Operating
Non-cash lease expense
Flex Ltd. Non-cash lease expense remained flat by 0.0% to $37M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.2%, from $35.5M to $37M. Over 4 years (FY 2022 to FY 2026), Non-cash lease expense shows an upward trend with a 3.3% CAGR.
Analysis
StatementCash Flow Statement
SectionOperating
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2019
Last reportedQ4 2026May 20, 2026
How to read this metric
Stable levels suggest a consistent footprint of leased facilities and equipment, while changes reflect shifts in real estate or equipment leasing strategies.
Detailed definition
This represents the portion of lease expenses that are recognized as non-cash charges under accounting standards like AS...
Peer comparison
Standard for companies with large physical footprints and significant operating lease obligations.
Metric ID:
operating_non_cash_lease_expense_5b2ac6Historical Data
5 years
| FY'22 | FY'23 | FY'24 | FY'25 | FY'26 | |
|---|---|---|---|---|---|
| Value | $130M | $131M | $139M | $142M | $148M |
| YoY Change | — | +0.8% | +6.1% | +2.2% | +4.2% |
Range$130M – $148M
CAGR+3.3%
Avg YoY Growth+3.3%
Median YoY Growth+3.2%
Current Streak4+ years growth
Non-cash lease expense at Other Companies
Frequently Asked Questions
- What is Flex Ltd.'s non-cash lease expense?
- Flex Ltd. (FLEX) reported non-cash lease expense of $37M in Q1 2026.
- How has Flex Ltd.'s non-cash lease expense changed year-over-year?
- Flex Ltd.'s non-cash lease expense increased by 4.2% year-over-year, from $35.5M to $37M.
- What is the long-term trend for Flex Ltd.'s non-cash lease expense?
- Over 4 years (2022 to 2026), Flex Ltd.'s non-cash lease expense has grown at a 3.3% compound annual growth rate (CAGR), from $130M to $148M.
- What does non-cash lease expense mean?
- The non-cash accounting expense related to the company's leased assets.