Friday 6 November 2026 Export FLEX’s income statement to Excel — free account

Flex Ltd.

Flex Ltd.’s revenue for fiscal 2026 (year ended March 2026) was $27.9 billion, up 8.14% from fiscal 2025.

Revenue: +24.8%
EPS: +34.6%
Free cash flow: −14.4%
Total debt: +41.3%

Quarter to September 2026, against a year earlier

67.26 9.98 −12.92%

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Market cap: $24.7B
P/E: 24.3×
Fwd P/E: 23.9×
Dividend yield: —
F-score: 6/9
Altman Z: 2.70
Beneish M: −2.56
Dividend safety: n/a

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Flex Ltd. (FLEX) revenue by segment, product and region

Where the money comes from and where it goes

Fiscal 2026: revenue by segment, and margins
ITS	11,109	39.80%
RMS	10,191	36.51%
CPI	6,614	23.69%
Gross margin		9.20%
Operating margin		4.90%
Pre-tax margin		4.09%

Revenue by segment $m

Line	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013
ITS	11,109 39.80%	11,336 43.92%	12,636 47.84%	—	—	—	—	—	—	—	—	—	—	—
RMS	10,191 36.51%	9,678 37.49%	10,535 39.88%	—	—	—	—	—	—	—	—	—	—	—
CPI	6,614 23.69%	4,799 18.59%	3,244 12.28%	—	—	—	—	—	—	—	—	—	—	—
FAS	—	—	—	15,769 55.33%	14,027 56.94%	13,493 55.93%	14,053 58.05%	16,855 64.31%	—	—	—	—	—	—
FRS	—	—	—	12,733 44.67%	10,606 43.06%	9,495 39.36%	9,053 37.39%	9,356 35.69%	—	—	—	—	—	—
Nextracker LLC	—	—	—	—	—	1,195 4.95%	1,171 4.84%	—	—	—	—	—	—	—
I E I	—	—	—	—	—	—	—	—	7,729 30.38%	8,383 35.13%	4,681 19.17%	4,459 17.05%	3,788 14.51%	3,763 15.96%
H R S	—	—	—	—	—	—	—	—	6,970 27.40%	6,362 26.66%	3,899 15.97%	3,557 13.60%	3,275 12.54%	2,835 12.03%
C T G	—	—	—	—	—	—	—	—	5,972 23.48%	4,968 20.82%	6,998 28.66%	8,940 34.19%	9,358 35.84%	7,037 29.86%
Communications and Enterprise Compute	—	—	—	—	—	—	—	—	4,769 18.75%	4,149 17.39%	8,842 36.21%	9,191 35.15%	9,688 37.11%	9,935 42.15%
Revenue	27,914	25,813	26,415	28,502	24,633	24,124	24,210	26,211	25,441	23,863	24,419	26,148	26,109	23,569

Operating income by segment $m, and margin

	FY2026	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013
FAS	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
FRS	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Nextracker LLC	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and Other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Communications and Enterprise Compute	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
C T G	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
I E I	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
H R S	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Corporate and other	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
Operating income	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡
	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡	‡

As each company reports them in its 10-K and 10-Q filings, in US dollars. Where a later filing recast a year's segments, the year is shown as recast; a period whose breakdown does not add up to the company's revenue is left out.