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Flex Ltd. FLEX RMS — Goodwill

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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$44.83B+138%
Enterprise value$47.92B+130%
P/E46.1×+24.9×
P/S1.5×+0.8×

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:Goodwill.

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

Filed
May 20, 2026, 5:00 PM EDT
Fiscal year
FY2026
Accession
0000866374-26-000012
Line itemITSRMSCPITotal
(In millions)
Balance at March 31, 2024$229$490$416$1,135
Acquisitions (1)8201209
Foreign currency translation adjustments(3)(3)
Balance at March 31, 20252374906141,341
Acquisitions (2)88
Foreign currency translation adjustments229(11)20
Balance at March 31, 2026$239$519$611$1,369

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Flex Ltd.'s RMS — goodwill?
Flex Ltd. (FLEX) reported RMS — goodwill of $519M in Q1 2026.
What does RMS — goodwill mean?
Represents the intangible asset value recorded when the Regulated Manufacturing Solutions segment acquires another business for a price exceeding the fair market value of its net identifiable assets. This reflects the premium paid for brand reputation, customer relationships, and proprietary technology specific to the regulated manufacturing sector.

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