Flex

Flex Ltd. operates as a manufacturing services company. It delivers technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets. The firm operates through the following segments: Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). The Flex Agility Solutions segment comprised of Communications, Enterprise and Cloud (CEC) includes data infrastructure, edge infrastructure and communications infrastructure, Lifestyle includes appliances, consumer packaging, floorcare, micro mobility and audio and, Consumer Devices include mobile and high velocity consumer devices. The Flex Reliability Solutions segment comprised of Automotive includes autonomous, connectivity, electrification, and smart technologies, Health Solutions includes medical devices, medical equipment and drug delivery and Industrial includes capital equipment, industrial devices, renewable including Nextracker business, grid edge, and power systems. The company was founded in May 1990 and is headquartered in Singapore.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Flex reports record revenue growth and strategic focus on margin improvement

Flex's strong financial performance in Q4 and fiscal '23, along with its successful IPO and record automotive wins, position the company for continued growth. However, supply constraints and segment-specific revenue declines present challenges. The company's focus on regionalization, higher-margin products, and stock repurchase reflects a strategic approach to capitalize on opportunities and manage challenges.

Flex reports solid Q2 performance, eyes growth in AI and renewable energy

Flex's Q2 performance was solid, with notable strengths in secular-driven markets and various growth opportunities. However, challenges were observed in consumer-facing markets and a difficult comp in CEC. The company remains optimistic about the opportunities in AI, cloud, healthcare, automotive, and renewable energy transition.

Flex reports robust Q3 earnings, eyes growth amid challenges

Flex's Q3 performance was strong, with revenue growth and increased guidance for the full year. The company faces challenges from semiconductor shortages but is investing in long-term growth. Opportunities lie in continued growth in core business units and operational efficiency improvements.

Flex reports robust Q4 earnings, addresses supply chain challenges

Flex's Q4 and full-year fiscal '23 results reflect strong revenue growth and improved earnings, despite supply chain challenges.
The company's focus on operational capabilities, regionalization, and capital allocation highlights its commitment to long-term value creation.
Challenges in the supply chain and margin improvement require attention, but opportunities in higher-margin sectors and automation strategies offer growth potential.
Flex's strategic guidance for Q1 and fiscal '24 positions the company for continued revenue growth and margin enhancement, emphasizing shareholder value.

Flex reports steady Q1 performance, eyes growth in key markets

Flex's Q1 2024 performance was steady, with strength in key markets offsetting challenges in consumer-facing and enterprise IT segments. The company's focus on margin improvement, strategic cash management, and investments in technology positions it well for future growth. Flex's emphasis on share repurchases and growth opportunities underscores its commitment to enhancing shareholder value.

Flex reports Q2 revenue decline, focuses on growth markets

Flex's Q2 performance saw revenue decline, but strong free cash flow and focus on growth markets. Challenges include revenue decline and margin pressures, with opportunities in margin expansion and operational efficiency. Flex's strategic focus on next-gen markets and capital allocation for EPS growth are key highlights.

Flex reports robust Q3 earnings, eyes growth in AI and data centers

Flex's Q3 performance was strong, with solid financial metrics and a focus on key growth areas like AI and data centers. While facing challenges in certain end markets, the company sees opportunities in Cloud, electrification, and market share expansion.

Flex surpasses Q1 revenue expectations, faces CFO transition challenge

Flex's Q1 performance exceeded expectations with strong revenue, margin, and EPS growth.
Despite challenges like CFO departure and segment outlook, the company's operational strength is evident.
Opportunities in key end markets and focus on shareholder value creation position Flex for continued growth.

