Flex (FLEX)
Designs, manufactures, and manages products, supply chains, and data-center infrastructure.
$112.20
vs last close+0.59 (+0.53%)
In millions of USD, except per-share figures
| In millions | Q2 FY24Sep 2023 | Q3 FY24Dec 2023 | Q4 FY24Mar 2024 | Q1 FY25Jun 2024 | Q2 FY25Sep 2024 | Q3 FY25Dec 2024 | Q4 FY25Mar 2025 | Q1 FY26Jun 2025 | Q2 FY26Sep 2025 | Q3 FY26Dec 2025 | Q4 FY26Mar 2026 | Q1 FY27Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6,933 | 6,421 | 4,505 | 6,314 | 6,545 | 6,556 | 6,398 | 6,575 | 6,804 | 7,058 | 7,477 | 7,928 |
| Cost of revenue | 6,414 | 5,988 | 4,534 | 5,843 | 6,014 | 5,962 | 5,835 | 6,003 | 6,190 | 6,373 | 6,747 | 7,181 |
| Gross profit | 519 | 433 | −29 | 471 | 531 | 594 | 563 | 572 | 614 | 685 | 730 | 747 |
| 238 | 235 | 133 | 238 | 234 | 260 | 258 | 261 | 318 | 285 | 305 | 355 | |
| 221 | 205 | 116 | 213 | 216 | 241 | 234 | 233 | 260 | 270 | 289 | 334 | |
| General & administrative | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 334 |
| Other expenses | 17 | 30 | 17 | 25 | 18 | 19 | 24 | 28 | 58 | 15 | 16 | 21 |
| Operating income | 281 | 198 | −162 | 233 | 297 | 334 | 305 | 311 | 296 | 400 | 425 | 392 |
| −48 | −46 | −43 | −41 | −33 | −46 | −26 | −65 | −34 | −80 | −110 | −15 | |
| Interest income | 15 | 13 | 12 | 16 | 16 | 16 | 13 | 13 | 10 | 15 | 13 | 13 |
| Interest expense | 38 | 39 | 52 | 43 | 46 | 50 | 52 | 45 | 52 | 58 | 60 | 60 |
| Other non-operating income | −1 | −4 | 1 | −15 | −20 | −11 | −26 | 14 | −18 | 22 | 50 | 0 |
| Income before tax | 233 | 152 | −205 | 192 | 264 | 288 | 279 | 246 | 262 | 320 | 315 | 377 |
| Income tax expense | 32 | 23 | −227 | 53 | 50 | 25 | 57 | 54 | 63 | 81 | 65 | 92 |
| Net income from continuing operations | 201 | 129 | 22 | 139 | 214 | 263 | 222 | 192 | 199 | 239 | 250 | 285 |
| Discontinued operations | 205 | 104 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other adjustments | 0 | 0 | 373 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net income | 228 | 197 | 395 | 139 | 214 | 263 | 222 | 192 | 199 | 239 | 250 | 285 |
| EPS, basic | $0.51 | $0.46 | $0.94 | $0.35 | $0.54 | $0.68 | $0.57 | $0.50 | $0.52 | $0.64 | $0.67 | $0.76 |
| EPS, diluted | $0.51 | $0.45 | $0.93 | $0.34 | $0.54 | $0.67 | $0.57 | $0.50 | $0.52 | $0.64 | $0.67 | $0.76 |
| Weighted average shares, basic | 443 | 431 | 421 | 399 | 394 | 387 | 389 | 381 | 380 | 376 | 374 | 374 |
| Weighted average shares, diluted | 448 | 436 | 425 | 411 | 400 | 394 | 389 | 381 | 380 | 376 | 374 | 374 |
| EBITDA | 409 | 332 | −16 | 374 | 448 | 489 | 469 | 439 | 470 | 513 | 505 | 415 |
| Depreciation & amortization | 127 | 130 | 147 | 126 | 131 | 144 | 138 | 142 | 156 | 135 | 130 | 23 |
| EBIT | 282 | 202 | −163 | 248 | 317 | 345 | 331 | 297 | 314 | 378 | 375 | 392 |