What is Flex Ltd.'s PP&E (net)?

Flex Ltd. (FLEX) reported PP&E (net) of $2.51B in Q1 2026.

How has Flex Ltd.'s PP&E (net) changed year-over-year?

Flex Ltd.'s PP&E (net) increased by 7.5% year-over-year, from $2.33B to $2.51B.

What is the long-term trend for Flex Ltd.'s PP&E (net)?

Over 5 years (2021 to 2026), Flex Ltd.'s PP&E (net) has grown at a 3.6% compound annual growth rate (CAGR), from $2.1B to $2.51B.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

Flex Ltd. FLEX PP&E (Net)

PP&E (Net) at other companies

PlexusPLXS

$535.17M+4.6%

Benchmark ElectronicsBHE

$235.09M+4.8%

Sanmina CorpSANM

$993.33M+63.2%

JabilJBL

$2.9B+0.6%

UFP TechnologiesUFPT

$78.4M+9.6%

Advanced Energy IndustriesAEIS

$304.3M+57.0%

Segments

By geography

See full

Mexico$815M—

U.S.$376M—

China$293M—

Singapore$4M—

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

See full

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

See full

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$59.09B+244%

Enterprise value$61.17B+219%

P/E67.2×+46.6×

P/S2.1×+1.5×

Profitability

See full

Gross margin9.4%+0.9pp

Operating margin4.9%+0.4pp

Net margin3.2%-0.1pp

FCF margin3.8%-0.4pp

Returns & leverage

See full

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:PropertyPlantAndEquipmentNet.

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 PP&E (net)?: Flex Ltd. (FLEX) reported PP&E (net) of $2.51B in Q1 2026.
How has Flex Ltd.'s PP&E (net) changed year-over-year?: Flex Ltd.'s PP&E (net) increased by 7.5% year-over-year, from $2.33B to $2.51B.
What is the long-term trend for Flex Ltd.'s PP&E (net)?: Over 5 years (2021 to 2026), Flex Ltd.'s PP&E (net) has grown at a 3.6% compound annual growth rate (CAGR), from $2.1B to $2.51B.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.