Flex reports robust Q2 earnings, eyes data center growth

Flex's strong Q2 performance, focus on higher-value markets, and strategic acquisitions position it for continued growth and value creation.
While challenges like market competition and external factors exist, Flex's confidence in margin expansion and EPS growth underscores its resilience.
Opportunities lie in leveraging data center growth, innovation, and partnerships to drive future success and enhance shareholder value.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Flex Ltd. operates as a manufacturing services company. It delivers technology innovation, supply chain, and manufacturing solutions to diverse industries and end markets. The firm operates through the following segments: Flex Agility Solutions (FAS) and Flex Reliability Solutions (FRS). The Flex Agility Solutions segment consists of Communications, Enterprise and Cloud (CEC), including data infrastructure, edge infrastructure and communications infrastructure, Lifestyle, including appliances, consumer packaging, floorcare, micro mobility and audio and, Consumer Devices including mobile and high velocity consumer devices. The Flex Reliability Solutions segment consists of Automotive, including autonomous, connectivity, electrification, and smart technologies, Health Solutions, including medical devices, medical equipment and drug delivery, Industrial, including capital equipment, industrial devices, and Renewable, including NEXTracker business, grid edge, and power systems. The company was founded by Joe McKenzie and Barbara-Ann McKenzie in 1969 and is headquartered in Austin, TX.

Flex's (FLEX) third-quarter fiscal 2021 results benefit from strength across board.

Flex (FLEX) Q3 Earnings & Revenues Top Estimates, Up Y/Y

Flex Ltd (FLEX) CEO Revathi Advaithi on Q3 2021 Results - Earnings Call Transcript

Flex (FLEX) delivered earnings and revenue surprises of 32.43% and 7.44%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

Flex (FLEX) Q3 Earnings and Revenues Beat Estimates

Apple

NVIDIA

Universal Electronics

Consumer electronics market is poised to sustain its growth momentum on the back of rise in demand, making it wise to keep an eye on names like Apple (AAPL) and Flex (FLEX).

4 Stocks to Watch Amid Expected Growth in Consumer Electronics

After rising more than 3x from its low in March, at the current price of $18 per share, we believe Flex Ltd. stock has significant downside.

Up 3x Since March, Flex Ltd. Stock's Rally Seems Over

SAN JOSE, Calif., Jan. 11, 2021 /PRNewswire/ -- Flex (NASDAQ: FLEX) will announce its third quarter fiscal year 2021 financial results prior to market open on Thursday, January 28, 2021. The company will hold a conference call to discuss the results the same day at 8:00 a.m. Pacific Time...

Flex Announces Date for Third Quarter Fiscal 2021 Earnings Call

Despite rising more than 2.5x from its low in March, at the current price of $16 per share, we believe Flex Ltd. stock (NASDAQ: FLEX) has further upside potential.

Further Upside Possible For Flex Ltd?

SAN JOSE, Calif.--(BUSINESS WIRE)--Flex (NASDAQ: FLEX) today announced that it has been recognized for corporate sustainability leadership by global environmental non-profit CDP, securing a place on its prestigious ‘A List' for tackling water security. The A score from CDP is a historic first for the company, affirming Flex's strong commitment to environmental stewardship as part of its long-term sustainability strategy and efforts. “As part of our company's mission, we steward sustainable manu

Flex Environmental Stewardship Performance Earns Prestigious CDP ‘A' Score for Global Water Security

Flex has gained traction of late, and rightly so, given the potential value unlock from its NEXTracker solar business. The core business has also been outperforming despite COVID-19 headwinds, which is a key positive.

Flex: Spinoff Potential Priced In

Cadence Design Systems

Keysight

Increased allegiance to safe and cleaner transportation solutions positions tech companies, including NVIDIA (NVDA), Flex (FLEX), Keysight (KEYS), and Cadence (CDNS), to make the most of growing market interest in EVs.

