Flex Ltd. logo

Flex Ltd.

FLEX

NASDAQTechnologyHardware, Equipment & Parts

Previous close

$110.45

+$0.13 · +0.12%

Aug 21, 4:00 PM ET

FLEX company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

50

Fair Value

Momentum

48

Neutral

Sentiment

55

Mixed

Risk resilience

49

Elevated Risk

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Company profile

Company website

Flex Ltd. is a global provider offering extensive design, engineering, manufacturing, and supply chain management solutions to original equipment manufacturers (OEMs) across Asia, the Americas, and Europe. Its operations are structured into three primary segments: Flex Agility Solutions (FAS), Flex Reliability Solutions (FRS), and Nextracker. The company specializes in a range of cross-industry technologies, such as human-machine interfaces, Internet of Things (IoT) platforms, advanced power solutions, sensor fusion, and smart audio systems. A significant offering includes integrated solar tracker and software solutions tailored for utility-scale and ground-mounted distributed generation solar projects. Flex also delivers value-added design and engineering support, alongside comprehensive systems assembly and manufacturing services. These encompass enclosure fabrication, rigorous testing, and meticulous materials procurement and inventory management. Their product line features power components like chargers for smartphones and tablets, adapters for notebooks and gaming systems, and power supplies for server, storage, and networking markets. Furthermore, they provide full power solutions, including switchgear, busway, power distribution units, modular power systems, and related monitoring services. Beyond production, Flex offers end-to-end supply chain logistics, covering both forward and after-market services for computing, consumer digital, infrastructure, industrial, mobile, automotive, and medical sectors. Their reverse logistics and repair capabilities include returns management, exchange programs, complex repairs, asset recovery, recycling, and e-waste management. The company serves a broad spectrum of industries, including cloud computing, communications, enterprise, automotive, industrial, consumer devices, lifestyle, healthcare, and energy. Founded in 1990 in Singapore, the company was formerly known as Flextronics International Ltd. before adopting the name Flex Ltd. in September 2016.

Industry
Hardware, Equipment & Parts
Sector
Technology
Headquarters
US
CEO
Revathi Advaithi
Listed since
Mar 18, 1994
Employees
149,686

Market position

Day range

Current $110.45

52-week range

Current $110.45

Open
$112.21
Previous close
$110.32
Volume
2.77M
0.45× average
Average volume
6.16M
Average daily volume
Market cap
40.8B USD
Beta
1.67
Market reference 1
50-day average
$131.34
-15.91% below average
200-day average
$92.4707
+19.44% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
26.41B USD
P/E (TTM)
42.64×
P/B (TTM)
7.51×
P/S (TTM)
1.39×
EV / EBITDA
13.75×
Earnings yield
3.59%
Free cash flow yield
4.30%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
9.49%
Operating margin
5.17%
Net margin
3.32%
Return on equity
17.11%
Return on assets
3.99%
Return on invested capital
11.54%

Financial health

Debt / equity
1.08×
Current ratio
1.36×
Altman Z-score
2.97
Piotroski F-score
7 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends10%7%5%2%Gross margin, FY2022: 7.23%Gross margin, FY2023: 6.93%Gross margin, FY2024: 7.06%Gross margin, FY2025: 8.36%Gross margin, FY2026: 9.16%Operating margin, FY2022: 3.61%Operating margin, FY2023: 3.57%Operating margin, FY2024: 3.23%Operating margin, FY2025: 4.53%Operating margin, FY2026: 5.40%Net margin, FY2022: 3.80%Net margin, FY2023: 2.78%Net margin, FY2024: 3.81%Net margin, FY2025: 3.25%Net margin, FY2026: 3.15%FY2022FY2023FY2024FY2025FY2026
Gross margin FY2022 7.23%. Gross margin FY2023 6.93%. Gross margin FY2024 7.06%. Gross margin FY2025 8.36%. Gross margin FY2026 9.16%. Operating margin FY2022 3.61%. Operating margin FY2023 3.57%. Operating margin FY2024 3.23%. Operating margin FY2025 4.53%. Operating margin FY2026 5.40%. Net margin FY2022 3.80%. Net margin FY2023 2.78%. Net margin FY2024 3.81%. Net margin FY2025 3.25%. Net margin FY2026 3.15%.

Income trends

Revenue

27.91B USD+8.14%

Operating income

1.51B USD+28.83%

Net income

880M USD+5.01%
Income trends across reported periods31.27B USD20.19B USD9.11B USD−1.98B USDRevenue, FY2022: 24.63B USDRevenue, FY2023: 28.5B USDRevenue, FY2024: 26.42B USDRevenue, FY2025: 25.81B USDRevenue, FY2026: 27.91B USDOperating income, FY2022: 890M USDOperating income, FY2023: 1.02B USDOperating income, FY2024: 853M USDOperating income, FY2025: 1.17B USDOperating income, FY2026: 1.51B USDNet income, FY2022: 936M USDNet income, FY2023: 793M USDNet income, FY2024: 1.01B USDNet income, FY2025: 838M USDNet income, FY2026: 880M USDFY2022FY2023FY2024FY2025FY2026
Revenue FY2022 24.63B USD. Revenue FY2023 28.5B USD. Revenue FY2024 26.42B USD. Revenue FY2025 25.81B USD. Revenue FY2026 27.91B USD. Operating income FY2022 890M USD. Operating income FY2023 1.02B USD. Operating income FY2024 853M USD. Operating income FY2025 1.17B USD. Operating income FY2026 1.51B USD. Net income FY2022 936M USD. Net income FY2023 793M USD. Net income FY2024 1.01B USD. Net income FY2025 838M USD. Net income FY2026 880M USD.
Metric (USD)FY2026FY2025FY2024FY2023FY2022
Revenue27.91B USD25.81B USD26.42B USD28.5B USD24.63B USD
Cost of goods sold25.36B USD23.65B USD24.55B USD26.53B USD22.85B USD
Gross profit2.56B USD2.16B USD1.87B USD1.98B USD1.78B USD
Selling, general, and administrative1.05B USD904M USD922M USD874M USD830M USD
Operating expenses1.05B USD990M USD1.01B USD959M USD890M USD
Interest income51M USD61M USD56M USD30M USD14M USD
Interest expense215M USD218M USD161M USD191M USD160M USD
Depreciation and amortization563M USD539M USD537M USD501M USD484M USD
Operating income1.51B USD1.17B USD853M USD1.02B USD890M USD
Net income880M USD838M USD1.01B USD793M USD936M USD

Company facts updated Aug 24, 2026.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

25 ratings
Strong buy00%
Buy1872%
Hold728%
Sell00%
Strong sell00%

FLEX news

FLEX peers

ETFs holding FLEX

Funds reporting this stock among their holdings, ordered by reported position size.

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