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Flex Ltd. FLEX Income from Continuing Ops

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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$45.02B+141%
Enterprise value$48.11B+132%
P/E46.3×+25.3×
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:IncomeLossFromContinuingOperationsPerBasicShare.

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 itemFiscal Year Ended March 31, 2026Fiscal Year Ended March 31, 2025Fiscal Year Ended March 31, 2024
Net income8808381,245
Net income attributable to noncontrolling interest239
Net income attributable to Flex Ltd.$880$838$1,006
Basic earnings per share from continuing operations$2.37$2.14$2.00
Basic earnings per share from discontinued operations0.31
Basic earnings per share attributable to the shareholders of Flex Ltd.$2.37$2.14$2.31
Diluted earnings per share from continuing operations$2.33$2.11$1.98
Diluted earnings per share from discontinued operations0.30

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Flex Ltd.'s income from continuing ops?
Flex Ltd. (FLEX) reported income from continuing ops of $0.59 in Q1 2026.
How has Flex Ltd.'s income from continuing ops changed year-over-year?
Flex Ltd.'s income from continuing ops increased by 10.7% year-over-year, from $0.54 to $0.59.
What is the long-term trend for Flex Ltd.'s income from continuing ops?
Over 2 years (2024 to 2026), Flex Ltd.'s income from continuing ops has grown at a 8.9% compound annual growth rate (CAGR), from $2.00 to $2.37.
What does income from continuing ops mean?
Net income from business operations that are expected to continue, excluding gains or losses from discontinued segments. The best measure of ongoing earning power.

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