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Flex Ltd. FLEX Q3 2025 earnings

Reported January 29, 2025 · Before market open

Revenue estimate$6.1B
EPS estimate$0.64

Next report

Jul 29, 2026 (In 2 weeks)
Revenue estimate$7.5B
EPS estimate$0.93

Financials

Q3 2025

Income statement

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Revenue$6.6B+2.1%
Gross profit$604.0M+22.3%
Operating income$334.0M+68.7%
Net income$263.0M+33.5%
EPS (diluted)$0.67+48.9%

Balance sheet

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Cash & equivalents$2.3B-15.6%
Total debt$4.2B+5.5%
Total equity$5.0B-16.3%
Total assets$18.3B-10.3%

Cash flow

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Operating cash flow$413.0M+45.4%
CapEx$112.0M-13.8%
Free cash flow$301.0M+95.5%

Valuation & ratios

Valuation

as of 12/31/24
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Market cap$14.89B+12.8%
Enterprise value$16.71B+16.2%
P/E14.7×-2.8×
P/S0.6×+0.1×

Profitability

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Gross margin8.1%+0.9pp
Operating margin4%+0.6pp
Net margin4%+1.2pp
FCF margin5.3%+3.5pp

Returns & leverage

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Return on equity18.5%+4.1pp
Debt / equity0.8×+0.2×
Current ratio1.4×-0.2×

Segments

By segment

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ITS$2.8B
RMS$2.4B
CPI$1.2B

By geography

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Americas$3.2B+3.5%
Asia$1.9B-9.8%
Europe$1.4B-3.3%

Versus estimates

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Questions, answered.

When did Flex Ltd. report Q3 2025 earnings?
Flex Ltd. (FLEX) reported Q3 2025 earnings on January 29, 2025 before market open.
What were Flex Ltd.'s Q3 2025 revenue and EPS?
Flex Ltd. reported revenue of $6.6B and diluted EPS of $0.77 for Q3 2025.
Did Flex Ltd. beat estimates in Q3 2025?
Revenue beat the consensus estimate of $6.1B by $408.8M. EPS beat the consensus estimate of $0.64 by $0.13.
Where can I find Flex Ltd.'s Q3 2025 SEC filings?
You can read the 10-Q periodic report (0000866374-25-000008) directly on SEC EDGAR. The filing index links above go to sec.gov.