4 Tech Stocks Well Positioned to Make the Most of EV Boom

SAN JOSE, Calif.--(BUSINESS WIRE)--Flex (NASDAQ: FLEX) today announced that John D. Harris II, a seasoned executive leader, has joined the Company's Board of Directors, effective November 23, 2020. Mr. Harris has over 30 years of technology, non-profit and business board experience, and most recently served as vice president of Business Development for Raytheon Company and chief executive officer of Raytheon International, Inc. In this role, Mr. Harris was responsible for worldwide sales and ma

Flex Appoints John D. Harris II to its Board of Directors

SAN JOSE, Calif.--(BUSINESS WIRE)--Flex (NASDAQ: FLEX) announced the appointment of Dr. Todd M. Fruchterman as president of the Reliability Solutions segment, effective November 30, 2020. As part of the company's succession planning, Dr. Fruchterman's appointment follows Paul Humphries's notice of his retirement, effective November 30, 2020 with a transition period ending March 31, 2021. Dr. Fruchterman brings a wealth of experience to his role at Flex with deep knowledge in regulated businesse

Flex Appoints Dr. Todd M. Fruchterman as President, Reliability Solutions Segment

Mattel

SB Financial Group

UBS Group AG

Picking breakout stocks is one of the most-favored methods for those utilizing an active investing approach since this strategy offers the promise of superlative returns.

4 Breakout Stocks to Buy for Outstanding Returns

Flex (FLEX) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Flex (FLEX) Hits 52-Week High, Can the Run Continue?

Flex (FLEX) fiscal Q2 performance reflected continued strength in demand for health and industrial solutions. Yet, demand continues to be under pressure at many other end markets due to COVID-19 crisis.

Flex (FLEX) Earnings and Revenues Surpass Estimates in Q2

Flex Ltd. (FLEX) CEO Revathi Advaithi on Q2 2021 Results - Earnings Call Transcript

Flex (FLEX) delivered earnings and revenue surprises of 28.57% and 7.93%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Flex (FLEX) Beats Q2 Earnings and Revenue Estimates

Shares of Flex (NASDAQ:FLEX) moved higher by 0.15% in after-market trading after the company reported Q2 results. Quarterly Results Earnings per share rose 16.13% year over year to $0.36, which beat the estimate of $0.27.

Flex: Q2 Earnings Insights

SAN JOSE, Calif.--(BUSINESS WIRE)--Flex (NASDAQ: FLEX) today announced results for its second quarter ended September 25, 2020. Second Quarter Fiscal Year 2021 Highlights: Net Sales: $6.0 billion GAAP Income Before Income Taxes: $153 million Adjusted Operating Income: $247 million GAAP Net Income: $113 million Adjusted Net Income: $180 million GAAP Earnings Per Share: $0.22 Adjusted Earnings Per Share: $0.36 An explanation and reconciliation of non-GAAP financial measures to GAAP financial meas

Flex Reports Second Quarter Fiscal 2021 Results

Flex (FLEX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Flex (FLEX) Q2 Earnings Expected to Decline

The shares of electronics company Flex (FLEX) are up 2.5% at $14.96 at last check, earlier trading up at $15.61 – a fresh two-year high.

Call Traders Flock To Red-Hot FLEX

Array Technologies

Array Technologies is an IPO winner, even though it's low technology. Buy Flex stock instead of Array Technologies stock, since it is likely to spin off or carve out its Nextracker division.

Array Technologies Stock Is an IPO Winner, but Flex Stock Is a Better Buy

Flex benefited from bullish comments by Wall Street analysts.

Why Flex Stock Is Rising Today

SAN JOSE, Calif.--(BUSINESS WIRE)--Flex (NASDAQ: FLEX) will hold a conference call to discuss its second quarter fiscal year 2021 results on Thursday, October 29, 2020 at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). The live webcast of the conference call and accompanying slides will be available on the Flex Investor Relations (IR) website located at investors.flex.com. Alternatively, to access the conference call by telephone, participants can obtain the dial-in number and event passcode b

Flex Announces Date for Second Quarter Fiscal 2021 Earnings Call

SAN JOSE, Calif.--(BUSINESS WIRE)--Flex (NASDAQ: FLEX) today announced it was the recipient of the Cisco 2020 Excellence in Sustainability Award. Cisco unveiled the award winners at its annual Supplier Appreciation Event (SAE). For the first time in 29 years, the SAE was virtual, and aired on Cisco TV on September 23, 2020. This award recognizes Flex for distinguishing itself as visionary and collaborative in the social and environmental sustainability space. This is the second consecutive year

News for Flex Stock (FLEX)