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Flex Ltd. FLEX Asia — Net Sales

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$13.82B+9.2%
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$5.69B+4.3%

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Other financials

Income statement

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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

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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

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Operating cash flow$413.0M-4.6%
CapEx$202.0M+80.4%
Free cash flow$211.0M-34.3%

Valuation

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Market cap$59.09B+244%
Enterprise value$61.17B+219%
P/E67.2×+46.6×
P/S2.1×+1.5×

Profitability

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Gross margin9.4%+0.9pp
Operating margin4.9%+0.4pp
Net margin3.2%-0.1pp
FCF margin3.8%-0.4pp

Returns & leverage

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

The official record: Flex Ltd.’s 10-K, filed May 20, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Flex Ltd.'s asia — net sales?
Flex Ltd. (FLEX) reported asia — net sales of $2.1B in Q1 2026.
How has Flex Ltd.'s asia — net sales changed year-over-year?
Flex Ltd.'s asia — net sales increased by 9.1% year-over-year, from $1.93B to $2.1B.
What is the long-term trend for Flex Ltd.'s asia — net sales?
Over 4 years (2022 to 2026), Flex Ltd.'s asia — net sales has grown at a -3.3% compound annual growth rate (CAGR), from $9.62B to $8.4B.
What does asia — net sales mean?
This metric represents the total revenue generated from external customers located within the Asia geographic region. It reflects the company's market penetration and demand for manufacturing services in this specific territory. Changes in this figure indicate shifts in regional economic activity or the company's success in capturing local market share.