← FLEX LTD.

Annual Trend FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026
ASSETS
Current assets:
Accounts receivable, net of allowance for doubtful accounts $2.2b $2.5b $2.6b $2.4b $4.1b $3.4b $3.7b $3.0b $3.7b $4.7b
Cash and Cash Equivalents, at Carrying Value $1.8b $1.5b $1.7b $1.9b $2.6b $3.0b $3.3b $2.5b $2.3b $2.4b
Cash and cash equivalents $1.8b $1.5b $1.7b $1.9b $2.6b $3.0b $3.3b $2.5b $2.3b $2.4b
Other current assets $967.9m $1.4b $854.8m $660.1m $590.0m $903.0m $917.0m $1.0b $1.2b $2.4b
Inventory, Net $3.4b $3.8b $3.7b $3.8b $3.9b $6.6b $7.5b $6.2b $5.1b $5.8b
Assets, Current $8.4b $9.2b $9.1b $9.1b $11.4b $14.3b $16.0b $13.0b $12.8b $16.3b
Total current assets $8.4b $9.2b $9.1b $9.1b $11.4b $14.3b $16.0b $13.0b $12.8b $16.3b
Property, Plant and Equipment, Net $2.3b $2.2b $2.3b $2.2b $2.1b $2.1b $2.3b $2.3b $2.3b $2.5b
Goodwill $984.9m $1.1b $1.1b $1.1b $1.1b $1.3b $1.3b $1.1b $1.3b $1.4b
Intangible Assets, Net (Excluding Goodwill) $362.2m $424.4m $331.0m $262.4m $213.0m $411.0m $316.0m $245.0m $343.0m $283.0m
Other intangible assets, net $362.2m $424.4m $331.0m $262.4m $213.0m $411.0m $316.0m $245.0m $343.0m $283.0m
Operating Lease, Right-of-Use Asset — — $0 $605.1m $642.0m $637.0m $608.0m $601.0m $562.0m $659.0m
Operating lease right-of-use assets, net — — $0 $605.1m $642.0m $637.0m $608.0m $601.0m $562.0m $659.0m
Other Assets, Noncurrent $541.5m $760.3m $655.7m $455.3m $431.0m $473.0m $758.0m $1.0b $964.0m $912.0m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $2.2b $2.5b $2.6b $2.4b $4.1b $3.4b $3.7b $3.0b $3.7b $4.7b
Contract assets — $0 $216.2m $282.4m $135.0m $519.0m $541.0m $249.0m $616.0m $1.1b
Deferred revenue and customer working capital advances — — — — $848.0m $2.0b $3.1b $2.6b $2.0b $2.2b
Operating lease liabilities, non-current — — $0 $529.0m $562.0m $551.0m $506.0m $490.0m $456.0m $565.0m
Ordinary shares, no par value; 371,241,931 and 383,369,073 issued, and 365,690,291 and 377,817,433 outstanding as of March 31, 2026 and 2025, respectively 11.9b 11.7b 11.5b 11.2b 11.0b 10.7b 11.4b 5.1b 4.1b 3.3b
Other current liabilities $1.6b $1.7b $1.4b $1.6b $1.8b $1.0b $1.1b $968.0m $977.0m $1.1b
Other non-current assets $541.5m $760.3m $655.7m $455.3m $431.0m $473.0m $758.0m $1.0b $964.0m $912.0m
Other non-current liabilities $519.9m $531.6m $507.6m $429.3m $489.0m $608.0m $637.0m $642.0m $590.0m $584.0m
Total shareholders' equity $2.7b $3.0b $3.0b $2.8b $3.4b $4.1b $5.7b $5.3b $5.0b $5.1b
Assets $12.6b $13.7b $13.5b $13.7b $15.8b $19.3b $21.4b $18.3b $18.4b $22.1b
Total assets $12.6b $13.7b $13.5b $13.7b $15.8b $19.3b $21.4b $18.3b $18.4b $22.1b
LIABILITIES AND EQUITY
Current liabilities:
Accounts Payable, Current $4.5b $5.1b $5.1b $5.1b $5.2b $6.3b $5.9b $4.5b $5.1b $8.1b
Accrued payroll and benefits $344.2m $383.3m $391.6m $363.6m $473.0m $470.0m $522.0m $488.0m $560.0m $671.0m
Bank borrowings and current portion of long-term debt $61.5m $43.0m $632.6m $149.1m $268.0m $949.0m $150.0m $0 $1.2b $0
Long-term Debt, Current Maturities $61.5m $43.0m $632.6m $149.1m $268.0m $949.0m $150.0m $0 $1.2b $0
Long-term Debt, Excluding Current Maturities $2.9b $2.9b $2.4b $2.7b $3.5b $3.2b $3.7b $3.3b $2.5b $3.8b
Long-term debt, net of current portion $2.9b $2.9b $2.4b $2.7b $3.5b $3.2b $3.7b $3.3b $2.5b $3.8b
Operating Lease, Liability, Current — — — $114.1m — — $126.0m $136.0m $135.0m $149.0m
Operating Lease, Liability, Noncurrent — — $0 $529.0m $562.0m $551.0m $506.0m $490.0m $456.0m $565.0m
Liabilities, Current $6.5b $7.3b $7.6b $7.2b $7.8b $10.7b $10.9b $8.5b $9.8b $12.0b
Total current liabilities $6.5b $7.3b $7.6b $7.2b $7.8b $10.7b $10.9b $8.5b $9.8b $12.0b
Deferred Income Tax Liabilities, Net — — — $70.9m $60.0m $86.0m $77.0m $178.0m $149.0m $111.0m
Other Liabilities, Noncurrent $519.9m $531.6m $507.6m $429.3m $489.0m $608.0m $637.0m $642.0m $590.0m $584.0m
Deferred Tax Liabilities, Net $137.5m $126.2m $112.2m $112.2m $127.0m $152.0m $172.0m $264.0m $224.0m $176.0m
Liabilities — — — — — $15.1b $15.7b $12.9b $13.4b $16.9b
Total liabilities — — — — $12.4b $15.1b $15.7b $12.9b $13.4b $16.9b
Redeemable Noncontrolling Interest, Equity, Carrying Amount — — — — — — $0 — — —
Stockholders’ equity:
Accumulated Other Comprehensive Income (Loss), Net of Tax ($128.1m) ($85.8m) ($151.2m) ($214.7m) ($119.0m) ($182.0m) ($194.0m) ($195.0m) ($224.0m) ($167.0m)
Accumulated other comprehensive loss ($128.1m) ($85.8m) ($151.2m) ($214.7m) ($119.0m) ($182.0m) ($194.0m) ($195.0m) ($224.0m) ($167.0m)
Common Stock, Value, Issued $6.7b — — — — — — — — —
Retained Earnings (Accumulated Deficit) ($3.6b) ($3.1b) ($3.0b) ($2.9b) ($2.3b) ($1.4b) ($560.0m) $446.0m $1.3b $2.2b
Treasury stock, at cost; 5,551,640 shares — — — — — ($388.0m) ($388.0m) $0 ($200.0m) ($200.0m)
Stockholders' Equity Attributable to Parent $2.6b $3.0b — — — — $5.4b $5.3b $5.0b $5.1b
Stockholders' Equity Attributable to Noncontrolling Interest $33.7m $0 — — — — $355.0m $0 — —
Liabilities and Equity $12.6b $13.7b $13.5b $13.7b $15.8b $19.3b $21.4b $18.3b $18.4b $22.1b
Total liabilities and shareholders' equity $12.6b $13.7b $13.5b $13.7b $15.8b $19.3b $21.4b $18.3b $18.4b $22.1b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.