What is Flex Ltd.'s shares (diluted)?

Flex Ltd. (FLEX) reported shares (diluted) of 378M in Q1 2026.

How has Flex Ltd.'s shares (diluted) changed year-over-year?

Flex Ltd.'s shares (diluted) decreased by 2.8% year-over-year, from 389M to 378M.

What is the long-term trend for Flex Ltd.'s shares (diluted)?

Over 4 years (2022 to 2026), Flex Ltd.'s shares (diluted) has grown at a -6.0% compound annual growth rate (CAGR), from 1.9B to 1.5B.

What does shares (diluted) mean?

The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.

Flex Ltd. FLEX Shares (Diluted)

Shares (Diluted) at other companies

PlexusPLXS

27.3M-1.3%

Benchmark ElectronicsBHE

36.3M-0.9%

Sanmina CorpSANM

55.1M-0.7%

JabilJBL

106.5M-2.6%

UFP TechnologiesUFPT

7.8M+0.3%

Advanced Energy IndustriesAEIS

42.2M+10.8%

Other financials

Income statement

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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

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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

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Operating cash flow$413.0M-4.6%

CapEx$202.0M+80.4%

Free cash flow$211.0M-34.3%

Valuation

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Market cap$59.38B+168%

Enterprise value$61.46B+152%

P/E67.5×+42.6×

P/S2.1×+1.3×

Profitability

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Gross margin9.4%+0.9pp

Operating margin4.9%+0.4pp

Net margin3.2%-0.1pp

FCF margin3.8%-0.4pp

Returns & leverage

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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:WeightedAverageNumberOfDilutedSharesOutstanding.

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

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Questions, answered.

What is Flex Ltd.'s shares (diluted)?: Flex Ltd. (FLEX) reported shares (diluted) of 378M in Q1 2026.
How has Flex Ltd.'s shares (diluted) changed year-over-year?: Flex Ltd.'s shares (diluted) decreased by 2.8% year-over-year, from 389M to 378M.
What is the long-term trend for Flex Ltd.'s shares (diluted)?: Over 4 years (2022 to 2026), Flex Ltd.'s shares (diluted) has grown at a -6.0% compound annual growth rate (CAGR), from 1.9B to 1.5B.
What does shares (diluted) mean?: The weighted-average shares outstanding plus all potentially dilutive shares from stock options, RSUs, convertible securities, and warrants, using the treasury stock method.