Flex LTD. income statement & cash flow
In the fiscal year ended Mar 31, 2026, Flex LTD. reported net income of $880.00M on revenue of $27.91B. Operating cash flow was $1.69B and capital expenditures were $633.00M, leaving $1.05B of free cash flow (operating cash flow minus capital expenditures).
Income statement and cash flow summary
| Fiscal year ended | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $23.86B | $25.44B | $26.21B | $24.21B | $24.12B | $24.63B | $28.50B | $26.41B | $25.81B | $27.91B |
| Gross profit | $1.52B | $1.60B | $1.52B | $1.34B | $1.69B | $1.78B | $1.98B | $1.86B | $2.16B | $2.57B |
| Operating income | — | — | — | $415.00M | $795.00M | $890.00M | $1.02B | $853.00M | $1.17B | $1.37B |
| Net income | $319.56M | $428.53M | $93.00M | $88.00M | $613.00M | $936.00M | $793.00M | $1.01B | $838.00M | $880.00M |
| Diluted EPS | $0.59 | $0.80 | $0.18 | $0.17 | $1.21 | $1.94 | $1.72 | $2.28 | $2.11 | $2.33 |
| Operating cash flow | −$3.82B | −$3.87B | −$2.97B | −$1.53B | $144.00M | $1.02B | $950.00M | $1.33B | $1.50B | $1.69B |
| Capital expenditures | $525.11M | $562.00M | $726.00M | $462.00M | $351.00M | $443.00M | $635.00M | $530.00M | $438.00M | $633.00M |
| Reported in | 10-K 2019 | 10-K 2020 | 10-K 2021 | 10-K 2022 | 10-K 2023 | 10-K 2024 | 10-K 2025 | 10-K 2026 | 10-K 2026 | 10-K 2026 |
Margins
Each figure divided by revenue for the same fiscal year.
| Fiscal year ended | Gross margin | Operating margin | Net margin |
|---|---|---|---|
| Mar 2026 | 9.2% | 4.9% | 3.2% |
| Mar 2025 | 8.4% | 4.5% | 3.2% |
| Mar 2024 | 7.1% | 3.2% | 3.8% |
| Mar 2023 | 6.9% | 3.6% | 2.8% |
| Mar 2022 | 7.2% | 3.6% | 3.8% |
Source: SEC EDGAR XBRL company facts for CIK 866374 (raw data). Most recent filing in this dataset: 10-Q filed Oct 30, 2026. SEC data file dated Nov 3, 2026; page built Nov 5, 2026. Figures are as most recently reported, including restatements. How we select figures.