What is Flex Ltd.'s D&A?

Flex Ltd. (FLEX) reported D&A of $135M in Q4 2025.

How has Flex Ltd.'s D&A changed year-over-year?

Flex Ltd.'s D&A decreased by 6.3% year-over-year, from $144M to $135M.

Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

Flex Ltd. FLEX D&A

D&A at other companies

PlexusPLXS

$19.26M-1.3%

Benchmark ElectronicsBHE

$9.38M+2.4%

Sanmina CorpSANM

$47.09M+66.9%

JabilJBL

$196M-21.3%

Advanced Energy IndustriesAEIS

$15.8M-1.9%

CelesticaCLS

$39.6M+5.9%

Segments

By segment

See full

FRS$67M+8.1%

FAS$44M-2.2%

Other financials

Income statement

See full

Revenue$7.5B+16.9%

Gross profit$730.0M+29.7%

Operating income$372.0M+22.0%

Net income$250.0M+12.6%

EPS (diluted)$0.67+17.5%

Balance sheet

See full

Cash & equivalents$2.4B+4.4%

Total debt$4.5B+4.2%

Total equity$5.1B+2.8%

Total assets$22.1B+20.0%

Cash flow

See full

Operating cash flow$413.0M-4.6%

CapEx$202.0M+80.4%

Free cash flow$211.0M-34.3%

Valuation

See full

Market cap$59.38B+168%

Enterprise value$61.46B+152%

P/E67.5×+42.6×

P/S2.1×+1.3×

Profitability

See full

Gross margin9.4%+0.9pp

Operating margin4.9%+0.4pp

Net margin3.2%-0.1pp

FCF margin3.8%-0.4pp

Returns & leverage

See full

Return on equity17.3%+1.1pp

Debt / equity0.9×0.0×

Current ratio1.4×+0.1×

Where this comes from

Reported directly by Flex Ltd. in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The official record: Flex Ltd.’s 10-Q, filed February 6, 2026, on SEC EDGAR. View the filing →

Ask your AI about Flex Ltd.'s d&a.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Flex Ltd.'s D&A?: Flex Ltd. (FLEX) reported D&A of $135M in Q4 2025.
How has Flex Ltd.'s D&A changed year-over-year?: Flex Ltd.'s D&A decreased by 6.3% year-over-year, from $144M to $135M.
What does D&A mean?: Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.