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Flex Ltd. FLEX Q4 2025 Annual earnings

Reported May 7, 2025 · Before market open

Revenue estimate$6.2B
EPS estimate$0.70

Next report

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

Financials

Q4 2025

Income statement

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Revenue$6.4B+3.7%
Gross profit$563.0M+28.8%
Operating income$305.0M+91.8%
Net income$222.0M-43.8%
EPS (diluted)$0.57-38.7%

Balance sheet

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Cash & equivalents$2.3B-7.5%
Total debt$4.3B+10.2%
Total equity$5.0B-6.1%
Total assets$18.4B+0.7%

Cash flow

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Operating cash flow$433.0M-36.2%
CapEx$112.0M+38.3%
Free cash flow$321.0M-46.3%

Valuation & ratios

Valuation

as of 03/31/25
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Market cap$12.67B+5.2%
Enterprise value$14.67B+8.9%
P/E15.1×+3.1×
P/S0.5×0.0×

Profitability

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Gross margin8.5%+1.2pp
Operating margin4.5%+1.3pp
Net margin3.2%-0.6pp
FCF margin4.1%+1.1pp

Returns & leverage

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Return on equity16.2%-2.6pp
Debt / equity0.9×+0.1×
Current ratio1.3×-0.2×

Segments

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 Q4 2025 earnings?
Flex Ltd. (FLEX) reported Q4 2025 earnings on May 7, 2025 before market open.
What were Flex Ltd.'s Q4 2025 revenue and EPS?
Flex Ltd. reported revenue of $6.4B and diluted EPS of $0.73 for Q4 2025.
Did Flex Ltd. beat estimates in Q4 2025?
Revenue beat the consensus estimate of $6.2B by $161.0M. EPS beat the consensus estimate of $0.69 by $0.04.
How did Flex Ltd.'s Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 3.7% from $6.2B a year earlier and diluted EPS grew 28.1% from $0.57.
Where can I find Flex Ltd.'s Q4 2025 SEC filings?
You can read the 10-K periodic report (0000866374-25-000027) directly on SEC EDGAR. The filing index links above go to sec.gov.