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Other financials

Income statement

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Revenue$7.9B+20.6%
Gross profit$747.0M+27.0%
Operating income$392.0M+26.0%
Net income$285.0M+48.4%
EPS (diluted)$0.76+52.0%

Balance sheet

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Cash & equivalents$2.8B+26.8%
Total debt$5.9B+39.1%
Total equity$5.5B+8.1%
Total assets$25.2B+31.7%

Cash flow

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Operating cash flow$276.0M-30.8%
CapEx$236.0M+77.4%
Free cash flow$40.0M-85.0%

Valuation

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Market cap$41.68B+118%
Enterprise value$44.77B+112%
P/E42.8×+21.4×
P/S1.4×+0.7×

Profitability

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Gross margin9.5%+0.7pp
Operating margin5%+0.2pp
Net margin3.3%-0.1pp
FCF margin2.8%-1.4pp

Returns & leverage

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Return on equity18.4%+0.7pp
Debt / equity1.1×+0.2×
Current ratio1.4×0.0×

Where this comes from

Calculated from Flex Ltd.’s reported figures.

$372.0Mebit+
$42.5MDepreciation Depletion & Amortization
=$414.5M

The source filing: Flex Ltd.’s 10-K, filed May 20, 2026. Open the filing →

Filed
May 20, 2026, 5:00 PM EDT
Fiscal year
FY2026
Accession
0000866374-26-000012

FAQ

What is Flex Ltd.'s EBITDA?
Flex Ltd. (FLEX) reported EBITDA of $414.5M in Q1 2026.
How has Flex Ltd.'s EBITDA changed year-over-year?
Flex Ltd.'s EBITDA increased by 18.1% year-over-year, from $351M to $414.5M.
What is the long-term trend for Flex Ltd.'s EBITDA?
Over 4 years (2022 to 2026), Flex Ltd.'s EBITDA has grown at a 7.9% compound annual growth rate (CAGR), from $1.36B to $1.84B.
What does EBITDA mean?
Earnings before interest, taxes, depreciation, and amortization — EBIT plus the D&A add-back from the cash-flow statement (EBITDA = EBIT + D&A). A proxy for cash earnings that strips out financing, tax, and non-cash charges.

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