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Flex Ltd. FLEX Business Segments

FY'26FY'25FY'24FY'23
Net Sales by Business
CPI$6.61B+37.8%$4.8B+47.9%$3.24B
ITS$11.11B-2.0%$11.34B-10.3%$12.64B
RMS$10.19B+5.3%$9.68B-8.1%$10.54B
Operating Income (Loss), Adjusted by Business
ITS$596M+10.2%$541M+10.6%$489M
RMS$611M+21.0%$505M-6.5%$540M
Selling, General And Administrative Expense, Adjusted by Business
ITS$282M-0.4%$283M-6.0%$301M
RMS$355M+10.2%$322M-5.0%$339M
Acquisitions by Business
CPI$8M-96.0%$201M
ITS$0-100%$8M
RMS$0$0
Total depreciation expense by Business
Cloud and Power Infrastructure$62M+59.0%$39M+62.5%$24M
Integrated Technology Solutions$162M-10.0%$180M-2.2%$184M
Regulated Manufacturing Solutions$221M+5.7%$209M+2.5%$204M
Foreign currency translation adjustments by Business
CPI-$11M-267%-$3M
ITS$2M$0
RMS$29M$0
Cost Of Inventory by Business
ITS$10.23B-2.7%$10.51B-11.3%$11.85B
RMS$9.23B+4.2%$8.85B-8.3%$9.66B
Net Sales by Geography
Americas$13.82B+9.2%$12.66B+3.5%$12.23B+2.7%$11.91B+26.5%
Asia$8.4B+9.1%$7.7B-9.8%$8.54B-17.8%$10.38B+8.0%
Europe$5.69B+4.3%$5.46B-3.3%$5.64B-9.2%$6.21B+10.8%
Singapore$194M-27.1%$266M-59.7%$660M+19.6%$552M+6.4%
Concentration risk percentage by Geography
Americas57%+2.0pp55%+9.0pp46%+4.0pp42%+4.0pp
Asia30%0.0pp30%-2.0pp32%-4.0pp36%-3.0pp
Europe20%-1.0pp21%-1.0pp22%0.0pp22%-1.0pp

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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.