Flex Ltd. FLEX Business Segments
| TTM Q4 '26 | TTM Q3 '26 | TTM Q2 '26 | TTM Q1 '26 | TTM Q4 '25 | ||
|---|---|---|---|---|---|---|
| Net Sales by Business | ||||||
| CPI | $6.61B+7.4% | $6.16B+8.0% | $5.71B+8.6% | $5.25B+9.5% | $4.8B+8.8% | |
| ITS | $11.11B-0.5% | $11.17B-0.5% | $11.22B-0.5% | $11.28B-0.5% | $11.34B-2.8% | |
| RMS | $10.19B+1.3% | $10.06B+1.3% | $9.93B+1.3% | $9.81B+1.3% | $9.68B-2.2% | |
| Operating Income (Loss), Adjusted by Business | ||||||
| ITS | $596M+2.4% | $582.25M+2.4% | $568.5M+2.5% | $554.75M+2.5% | $541M+2.5% | |
| RMS | $611M+4.5% | $584.5M+4.7% | $558M+5.0% | $531.5M+5.2% | $505M-1.7% | |
| Selling, General And Administrative Expense, Adjusted by Business | ||||||
| ITS | $282M-0.1% | $282.25M-0.1% | $282.5M-0.1% | $282.75M-0.1% | $283M-1.6% | |
| RMS | $355M+2.4% | $346.75M+2.4% | $338.5M+2.5% | $330.25M+2.6% | $322M-1.3% | |
| Acquisitions by Business | ||||||
| CPI | $8M-85.8% | $56.25M-46.2% | $104.5M-31.6% | $152.75M-24.0% | $201M— | |
| ITS | $0-100% | $2M-50.0% | $4M-33.3% | $6M-25.0% | $8M— | |
| RMS | $0— | $0— | $0— | $0— | $0— | |
| Total depreciation expense by Business | ||||||
| Cloud and Power Infrastructure | $62M+10.2% | $56.25M+11.4% | $50.5M+12.8% | $44.75M+14.7% | $39M+10.6% | |
| Integrated Technology Solutions | $162M-2.7% | $166.5M-2.6% | $171M-2.6% | $175.5M-2.5% | $180M-0.6% | |
| Regulated Manufacturing Solutions | $221M+1.4% | $218M+1.4% | $215M+1.4% | $212M+1.4% | $209M+0.6% | |
| Foreign currency translation adjustments by Business | ||||||
| CPI | -$11M-22.2% | -$9M-28.6% | -$7M-40.0% | -$5M-66.7% | -$3M— | |
| ITS | $2M+33.3% | $1.5M+50.0% | $1M+100% | $500K— | $0— | |
| RMS | $29M+33.3% | $21.75M+50.0% | $14.5M+100% | $7.25M— | $0— | |
| Cost Of Inventory by Business | ||||||
| ITS | $10.23B-0.7% | $10.3B-0.7% | $10.37B-0.7% | $10.44B-0.7% | $10.51B-3.1% | |
| RMS | $9.23B+1.0% | $9.13B+1.0% | $9.04B+1.0% | $8.94B+1.1% | $8.85B-2.2% | |
| Net Sales by Geography | ||||||
| Americas | $13.82B+2.2% | $13.53B+2.2% | $13.24B+2.2% | $12.95B+2.3% | $12.66B+0.8% | |
| Asia | $8.4B+2.1% | $8.23B+2.2% | $8.05B+2.2% | $7.88B+2.3% | $7.7B-2.7% | |
| Europe | $5.69B+1.1% | $5.63B+1.1% | $5.57B+1.1% | $5.52B+1.1% | $5.46B-0.8% | |
| Singapore | $194M-8.5% | $212M-7.8% | $230M-7.3% | $248M-6.8% | $266M-27.0% | |
| Concentration risk percentage by Geography | ||||||
| Americas | 57%+0.5pp | 56.5%+0.5pp | 56%+0.5pp | 55.5%+0.5pp | 55%+2.2pp | |
| Asia | 30%0.0pp | 30%0.0pp | 30%0.0pp | 30%0.0pp | 30%-0.5pp | |
| Europe | 20%-0.3pp | 20.3%-0.3pp | 20.5%-0.3pp | 20.8%-0.2pp | 21%-0.3pp |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Flex Ltd. break its business down?
- Flex Ltd. (FLEX) reports net sales by business across 5 parts — CPI, FAS, FRS, ITS and RMS. Each is extracted from the segment footnotes and tracked over time.
- Where does Flex Ltd.'s segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Flex Ltd.'s SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
