--- title: "Flex Ltd.: Metrics Guide" description: "Flex Ltd. revenue, margins, cash flow and balance sheet figures by fiscal year, taken from its SEC filings, with the ratios computed and explained." canonical: https://www.getswoopr.com/stocks/companies/flex-ltd/metrics/ source: "Swoopr Investment: https://www.getswoopr.com" --- # Flex Ltd.: Financial & Operating Metrics Guide ## Direct Answer Flex Ltd. reported revenue of $27.9 billion for the fiscal year ended March 31, 2026, with an operating margin of 4.9% and net income of $880 million, according to its SEC filings. Revenue grew 8.1% from the prior year. ## What Are Flex Ltd.'s Key Financial Figures? | Fiscal year | FY2026ended March 31, 2026 | FY2025ended March 31, 2025 | FY2024ended March 31, 2024 | FY2023ended March 31, 2023 | | --- | --- | --- | --- | --- | | Revenue | $27.9 billion | $25.8 billion | $26.4 billion | $28.5 billion | | Operating income | $1.4 billion | $1.2 billion | $853 million | $1.0 billion | | Operating margin | 4.9% | 4.5% | 3.2% | 3.6% | | Net income | $880 million | $838 million | $872 million | $793 million | | Net margin | 3.2% | 3.2% | 3.3% | 2.8% | | Operating cash flow | $1.7 billion | $1.5 billion | $1.3 billion | $950 million | | Capital expenditures | $633 million | $438 million | $530 million | $635 million | | Free cash flow | $1.1 billion | $1.1 billion | $796 million | $315 million | Operating margin held roughly steady between fiscal 2025 and 2026, which separates pricing and cost discipline from revenue growth alone. Free cash flow (operating cash flow minus capital expenditures) was $1.1 billion against net income of $880 million; cash generation covered reported earnings. ![Bar chart of Flex Ltd. revenue, operating income, net income for fiscal 2023 to 2026. In fiscal 2026, revenue was $27.9 billion, operating income $1.4 billion and net income $880 million.](https://www.getswoopr.com/images/charts/flex-ltd-metrics-revenue-profit.webp) *Flex Ltd. revenue, operating income and net income by fiscal year, from the figures in the table above. Select the chart to open it full size.* ![Line chart of Flex Ltd. operating margin and net margin for fiscal 2023 to 2026. In fiscal 2026, operating margin was 4.9% and net margin was 3.2%.](https://www.getswoopr.com/images/charts/flex-ltd-metrics-margins.webp) *Flex Ltd. operating margin and net margin by fiscal year: operating income and net income as a share of revenue. Select the chart to open it full size.* ![Bar chart of Flex Ltd. operating cash flow, capital expenditures, free cash flow for fiscal 2023 to 2026. In fiscal 2026, operating cash flow was $1.7 billion, capital expenditures was $633 million, free cash flow was $1.1 billion.](https://www.getswoopr.com/images/charts/flex-ltd-metrics-cash-flow.webp) *Flex Ltd. operating cash flow, capital expenditures and free cash flow by fiscal year. Select the chart to open it full size.* ## What Does Flex Ltd.'s Balance Sheet Show? | Cash and cash equivalents | $2.4 billion | | --- | --- | | Long-term debt | $3.8 billion | | Total assets | $22.1 billion | | Total liabilities | $16.9 billion | | Shareholders' equity | $5.1 billion | | Current ratio | 1.4x | Balance sheet values are as of the end of fiscal 2026. Income statement figures describe a whole year; balance sheet figures describe a single day, so the two answer different questions. ## Where These Numbers Come From Every figure on this page is a value Flex Ltd. reported in its own SEC filings, read from the SEC's XBRL data (accession 0000866374-26-000012 for fiscal year 2026). Ratios are computed from those reported values. Figures were retrieved on October 7, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary. Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation. ## Frequently Asked Questions ### What was Flex Ltd.'s revenue in fiscal 2026? Flex Ltd. reported revenue of $27.9 billion for the fiscal year ended March 31, 2026, according to its SEC filings. ### What is Flex Ltd.'s operating margin? Flex Ltd.'s operating margin was 4.9% in fiscal 2026: operating income of $1.4 billion on revenue of $27.9 billion. ### How much free cash flow did Flex Ltd. generate? Operating cash flow of $1.7 billion less capital expenditures of $633 million gives free cash flow of $1.1 billion for fiscal 2026. ## References - [SEC EDGAR: FLEX LTD. Form 10-K filed May 20, 2026](https://www.sec.gov/Archives/edgar/data/866374/000086637426000012/flex-20260331.htm) - [SEC EDGAR: FLEX LTD. annual and quarterly filings](https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=866374&type=10-K) - [SEC: EDGAR application programming interfaces (XBRL frames and submissions data)](https://www.sec.gov/search-filings/edgar-application-programming-interfaces) ## Related Pages - [Flex Ltd. company dossier](https://www.getswoopr.com/stocks/companies/flex-ltd/) - [Flex Ltd. financial metrics](https://www.getswoopr.com/stocks/companies/flex-ltd/metrics/) - [Flex Ltd. financial risk indicators](https://www.getswoopr.com/stocks/companies/flex-ltd/risks/) - [Flex Ltd. peer comparison](https://www.getswoopr.com/stocks/companies/flex-ltd/competitors/) - [Flex Ltd. business model and revenue mix](https://www.getswoopr.com/stocks/companies/flex-ltd/business-model/) - [Fundamental analysis guides](https://www.getswoopr.com/learn/fundamental-analysis/) **[Swoopr Editorial Team](https://www.getswoopr.com/authors/swoopr-editorial-team/)** Swoopr's editorial team produces independent investment education content reviewed for accuracy and clarity. 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