 | 18,257.00 | 21,407.00 | 19,325.00 | 15,836.00 | 13,690.00 | 13,499.37 | 13,715.86 | 12,593.36 |
Accounts Payable |
8,055.00 | 5,147.00 | 4,468.00 | 5,724.00 | 6,254.00 | 5,247.00 | 5,108.00 | 5,147.24 | 5,122.30 | 4,484.91 |
Accrued Expenses |
671.00 | 560.00 | 488.00 | 506.00 | 470.00 | 473.00 | 364.00 | 391.59 | 383.33 | 344.25 |
Current Part of Debt |
— | 1,209.00 | — | 150.00 | 949.00 | 268.00 | 149.00 | 632.61 | 43.01 | 61.53 |
Current Revenue (Deferred) |
2,156.00 | 1,957.00 | 2,615.00 | 2,955.00 | 2,002.00 | 848.00 | — | — | — | — |
Other current liabilities |
1,134.00 | 977.00 | 968.00 | 1,019.00 | 1,036.00 | 998.00 | 1,590.00 | 1,426.08 | 1,719.42 | 1,613.94 |
Total current liabilities |
12,016.00 | 9,850.00 | 8,539.00 | 10,867.00 | 10,711.00 | 7,834.00 | 7,211.00 | 7,597.51 | 7,268.06 | 6,504.63 |
Long Term Debt (Total) |
3,751.00 | 2,483.00 | 3,261.00 | 3,544.00 | 3,248.00 | 3,515.00 | 2,689.00 | 2,421.90 | 2,897.63 | 2,890.61 |
Minority Interests |
— | — | — | — | 78.00 | — | — | — | — | — |
Non-current Liabilities (Other) |
584.00 | 590.00 | 642.00 | 554.00 | 608.00 | 489.00 | 430.00 | 507.59 | 531.59 | 519.85 |
Total non-current liabilities |
4,900.00 | 3,529.00 | 4,393.00 | 4,834.00 | 4,485.00 | 4,566.00 | 3,648.00 | 2,929.49 | 3,429.22 | 3,410.46 |
Total liabilities |
16,916.00 | 13,379.00 | 12,932.00 | 15,701.00 | 15,196.00 | 12,400.00 | 10,859.00 | 10,527.01 | 10,697.29 | 9,915.09 |
Common Stock (Net) |
3,347.00 | 4,142.00 | 5,074.00 | 6,493.00 | 6,052.00 | 6,232.00 | 6,336.00 | 6,523.75 | 6,636.75 | 6,733.54 |
Retained Earnings |
2,164.00 | 1,284.00 | 446.00 | (560.00) | (1,353.00) | (2,289.00) | (2,902.00) | (3,012.01) | (3,144.11) | (3,572.65) |
Treasury Stock |
200.00 | 200.00 | — | 388.00 | 388.00 | 388.00 | 388.00 | 388.22 | 388.22 | 388.22 |
Common Equity (Total) |
5,144.00 | 5,002.00 | 5,325.00 | 5,706.00 | 4,129.00 | 3,436.00 | 2,831.00 | 2,972.36 | 3,018.57 | 2,678.28 |
Shareholders Equity (Total) |
5,144.00 | 5,002.00 | 5,325.00 | 5,706.00 | 4,129.00 | 3,436.00 | 2,831.00 | 2,972.36 | 3,018.57 | 2,678.28 |
Shareholders Equity and Liabilities (Total) |
22,060.00 | 18,381.00 | 18,257.00 | 21,407.00 | 19,325.00 | 15,836.00 | 13,690.00 | 13,499.37 | 13,715.86 | 12,593.36 |
Shares (Common) |
365.69 | 377.82 | 408.10 | 450.12 | 460.56 | 492.57 | 497.43 | 516.55 | 528.08 | 531.30 |
Shareholders Equity (Tangible) |
3,492.00 | 3,318.00 | 3,945.00 | 4,252.00 | 2,376.00 | 2,133.00 | 1,504.00 | 1,568.31 | 1,472.97 | 1,331.23 |
Net Debt |
1,362.00 | 1,403.00 | 787.00 | 530.00 | 1,233.00 | 1,146.00 | 915.00 | 1,357.89 | 1,468.22 | 1,121.47 |
Total Debt |
3,751.00 | 3,692.00 | 3,261.00 | 3,694.00 | 4,197.00 | 3,783.00 | 2,838.00 | 3,054.52 | 2,940.64 | 2,952.14 |