What is Flex Ltd.'s operating lease ROU assets?

Flex Ltd. (FLEX) reported operating lease ROU assets of $659M in Q1 2026.

What does operating lease ROU assets mean?

Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.

Flex Ltd. FLEX Operating Lease ROU Assets

Operating Lease ROU Assets at other companies

PlexusPLXS

$68.63M-10.0%

Benchmark ElectronicsBHE

$104.73M-8.2%

Sanmina CorpSANM

4.9%+0.6pp

JabilJBL

$487M+13.0%

UFP TechnologiesUFPT

5.5%+0.6pp

Advanced Energy IndustriesAEIS

$102M-2.3%

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$42.53B+124%

Enterprise value$44.6B+113%

P/E48.3×+27.1×

P/S1.5×+0.8×

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:OperatingLeaseRightOfUseAsset.

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 operating lease ROU assets?: Flex Ltd. (FLEX) reported operating lease ROU assets of $659M in Q1 2026.
What does operating lease ROU assets mean?: Right-of-use assets representing the lessee's right to use leased property over the lease term under ASC 842 operating lease classification.