Goodwill
Flex Ltd. Goodwill remained flat by 0.0% to $1.38B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 3.2%, from $1.33B to $1.38B. Over 4 years (FY 2021 to FY 2025), Goodwill shows an upward trend with a 5.3% CAGR.
Analysis
How to read this metric
High goodwill indicates a history of aggressive M&A; significant write-downs signal that acquired assets are underperforming expectations.
Detailed definition
Goodwill represents the premium paid over the fair market value of net identifiable assets during an acquisition. It ref...
Peer comparison
Common in industries with high M&A activity; peers are compared based on the ratio of goodwill to total equity.
goodwillHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.09B | $1.09B | $1.35B | $1.34B | $1.34B | $1.33B | $1.34B | $1.34B | $1.34B | $1.34B | $1.35B | $1.14B | $1.14B | $1.15B | $1.33B | $1.34B | $1.37B | $1.38B | $1.38B |
| QoQ Change | — | -0.8% | +24.1% | -0.3% | -0.4% | -0.8% | +1.1% | +0.2% | +0.1% | -0.5% | +0.8% | -15.8% | +0.4% | +0.6% | +16.2% | +0.7% | +2.1% | +0.4% | +0.0% |
| YoY Change | — | — | — | — | +22.1% | +22.1% | -0.4% | +0.1% | +0.6% | +0.9% | +0.6% | -15.5% | -15.3% | -14.3% | -1.2% | +18.1% | +20.2% | +20.0% | +3.2% |
Business Segments — Nextracker
| Segment | Q1 '23 |
|---|---|
| Nextracker | $204.00M |
| Total | $1.34B |
Nextracker was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Business Segments — FRS
Goodwill at Other Companies
Frequently Asked Questions
- What is Flex Ltd.'s goodwill?
- Flex Ltd. (FLEX) reported goodwill of $1.38B in Q4 2025.
- How has Flex Ltd.'s goodwill changed year-over-year?
- Flex Ltd.'s goodwill increased by 3.2% year-over-year, from $1.33B to $1.38B.
- What is the long-term trend for Flex Ltd.'s goodwill?
- Over 4 years (2021 to 2025), Flex Ltd.'s goodwill has grown at a 5.3% compound annual growth rate (CAGR), from $1.09B to $1.34B.
- What does goodwill mean?
- The premium paid for an acquisition above the value of its tangible and identifiable assets.