Flex Ltd. FLEX Business Segments
| Q4 '26 | Q3 '26 | Q2 '26 | Q1 '26 | Q4 '25 | ||
|---|---|---|---|---|---|---|
| Net Sales by Business | ||||||
| CPI | $1.65B+37.8% | $1.65B+37.8% | $1.65B+37.8% | $1.65B+37.8% | $1.2B+47.9% | |
| ITS | $2.78B-2.0% | $2.78B-2.0% | $2.78B-2.0% | $2.78B-2.0% | $2.83B-10.3% | |
| RMS | $2.55B+5.3% | $2.55B+5.3% | $2.55B+5.3% | $2.55B+5.3% | $2.42B-8.1% | |
| Operating Income (Loss), Adjusted by Business | ||||||
| ITS | $149M+10.2% | $149M+10.2% | $149M+10.2% | $149M+10.2% | $135.25M+10.6% | |
| RMS | $152.75M+21.0% | $152.75M+21.0% | $152.75M+21.0% | $152.75M+21.0% | $126.25M-6.5% | |
| Selling, General And Administrative Expense, Adjusted by Business | ||||||
| ITS | $70.5M-0.4% | $70.5M-0.4% | $70.5M-0.4% | $70.5M-0.4% | $70.75M-6.0% | |
| RMS | $88.75M+10.2% | $88.75M+10.2% | $88.75M+10.2% | $88.75M+10.2% | $80.5M-5.0% | |
| Acquisitions by Business | ||||||
| CPI | $2M-96.0% | $2M-96.0% | $2M-96.0% | $2M-96.0% | $50.25M— | |
| ITS | $0-100% | $0-100% | $0-100% | $0-100% | $2M— | |
| RMS | $0— | $0— | $0— | $0— | $0— | |
| Total depreciation expense by Business | ||||||
| Cloud and Power Infrastructure | $15.5M+59.0% | $15.5M+59.0% | $15.5M+59.0% | $15.5M+59.0% | $9.75M+62.5% | |
| Integrated Technology Solutions | $40.5M-10.0% | $40.5M-10.0% | $40.5M-10.0% | $40.5M-10.0% | $45M-2.2% | |
| Regulated Manufacturing Solutions | $55.25M+5.7% | $55.25M+5.7% | $55.25M+5.7% | $55.25M+5.7% | $52.25M+2.5% | |
| Foreign currency translation adjustments by Business | ||||||
| CPI | -$2.75M-267% | -$2.75M-267% | -$2.75M-267% | -$2.75M-267% | -$750K— | |
| ITS | $500K— | $500K— | $500K— | $500K— | $0— | |
| RMS | $7.25M— | $7.25M— | $7.25M— | $7.25M— | $0— | |
| Cost Of Inventory by Business | ||||||
| ITS | $2.56B-2.7% | $2.56B-2.7% | $2.56B-2.7% | $2.56B-2.7% | $2.63B-11.3% | |
| RMS | $2.31B+4.2% | $2.31B+4.2% | $2.31B+4.2% | $2.31B+4.2% | $2.21B-8.3% | |
| Goodwill by Business | ||||||
| CPI | $611M-0.5% | —— | —— | —— | $614M+47.6% | |
| ITS | $239M+0.8% | —— | —— | —— | $237M+3.5% | |
| RMS | $519M+5.9% | —— | —— | —— | $490M0.0% | |
| Net Sales by Geography | ||||||
| Americas | $3.46B+9.2% | $3.46B+9.2% | $3.46B+9.2% | $3.46B+9.2% | $3.16B+3.5% | |
| Asia | $2.1B+9.1% | $2.1B+9.1% | $2.1B+9.1% | $2.1B+9.1% | $1.93B-9.8% | |
| Europe | $1.42B+4.3% | $1.42B+4.3% | $1.42B+4.3% | $1.42B+4.3% | $1.36B-3.3% | |
| Singapore | $48.5M-27.1% | $48.5M-27.1% | $48.5M-27.1% | $48.5M-27.1% | $66.5M-59.7% | |
| PP&E (Net) by Geography | ||||||
| Americas | $1.42B+9.8% | —— | —— | —— | $1.29B+5.9% | |
| Asia | $585M+5.4% | —— | —— | —— | $555M-1.8% | |
| China | $306M+4.4% | —— | —— | —— | $293M-4.6% | |
| Europe | $501M+3.7% | —— | —— | —— | $483M-0.2% | |
| Mexico | $891M+9.3% | —— | —— | —— | $815M+2.8% | |
| Singapore | $4M0.0% | —— | —— | —— | $4M-20.0% | |
| U.S. | $443M+17.8% | —— | —— | —— | $376M+12.6% | |
| Concentration risk percentage by Geography | ||||||
| Americas | 14.3%+0.5pp | 14.3%+0.5pp | 14.3%+0.5pp | 14.3%+0.5pp | 13.8%+2.3pp | |
| Asia | 7.5%0.0pp | 7.5%0.0pp | 7.5%0.0pp | 7.5%0.0pp | 7.5%-0.5pp | |
| Europe | 5%-0.2pp | 5%-0.2pp | 5%-0.2pp | 5%-0.2pp | 5.3%-0.3pp | |
| Undistributed earnings of subsidiaries by Geography | ||||||
| China | $822M-29.7% | —— | —— | —— | $1.17B— | |
| Singapore | $930M+21.3% | —— | —— | —— | $767M+16.4% |
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.
