What is Flex Ltd.'s SG&A?

Flex Ltd. (FLEX) reported SG&A of $289M in Q1 2026.

How has Flex Ltd.'s SG&A changed year-over-year?

Flex Ltd.'s SG&A increased by 23.5% year-over-year, from $234M to $289M.

What is the long-term trend for Flex Ltd.'s SG&A?

Over 4 years (2022 to 2026), Flex Ltd.'s SG&A has grown at a 6.1% compound annual growth rate (CAGR), from $831M to $1.05B.

Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.

Flex Ltd. FLEX SG&A

SG&A at other companies

PlexusPLXS

$57.34M+17.1%

Benchmark ElectronicsBHE

$42.41M+9.3%

Sanmina CorpSANM

$113.55M+48.8%

JabilJBL

$340M+24.1%

UFP TechnologiesUFPT

$21.02M+12.3%

Advanced Energy IndustriesAEIS

$62.3M+5.6%

Other financials

Income statement

See full

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

See full

Market cap$59.38B+168%

Enterprise value$61.46B+152%

P/E67.5×+42.6×

P/S2.1×+1.3×

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:SellingGeneralAndAdministrativeExpense.

The official record: Flex Ltd.’s 10-K, filed May 20, 2026, on SEC EDGAR. View the filing →

Ask your AI about Flex Ltd.'s sg&a.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Flex Ltd.'s SG&A?: Flex Ltd. (FLEX) reported SG&A of $289M in Q1 2026.
How has Flex Ltd.'s SG&A changed year-over-year?: Flex Ltd.'s SG&A increased by 23.5% year-over-year, from $234M to $289M.
What is the long-term trend for Flex Ltd.'s SG&A?: Over 4 years (2022 to 2026), Flex Ltd.'s SG&A has grown at a 6.1% compound annual growth rate (CAGR), from $831M to $1.05B.
What does SG&A mean?: Combined selling expenses (sales force, marketing, distribution) and general & administrative costs (management, legal, accounting, facilities) — the broadest opex category.