Below are the financial statements of Flex, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of USD | 2025 as of 2025-03-31 | 2024 as of 2024-03-31 |
|---|---|---|
| Assets | — | — |
| Current assets | — | — |
| Cash and cash equivalents | 2.29a | 2.47a |
| Accounts receivable, net of allowance for doubtful accounts | 3.67a | 3.03a |
| Contract assets | 0.62a | 0.25a |
| Inventories | 5.07a | 6.21a |
| Other current assets | 1.19a | 1.03a |
| Total current assets | 12.84a | 12.99a |
| Property and equipment, net | 2.33a | 2.27a |
| Operating lease right-of-use assets, net | 0.56a | 0.6a |
| Goodwill | 1.34a | 1.14a |
| Other intangible assets, net | 0.34a | 0.25a |
| Other non-current assets | 0.96a | 1.02a |
| Total assets | 18.38a | 18.26a |
| Liabilities and shareholders' equity | — | — |
| Current liabilities | — | — |
| Bank borrowings and current portion of long-term debt | 1.21a | 0a |
| Accounts payable | 5.15a | 4.47a |
| Accrued payroll and benefits | 0.56a | 0.49a |
| Deferred revenue and customer working capital advances | 1.96a | 2.62a |
| Other current liabilities | 0.98a | 0.97a |
| Total current liabilities | 9.85a | 8.54a |
| Long-term debt, net of current portion | 2.48a | 3.26a |
| Operating lease liabilities, non-current | 0.46a | 0.49a |
| Other non-current liabilities | 0.59a | 0.64a |
| Total liabilities | 13.38a | 12.93a |
| Shareholders' equity | — | — |
| Flex Ltd. shareholders' equity | — | — |
| Ordinary shares, no par value | 4.14a | 5.07a |
| Treasury stock, at cost | -0.2a | 0a |
| Accumulated earnings | 1.28a | 0.45a |
| Accumulated other comprehensive loss | -0.22a | -0.2a |
| Total shareholders' equity | 5a | 5.33a |
| Total liabilities and shareholders' equity | 18.38a | 18.26a |
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