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Flex Ltd. FLEX RMS — Foreign currency translation adjustments

Other segment segments

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-$11M
ITS
$2M

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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$41B+119%
Enterprise value$44.09B+113%
P/E42.1×+21.1×
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

Reported directly by Flex Ltd. in its filing.

Tagged under the XBRL concept us-gaap:GoodwillForeignCurrencyTranslationGainLoss.

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 RMS — foreign currency translation adjustments?
Flex Ltd. (FLEX) reported RMS — foreign currency translation adjustments of $7.25M in Q1 2026.
What does RMS — foreign currency translation adjustments mean?
The impact of fluctuations in exchange rates on the financial results of the Regulated Manufacturing Solutions segment's international operations when converted to the reporting currency. This reflects the volatility inherent in managing a global supply chain and manufacturing footprint.