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+37.8% | $6.16B+39.7% | $5.71B+41.9% | $5.25B+44.6% | $4.8B+47.9% | |
| ITS | $11.11B-2.0% | $11.17B-4.2% | $11.22B-6.4% | $11.28B-8.4% | $11.34B-10.3% | |
| RMS | $10.19B+5.3% | $10.06B+1.7% | $9.93B-1.7% | $9.81B-5.0% | $9.68B-8.1% | |
| Operating Income (Loss), Adjusted by Business | ||||||
| ITS | $596M+10.2% | $582.25M+10.3% | $568.5M+10.4% | $554.75M+10.5% | $541M+10.6% | |
| RMS | $611M+21.0% | $584.5M+13.8% | $558M+6.8% | $531.5M0.0% | $505M-6.5% | |
| Selling, General And Administrative Expense, Adjusted by Business | ||||||
| ITS | $282M-0.4% | $282.25M-1.8% | $282.5M-3.3% | $282.75M-4.6% | $283M-6.0% | |
| RMS | $355M+10.2% | $346.75M+6.3% | $338.5M+2.4% | $330.25M-1.3% | $322M-5.0% | |
| Acquisitions by Business | ||||||
| CPI | $8M-96.0% | $56.25M— | $104.5M— | $152.75M— | $201M— | |
| ITS | $0-100% | $2M— | $4M— | $6M— | $8M— | |
| RMS | $0— | $0— | $0— | $0— | $0— | |
| Total depreciation expense by Business | ||||||
| Cloud and Power Infrastructure | $62M+59.0% | $56.25M+59.6% | $50.5M+60.3% | $44.75M+61.3% | $39M+62.5% | |
| Integrated Technology Solutions | $162M-10.0% | $166.5M-8.0% | $171M-6.0% | $175.5M-4.1% | $180M-2.2% | |
| Regulated Manufacturing Solutions | $221M+5.7% | $218M+4.9% | $215M+4.1% | $212M+3.3% | $209M+2.5% | |
| Foreign currency translation adjustments by Business | ||||||
| CPI | -$11M-267% | -$9M— | -$7M— | -$5M— | -$3M— | |
| ITS | $2M— | $1.5M— | $1M— | $500K— | $0— | |
| RMS | $29M— | $21.75M— | $14.5M— | $7.25M— | $0— | |
| Cost Of Inventory by Business | ||||||
| ITS | $10.23B-2.7% | $10.3B-5.0% | $10.37B-7.2% | $10.44B-9.3% | $10.51B-11.3% | |
| RMS | $9.23B+4.2% | $9.13B+0.9% | $9.04B-2.3% | $8.94B-5.4% | $8.85B-8.3% | |
| Net Sales by Geography | ||||||
| Americas | $13.82B+9.2% | $13.53B+7.8% | $13.24B+6.4% | $12.95B+4.9% | $12.66B+3.5% | |
| Asia | $8.4B+9.1% | $8.23B+4.0% | $8.05B-0.9% | $7.88B-5.5% | $7.7B-9.8% | |
| Europe | $5.69B+4.3% | $5.63B+2.4% | $5.57B+0.5% | $5.52B-1.4% | $5.46B-3.3% | |
| Singapore | $194M-27.1% | $212M-41.8% | $230M-50.3% | $248M-55.8% | $266M-59.7% | |
| Concentration risk percentage by Geography | ||||||
| Americas | 57%+2.0pp | 56.5%+3.7pp | 56%+5.5pp | 55.5%+7.3pp | 55%+9.0pp | |
| Asia | 30%0.0pp | 30%-0.5pp | 30%-1.0pp | 30%-1.5pp | 30%-2.0pp | |
| Europe | 20%-1.0pp | 20.3%-1.0pp | 20.5%-1.0pp | 20.8%-1.0pp | 21%-1.0pp |
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.
