Flex Ltd. Income Statement
FLEX / Information Technology|15 years of annual SEC 10-K data (FY2012-FY2026)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Flex Ltd. reported $26.4B in revenue and $1.0B in net income for FY2026. Revenue has grown at a 0.8% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
| Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $26.4B | $27.9B | $6.3B | $26.4B | $28.5B | $24.6B | $24.1B | $24.2B | $26.2B | $25.4B | $23.9B | $24.4B | $26.1B | $26.1B | $23.6B |
| Cost of Revenue | $24.4B | $25.3B | $23.6B | $24.4B | $26.5B | $22.8B | $22.3B | $22.7B | $24.6B | $23.8B | $22.3B | $22.8B | $24.6B | $24.6B | $22.2B |
| Gross Profit | $1.9B | $2.6B | $471.0M | $1.9B | $2.0B | $1.8B | $1.7B | $1.3B | $1.5B | $1.6B | $1.5B | $1.6B | $1.5B | $1.4B | $1.2B |
| SG&A Expense | $922.0M | $1.1B | $904.0M | $922.0M | $874.0M | $830.0M | $817.0M | $834.0M | $953.0M | $1.0B | $937.3M | $954.9M | $844.5M | $874.8M | $805.2M |
| R&D Expense | - | - | - | - | - | - | - | - | - | $78.2M | $65.6M | $61.0M | $26.3M | $30.0M | $78.9M |
| Operating Income | $853.0M | $1.4B | $233.0M | $853.0M | $1.0B | $890.0M | $795.0M | $415.0M | - | - | - | - | - | - | - |
| Interest Expense | $161.0M | $197.0M | $185.0M | $207.0M | $230.0M | $166.0M | $7.2M | $7.2M | $146.0M | $123.1M | $108.0M | $98.0M | $76.4M | $79.9M | $68.9M |
| Income Tax | -$206.0M | $263.0M | $185.0M | -$206.0M | $124.0M | $92.0M | $101.0M | $71.0M | $89.0M | $92.4M | $51.3M | $10.6M | $69.9M | $34.9M | $26.3M |
| Net Income | $1.0B | $880.0M | $139.0M | $1.0B | $793.0M | $936.0M | $613.0M | $88.0M | $93.0M | $428.5M | $319.6M | $444.1M | $600.8M | $365.6M | $128.5M |
| EPS (Basic) | $2.31 | $2.37 | $1.97 | $1.23 | $0.17 | $0.18 | $0.81 | $0.59 | $0.80 | $1.04 | $0.60 | $0.42 | $1.04 | $0.60 | $0.77 |
| EPS (Diluted) | $2.28 | $2.33 | $1.94 | $1.21 | $0.17 | $0.18 | $0.80 | $0.59 | $0.79 | $1.02 | $0.59 | $0.41 | $1.02 | $0.59 | $0.75 |
| Shares Outstanding | 377.8M | 377.8M | 450.1M | 460.6M | 492.6M | 497.4M | 516.5M | 528.1M | 531.3M | 544.8M | 563.3M | 591.4M | 591.6M | 638.9M | 683.7M |
| Gross Margin | 7.1% | 9.2% | 7.5% | 7.1% | 6.9% | 7.2% | 7.0% | 5.5% | 5.8% | 6.3% | 6.4% | 6.6% | 5.9% | 5.5% | 5.0% |
| Operating Margin | 3.2% | 4.9% | 3.7% | 3.2% | 3.6% | 3.6% | 3.3% | 1.7% | - | - | - | - | - | - | - |
| Profit Margin | 3.8% | 3.1% | 2.2% | 3.8% | 2.8% | 3.8% | 2.5% | 0.4% | 0.4% | 1.7% | 1.3% | 1.8% | 2.3% | 1.4% | 0.5% |